Many have venture in the field of philanthropy or charity already but up until now no known blockchain project has attain their mission. Have you heard a certain individual or institution that received help from blockchain project? Most of the time, it's only donations but not receiving aid thru this platform. So what is your edge to make this real and not fall in the trading business only?
Thanks that's a good question:
a. Over a considerable period of time we have done quiet a lot of research, and had a discussion with dozens of future recipients who are happy to work with us, either as donations, grants or scholarships or aid.
b. Our team was specifically chosen to cover a wide scope of philanthropy topics, such as agriculture/agri-tech, energy, biotech, health tech, education (and a few more). Each one of our team members in involved in more than a handful of projects that are eager to work with us, so we have a growing lineup of exciting projects.
c. Charity is only a small part of our scope (about 10% of the reserve fund) but we can see already various blockchain based charities, coins, or charities that accept crypto as donations. So we believe the trend will grow from here forward.
d. We have seen a few other projects in this space, some are truly inspiring, but most of them are focused on building a platform for charity fund raising. Our focus is on the actual philanthropy work, specifically building an AI based Hive mind, that not only raises funds, and takes advise from the token holders, but then spends the funds for social good. You can think of it as a 360° holistic true philanthropy work, rather than just the fund raising platform.
I hope that gives an answer, and we'll be happy to discuss more in details.
This is quite a good answer, actually. I am a bit skeptic about the possibilities of such a project, since many have already tried something in this area but nobody had success yet. However, as people say, there's always a first time... I guess this can succed only if the skills, vision and integrity of the team are at true levels of excellence.