** Cameroon Integration Testing this week **
Note: Cameroon one is planning on releasing the code on their end to prod this week so we can go live soon with POOM.
POOM means you can sponsor an orphan at home personally with Cameroon using fiat or BBP for the monthly expense, referencing the BiblePay Orphan ID (in POOM).
This will then lock your orphan in providing you with rewards from the GSC Cameroon-One campaign (in BBP!)
Note: I will need to set up a temporary campaign in Prod for integration testing only this week. I will be setting up a very small version of Cameroon-One (with 1% of the normal rewards). This is just to ensure things are working properly. Please realize the rewards I receive for this test are actually based on real orphans that I sponsored with real money over 30 days ago (with Anna in Global Giving).
Starting later this month when we switch to the real Cameroon One campaign, we will start over with the voted in budget (50% of the GSC budget).
Wow, that sounds awesome! Will the FIAT sponsoring system be available worldwide or will there be any restrictions on countries/credit card companies etc.?
Also, will the orphan expenses get an anually "donation receipt" or something like that to declare at the tax office?
On the Fiat question "Will the FIAT sponsoring system be available worldwide or will there be any restrictions on countries/credit card companies etc.?
Also, will the orphan expenses get an anually "donation receipt" or something like that to declare at the tax office?":
1. Yes, the donations can be made worldwide, with a couple restrictions. A paper check can be mailed to Cameroon from anywhere as long as they can cash it (and it should have the POOM ID on the check or on the notes). They also accept debit and credit cards from Global Giving. They also accept Intl Paypal. Meaning the payment can be made with a credit card internationally (or with paypal balances). They believe for some reason paypal does not work in China though but it definitely works in Europe.
2. The donation is tax deductible, and you will receive a receipt from Cameroon for your own personal taxes.
3. They have something called "match" where a rich donor at global giving will match your donation, but I have been informed it wont work with POOM rewards, but, it will give you a free month of credit at Cameroon for the sake of the child - if you decide to want this Ill post more info on global givings match when we go live. Global Giving accepts credit cards also.
4. Cameroon recommends Paypal for setting up child payments, we have that info compiled in the wallet btw. When you type 'sponsorchild' it will come up when you decide to sponsor one.
5. So another benefit in POOM integration is it gives Fiat buyers an additional tax-deductible way to invest in BBP without going through an exchange; and it also decreases our monthly net sales pressure from coin emissions (as less rewards will be sold on the exchange for electricity/mining and instead be repaid for orphan expenses). Its also good in the sense that it increases our real world utility.