I'm curious how the value would fluctuate. According to the article it would be initially pegged to the Kenyan schilling. If more money is sent in, would that raise the value or not?
The main thing we need for charities is transparency. Too many charities have gone rogue and only using something like 5% of donations for their main cause. Blockchain and smart contracts could provide new ways for transparency which could benefit charities and repair their image.
I guess this is one way this would be beneficial. Several charities can accept donations using this crypto and it would be easy for the public to see how much they really are getting. Of course the transparency could stop once they cash out. Maybe prevent the charities from cashing out, like if they receive these coins, they have to use them as is?