The plan in the white paper is one thing and execution the other. I would like to see a known organization come forward and confirm that you are serious about this. You are not the first project with a sound white paper asking for money to launch a philanthropic network. This is not against you. Experience just isn't the best when people claim to dedicate themselves to good causes.

We can't prevent or anticipate people's intention. We think that most donors and philanthropists don't like to mix profits with donations, as it takes away the altruistic motive. However if one wants to enjoy both worlds, we aren't here to judge or prevent it.

Please check:

https://docs.google.com/forms/d/e/1FAIpQLSdCjV5LTqVvEMwIcM40BvhCGtlAdPmzVepnMC1jp5B6cOiFcA/viewform

and

Bounty at: https://bitcointalk.org/index.php?topic=4580626.0

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.

 

Yes, people who have the same ideas about who to help will pull their weight towards that ideas, either automatically by the DAO, or by introducing new ideas to the collective of the members and asking them to participate in a specific cause or charity.

The Pre sale has a basic KYC, no need to upload IDs, but still need to provide contact details.

Please join us now and enjoy the 50% discount of the pre-sale while it lasts.

https://www.philanthor.com

Very well-said. That's why I'm too hesitant with projects like this - charity, philanthropic movement...Because most of the time, they just want to raise money for themselves. Why not provide us proofs first that you can deliver such mission? If you are really philanthropists, you don't need huge money to start with.

I think you should focus on some very specific causes in order to get the word out and show that you can make an impact. If you just distribute your tokens and call yourself a philanthropic project people may not believe you. I think you should focus on something to get started and demonstrate how it could work.

That's a good point. More than that - this is exactly the point of what we are doing: to allow anyone to become a real philanthropist not only the rich and famous (many of them doing it as a way of saving taxes on their investments and personal assets).

We have pre-allocated about 60% of all the token supply to give away for philanthropy, and another 50% of all the proceeds of the token sale for donations. The whole model is described in the white paper here: https://www.philanthor.com/assets/whitepaper.pdf

Blockchain makes this much more transparent than any traditional foundation in the world today, which aren't accountable to any of their donors. Blockchain solve a lot of trust issues: transparency, traceability and accountability. So if one is ok with donating to any traditional foundation or charity, one should be more than happy with donating to a foundation that is running on a transparent open ledger.

Thanks for your support!

Philanthropy is a bit different than charity; not all types of charity are philanthropy, or vice versa, (though there is an overlap). The main difference is that charity aims to relieve the pain of a particular social problem, whereas philanthropy attempts to address the root cause of the problem. An example is the difference between sending pain killers to malaria patients which is charity, versus educating the public in affected areas or supporting medical research teams in finding a cure for malaria, which are philanthropy.

We have set aside 10% of our future donations to Charity, but the majority will go into finding long term sustainable solutions to the problems.