Post
Topic
Board Announcements (Altcoins)
Re: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes)
by
bible_pay
on 21/10/2021, 12:24:23 UTC

I’m not sure if this has been asked before ahd 840 pages is a lot to go through, but is there a credible third party that will verify funds are spent on orphans and what % of total donation will go to that.  Thanks.


V

We aim to spend 10% on efficient orphan-charity over the long term, but due to our depressed price we've been spending over 25% (due to sanctuary economics).

But anyway yes we do have a credible third party:
- All sanctuaries must sponsor one orphan through cameroon-one
- The sanctuary public key becomes the sponsored orphan bio page
Here is one of my sanctuaries so you can see how this works:
https://biblepay.cameroonone.org/bios/8bdf824b.htm
(This proves that the orphan is in good standing).
They are integrated with us, so our sanctuary reward stops if they stop paying for the child.

- Any orphan can be checked on by emailing : Todd Finklestone <todd.justin@cameroonone.org>

This is our primary charity.  We also have some other smaller projects we pay for through governance, like new water wells:
http://foundation.biblepay.org/Wells