@tippytoes, I fully understand your concerns and we are certainly aware that we are not the first attempt to link philanthropy and charity with a blockchain project. Obviously I cannot assure you that we will not fail, but I can share with you what makes me personally believe in this project and invest my time and effort in it.

The reason I have faith that Philanthor is not a facade using philanthropy/charity as a pretense to raise money for other reasons (from outright scam to "just a trading business") is that our team has already extensively engaged with leaders of charities and philanthropic causes. We presented our ideas and roadmap to them and not only received their blessing and their wise advice but a significant number of them liked what they heard so much that they took the next step and actively joined us to take part in the project as advisers. Too many of the pretend-philanthropy projects raised a huge red-flag for me because it was clear that they are much more concerned with getting people to donate than with the intended recipients of these donations!

Please take a look at our list of advisory board members at https://www.philanthor.com/#section-team. You will find among them leaders of charity organizations as well as industry leaders in fields that tie in to many of the philanthropic causes we plan to support such as health, clean energy, water, agriculture, pharmaceuticals and more. I have not seen any blockchain philanthropy projects to this day that did this kind of extensive footwork on the receiving end of the aid (and we are just getting started!)

Besides the credibility these advisers bring to our project, we expect them to become an invaluable resource to the foundation both in establishing relations for distributing the foundation's funds where they can achieve the highest social impact but also as means to engage in other parts of the same industries and open up additional fund sources (e.g. tapping into CSR programs).

Thank you for raising this important question!