7 Reasons Nonprofit And Charitable Organizations Should Jump On The Nasgo Blockchain

7 Reasons Nonprofit And Charitable Organizations Should Jump On The Nasgo Blockchain

It seems that every year, near the holidays, we start hearing and seeing donation campaigns for nonprofits and charitable organizations. And with so many, how do we choose who to donate money to?

Many people begin to look at statements and reviews online. Many of these are so negative that the a large percentage of the human population has lost trust in nonprofits and charities.

There has to be a way to give people a reason to give; a reason to help the unfortunate who need clothing, food, water or a roof over their head to get out of the elements.

A vast amount of people want to help, but they have a desire to know the money they are donating is being used properly and it seems that, in many cases, it isn’t. But truth be told, you cannot believe everything you see on the internet.

I have watched as good businesses have been destroyed because a past enemy or a competitor uses an unscrupulous attack by posting false negative reviews. The same can happen to nonprofit and charitable organizations.

The Nasgo Blockchain Can Change That…

Here are 7 reasons nonprofit and charitable organizations should jump on the Nasgo blockchain.

Nonprofit And Charitable Organizations Should Jump On The Nasgo Blockchain Reason #1: No Borders

One of the primary concerns with organizations helping in Middle Eastern and African countries is wondering if the money or goods are actually reaching the people who need them. Yes, the nonprofit or charity is honest and trustworthy, but suddenly we discover that some person or persons within that country intercept the money or items and use them for their own profits.

Using the blockchain, everything will be entered into the chain and everyone will know who, where and when. And if using a tokenized means of delivering money, it will go into the wallet of the persons who it should and will use the same blockchain for converting.

While there could still be some improprieties, the chances and odds are much less.

Nonprofit And Charitable Organizations Should Jump On The Nasgo Blockchain Reason #2: Transparency

By using the Nasgo blockchain, people who will potentially donate do not have to rely on reviews but can instead see the facts.

They can look in the blockchain and see how donations are being used down to the penny.

Nonprofit And Charitable Organizations Should Jump On The Nasgo Blockchain Reason #3: Lower Fees


Fees involved with transferring money from country to country can be astronomical. By using blockchain standards and tokenization, those fees can be reduced dramatically.

As an example, let’s say your organization is raising funds for refugees in Syria. But you have United States dollars and that money must be sent and converted to Syrian pounds. Doing so in today’s system would require costly intermediaries but by using the Nasgo blockchain, you could tokenize or use the Nasgo token… NSG’s.

Now all that happens is the small amount delegates receive for entering the transmission in the blockchain and those tokens can be sent digitally and exchanged for Syrian pounds.

Nonprofit And Charitable Organizations Should Jump On The Nasgo Blockchain Reason #4: An Added Donation Advantage

By using the Nasgo Blockchain, nonprofits and charitable organizations can easily accept cryptocurrency as a donation method. Some people are hesitant about entering credit/debit card information, but will feel safe and secure sending encrypted cryptocurrency because the odds of being “hacked” or personal information stolen are essentially nonexistent.

Nonprofit And Charitable Organizations Should Jump On The Nasgo Blockchain Reason #5: Contract Enforcement

People who donate often do so with preset conditions. But sometimes those conditions are not met. Now nonprofits and charities can be held to standards that they fulfill their agreement by using blockchain technology.

Knowing you must use their donations for what you said or they will receive their money back because of smart contract enforcement, people will be more willing to donate.

Nonprofit And Charitable Organizations Should Jump On The Nasgo Blockchain Reason #6: Easily Create Specific Donation Coins

I have mentioned tokenizing several times… It is cost efficient and a secure method of raising funds.

Many nonprofits have various projects happening around the world and it can get difficult determining whose donation is supposed to go where.

This can be easily solved by tokenizing each project. Not only do you cut down on needless paperwork, but when one person buys tokens for water in Kenya and another buys tokens for housing in Honduras, you know where each donation is earmarked for.

And tokenizing on the Nasgo blockchain is fast, cost efficient and easy. Read this post to know how.

Nonprofit And Charitable Organizations Should Jump On The Nasgo Blockchain Reason #7: The Ability To Separate From Other Industries

Personally, I think it can be a little “nit-picky,” but some people have claimed that when a nonprofit is using the same building or webhost or something like that as an industry they don’t believe in, they will not support the nonprofit.

Since the Nasgo blockchain is hosting many various industries, we have a system whereas you can easily just set up your own nonprofit or charitable sidechain that is separate from the rest.

We can show you how.

Conclusion

If you are ready to bring your nonprofit or charitable organization into the Nasgo blockchain, the first step is to head over to Nasgo.com, sign up and download the MainNet.

But like many others, you may need some help and that is what we are here for. You can comment with your contact info here and we will contact you to help or feel free to visit us at any of the following Social sites and speak with us there:

Nasgo can and will help your charitable organization prosper…

Stay Free With Nasgo!

#bloc

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Steve Ramona

#1 Small Business Marketing Podcast Host | Super Connector | 40 Years Business Mentor | Serving Before Selling Advocate | Keynote Speaker | Community Builder

5 年

Love this article

Tim Turbeville

Business Consultant

5 年

Great write-up. Makes perfect sense.

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