How does this Philanthor plan on harnessing a collective intelligence? now the little people can become a philantropist!! Decentralizing a good deed!
People have ideas, and moral values. These are not necessarily reflected in today's world, where decisions are taken based on political views, and capital interests. This is where philanthropy foundations come into place and fill the gap. You can see the work of Gates Foundation for example. They come in and help in areas where governments or financial corporations do not participate enough. We are the same, the only difference is that we want to run it based on the collective intelligence of our members. We like to hear what you are interested to fix in the world, what illnesses, gender inequalities, etc... and act based on those inputs from the members.
https://www.philanthor.comThere is a huge problem with starting a philanthropy foundation out of nowhere for a reason. You mention Bill Gates, but trust has never been an issue since he used his own money and was the richest man in the world when he got started. It's very different when a few guys launch a thread and want to collect investor money to do the same. How much are you putting up to get the fund going? I am not saying your intentions are bad, but there are dozens and dozens of trust issues with this approach.
That's a good point. More than that - this is exactly the point of what we are doing: to allow anyone to become a real philanthropist not only the rich and famous (many of them doing it as a way of saving taxes on their investments and personal assets).
We have pre-allocated about 60% of all the token supply to give away for philanthropy, and another 50% of all the proceeds of the token sale for donations. The whole model is described in the white paper here:
https://www.philanthor.com/assets/whitepaper.pdfBlockchain makes this much more transparent than any traditional foundation in the world today, which aren't accountable to any of their donors. Blockchain solve a lot of trust issues: transparency, traceability and accountability. So if one is ok with donating to any traditional foundation or charity, one should be more than happy with donating to a foundation that is running on a transparent open ledger.