I love this comment! This is exactly the mindset we are hoping for -- so many people see blockchain and crypto just as a way to make a quick profit and there's nothing wrong with that, except it is too narrow.

We are trying to take a broader vision, one where blockchain technology can be harnessed for social good. People *are* good. They want to do good, philanthropy is nothing new. It's the use of blockchain to make philanthropy efficient, transparent and accessible to everyone that makes this project special.

I personally would love to see more blockchain projects that have social good at their core.

Thank you borezara! please consider becoming a member of our community and participating in the 50% bonus pre-sale event https://www.philanthor.com

As @Philanthor mentioned, The KYC is basic even now at the pre-sale. You are not required or requested to upload identifying documents or selfies to buy PTH tokens.

For obvious reasons - stricter KYC requirements will be enforced when Philanthor validates requests for philanthropic fund disbursement (e.g. requests for grants or scholarships) to minimize/prevent fraud.

We are very confident that it will succeed. We are already seeing the community/movement aspect of things start to happen -- you don't need to look much further than the positive comments and support in this very thread (but check out the vibrant discussion on our twitter feed, telegram etc. too!).

Bootstrapping this idea will obviously require some money (but not as much as you'd think... our team has a track record of building robust systems on surprisingly low budgets). The team has been putting in their own money and volunteering their time working on this project for a long time before this initial token sale started. We are sure that our community will help us make this a reality by buying some tokens.

Reading all the positive messages on this thread is very heart warming! It is great to see that a public discussion in a bitcoin forum can be about vision, about social good and about community building.

Our community is steadily growing, more members are joining every day. Have you joined Philanthor? Have you participated in our token sale?

Don't wait >>> https://www.philanthor.com <<<

Thank you sansogi!

Please consider joining our growing community at https://www.philanthor.com, sign up as a member to access the token sale and show your support by buying some tokens.

That's great news! 8.6/10 is very respectable (not to mention the 5/5 rating Philanthor got from ICOTrack here: https://www.trackico.io/ico/philanthor/ )

Thank you for your kind words, please consider joining as a member and buying the token to help us take this idea (and the work we have already done) and make it reality. We (that includes you!) can make real positive change.

Token pre-sale with 50% bonus is already on! show your support by joining and donating at https://www.philanthor.com

Thank you @squrpan for the vote of confidence, we are putting all our efforts behind this project.

Thanks @Mulricousvi! we sure hope Philanthor succeeds and shows the world that the power of blockchain can be used not just for a quick profit, but also for doing social good in an unparalleled transparent, efficient and democratic way

Nice video intro

The team is very committed to the cause, we believe we can have a real impact for social good and at the same time show the world that blockchain/crypto is not only about speculation and money laundering.

Thank you for your kind words, we are excited to be embarking on this journey, I am sure the team will show lots of innovation. We *will* succeed in revolutionizing philanthropy and we *will* make it something everyone can actively take part in.

@tippytoes, I fully understand your concerns and we are certainly aware that we are not the first attempt to link philanthropy and charity with a blockchain project. Obviously I cannot assure you that we will not fail, but I can share with you what makes me personally believe in this project and invest my time and effort in it.

The reason I have faith that Philanthor is not a facade using philanthropy/charity as a pretense to raise money for other reasons (from outright scam to "just a trading business") is that our team has already extensively engaged with leaders of charities and philanthropic causes. We presented our ideas and roadmap to them and not only received their blessing and their wise advice but a significant number of them liked what they heard so much that they took the next step and actively joined us to take part in the project as advisers. Too many of the pretend-philanthropy projects raised a huge red-flag for me because it was clear that they are much more concerned with getting people to donate than with the intended recipients of these donations!

Please take a look at our list of advisory board members at https://www.philanthor.com/#section-team. You will find among them leaders of charity organizations as well as industry leaders in fields that tie in to many of the philanthropic causes we plan to support such as health, clean energy, water, agriculture, pharmaceuticals and more. I have not seen any blockchain philanthropy projects to this day that did this kind of extensive footwork on the receiving end of the aid (and we are just getting started!)

Besides the credibility these advisers bring to our project, we expect them to become an invaluable resource to the foundation both in establishing relations for distributing the foundation's funds where they can achieve the highest social impact but also as means to engage in other parts of the same industries and open up additional fund sources (e.g. tapping into CSR programs).

Thank you for raising this important question!

Thank you @mkofi for your kind words, the team really is great. I feel honored (and humbled) to be working with these people. If anyone can make this vision materialize it's this team.

As a previous reply mentions, we plan to initially use PTH as a voting token and as a way to nominate support-worthy causes. But voting only scratches the surface of what's possible! We have a few additional creative ideas for how to use the token and blockchain to build a community that can make these decisions as one big hive-mind.

Let me ask you (anyone, really...) how would you like to see a true democratized philanthropic foundation function? What would make you feel that you have real control over the distribution of funds?

Thanks for the interest! We plan to use the funds raised from the community to achieve the goals you mentioned through a philanthropy foundation running transparently over block chain. I encourage you to learn more about it, read our white paper and join our cause at https://www.philanthor.com

With so many people posting doom-and-gloom questions/stories lately about how Bitcoin is falling and how they lost 40+% of their in investment since December 2017 - how about some cheerful stories for a change?

Tell us your bitcoin profit story! Get a chance to brag a little, we won't mind 

The market just naturally fluctuates, the crazy peak around December '17 was driven by a bit of a media frenzy and by a lot of people wanting "in" on what appeared to be an endless rise. BTC's current level has been fairly steady for a few months now (hey, it's still a crypto currency - if 10% volatility scares you, buy gold instead...) and I see no reason to pull out now.