We visioned that other Devs would try and make a difference by starting new Coins with the intent of helping many other charities like HIV, Diabetes, Homeless people, hurricanes and etc.
Why start a new coin for purposes like that at all? Why dont you engage in a crypto cancer charity project and fundraise it by advertising und getting donation from the crypto community via already etablished coins ala bitcoins etc?
You would save the effort of creating a coin and redirect your resource in your main goals which are stated by you "raising awareness, making donations, crypto advertising". Creating a charity project would be much more obvious on your goals than creating yet another coin and the efforts to raise it.
My apologies to all for taking some time off posting in here. Much work is being done at this moment and we had to focus in preparing a fair launch.
I notice a few posts above with questions which I wanted to address.
So Traderman, thanks for asking.
We had this idea when we noticed that a crypto currency can unite people. We witnessed many times when people came together to help each other. They felt and act as a community. These may be taken as small acts but they are huge in many eyes. We all remember when the Doge community came together to send an Indian athlete to Sochi. Or when they raised funds to send the Jamaican Bobsled team to the Olympics. The same community came together to help the victims of the Christmas Heist. The Bitcoin community who sent money to this kid who appeared on the background of a News report holding his wallet address stamped on a sign asking help to fund his schooling.
Now how awesome is that? Doge is a new community (7 weeks now?) and already accomplishing so much. And there might be many other times this charitable acts happened without not even being reported.
That being said we could start a charity and ask for donations but for that to work you need to start a non profit organization and, remember, non profit organization does not mean people working free of charge. People who work for this organizations also get paid a salary, there is taxes implications, a location, supplies etc. You now have a not profit Corporation which operated very alike a company.
Besides all of that, once this Non for profit Corporation or organization is started, the real work begins which it is asking people for donations and depending on those donations to be able to self sustain. By the time those donations gets to the final target, they are very depleted.
CancerCureCoin works in a different way.
We can build a Community and this Community is committing themselves to fund Cancer research as they start mining, or trading, or using it as way to buy goods.
There is no need to ask for donations. People are getting into it knowing that they are making a difference no matter what.
And other Coins also can help by donating if they wish. They can get one of their own wallets, fill it with donations and exchange it to CancerCureCoin.
Other poster asked us why we building this Coin since Franko, GridCoin and CureCoin are already doing it. And the answer is that although they are doing it, they are not doing it solely towards charity. Now please do not take this the wrong way. They are great Coins and just by the fact they are donating and helping other causes they have our support. So we are sending those guys a shout-out. Guys keep doing the awesome work you have been doing. Please don't take us a threat because we are not and will ever be. And if any of you guys want to help our team it will be greatly appreciated.
Other point is that if a certain community decides to donate to these charities, they will not be able to raise such substantial amount as CancerCureCoin.
This Coin can generate huge funds that can be very welcome to this cancer research Institutions.
On top of all of that, there is the fact CancerCureCoin will be a global effort. That is why we wanted people to nominate their preferred institutions. We want people researching and looking for a team that can find the cure for Cancer.
Right now there might be a team of researchers very getting very close to the goal. It could be an underfunded but talented group somewhere in a small city in India. It could be a well known team of researchers in South America, China, Africa you name it. The reality is, only if we make a joined effort we could get to the cure sooner.
So, do some mild research, even if that is not your cup of tea and nominate a group. It might make a difference.
Cheers
