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Author Topic: Charity Projects with Crypto  (Read 465 times)
TucoRamirez (OP)
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January 15, 2018, 06:02:35 AM
Merited by malevolent (3), kabit9 (2), Mitchell (1), mprep (1), Welsh (1), ABCbits (1)
 #1

Well, I am about a year into the crypto-world now, and I have seen massive movements in terms of prices, and people getting into cryptocurrencies in 2017. No doubt a large majority of this is speculation, but I also remember that the crypto community has a spirit of giving, and wanting to change the world for the better.

Since 2017 was very good to mostly everyone in cryptos, and you would have had to be an absolute imbecile to have lost money, I decided to make a donation around the end of Dec.  While hunting for a good cause that accepted crypto, I found a major lack of options.

Sure WikiLeaks and the EFF and a few other options such as the BitGive Foundation (https://www.bitgivefoundation.org/) exist, but surely there is large scope for more grassroots efforts in this space?  I live in India, where no amount of charity is enough, we have over half a billion people just barely surviving...

I would welcome a discussion to think about possible new models of charity with cryptocurrencies / tokens, which benefits both, the giver & those who need it most. 
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January 20, 2018, 05:21:46 AM
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https://btcgive.tumblr.com/

/shrug
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January 24, 2018, 05:06:29 AM
Merited by malevolent (2), vapourminer (1), mprep (1)
 #3

As far as charitable giving in the crypto space, there’s the Pineapple Fund, but he has disabled new applications at the moment. www.pineapplefund.org. It’s good to see that someone is donating massive amounts of Bitcoin to charities, and I’d like to see more acts like this.

There are also several altcoins that were solely created for charitable giving, such as CoExistCoin and KrossCoin. I’m sure there are a few others.

I think the major problem with charities, not just ones who would potentially accept crypto, is the lack of transparency. I, myself, will never again donate to Red Cross because of it.

Not a plug, but I am on the board of a non-profit in the third world country that I live in, and we publish financial statements every single quarter and every single year. I’m currently in the process of creating and integrating crypto wallets into the website, and hope to use blockchain technology and historical data to be able to provide transparency for every crypto donation, as well as every time the crypto is exchanged to fiat in order to use for the charity. There are some tax implications that is slowing the process down, but I want to ensure that we are by the book, so until the day comes when we can legally accept crypto, I won’t be sharing any addresses for donations.

I really do wish more charities will step up, but if I may be honest, I feel that if charities are savvy enough to accept crypto donations, then they are probably inclined to pay for the web developer’s services for including crypto donation options as a method of receiving funds. Just another unnecessary expense, in my opinion, that detracts from using funds for their intended purpose of the charity’s mission.

OP, please let me know what you discover. I’m looking for a charity (besides my own) to give back to for 2018, and am interested to see what you come up with!
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January 26, 2018, 11:04:23 PM
 #4

I'm studying XHTML and JavaScript to implement a special Ethereum address every time a Donator wants to donate something in his/her chosen charity.
I was discussing this kind of topic in my local board (https://bitcointalk.org/index.php?topic=2669388.msg27238914#msg27238914)
But they all think I was only doing it to make profit out of thin air which is unacceptable to my feelings.

Now the best suggestion there is The charities need to have a donation transparency and it will only happen once there's someone in publication to promote all of kind of advertisement which I found stupid opinion.

My idea back then was to promote a Signature Campaign in our chosen charity and wear the signature with nothing in return the donation is going to our beloved Moderator Dabs, Apparently things get more messy because of the Anonymity.

I conclude one definite solution to all. I should master XHTML and JavaScript along with some transparency and suggest to all of the charity to provide a donation address which can accept a cryptocurrency, also I could implement one if they don't have an idea or knowledge of cryptocurrency.
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January 30, 2018, 12:27:05 AM
 #5

I conclude one definite solution to all. I should master XHTML and JavaScript along with some transparency and suggest to all of the charity to provide a donation address which can accept a cryptocurrency, also I could implement one if they don't have an idea or knowledge of cryptocurrency.
I know several charities which are close to me that aren't considered big ones and some which deal with medical conditions unheard of by the majority. I contacted one of them about accepting Bitcoin and they replied stating they do not accept Bitcoin, although they are open to possibly accepting it in the future funding to get someone who is knowledgeable in Bitcoin and setting it up would cost too much money for very little return based on the amount of inquires they have.

It would be awesome if you/someone could approach these types of charities in getting something like this sorted out for them free of charge.
 
I really do wish more charities will step up, but if I may be honest, I feel that if charities are savvy enough to accept crypto donations, then they are probably inclined to pay for the web developer’s services for including crypto donation options as a method of receiving funds. Just another unnecessary expense, in my opinion, that detracts from using funds for their intended purpose of the charity’s mission.
Like I mentioned above they probably don't have enough people showing interest in donating in Bitcoin to actually pay for a coder to get this up and running.
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January 30, 2018, 01:07:14 AM
 #6

It would be good to setup crypto charity initiatives from the ground up, providing new ways to fund projects. However in the US at least there are a lot of regulations you'd have to jump through to do so. On the plus side though, a properly regulated crypto charity would help people feel assured that they're supporting a legitimate effort.
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January 30, 2018, 01:24:22 AM
 #7

There are several solutions for which charities can accept cryptocurrencies and (as well to convert them into fiats), perfect solutions for beginners.
But let's be honest, there's a very low interest from people in making a donation in cryptos, and so charities too.
coinpayments.net can be used to accept donations. last year i sent the coins i earned here with a twitter campaign

in the country we are running a 1-month campaign to accept 3 cryptos, it's for the Samu social. Not so much but every penny is good to take.
https://live.blockcypher.com/btc/address/3JhBHx9hXCKEqphp6hijkGf2oYKuXUhhyo/
https://live.blockcypher.com/ltc/address/Lad4aY6LtaGWRnrfa8qN35woyyMfTMc5rE/
https://etherscan.io/address/0x380fbCEFFfC210513f6f671c96Ac93E2610EfE16

I wanted to make something with twitter but oh well...Selfishness...Selfishness
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January 31, 2018, 12:19:17 PM
 #8

We need more of these, cause every good news about cryptos and the community around are good for all.
I thinked of a webmining charity site for example. People dont like spend own money, but if it is for free, they do it, just for the good feeling to help.
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February 19, 2018, 07:05:41 AM
 #9

But let's be honest, there's a very low interest from people in making a donation in cryptos, and so charities too.

I don't believe this to be the case, on the contrary the crypto community is one that is known for its spirit of giving.  From all the replies here, its clear there is a gap in the 'giving' space when it comes to crypto.
TucoRamirez (OP)
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February 23, 2018, 03:50:15 PM
Merited by malevolent (2), BenOnceAgain (1)
 #10

What if someone developed a so-called Charity token, where in every donor was rewarded with some tokens. Then we could find some use cases for these tokens (first thing that comes to mind is something similar to airline miles, or loyalty points) which can be redeemed with various partner organizations. Does anyone think something like this has any potential?
TucoRamirez (OP)
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February 28, 2018, 05:57:02 AM
 #11

While we keep having new and more ludicrous so called "charity" projects springing up (https://bcharity.io/),  there is a genuine need for organizations that bridge the gap between charity and crypto.

Gleb Gamow
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June 12, 2018, 05:18:20 AM
 #12

I'll give you three guesses, the first two don't count, as to who founded the very first crypto charity - Bitcoin 100.
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