Bcharity - Fully Transparent World Charity in One Place
The Blockchain is a rapidly growing technology that is engulfing every possible business domain. Therefore, many reports published have predicted a huge rise in the Blockchain market. According to reports, the Blockchain market is expected to extend to over 20 billion dollars by 2024. It is counted in one of the most promising new technologies that are hoped to change the future of businesses and the internet.
Fundamentally the rise in cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations. One such firm at the forefront of blockchain innovation is Bcharity
Bcharity is a decentralized and proficient charitable platform that provides the best, on-going benefit to the future success of humanity using blockchain technology.
BCharity is the first international charity exchange using blockchain technology to address modern issues ‘facing’ global human needs. BCharity will provide a system and method that would revolutionize global charity.
The project will be achieved using the blockchain technology because blockchain technology and cryptocurrencies have proven to be the fundamental technology shift for which humanity can create new solutions to modern and future challenges. In the future, this technology can be utilized for registering and monitoring charitable initiatives in real-time, which is very important for natural disasters and epidemic support/relief.
BCharity is a modern and unique international exchange charity, which is based on advanced technologies.
The blockchain technology and especially cryptocurrency bring huge potential for "unbreakable trust and fully transparent" donations. The blockchain makes it possible to instantly receive financial capital wherever it is needed and without intermediaries. The adoption of blockchain technology does not necessarily need to remove payment anonymity or donation history.
Cryptocurrency is unrelated to governments, banks, or other financial institutions and cannot be withdrawn or held during the transfer. It ensures that a recipient receives the payment. A transfer of the funds, with a minimum fee, will provide instant help to those in need anywhere in the world.
LARGE-SCALE AND AVAILABILITY
The international charity activity will provide bringing a local problem to the consideration of charitable foundations and organizations around the world. This will accelerate the process of fundraising and increase the chances to collect the necessary funds in time. Only officially registered organizations, verified according to the required package of documents, will have access to the platform for financial assistance and the ability to receive charitable donations.
Charity (giving) has been very impactful in the society and has raised a lot of fallen egos, tried to reduce the gap between the rich and the poor. Given hope to those tagged hopeless and somuch great things that can fill up this space. However there had been some challenges hitting this beautiful organisation and these are;
We lack an international platform that would provide an opportunity to gather and connect people in need and philanthropist around the world.
BCharity is effectively addressing this challenge by establishing an international exchange that combines blockchain technology. BCharity has a combined team of industry experts, who are utilizing the available technology to unite the global eco-system of charity.
Another case is the language barrier. This has restricted people in different countries or on different continents to share their story with a global audience and achieve the support from people who are ready to help.
BCharity will ensure that placement of requests for charity fundraising will be implemented in 2 languages: in a native language of people in need, and in English, the most widely accepted language globally. Bicharity will utilize “BCharity Translate” for those who cannot relate their messages in English. BCharity is also creating an interpreter’s department within its organization which is aimed at internally translating requests that have not been translated using a BCharity Translate
Another pressing issue is that some cities, regions or even countries do not have a charitable organization or access to fund. It becomes glaring that people who need help as regard fund on these locations cannot get it.
The BCharity exchange is leveraging its platform, brand and team to connect with the global activist community. People in need from any country or location, be it recognized or not, will be able to ask society for help, and are guaranteed fund.
The fourth issue has to do with the era of blockchain technology adoption which is yet to be utilized by charitable bodies and so, the gap between blockchain technology and the world of charity is still very large.
The BCharity team is taking charity to a new level and giving it greater importance. BCharity is the first to break the barrier between charity and the cryptocurrency market by adopting blockchain technology.
The fifth issue has been disturbing, which is the lack of trust within the charity eco-system, and people not believing that charitable donations will be well utilized and achieve a result. There had been cases of fraudulent organizations who convert charitable funds to themselves with little or no public disclosure of financial information and distribution.
BCharity is using blockchain technology which is a protected technology and naturally eliminates barriers and intermediaries, everyone will have the opportunity to monitor the flow of funds and ensure the largest impact possible. BCharity is indeed the best SOLUTION for development of charity.
The sixth challenge is a concern for small charitable funds and organizations whose interest is for those in need but do not have financial support or connections with notable personalities that can allow them to access the international market for benefactors. These issues put together has posed a big obstacle for those whose way of life is charity and helping people.
The BCharity platform has made it easy with the necessary connectivity so that all charitable organizations and funds will be able to connect to the exchange with minimal expense. The required condition for entering the international exchange is the provision of official documents that will confirm the legality and that the organization or fund is of importance and valid in a country / state / region / district / city and officially registered in the register of charitable organizations.
BCHARITY TOKEN (CHAR) AND TOKEN SALE
BCharity token CHAR is an ERC20 token built on Ethereum blockchain. CHAR is a utility token with the total supply of 100,000,000.
After the token sale and the Softcap were not reached, deposits collected during the Main Sale will be refunded. The refund will be in relation to the currency used during purchase and will be sent to the wallet address specified in the personal account.
Furthermore, if the crowdsales was completed, the remaining tokens that were not sold will be destroyed.
The BCharity token will be priced at 0.35 CHAR per token. The Private sale begins on March 1, 2018, to 30 March 2018 with a target of 4 million CHAR. On sales made from April 1 to April 30, 2018, BCharity wants to achieve sales targets of 8 million CHAR. This number is doubled when compared to stage I presale. This stage will determine whether BCharity can continue it's business or not. If not, then BCharity must return all the money already invested to its users. The soft cap of the presale is 5 million dollars.
The main sale will only be done when presale sales can meet the soft cap target. The hard cap is $ 35 million; this is a very big number. This target may be difficult to achieve when ETH declines. The token will be priced at $ 1 per token. The main sale will be held on 1 to 30 June 2018.
DISTRIBUTION OF FUNDS
For more information, please visit the links below;
ANN Thread: https://bitcointalk.org/index.php?topic=3217954
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409