Bitcoin Forum

Core Concepts

Mitigation of Fraud and Corruption
All donations on Grace are securely recorded on the blockchain, which are immutable and open to everyone to audit. This reduces the risks of fraud and corruption, and ensures that the much-needed donations go directly to the right hands.

Advocate Incentive Mechanism
With its Advocate Incentive Mechanism, Grace leverages the power of passionate individuals and economic incentives to deliver the greatest possible social impact. The interest of the  Advocates is aligned with the interest of social good.
Utilizing social marketing this way, the promotional efforts of charities can scale limitlessly, without incurring marketing costs up front.

Freeing Up Resources for Charities, Improving Operating Efficiency
Grace allows organizations to delegate promotional work to incentivized Advocates. This frees up time and funds otherwise allocated to recruiting and training marketing talents, so that the charities can focus their limited resources on other important areas.

Financially Sustainable Efforts for Contributors
Around the world, we have observed a steady decline in volunteering rate as well as the number of hours of volunteer work done. For many people who are passionate about contributing, time is often a limiting constraint and there is only so much sacrifice one can make before having to succumb to the unforgiving reality of daily affairs and commitments.

Grace tackles this long-standing problem by establishing a stream of income for Advocates to continue their charitable work in a financially sustainable way. In some cases, Advocates may earn enough from Grace rewards to justify doing good full-time. A truly profound outcome.






Token Sale Details
A total of 120,000,000 GRCE tokens will be issued. The supply is permanently fixed, making it intrinsically deflationary. 20% of all GRCE tokens issued is withheld and 80% is sold in the token sale.

GRCE tokens are sold at an exchange rate of 1 ETH : 3000 GRCE.

GRCE Pre-Sale
During the pre-sale, purchases are rewarded with 20% extra tokens until the pre-sale period closes or the pre-sale reaches its cap of 20 million tokens.

Starts: August 28, 2017 00:00am GMT
Ends: September 3, 2017 11:59pm GMT

GRCE Sale
Starts: November 1, 2017 00:00am GMT
Ends: December 15, 2017 11:59pm GMT


Blog Posts & Content
Reasons why you should rethink how charity works (https://medium.com/@GraceOrg/reasons-why-you-should-rethink-how-charity-works-9000088d8abc)
The Game Changer - Advocate Incentive Mechanism (AIM) to Power Charity Fundraising (https://medium.com/@GraceOrg/the-game-changer-advocate-incentive-mechanism-aim-to-power-charity-fundraising-c587d082664c)
Infographic: Grace vs Traditional Fundraising (https://s3.us-east-2.amazonaws.com/gracetoken.org/Grace-vs-nonprofit-infographic.png)
Grace Token Empowers the Nonprofit Sector With Individual Incentives (The Merkle) (https://themerkle.com/grace-token-empowering-the-nonprofit-sector-with-individual-incentives/)


Bounty Campaigns
https://bitcointalk.org/index.php?topic=2087271.0


Other Languages: Chinese (https://bitcointalk.org/index.php?topic=2087835.0), Indonesian (https://bitcointalk.org/index.php?topic=2090517.0), Polish (https://bitcointalk.org/index.php?topic=2091908.0), Vietnamese (https://bitcoingarden.org/forum/index.php?topic=18015.0), Filipino (https://bitcointalk.org/index.php?topic=2093151.0), Hindi (https://bitcointalk.org/index.php?topic=2094247.0), German (https://bitcointalk.org/index.php?topic=2105698), Portuguese (https://bitcointalk.org/index.php?topic=2097101.0), Dutch (https://bitcointalk.org/index.php?topic=2114114.0), Greek (https://bitcointalk.org/index.php?topic=2134551.msg21337055#msg21337055)

Official Grace Token Sale Bounty Program:
https://medium.com/@GraceOrg/official-grace-token-sale-bounty-campaign-2fb55d7d0828

Corresponding thread:
https://bitcointalk.org/index.php?topic=2087271.0

took me a while to go through the whitepaper. it's a very interesting concept, best of luck!

Thank you! We also have a bounty program available if you're interested: https://bitcointalk.org/index.php?topic=2087271.0

More announcements coming soon. Stay tuned!

Projects with perfect concepts and plans, have a professional team, I think this project has the potential to succeed, I'm waiting for updates, maybe bounty or signature campaign?

is good if you open bounty, you create thread in bounty section
can maximum, participant and promotion

I  interested in this coin. How to join the bounty and is any bounty option available for the coin.

Other projects with the concept of real estate, very promising, although many projects with the same concept, I hope this project has a good plan to survive and compete, I see this project has a good team, I will continue to wait for updates from this project, good luck

Now actually causes the lack of regulation, resulting in a lot of public welfare funds disappearing, corruption is the first thing to solve, if combined with blockchain, this kind of phenomenon will be reduced or even disappeared, blockchain is unmodifiable is very suitable for these industries to charity.

The project is worth the attention. i will keep watching

Thanks a lot for the support!




the details for our bounty campaigns are available in this thread: https://bitcointalk.org/index.php?topic=2087271.0
please also feel free to join our slack channel: http://gracetoken.herokuapp.com

great I will join your social media campaign.

They can get more people to promote this coin though there isn’t any large reward for doing so. I think that most people that will promote this coin will only promote the coin to make money by dumping the coins that they’ve made during the promotion period.
There really isn’t anything within the Announcement that makes the reader want to think that this particular project needs an Ico to begin with. If they really had a project that can help the Ethereum network then they would just release the product immediately instead of waiting for the money to get to them first.

Maybe I'm understanding your comment wrong, but isn't the purpose of ICOs a way to kickstart the network and get some early users onboard? If anything, for this project in particular, it seems launching an ico for an ethereum based token would be the perfect application. I read their whitepaper last night, and to my understanding they are trying to capitalize on a user created network effect to create a win-win-win scenario for the three main types of potential users. In this case wouldnt a token sale be the perfect way, strategically speaking, to kickstart a cycle of adoption and usage? (for some context: https://strategicthinker.wordpress.com/chicken-and-egg-problems/)

p.s. I might also be slightly biased because I work in the nonprofit industry myself and do plan on investing. I'm going through their whitepaper for a second time today and honestly im very impressed. Idea itself is simple, but quite elegant. I think they did a good job

Reserve indonesian translation if you need,  :)

If you are in Indonesia just go HERE (https://bitcointalk.org/index.php?topic=2090517.0) to discuss about Grace. tanks :D

I join bounty in this project on social media, good project and good luck.

The project is worth the attention. i will join social media bounty

Interesting project I am researching and will revert , i like that ICO are enabling these type of projects !

Reserved the Dutch and German translations via PM. Thank you.

Polish translation available here (https://bitcointalk.org/index.php?topic=2091908.msg20898089#msg20898089)

Good luck!

 I need more info about this coin, quiet exchange for example, the concept is good enough, anyway, hopefully this project goes well, maybe with new ANN, good luck

The Filipino thread for this ANN is up and available via this link below:
https://bitcointalk.org/index.php?topic=2093151.0
Calling all those people with charitable minds and behaviour to support this project.

supportfull to this GRACE project  hope this project will be succes , keep hard work to be succesfull goodluck

great article. it helped me grasp the concept better

i think this project is interesting with new concept
goodjob dev hopefull this project will be succes goodluck

agree with you
Hopefully dev serious in running this project aga dapa success in the future

Hindi Thread is Here https://bitcointalk.org/index.php?topic=2094247.new#new

i like the concept of this project
i will support this project with join bounty facebook and twitter
goodluck dev

The concept is charitable, very good, I really like the concept project,
because it will be very useful for others who need it. good luck Dev.

Portuguese Thread is Here: https://bitcointalk.org/index.php?topic=2097101.0

Check out our new infographic! Grace vs Traditional Fundraising (https://s3.us-east-2.amazonaws.com/gracetoken.org/Grace-vs-nonprofit-infographic.png)

https://s3.us-east-2.amazonaws.com/gracetoken.org/Grace-vs-nonprofit-infographic.png

nicely done! very informative

I'm agree with you, with this kind of project, it will at least minimizing/reducing the possibility of the occurrence of some donation impostor, than only think about their own profit.

the advocate marketing aspect is quite ingenious. I'm quite interested

do you guys have a bounty program?

If you open project bounty please write on menu bounty selection sir

The German thread is now online:
https://bitcointalk.org/index.php?topic=2105698

Thank you very much! We have updated the thread and the tracking sheet accordingly

It's been some time since I translated the ann of you and you have not put it in the ann yet ... it's difficult, right?

I like the idea of this project! Donations Platform with Economic Incentive Mechanism ,like dogecoin's idea.

Thank you for the reminder! It is now added.

We just published a new Medium post!

Reasons why you should rethink how charity works (https://medium.com/@GraceOrg/reasons-why-you-should-rethink-how-charity-works-9000088d8abc)

Take a few minutes to check it out. You won't regret it!

The Dutch announcement thread is now online:
https://bitcointalk.org/index.php?topic=2114114.0

The German bounty thread is now online:
https://bitcointalk.org/index.php?topic=2116825

We just published a new Medium post!

A Win-Win-Win Scenario for Philanthropy (https://medium.com/@GraceOrg/a-win-win-win-scenario-for-philanthropy-3d3a821a5d9)

Grace GRCE Token Pre-Sale starts in less than 24 hours!

We have deployed the token sale smart contracts to mainnet. Pre-sale starts August 28, 2017 00:00am GMT. Participate to receive 20% bonus tokens!

GRCE Token Pre-Sale is now LIVE!

Participate to receive 20% bonus GRCE tokens!

https://www.gracetoken.org/token-sale-1/

thans for your allert
Hopefully token sale can get maximum results for this project can be successful
I will take a little investment position in this project

Just sent some eth myself. Going for that 20% bonus :) Best of luck!

thank you for the information,  :)
I think gracetoken will reach hardcap, good luck this project, good work :)

The translation of the ANN thread to Greek is complete here now

https://bitcointalk.org/index.php?topic=2134551.msg21337055#msg21337055

Our pre sale is live! Participate to get 20% bonus GRCE Tokens!

secure fundraising platform built on top of blokcain Etherium. also, the funds used for people not able to and suffering from diseases such as cancer. I agree if the social is very important. Hopefully this project can succeed with its social objectives

hi dev, i want to know if your project is still running, on twitter i do not see the latest news update or information about your project, i hope it is fine and i wait for further news, thank you.

as always a charitable project like this will usually be hard for ICO success, as few investors are interested.
but should not be pessimistic as well, hopefully grace is a differentiator and can be successful.

Grace was featured on The Merkle! https://themerkle.com/grace-token-empowering-the-nonprofit-sector-with-individual-incentives/

Grace, a small startup organization, developed a blockchain-based platform where charities, donors and promoters can prosper.

Grace abandons the traditional method of fundraising where charities have to do all the marketing. The startup created a platform on the Ethereum blockchain. There are three types of participants: charities, in need to raise money for their cause, donors, the ones donating the funds, and the advocates who spread the news about the charities to attract donors to the cause.

https://www.cryptocoinsnews.com/grace-introduces-us-the-new-era-of-charity-fundraising/

Future of Charity Fundraising — Grace vs Conventional Fundraising

Here’s a harsh reality — The current state of charity fundraising is problem-ridden. It is not uncommon to for nonprofits to be hindered by fraud, corruptions, inefficiencies and limited resources.

By implementing all donations using smart contracts on the Ethereum blockchain, these problems are largely mitigated on the Grace platform.

https://medium.com/@GraceOrg/conventional-fundraising-vs-grace-4bb96497ee66

Grace ICO listed on ICOnow.

http://iconow.net/ico-714 (http://iconow.net/ico-714)   

a lot of developers want money, we'll see what will come of it)

Yes, this project is indeed nice, have a considerable allocation. but if altcoin the theme of charity like this is very difficult to attract traders, yeah hopefully this project going forward better

I think the concept of this project is indeed a good point about the charity. Maybe developers smarter again to convince traders. In order to more easily attract traders. Hopefully the projects successfully.