Charity is an altruistic quality of man and it is as old as man itself. Man was said to be conceived of love and sharing love has remained a way of life since time immemorial. Charity represents kindness and hope. It is a way of extending help to those in need and it aims to give life, improve life, and better the society.
However, like every other aspects of life, charity is faced with various complications which emanates from political, social and cultural differences.
ABOUT BCHARITY
BCharity is an international charity exchange that brings together individuals, funds and organizations from across the globe, providing an opportunity to help
people in need. Bcharity aims to create an ecosystem using the blockchain technology which will connect the needy to its supplies without difficulties.
By utilizing blockchain technology and cryptocurrency, BCharity will transform traditional systems and methods of charity, by removing unnecessary barriers,
intermediaries and regulations that decrease the effectiveness of charitable activity and charitable organizations, while evolving global charity to a qualitative new level.
According to dailydisclosure.com, most charity organisations allocate over 70% of the budget to their pocket. It also stated that less than $1 million out of the $98 million that the Cancer Fund of America raised in the last decade wound up as cash aid for cancer patients. Every year, Melinda and Bill Gates foundation releases aid in millions of dollars to Africa yet there's no substantial positive effect of these charities on human development.
This negative norm has created an upsurge in the number of charity organisations created yearly in Africa and developing nations as its is seen as the quickest way to self enrichment by individuals but gratefully, Bcharity will disrupt this traditional form of charity and truly improve life.
BCHARITY SOLUTION TO THREE PECULIAR PROBLEMS OF CHARITY
BCharity is a social enterprise with a diversified team of industry experts. It leverages on available technology to unite the global eco-system of charity. By establishing an international exchange that combines blockchain technology effectively addresses lack of an international platform that would provide an opportunity to gather and connect those in need and philanthropists from around the world irrespective of geographic location.
Bcharity accepts two languages for fund and donation request. One will be a language indigenous to the needy and in English which is the most widely accepted language globally. This solves the language barrier problem international charity is the language barrier.
Lack of confidence within the existing charity eco-system and the uncertainty that charitable donations will be effectively utilized and help to
achieve real results has become a very big problem whitch-hunting the efforts of charity especially in Africa and developing Nations.
The BCharity team will bring charity to a new level and give it greater importance. It is a novel project which has broken the barrier between charity and the cryptocurrency market.
Using blockchain peer-to-peer technology, BCharity will remove barriers and intermediaries and everyone will have the opportunity to monitor the flow of funds and ensure the effectiveness of the funds released. This will instill trust and confidence within the eco-system
BCHARITY TOKEN(CHAR)
The BCharity Token is a utility token that follows the deflation model and has the Ethereum ERC20 standard.
You can purchase CHAR tokens with the following cryptocurrencies: Bitcoin, Bitcoin Сlassic,
Ethereum, DASH, Litecoin, ZCash, Ripple, Monero
At the end of the main phase of the token sale, all participants will receive the ERC20 BCharity Token through the Ethereum network in proportion to the amount contributed during the crowdsale.
In the case that after all stages of the token sale, the minimum required amount of
funds (SoftCap) was not collected, deposits, which were collect on Main Sale will
be returned in full. The refund will be in the specific currency that was used to
purchase the tokens and will be returned to the wallets of which the initial
contribution was made – which must be indicated in the personal account.
Number of tokens:
The emission of BCharity Token occurs once. The number of tokens issued will be 100,000,000 CHAR. The additional issue of tokens is not carried out. After the completion of all crowdsales stages; the remaining tokens that were not sold will be destroyed.
In Conclusion, through BCharity exchange network, donators and aid providers or aid organisations can directly connect with individuals that need aid by accessing the platform and the needy can also withdraw these funds by accessing their ethereum wallet.
From all indices, BCharity will soon become the mainstream currency for giving and receiving aid across the globe as it solves the major problems facing charity.
Some relevant links on the article are below;
Visit the webiste: https://bcharity.io
Join the Telegram channel: https://t.me/bcharity
Join the Telegram chat: https://t.me/bcharity_chat
Follow on Twitter: https://twitter.com/bcharity_io
Subscribe to Facebook: https://www.facebook.com/bcharity.io
Authors email: chudidonas@gmail.com