A 2-in-1 platform for making & tracking charitable donations - Giftcoin

”Charity is an exercise, a training, a discipline of shaping our character to become less of 'me', but more of 'us', as the community. Charity means giving something to those in needs without expectation or wanting something back in return”- Willy Tan.

What is Charity? A Charity is basically an organization set up to provide financial support for various reasons like education, health etc. To put it simply, charity is nothing but to give to others that which belong to you. It is one of the noblest tasks that a man can do in his life. For some people, the true meaning of life is the joy of giving. What are the benefits of donating to a charity? See below.

Improve Life Satisfaction: People who give more to others in terms of time and resources both experience greater satisfaction in life.

Feel Happier: People who give to others tend to feel joy and contentment
Reduce Rates of Stress: The improved happiness and health of people who volunteer and make charitable contributions are likely linked to reduced rates of stress, as well.

Tax Benefits: Almost majority of the countries provide income tax benefits to those individuals who are making donations to charitable organizations. All the charitable money donations are eligible for 50% to 100% deductions on the taxable income.

Promote Generosity in Your Children: When your children see you doing charity and good deeds they get inspire in their life and they will likely to adopt the same mindset.
Bring More Meaning to Your Life: When you are donating money to charity you can meet new people and learn about the challenges that they have overcome in their lives which will help you to increase your self-confidence. You can also meet like-minded people, develop a friendship with them and work together towards a common goal.

So, it is clearly understood that donating to charity has a lot of benefits. But the first question most of the people get whenever they think of making a donation is “How to know if the donation is used for the cause?”. Good question. Currently, there is no way to track your donation as the charity organizations function like a one-way road and some organizations are utilizing the money towards their own development. So, it is becoming difficult to find out whether the organization can be trusted or not.

To overcome this limitation and to improve the transparency and trust of charitable trusts/organizations, the company Giftcoin limited is developing a dedicated platform for making donations to charities. As the platform will be using the smart contracts for making donations, the donors can track their donations easily which in turn will motivate them to increase their contribution. Unlike the traditional platforms which take some percentage of the donation as their processing fees, Giftcoin sends the full donation amount towards the cause without taking any kind of fee. Check out the official whitepaper of Giftcoin https://www.giftcoin.org/GiftCoin_Whitepaper_v1_3.pdf to learn more information about its interesting features.

Because the Giftcoin platform uses the concept of smart contracts for sending and tracking the donations, the only way to access the platform is Giftcoin token. These tokens will be available for sale during the initial token sale of the company. Kindly visit https://www.giftcoin.org/ to know more information about the pricing, availability, and sale of Giftcoins.