Topic: Worthshare: Share your net worth with cryptocoins [Donations Accepted] (Read 2193 times)

I just stumbled across your project on bitcoinstarter and thought I'd look up your website.  Came across a namecheap placeholder domain.  Have you given up on the project, or is it on hold?  It seems a bit bizarre that you're advertising and trying to get money for something that you don't even have a website for yet.

[Please make donations to this address 1Ce8WzkmnUXD2R8zoQmoRWW23BaV4rVP3J]

What is Worthshare?

Worthshare is a platform for people to raise funding for personal reasons. Anyone can create a profile and advertise their needs and raise funds from those willing to spare them. Beneficiaries may range from individuals trying to make a living, to organizations looking for donations. However, Worthshare will constantly try to create means to maintain users' authenticity, lest the funds be used for fraud or illegal activities.

Worthshare's long term goal is to bridge the gap between those who are wealthy, with those who aren't.

How it works

For beneficiaries (Those who receive)
Beneficiaries may include absolutely anyone; be it a single mom struggling to pay her bills, a college student trying to pay rent or tuitions or just about anyone else. Worthshare provides a platform for beneficiaries to be recognized.

Beneficiaries will
Step1: Get a wallet address.
Step2: Create a profile with Worthshare. This is where beneficiaries announce their needs.
Step3: Get funds.

For Benefactors (Those who give)
Benefactors need not be extremely wealthy to be generous, thanks to the extreme granularity exhibited by Bitcoin and other crypto-currencies. People can donate as low as 0.000001 BTC and still call themselves donors.

Benefactors will
Step 1: Create an account with Worthshare.
Step 2: Find beneficiaries. Benefactors may reveal as much information as they want, to beneficiaries.
Step 3: Send cryptocoins to beneficiaries' in the address provided.

Worthshare does not intend to play the role of middle-man between benefactors and beneficiaries. However, we might add auto-payment features later on, using which will charge benefactors a small fee.

FAQ
Q. Why would anyone just give away money like that?
A. The distribution of wealth in America is unfair. The top 1% of the population owns and controls 40% of the nation’s wealth. Extrapolate this to a global scale and the reality is much worse. But that doesn’t mean the world’s rich people are being selfish. Charitable organizations around the world are numerous and more and more wealthy people are interested in taking up philanthropic pursuits. Worthshare is simply a platform that that wishes to expand upon this base of generous people around the planet.


Q. What if they grow dependent on handouts?
A. Human aspirations are endless and transcend materialistic desires. Unfortunately, these aspirations are kept in check, with everyday material needs such as food, water, shelter and mental stimulation. Most people’s lives are almost completely pre-occupied with finding ways to fulfill these basic needs. In today’s economic landscape, only the top 10% of the world’s population get to follow their passions and go ahead to become artists, musicians, writers or inventors.

Let’s face it. There’s enough wealth, food and resources on this planet to feed, shelter and clothe everybody. Yet, we are unable to do so, because of some simple economic and logistical problems. Eliminate these problems, and soon enough, you can see that humanity has achieved that state of utopia people have been talking about for ages.

Of course, even though such a thing seems a little far-fetched, Worthshare attempts to take the first step towards reaching such an ideal world.


Q. What’s the point of this whole endeavor?
A. The need to bridge the gap between those who are wealthy and those who aren’t has been recognized by nearly every political movement in history. Only the approach to solving this problem varies. Worthshare is simply a platform, a tool and an experiment which takes advantage of the benefits of cryptocurrencies to solve this problem.

Q. What if I’m tricked? What if my money is used for activities other than what it’s claimed for?

A. How is this any different from donating money to huge multi-national organizations? With cryptocurrencies, you can make sure that your money directly reaches those who need it. You can’t say the same about third parties collecting your donations.

Q. Why cryptocurrencies? Why not just fiat money?
A. We, at Worthshare, believe cryptocurrencies (especially the inception of Bitcoin) is one of the most important inventions humans have ever had, since the Internet. Dealing in cryptocurrencies is like sending emails. It’s fast, secure, cheap and personal. Since cryptocurrencies do not need 3rd parties involved and all transactions are managed by a distributed network of computers, one can send money to the farthest reaches of the planet in a matter of seconds.

Cryptocurrencies like Bitcoin also have the added advantage of granularity. This means, you can divide each Bitcoin into a million different parts and send it to a million different people. Bitcoin in particular, is worth about 1000 dollars (December 2nd 2013). Now, imagine sending one thousandth of a dollar through PayPal. Can you?

Q. What about safety?
A. Benefactors do not have to identify themselves at all. Therefore, you don’t have to concern yourself with extortion rackets across the internet.

Q. What about spammers, frauds and conmen?
A. The authenticity of Beneficiaries is Worthshare’s responsibility. We will try our best to make sure only real people have profiles in this community. However as benefactors, you have complete control over who gets your coins and who doesn’t. You don’t have to commit yourself to anyone. So stop funding those you no longer trust, any time you want.

Q. What about Quid-pro-quo arrangements?
A. Benefactors may not make any quid-pro-quo arrangements during the initial contact. Worthshare discourages such behavior on this platform. However, any communications that happen outside Worthshare is beyond its control.

Business Plan
Presently, profit is not in our radar. Our intent is to simply create a platform and see the response. Of course, this endeavor is bound to face a lot of resistance from purists and traditionalists and be accused of promoting "E-begging". But this idea was born based on the premise that generosity is plentiful out there, and in great diversity and varieties.

It has been 2 days since the idea was born and we currently have 2 founders, both of whom are fresh college graduates. While we could use your funds to keep ourselves from having to work regular jobs and focus our time and efforts on this project instead, we would certainly appreciate your attention and support even more.

Thank you.