Quote from: o48o on July 09, 2019, 01:33:29 PM

Quote from: CORS1ER on July 08, 2019, 11:14:19 PM

Quote from: o48o on July 08, 2019, 08:20:11 PM

So basically this is charity, and the revenue for your donations comes from people buying the tokens? Why wouldn't people just donate directly to charity of their choosing? why is the PoW needed and you as a middle man?

Donations from the project come directly from masternodes held by the core team and funds stored in a multi sig.

We aim to have online tree planting programs accept Genix as a payment option as well.

A lot of places that accept fiat ask for personal information such as name, address etc. This allows people to donate anonymously who otherwise would not.

PoW will be required for our platform which is in development, allowing volunteers who work on these projects on the ground to earn Genix while they work.

Yeah, i was not talking about where your donations come from but where does your revenue comes.
"Earning" Genix sounds pretty counterproductive as i would basically be using the potential charity revenues when selling them.
Also, there are already ways to donate anonymously and i wasn't talking about just fiat-money donations.
I just really don't see any reason for this chain to exist, why wouldn't you just accept donations instead? But please if i have missed something, try to change my view on this.

The chain exists because we needed a a way to reward people for participating in our network we are at the initial stages of creating a decentralized autonomous organization thanks to Dash's budget system.