The Bcharity brings out a unique idea with the help of blockchain. Bcharity combines the humanity with the blockchain. The traditional way lack the transparency as well as isn't able to help everyone who is seeking for it out there.
During the natural calamities or other destruction, it's the most difficult time to help the people. Especially with the funds either the banks, aren't able to help the people or ample time the banks to get washed up in the calamities which cause huge havoc for the victims to seek help or to bring the life back on the track.
To avoid such problems, Bcharity is the most reliable platform. Being a blockchain based platform, it gives full security & transparency to the funds which are being donated to the people. The donated money is directly sent to the account at the receivers account within few seconds whereas it takes more time in fiat currency as well as they need a lot of requirements which are needed to be fulfilled before sending the money.
This will not only help the people but will open the doors for cryptocurrency market. As currently, the crypto market is quite underrated & people have very less knowledge about the cryptocurrency. In January 2018, the value of cryptocurrency cost estimated 700 billion dollars whereas in December 2017 the market cost 500 billion dollars. It is predicted that at the end of 2018 the cryptocurrency market will be at 2 trillion dollars.
The Bcharity will establish itself as the leading crypt currency market by the following methods:-
1.The platform wants to Establish a cryptocurrency-based exchange to facilitate the purchase of the Bcharity Token via Fiat or cryptocurrency.
2.The social network platform will be used to attract the philanthropist so that the story of the needy people can reach out there to everyone & can help them faster.
The Donation can be received in the following way:-
1st way,
Those Bcharity users who represent the individual, organization or any charitable funds will be able to withdraw the money from their Bcharity account which is transferred into the account. The withdrawals of the funds from the platform will be made into the Ethereum wallet, which is able to accept the Ethereum token. The Ethereum tokens are the ERC 20 tokens. Using this platform the individual will be able to convert their cryptocurrency in the fiat currency.
2nd way,
Those organization, individuals, or charitable funds have a charity but aren't able to transact the funds using the crypto can process for a withdrawal request. A special form for such users will be created, by creating a document for "Request to transfer." The allocated donation will be transferred to the respective account of the receiver through the verified bank account.
The further process will require the need of the bank, where one has to file the request for withdrawals of funds stating the reason. Might have to perform a manual request. As the request is processed the specified number of tokens will be written off from the built-in Ethereum wallet. The sale of the Ethereum token with the current market rate of the token. The withdrawal will be done from the Bcharity account to the bank account.
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Overall Allocation % of Funds
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For More Information Visit :
Website : https://bcharity.io/
Whitepaper: https://bcharity.io/main/static/WhitePaper_en.pdf
Telegram : https://t.me/bcharity
Facebook : https://www.facebook.com/bcharity.io/
Twitter : https://twitter.com/bcharity_io
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Bitcointalk profile url : https://bitcointalk.org/index.php?action=profile;u=1230529
very interesting ICO.very happy to be part of it
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