RE: Real world usage of Gridcoin? Donate in GRC, buy products/services, trade, ...

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Real world usage of Gridcoin? Donate in GRC, buy products/services, trade, ...

in gridcoin •  7 years ago 

I would like to see a cryptocurrency donation site similar to the one Pinkcoin have created for the relief for Irma victims but instead of donating to charity have the funds automatically rained on the researchers doing scientific research.

Also, maybe have a portion of the rained funds donated to the projects themselves.

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I think PoR fund is already raining on the researchers - as computing power.

Fundamental question - where the value of these rains will come from?

It would come from other cryptocurrency and it would make the price of GRC go up because of the buy pressure. What's wrong with having more compensation from donations? If the marketing message is right and people are willing to rain then what is the harm?

I'm not really criticising your idea :) I see no harm if it would be based on donations. Might not be that difficult to set up.