Philanthropy over Blockchain
Traditional Philanthropy is great but it possess fundamental problems. Philanthor with the use of Blockchain delivers a big promise to the future shape of philanthropic foundations:
- The usage of crypto-currency eliminates (or reduces dramatically) crippling transaction costs, removing banks, agencies, and other middle man from the equations - we want the maximum funds to reach our supported causes.
- Decentralised automation of decision making (DAO) - with Philanthor decisions are managed by the collective intelligence of potentially thousands of members, and governed by smart-contracts.
- Complete transparency that builds trust and reduces waste of funds and effort. A big issue with traditional charities, but with blockchain all the transactions are visible and cannot be tampered with.
- Access to massive crowd funding and global participation - thanks to ICO mechanisms we are able to reach anyone, anywhere and make a massive long-term impact.
- Measuring impact - since the activity over blockchain is documented, measuring the impact of the foundation is achievable, which is a big problem in traditional philanthropy.
?Website: https://www.philanthor.com/
?Whitepaper: https://www.philanthor.com/assets/whitepaper.pdf