Donor Finance - a charitable blockchain project blurring the boundaries between web3 and web2

Ron is a serial entrepreneur from Canada. He has several successful projects to his name: a restaurant, a marketplace, an ERP system. In his free time, he is passionate about blockchain and crypto, and he manages a YouTube channel with 12,000 subscribers called TechTipsToGo. Currently, he has several businesses, but he wants to spend more time with his children and family. If he's going to undertake projects, they should be meaningful, something he can be passionate about!

That's where Ron's meeting with Vamsi, another serial entrepreneur, comes in. Together, they came up with a project that would become their life's work - Donor, or Donor Finance. It's a blockchain-based charitable platform that provides donors with passive income opportunities.

The main competitor in the fundraising and charity sphere is GoFundMe. However, it is a fully web2 project; all donations and campaigns happen in fiat currency. Fiat is any official currency. Unlike decentralized blockchain and cryptocurrency, fiat is completely controlled by the government.

Ron and Vamsi have been passionate about crypto for a long time, and it was important for them to make the project based on blockchain technologies. Therefore, while GoFundMe and other platforms are competitors, they come from a different world - the fiat sphere

What about competitors on the blockchain? There are many charitable platforms based on cryptocurrency, but Donor Finance stands out from them due to its integration with fiat, as well as a well-thought-out ambassadorship and referral link system.

An important aspect of any charitable project is proving to people that you are really doing good deeds and that all funds raised are going where they are needed. What are we doing for this? Several important things: voting system and algorithmic feed; KYC integration; reporting for creators of charitable campaigns; IPFS storage.

Once a charitable campaign is created, users can vote for it. The more votes, the higher the campaign will rise on the "Popular" page, and the more users will see it.

We're discussing the idea that the effectiveness of a vote will depend on the user's balance. The higher the balance, the higher the vote will raise the campaign in the feed.

Know Your Customer (KYC) is a system that allows verifying identity through photos and documents. Only creators of charitable campaigns will be required to go through this procedure.

Regular users will be able to donate even without registering on the platform. The project's authors want to provide donors with the possibility of anonymity.

We plan to require creators of charitable campaigns to maintain detailed reporting. They will have to upload receipts and evidence that the funds raised have been spent exactly for the campaign's purposes. This is a necessary process without which it will be impossible to build trust among users and the community. And community and relationships with it are the main aspect of the Donor Finance project.

Receipts, documents, thousands of charitable campaigns - all of this takes up a lot of space. To store data and comply with the decentralized concept of the service, we will use an IPFS storage.

IPFS (InterPlanetary File System) - a communication protocol for creating a decentralized file system that replaces the existing HTTP internet protocol. Content hosted on IPFS is stored not on a single server, but on multiple nodes.

Ron and Vamsi plan to create their own cryptocurrency linked to the Donor Finance platform. In the future, this coin should become the main one for the platform, and users will make most of their donations in it.

But we'll take this step only when the platform becomes popular enough and when users from around the world start using it. The founders of Donor are confident that first, the project itself needs to be established, and only then a separate cryptocurrency for it. Unfortunately, many startups and crypto enthusiasts do the opposite: they launch a token first and only then think about how to promote it.

Therefore, payments will be accepted in different cryptocurrencies and blockchain networks.

It's easy to create a charitable campaign and organize fundraising. What's harder is achieving the financial goals of the campaign and reaching the targets, gathering all the necessary funds. Every day, thousands of people and organizations raise money for charity, but how quickly do these campaigns accomplish their goals?

The founders of the project, Ron and Vamsi, want to do everything to ensure that funds are raised quickly and the financial goals of the campaigns created on the platform can be achieved promptly. Literally within 1-3 days.

To achieve this, we are implementing three features within Donor: a charitable percentage from staking, an ambassador program, and referral links.

Many projects with their own cryptocurrency fail even before launch. Besides, there are already enough popular and profitable tokens in the world. So why create your own token? The answer is that the project creators plan to organize a charitable percentage from staking their own cryptocurrency.

What is staking? It's similar to bank deposits, but in the world of blockchain and cryptocurrency. The owner of the cryptocurrency provides the platform with their tokens for storage for some time. As a result, they receive rewards in the form of additional tokens.

When the Donor token is launched on the platform, users who stake it will receive a percentage — for example, it could be 12% per year. One percent of these twelve will automatically go to charity — to achieve the financial goals of charitable campaigns posted on the platform.

The idea of the project was born when the founders started talking to influencers from Cuba and Colombia. These are bloggers who live in countries where many people need help.

Therefore, the ambassador program is an important part of Donor Finance. In each country, one or several Donor ambassadors will be selected to promote charitable campaigns. Thanks to this, the platform and specific fundraising campaigns will get the necessary coverage in the media and social networks.

But how to attract ambassadors? How to motivate people to advertise charitable projects? The answer is simple: each ambassador will receive a small percentage of the funds raised. It's just a tiny fraction that will allow achieving the financial goals of the charitable campaign quickly.

Donor Finance allows not only media personalities and celebrities to earn. Everyone can do a good deed and get a small benefit. For this, together with Ron and Vamsi, we have developed a system of referral links.

Anyone can create a referral link to a charitable campaign and place it wherever they want. Send it in personal messages to friends or post it in stories on social media. When someone follows this link and makes a donation, a small percentage of that amount will go to the balance of the link owner.

Ron and Vamsi presented the idea of creating a charitable platform based on blockchain to their friends, bloggers from Cuba and Colombia. The influencers' reaction was literally like this: "What are you talking about? Cryptocurrency? Computers are rare here, and phones are old and don't always support even regular internet payments.

To solve this problem, the creators of Donor developed a plan. If a user comes to the platform and wants to donate in crypto, they can create a cryptocurrency wallet right on the website. The wallet will be created in the MetaMask system — one of the most popular cryptocurrency wallets. The user will separately receive access to their wallet and will be able to use it in the future. They won't even need to know what blockchain is.

Moreover, the creators of Donor Finance don't limit donations to cryptocurrency. The Unistory team has connected Stripe, an international system for secure internet payments using plastic cards, to the platform. Thanks to this, users will be able to donate in fiat currency if necessary.

Currently, the Unistory team is actively working on implementing all the features that will make Donor a unique platform — just as Ron and Vamsi envisioned it. At the same time, Ron is working on PR and promotion of Donor: telling people from the blockchain industry about the new service.

The project's mission is to allow people to do good deeds and earn at the same time. When this whole mechanism starts working, community members will be able to raise funds for the needs of those who need help. And most importantly — to do it quickly.