Cryptocurrencies and charity: the case of EDC Blockchain
Thanks to the development of cryptocurrencies, people can use it for payments in different places. There is a wide list of products and services that can be bought with the help of this digital kind of money: from food and clothes to the labour of other people. But the usage of cryptocurrencies spread into different fields of human life, not only buying needful things.
One of the fields where cryptocurrencies and blockchain can be really useful is charity. The usage of new technologies can solve some problems in this field, and many organizations started to take advantages of them. Let’s consider the advantages of the usage of cryptocurrencies and blockchain in charity and look at some examples.
The advantages of cryptocurrencies for charity organizations
Some characteristics of blockchain and cryptocurrencies let them be really useful in the field of charity. For example, not all people trust charity organizations, because they don’t understand clearly the way of money from their wallets to the destination which represents a concrete person or organization that needs help. With the help of using blockchain, the procedure of gathering and saving up money for a certain goal will be clearer, and people will be able to track their money and the way it’s used.
With the help of using cryptocurrencies, transactions in charity become faster and securer. This technology also helps to make the procedure of gathering donates cheaper in comparison with using classical money.
Such advantages can be used for explanation why charity organizations started to apply blockchain and cryptocurrencies. There are UNICEF, Red Cross, Save the Children, Watsi, TunaPanda and many other projects among them. In 2018, IBM even sponsored a contest for blockchain platforms which can be applied for gathering charitable donations. This example illustrates the attention to this way of using blockchain in a modern world.
EDC Blockchain: a case of using blockchain in charity
EDC Blockchain is a global platform where users can take advantage of different ready-made blockchain solutions for business. It can be got to know on the official website of the project: https://blockchain.mn/home/. This platform exists since 2015. Nowadays this project gives an opportunity people to take part in charity project.
Recently EDC Blockchain have launched a project to help children from orphanages, people with disabilities and other categories of population who have to face difficult circumstances in their lives. This charity project is opened for members of the bounty campaign where people can earn creating different kinds of content for EDC Blockchain. Here you can get to know more about this campaign: https://bitcointalk.org/index.php?topic=5143895
The members of the bounty campaign can take part in charity project if they have been rewarded at least once throughout campaign. In order to help people in need, EDC Blockchain created a special account which is named “promo-edcblockchain”. All necessary steps for taking part in charity project are:
- Write “partners1545” while leasing (this service is available here: https://blockchain.mn/leasing/) in the Partner Account field or create new account here: https://ecrofund.com/?ref=partners1545.
- Take a screenshot after sending coins.
- Send this screenshot with the name of your EDC wallet to @trugad on Telegram.
As an expression of gratitude, participants of charity project can receive a special bonus from EDC Blockchain, equivalent to 20% of the invested coins. In order to get this bonus, you need to invest the sum that won’t be more than your total reward that you received for the whole bounty campaign.
The opportunities of EDC Blockchain for charity projects
EDC Blockchain can give charity projects different opportunities for their activity. The wallet of EDC Blockchain can be used for gathering donations in EDC coins. The 2.0 Graphene technology provides fast transactions and low commissions. People who want to stay unknown can use the opportunities of anonymous transactions module while donating. In order to use it, you need to choose “anonymous transaction” while sending coins. You can register account in this wallet here: https://wallet.blockchain.mn/
Coin constructor of EDC Blockchain can help to create your own cryptocurrency in order to gather donations in such money. This constructor simplifies the creation of digital money. You can choose an appropriate solution for your project: from simple set of characteristics to really wide list of features that match a serious organization. You can know it better and use it here: https://blockchain.mn/coin-constructor/
Links to the pages of EDC Blockchain:
Website: https://blockchain.mn/
Telegram: https://t.me/EDCBlockchain
Twitter: https://twitter.com/EDCBlockchain
Facebook: https://www.facebook.com/EDCBlockchain/
Instagram: https://www.instagram.com/EDC.Blockchain/
Youtube: https://www.youtube.com/channel/UCdkt4HSObcdnSU4CrqZqgig
Reddit: https://www.reddit.com/user/EDC-Blockchain/
The author of this article on BitcoinTalk: thlayli (https://bitcointalk.org/index.php?action=profile;u=2637842)
