Why did u decide that people that donate their money will come to cryptoeconomics? It seems to me that theyre doing their good deeds even without cryptoeconomy and theres nothing to change.
Modern charity area has a range of problems. The use of blockchain allows to solve them fast and easy and improve this area!
I have never heard that therere problems in this area
Perhaps you havent heard because you arent a participant of this area. All in all, the main problem is absence of ordinary peoples trust to the charity originations. The reason is that some charity organizations turn out to be scammers.
Yep, the problem is really wide spread. But how will Check solve it?
The solution is obvious: blockchain will make the accountancy of all the charity organizations transparent. In case of centralized organizations its impossible. Blockchain opens new opportunities for this area.
What will it give? Will it really improve the reputation if the charity organizations?
This conversation is actually nice.
Gaining insights on how Chek might address issues.
But the question is - will they really solve those issues?
And with this kind of project, I just really hope that they will not use charity purposes as a front in any kind of self gain. But, I doubt that will happen.
Hi TimeTeller,
Please allow me to answer your questions and remove any doubts.
> But the question is - will they really solve those issues?
We're not just planning; we're doing it already
As I wrote in the reply above, to Sergiose, we have launched Charity Blockchain Association and lining up the foundations that wish to upload their financial activities into blockchain.
Another week I laugh when my brother bought batteries that he purchased in a small mom N pop store because he did not need them at all, but the seller was too insistent, and he said the portion of funds from a sale would go to charities. So, I guess, since my brother is also working on One+1, he decides to participate in charity himself

I thought it was BS, but how would I know for sure if it is a legit donation? When we know someone personally we feel a certain level of trust towards a person based on the relationship history that helps us to decide whether to take a deal or not. This is why the personal relationships in the society are so important.
But if we don't know the person, how can we decide? The traditional approach in society for thousands of years is through a middlemen. There has to be an authoritative figure or organization that everyone trust. This what banks, notaries, governments, etc. are for. So, if I wanted to check whether there will be a donation from a battery sale, I could have request agreements or any other proof from the seller. Who would want to bother with this everytime you want to help? And then how would I be certain that the money was actually donated? Only by auditing the accounting books next month. But this is just a time waste and pain in...

So, here is where the [Suspicious link removed]es in. The champion of trust. It brings trust in an enviroment where parties don't trust each other and do not require an expensive intermediary (who often get corrupted when seizing a power

).
Sorry for the lyrical deviation, let's get back to how One+1 solves the trust.
Our technology does similar stuff that others are doing in other industries like tracking individual items (beef imports, goods, cars, parts, etc.) - it allows to track individual donations.
In the same situation with the batteries, the seller would have asked my brother for his Donator ID or offer to register in a One+1 global loyalty program and get one. My brother would see a donation in his account and would have received the status update and reports from the charity foundation.
We're developing various tools to engage donators with the charity via mobile app, chatbots, email, text messages.
On top of that, for each donation, the donator and charitable foundation will get Chek as a reward, which is a good incentive for the loyalty program for the businesses as well as a way to attract more money into charity sphere.
> And with this kind of project, I just really hope that they will not use charity purposes as a front in any kind of self gain. But, I doubt that will happen.
Our long-term aim is to decentralize. We just want to build infrastructure for Charity 2.0, step down and be part of DAO like everyone else. Thanks for your trust!