US Market = Benchmark
While there are no concrete statistics regarding total charitable giving/donations on a global scale, we can reference available information and make growth projections based on the US market.
In 2017 Total US Charitable Donations = $ 390B
There are approx. 1.5M Non-Profit Organizations registered within the US.
Charity based Crypto-Donations within the US processed through Fidelity Investments Only
2016 — $ 7,000,0000 USD
2017 — $ 70,000,000 USD
*10X Growth *Transaction value of crypto-currency based donations (Bitcoin and alternative coins) *Fidelity Investments is a multinational financial services corporation based in Boston, Massachusetts.
The ability to accept cryptocurrency donations allowed cryptocurrency holders to take advantage of the surge in appreciation to benefit charity. By donating these assets, the donors could eliminate the significant capital gains taxes on the appreciation while giving the full fair market value to charity
Total US Donations — Crypto-Donations vs Fiat — 0.018%
Available space to grow compared to FIAT = 5,500 X
Market Penetration (Adoption) Rate:
Taking into account user adoption of platform (BCharity) based on adoption rate of the average social media platform adoption of 11%. We take a (worst case) pessimistic outlook of 0.01% in 1st year.
US Market — Worst Case Growth Projections = 0.01%
Total Expected Donation Value happening on the BCharity Platform (US Market) — per Year.
US Market — Likely Growth Projections = 0.018%
Total Expected Donation Value happening on the BCharity Platform (US Market) — per Year.
Likely — Market Penetration 0.018% & Growth Rate of 1.5X — Projected US Market Revenue
US Market — Best Case Growth Projections = 0.05%
Total Expected Donation Value happening on the BCharity Platform (US Market) — per Year.
Best Case — Market Penetration 0.05% & Growth Rate of 1.5X — Projected US Market Revenue
Hey, just wanted to let you know I gave you an upvote because I appreciate your content! =D See you around
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