Quote from: Hashbender on August 05, 2014, 12:30:04 PM

Quote from: DarkhorseofNxt on August 05, 2014, 05:04:08 AM

I will furnish with the details of how many coins has been distributed from the 50% allocation. This gives me an idea from Kora's reply on charity. How about allocate 1% of the total balance alloacation to this purpose. Someone from the community will helping me on how to do this, properly. If this is okay, i will remove the charity from the power bounty allocation. This makes more sense. We can make a fund account and anyone who wishes to top up to that account can do so. Also helps with the distribution imo.

Be careful, DarkHorse. If there's one lesson Dogecoin has taught us, is to not lend money to people who need to cash out immediately. Donating to charity is a good idea, but let's wait until ORA has spread a little more, just in case. Otherwise, it will crash the price for a moment and everyone will complain about the devs, etc etc fud cycle, repeat again, again and again. First, let's wait for a product, more people to catch attention to ORA, and then you can give ORA to charities with less risk. Let's say, reserve that 1%, but don't give them away now.

I've posted a similar comment in the ORA bounty thread https://bitcointalk.org/index.php?topic=718077.msg8184008#msg8184008. As discussed with DarkhorseofNxt, we will define the best way to handle charity and get back to the community. I'm open to all suggestion, but I can already tell you that will make sure that the ORA given to charities will not be dump in any fashion that can hurt this coin.

Thanks