Over the past two decades, the landscape of charity culture has experienced a profound shift, marked by changing attitudes, innovative approaches, and the integration of technology. As society evolves, so does the way we engage with charitable causes. This article delves into the transformation of charity culture over the last 20 years, examining the driving factors behind these changes and the significant impact they have had on philanthropy and societal well-being.

The Changing Face of Charity Culture

  1. From Traditional to Tech-Savvy: Two decades ago, charitable giving often relied heavily on traditional methods such as checks and cash donations. Today, the integration of technology has revolutionized the way donations are made, with online platforms and mobile apps offering convenient and secure avenues for contributing to causes.

  2. Individual Empowerment: The last 20 years have witnessed a shift from centralized, large-scale charity campaigns to a more decentralized approach. Individual donors now have the power to support niche causes and micro-projects that resonate with their personal values, thanks to the ease of online giving platforms.

  3. Impact Measurement: Accountability and transparency have gained prominence in modern charity culture. Donors today demand tangible proof of how their contributions are making a difference. Charitable organizations are increasingly using data and technology to demonstrate the impact of their initiatives, fostering trust and accountability.

Technological Advancements Driving Change

  1. Digital Platforms: The proliferation of online platforms has democratized charitable giving. Donors can now explore a wide range of causes, read about the impact of their donations, and make contributions with just a few clicks. This ease of access has opened doors for people who might not have engaged in charity otherwise.

  2. Social Media Influence: Social media has emerged as a powerful tool for raising awareness and rallying support for charitable causes. Viral campaigns, crowdfunding initiatives, and hashtag movements can rapidly gain momentum, inspiring millions to contribute and spread the word.

  3. Blockchain and Transparency: The advent of blockchain technology has introduced an unprecedented level of transparency to charity culture. Donors can now trace their contributions throughout the entire donation process, ensuring their funds are being used as intended and minimizing concerns about misuse.

Impact on Charitable Organizations

  1. Adaptation to New Strategies: Charitable organizations have had to adapt to the changing landscape by embracing technology and adopting innovative fundraising methods. Those that have successfully integrated digital platforms and data-driven strategies tend to attract more support and maintain relevance.

  2. Focus on Storytelling: Donors today are drawn to compelling narratives that connect them emotionally to the cause. Charitable organizations have recognized the power of storytelling to create a deep impact and have invested in conveying their missions through vivid and relatable stories.

  3. Collaboration and Networks: The digital era has facilitated collaboration among charitable organizations, allowing them to pool resources and expertise for larger-scale projects. Networking and partnerships have become key strategies for achieving greater impact.

Shift in Donor Behavior and Expectations

  1. Informed Giving: With the availability of information at their fingertips, modern donors are more informed than ever before. They research organizations, evaluate impact reports, and seek transparency before making contributions.

  2. Long-Term Engagement: Donors now seek deeper connections with the causes they support. They want to be engaged beyond monetary contributions, participating in volunteer activities, events, and advocacy efforts.

  3. Demand for Flexibility: Traditional models of monthly or yearly donations have evolved into more flexible giving options. Donors can contribute one-time or periodically, aligning their contributions with personal financial situations.

Societal Impact of Changing Charity Culture

  1. Increased Impact: The shift towards individual empowerment and the use of technology has resulted in more targeted, impactful giving. Charitable organizations can now reach a wider audience and execute projects that resonate with smaller, passionate groups of supporters.

  2. Heightened Awareness: The accessibility of information and the power of social media have raised awareness about diverse issues, allowing people to support causes they might not have been aware of in the past.

  3. Fostering a Culture of Giving: The evolution of charity culture has nurtured a culture of giving that extends beyond financial contributions. People are increasingly engaged in volunteer work, advocacy, and community-building efforts.

Challenges in the Changing Landscape

  1. Digital Divide: While technology has facilitated many positive changes, it has also created a digital divide where certain populations lack access to online platforms and information.

  2. Donor Fatigue: The constant exposure to charitable appeals, especially through social media, has led to donor fatigue, where individuals may become overwhelmed by the sheer volume of requests for support.

  3. Data Privacy and Security: The collection and use of donor data raise concerns about privacy and security. Organizations must navigate the ethical use of data to build and maintain donor trust.


The evolution of charity culture over the past two decades reflects the broader societal shifts influenced by technology, connectivity, and changing values. From individual empowerment and the integration of technology to greater transparency and accountability, the transformation of philanthropy has been profound. As we move forward, it's crucial to recognize the potential of these changes in not only enhancing the impact of charitable giving but also in shaping a more compassionate, informed, and engaged society.


In an increasingly digital world, the realm of charitable giving is undergoing a remarkable transformation. The advent of digital currencies, most notably cryptocurrencies like Bitcoin and Ethereum, has presented a groundbreaking opportunity for philanthropy to evolve and make an even greater impact. This article delves into the realm of charitable giving using digital currencies, highlighting the benefits, challenges, and the potential they hold in revolutionizing the way we support causes dear to our hearts.

The Rise of Digital Currencies in Charitable Giving

Digital currencies have rapidly gained prominence, not only as investment vehicles but also as tools for social change. Traditional charitable giving often involves intermediaries and administrative costs, which can diminish the overall impact of donations. Digital currencies, operating on decentralized blockchain technology, offer a unique solution by enabling direct peer-to-peer transactions, thereby minimizing the need for intermediaries and reducing associated fees.

Benefits of Charitable Giving with Digital Currencies

  1. Transparency: One of the most significant advantages of using digital currencies for charitable donations is transparency. Every transaction made using a blockchain-based currency is recorded on an immutable public ledger, providing an open and traceable trail. Donors can rest assured that their contributions are being utilized as intended, and organizations can demonstrate their financial accountability to their supporters.

  2. Global Reach: Digital currencies transcend geographical boundaries, allowing donors to support causes around the world without the hassles of currency conversions or international transfer fees. This capability enhances the reach of charitable organizations, enabling them to receive donations from a global audience.

  3. Reduced Costs: Traditional payment methods often involve intermediary banks, currency conversion fees, and administrative overheads. Digital currencies significantly reduce these costs, ensuring that a larger portion of the donation reaches the intended beneficiaries.

  4. Empowerment: Digital currencies empower both donors and recipients. Donors have complete control over their funds, and recipients can access the resources directly, eliminating bureaucratic delays and intermediaries.

  5. Inclusivity: Cryptocurrencies can be accessed by anyone with an internet connection, making them an inclusive option for donating. This opens doors for contributions from people who may not have had access to traditional banking systems.

Challenges and Considerations

While the potential benefits of charitable giving using digital currencies are promising, there are some challenges and considerations to keep in mind:

  1. Volatility: Cryptocurrency markets are known for their volatility. The value of a digital currency can fluctuate dramatically over short periods, which might impact the value of donations made in these currencies.

  2. Regulations: The regulatory landscape surrounding cryptocurrencies is still evolving in many jurisdictions. Charitable organizations must navigate these regulations to ensure compliance and transparency.

  3. Technical Barriers: While digital currencies have become more user-friendly, there is still a learning curve for many potential donors who are unfamiliar with blockchain technology.

  4. Security Concerns: The security of digital wallets and transactions is crucial. Donors and charitable organizations need to implement robust security measures to prevent unauthorized access or loss of funds.

Examples of Charitable Initiatives Leveraging Digital Currencies

  1. CryptoRelief: In the wake of natural disasters, CryptoRelief has been at the forefront of using cryptocurrencies to provide immediate assistance. They have successfully raised funds in digital currencies to aid disaster-stricken regions.

  2. Charity Token: Our Company are the ONLY digital currency based application for Charities in the World. While there are alot of dApps created to accept cryptocurrencies, ours is the only fully-fledged mobile application that can be used to distribute funds in a transparent way.

  3. UNICEF Cryptocurrency Fund: UNICEF became one of the first United Nations organizations to accept cryptocurrency donations. They have launched a Cryptocurrency Fund to support open-source technology projects benefiting children worldwide.

How to Get Involved

  1. Educate Yourself: Before engaging in charitable giving with digital currencies, take the time to understand the basics of blockchain technology and how different cryptocurrencies work.

  2. Choose Reputable Organizations: Ensure that the charitable organization you wish to support has a track record of transparency and accountability. Research their initiatives and financial practices.

  3. Consult Experts: If you're new to cryptocurrencies, consider consulting with financial advisors or experts who can guide you through the process of acquiring, storing, and donating digital currencies.

  4. Spread Awareness: Share your positive experiences of donating with digital currencies with friends and family to encourage wider adoption of this innovative approach to philanthropy.


The marriage of digital currencies and charitable giving holds the promise of transforming the landscape of philanthropy. With benefits like increased transparency, global accessibility, and reduced costs, cryptocurrencies have the potential to revolutionize how we contribute to causes we care about. While challenges exist, the momentum behind using digital currencies for good is growing, as exemplified by organizations already leveraging this technology to make a meaningful impact. As we move forward, an increasing number of individuals and organizations are likely to explore the immense potential of digital currencies in changing lives and fostering positive change on a global scale.

Decentralized finance (DeFi) refers to a new financial system built on blockchain technology that allows for peer-to-peer transactions and eliminates the need for intermediaries such as banks or other financial institutions. It enables the creation of decentralized and autonomous financial products and services that can be accessed globally, and with a high degree of security and transparency.

One of the key features of DeFi is that it allows for the creation of decentralized applications (dApps) that can be used to build and access financial products and services. These dApps can be built on various blockchain platforms, such as Ethereum, and can provide a wide range of financial services, including lending and borrowing, trading, and insurance.

DeFi is based on smart contracts, which are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. These smart contracts enable the creation of decentralized, automated financial products and services that can be accessed by anyone, anywhere in the world.

Another important aspect of DeFi is that it enables the creation of stablecoins, which are digital assets pegged to the value of a fiat currency. These stablecoins can be used to mitigate the volatility of other cryptocurrencies, and can provide a more stable medium of exchange for transactions.

One of the main advantages of DeFi is that it allows for greater accessibility and inclusion in the financial system. This is particularly beneficial for individuals and businesses that are currently underserved by traditional financial institutions.

Another advantage of DeFi is that it allows for greater transparency and security in financial transactions. This is because all transactions are recorded on a public blockchain, which allows for easy tracking and auditing of all transactions.

Despite these advantages, there are also many risks associated with DeFi. One of the main risks is that DeFi projects are still in their early stages of development and are not yet fully tested or regulated. This makes them highly speculative and risky investments.

Another risk is that DeFi is based on complex and rapidly changing technology, which makes it difficult to predict and understand the long-term implications of these projects. This can result in significant losses for investors who do not have a clear understanding of the technology.

Despite these risks, DeFi is a rapidly growing market, and it is likely that we will see more widespread adoption of this technology in the future. However, it is important for investors to be aware of the risks and to conduct their due diligence before investing in any DeFi projects.

In conclusion, DeFi or Decentralized finance refers to a new financial system built on blockchain technology that allows for peer-to-peer transactions and eliminates the need for intermediaries such as banks or other financial institutions. It enables the creation of decentralized and autonomous financial products and services that can be accessed globally, and with a high degree of security and transparency. It provides many advantages like accessibility and inclusion, greater transparency and security, but also has many risks like projects are still in their early stages of development and complex and rapidly changing technology. It’s important for investors to be aware of the risks and conduct their due diligence before investing in any DeFi projects.

Cryptocurrency is a digital or virtual currency that uses cryptography for security. It operates independently of a central bank or government. The most well-known cryptocurrency is Bitcoin, but there are many other types, such as Ethereum, Litecoin, and Ripple.

One of the key features of cryptocurrency is that it is decentralized, meaning that it is not controlled by any government or financial institution. Instead, it relies on a distributed ledger technology called blockchain, which allows for secure and transparent transactions.

Another important aspect of cryptocurrency is that it is based on cryptography, which is used to secure and verify transactions. This means that transactions are recorded in a public ledger that is virtually impossible to hack or corrupt.

The first cryptocurrency, Bitcoin, was created in 2009 by an unknown individual or group of individuals using the pseudonym Satoshi Nakamoto. Since then, the market for cryptocurrency has grown exponentially, with thousands of different coins and tokens now in circulation.

One of the main advantages of cryptocurrency is that it allows for fast and secure transactions, as well as a high degree of anonymity. This makes it particularly appealing for online transactions, as well as for individuals and businesses that operate in countries with weak currencies or unstable political situations.

Another advantage of cryptocurrency is that it is not subject to the same regulations and fees as traditional currencies. This means that transactions can be conducted quickly and cheaply, with no need for intermediaries such as banks or financial institutions.

Despite these advantages, there are also many risks associated with investing in cryptocurrency. One of the main risks is that the value of a particular coin or token can be highly volatile, and can fluctuate rapidly and unpredictably. This makes it difficult to predict the future value of a cryptocurrency, and can result in significant losses for investors.

Another risk is that the lack of regulation in the cryptocurrency market makes it a prime target for fraud and scams. There have been numerous instances of fraudulent ICOs (initial coin offerings) and other scam projects, which have resulted in investors losing millions of dollars.

Despite these risks, the market for cryptocurrency continues to grow, and it is likely that we will see more widespread adoption of this technology in the future. However, it is important for investors to be aware of the risks and to conduct their due diligence before investing in any cryptocurrency.

In conclusion, cryptocurrency is a digital or virtual currency that uses cryptography for security. It operates independently of a central bank or government. The most well-known cryptocurrency is Bitcoin, but there are many other types, such as Ethereum, Litecoin, and Ripple. It has many advantages like fast and secure transactions, a high degree of anonymity and not subject to the same regulations and fees as traditional currencies but also has many risks like value volatility and lack of regulation that makes it a prime target for fraud and scams. It’s important for investors to be aware of the risks and conduct their due diligence before investing in any cryptocurrency.

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Research Hypothesis –

Charitable and Foreign Aid issuance using digital currencies



The delivery of financial Aid to developing countries has been controversial for many years. Experts often debate the most efficient method of distributing funds to increase the impact of existing budgets. In this paper, we provide unique research, insights, and potential solutions to traditional financial aid distribution. These methods assist decision-makers in their quest to increase money efficiency, moving forward into more challenging economic times.

We support the need for financial/foreign Aid; however, the argument must be made based on accountability that funding policies may be the root cause of health inequality, not money per se. We also argue that developing countries need help in effective policy enforcement due to inefficient processes in government and that the potential for technology to remove the responsibilities of individuals in this process is now available.

We conduct various experiments using digital currencies and multiple platforms and state our findings and arguments for adopting and utilizing this technology for financial aid distribution.

 Christopher Manski – CEO Charity Token Pty Ltd                                                        Jan 2023




Research Question: Can the use of blockchain technology in foreign and economic Aid lead to a reduction in extreme poverty and wealth inequality in Developing Countries?



Hypothesis: The use of blockchain technology in financial Aid and grant distribution can increase transparency, accountability, and efficiency in the transfer of funds, ultimately leading to a reduction in extreme poverty and wealth inequality in the intended developing regions.



Background: Poverty is a persistent and pervasive issue that affects billions of people across the globe. Despite progress in recent years, poverty remains a multifaceted issue that requires managing and coordinated efforts to address it. Foreign and Financial Aid is an important economic tool for addressing poverty in developing countries, but its effectiveness is complex and controversial. Blockchain technology and the technologies able to be developed on such technology show the potential to significantly disrupt the traditional passages of currency flow to developing areas.



Expected Results: We expect to find that the use of blockchain technology and specifically decentralized finance in Foreign Aid and grant distribution, will lead to a much higher impact through the design of efficient money-moving platforms. Blockchain technology can also reduce poverty and wealth inequality in the intended regions via economic growth through digital stimulus packages.



Significance: This study will provide insights into the potential of blockchain technology to address poverty and wealth inequality around the World through more effective foreign and financial aid distribution. The findings of this study can inform policymakers and aid organizations about the potential benefits of using blockchain technology in their efforts to combat poverty and promote sustainable economic development.






The effectiveness of foreign Aid, particularly financial Aid, is a complex and controversial topic. However, social economists, such as Nobel prize winner Angus Deaton, have reviewed historical and current data and have identified a few potential issues with Financial Aid, including an increase in the wealth gap locally, collapse of local economies due to cheap imported food, and reliance or better known as "Aid dependency."

A significant portion of funding intended for developing nations often needs to catch up when using traditional banking infrastructure. This phenomenon can be attributed to several factors, including a lack of transparency and accountability in the transfer and distribution of funds and corruption and mismanagement within recipient countries.

One of the main issues with traditional banking infrastructure is the need for more transparency and accountability in transferring funds. Traditional banking systems rely on intermediaries such as banks and financial institutions to transfer funds, which can lead to a lack of visibility into how the funds are being used. This makes it difficult to track the flow of funds and ensure they reach their intended recipients. Furthermore, traditional banking systems often rely on manual processes and paperwork, which can be prone to errors and make it challenging to ensure that funds are being used as per their intention.

Digital currencies have the potential to address these issues by increasing transparency and accountability in the transfer and distribution of financial Aid. Digital currencies are programs based on smart contract technology, which can only be used according to predetermined conditions. This allows for greater transparency and oversight of how aid funds are used, as transactions are recorded on a public ledger that anyone can view.

Additionally, digital currencies can be transferred directly to recipients, bypassing intermediaries such as banks and financial institutions. This can substantially reduce the potential for corruption and mismanagement while increasing accountability and the impact of funds after that.

This technology provides more economic opportunities for those living in extreme poverty. By using digital currencies, individuals in developing countries can access financial services that they may not have been able to access otherwise, such as opening a bank account, accepting new forms of payment, and even microloans. In addition, they can save their money safely and spend it just the same. The potential to help economic development and lift people out of extreme poverty will be seen during this study.







Understanding Economic Growth Requirements:

In short, it is said that "wealth equals health" (Sir Angus Deaton) – Health, Inequality and Economic Development. In this paper, Sir Deaton discusses the correlations between the health standards of individuals and the wealth status of the participants at hand.

Residents living in a developing country have different rights to immediate access to necessities, food, shelter, and water than we do in the developed World. Income determines mortality, whereas money protects you from malnutrition, ill health, and premature death.

Income inequality has been shown to play a minimal role in poverty, regardless of other grounds. The logic is that "as long as one can maintain their income, it should not matter that of the next persons." Applying this logic seems fitting to understanding the requirements for the economic growth of a developing region. The fact is that people in developing countries are economically unequal because they lack access to opportunities to maintain their income.

The macro-outlook of most developing countries shows explosive population growth over the past 25 years. This, coupled with a lack of adequate funding for sustainable development projects such as water, electricity, and logistical infrastructure, has led to the conditions we face today.

Sub-Saharan Africa is home to over 450 million people who lack access to running water, electricity, and water, the foundation of life. Yet, with adequate access to water alone, whole civilizations rise. This is due to the conditions of having access to abundantly clean water provides.

Water allows a child to bathe, be hygienic, and be healthy; already, they are 520 times LESS likely to die as a baby from diarrhea. Water brings health, and with health comes a more effective workforce. With a workforce and abundant water supply, many more crops and higher yields become possible. With higher yield seasons come more profits at the market, allowing farmers to hire and produce even more. He pays better, and the employees live better; they spend locally, and now the circular economy is beginning. The shop owners see better income; they purchase more locally, put on more staff, stay open longer, and produce more. As this economy becomes more significant, it flows upwards in the form of taxes and duties. The government's profit or GDP is simply the taxes of those residents conducting business in the Country, which gets spent and reallocated back down in the form of infrastructure and funding. Finally, ending the circular economy with benefits resulting in better lives for the residents of that Country and region.

Except, this is different for most developing Countries. Poor policy implementation has skewed many hopes of adequate support reaching their community. Most of these governments hold little to no account of the people it represents. The reason is that the majority of the funding for developing regions and their governments comes from Aid, they need a robust taxation system in place, so GDP is difficult to create. This directly affects the dynamics of power to the provider of such resources. This mentality should not be subjected to governments as it removes any feelings of responsibility to its citizens.

Overall, a considerable contribution to the problem of inequality is poor accountability leading to an extensive misuse of funds, whether intentional or not. Money currently flows downwards, but very little reaches the bottom where it is intentionally required to be.



Use of (GOs) and (NGOs) to distribute Aid

Wealthy Countries give, on average, 1.5% of their annual GDP in the form of foreign Aid. This amount between countries totals over 160 billion dollars. Most funds are sent directly to multilateral Organisations such as the World Bank, United Nations, and Bank of international settlements to distribute to developing countries as needed.

The distribution process begins from the top of this pyramid and begins the Aid distribution process from here. Many forms of Aid are issued with the funds such as financial, military, economic, and disaster. However, for this study, we are focusing on the Aid allocated to the ongoing efforts of humanitarianism and charity.

The cooperation between government and Non-Governmental Organizations to distribute Aid after a disaster needs to be defined clearly. With fewer GOs than NGOs, the competitiveness of those outside of government is very high, resulting in performance impediments due to reasons such as;

  • Lack of logistical organization
  • Cultural differences
  • Mutual distrust
  • And the inadequate capacity for relief

These are simply logistical problems; however, in a more complex issue, it is found that NGOs with a substantial alignment to higher bureaucratic orientation, stronger domain reputation, and those with a long-standing history of GO funding receive many times more funding than others not of these ideals.

Solutions have been avoided as the competitive arena becomes more so. Discussions of corruption and misconduct are often avoided for fear that continuing decline in public trust will occur. Though plausible in the past, society has reached a point where truth is wanted and almost craved. The younger generations of people expect higher accountability and impact, for they were raised watching frequent advertising of charity, being desensitized from those less fortunate, and eventually becoming adults with voices themselves. Change cannot be stopped, and awareness happens simultaneously over time also.

One thing is sure; technology is now reaching a point of singularity where global systems can be developed. As a result, policies from every government can be aligned further, increasing cooperation between nations, eventually flowing down to the Corporations, Organisations, and people residing in such places.

We have an opportunity to build and work together for the first time in history; nations can be connected through every means except land. Financial borders are becoming lower and accessible to many more people, especially those living in poor regions of the World. Financial technology is merging with databases creating efficient money distribution platforms, which is the key to bringing extreme poverty to a close.


The current outlook of the digital economy in Africa:

Africa is an obvious example of the need for a more transparent natured financial system. Nigeria, since 2021, has been piloting the eNaira, a digital (CBDC) designed for use throughout the vast Country. (BIS 2021)

A central bank digital currency is a native Country based dollar that never moves accounts. Instead, access to the dollar moves by the very nature of a distributed ledger. Essentially, you give away access to the money, not the money itself. The technology is similar to the blockchain, though verifying the transactions is slightly different. A treasury controls this currency; every dollar is visible and programable. It provides the ultimate economic control from a policymaker's position.

Like most developing countries, Nigeria has a weak taxation system, and it makes sense to become one of the first to pilot the new system. By adopting digital currency, the Nigerian government can quickly implement a robust taxation system using smart contracts. The tax could be taken as the purchase is made, removing the need for even annual tax filings.

However, concerns are being faced by central banks in their efforts to implement such concepts. The requirements for the banking infrastructure are high and partial to why most Africans are under or completely unbanked. Identification and KYC are extremely low in developing regions and therefore create the need for a "two-tiered financial system."

One with complete identification requirements and full access to financial products. The other must be limited to lower the risk to others in the greater financial system. This is where decentralized finance can be of great importance. Central bank currencies may be unable to lower their policy standards to the level of "zero KYC," but (Defi) is already there.

By utilizing decentralized finance, identification can still be forgone, and money still flows into poor regions; however, come a time when a person can rise from extreme poverty enough to warrant further financial inclusivity, they have the opportunity to seek formal identification and access to the greater financial system. If they need a decentralized stablecoin to barter, the benefit remains local and still benefits the person's income status.

The current outlook for digital currencies in Africa needs to be more transparent. However, research has already been conducted, collated, and structured for us to interpret. Adoption of such technology and financial inclusion are correlated and, as such, carry problems we must overcome. The five most challenging aspects of financial inclusion in such places are.

  • Access to smartphones for digital-only banking
  • Adoption willingness
  • Security risk
  • Privacy concerns and
  • Fear of 'disintermediating banks'


Overall, the determining factor for adopting digital currencies in Africa is policy, not efficiency or availability of technology, which can be seen throughout the study.


Experiments conducted:

Over 12 weeks, we collected data from 900 retail users and 75 charity directors who signed up, downloaded, and used the Charity Token mobile application. At that time, approximately USD 4,000 was donated across the platform. We monitored usage, transaction/donation volume, and other metrics to help us conclude our initial study findings. Below is an outline of the general and application-specific experiments that were conducted:


Difficulty Experiment: During each transaction, we monitored the user's difficulty navigating the processes required to withdraw value from digital currencies as opposed to traditional means. As this technology and way of sending value are new, it must be considered that the means of moving valuable data attracts some uncertainties.

Charity Directors who successfully applied were issued a Charity Token account to receive both direct and passive donations via our smart contracts. In addition, the account could receive a stablecoin (USDT) and two price-fluctuating tokens (Matic & CHAT). However, these tokens were only available to be sent over the public polygon blockchain network.

Due to the polygon's lack of fiat-to-crypto off-ramp integrations, there is still a significant difficulty in selling tokens for fiat currency in developing countries. This hinders our results as a beneficial technology due to having almost every other advantage over traditional finance except the means of withdrawing the value.

This experiment was monitored with direct feedback from directors withdrawing tokens in exchange for local currency. The feedback was consistent with our findings of "a lack of exchange infrastructure in the local region." However, if digital banking were utilized where stablecoins representing local currency could be swapped, this problem would not exist. It would improve the efficiency of digital currencies in the region by many times.

In places such as Nigeria, cashless laws are already appearing, with an approximate timeframe of fewer than 12 months until regulatory approval of such systems is finalized.


Speed Experiment: This experiment compared the speed of traditional banking and decentralized financial networks. The test was simple and involved using cryptocurrency exchanges and traditional banks.

We donated funds to several charities via their donation accounts on various platforms with direct access to their local banking institutions. In addition, we sent funds via credit card and monitored the time it took for the funds to be received in the nominated bank account. This time ranged from 3 to 5 days, with the longest time being in sub-Saharan Africa.

We also donated stablecoins and other digital tokens via a digital exchange. Funds were transferred from our bank account to the exchange, where we purchased several digital tokens on various networks and distributed them to selected charities. Funds were received within seconds and could be withdrawn from the recipient's exchange account and transferred back into their nominated bank account. The total time from an exchange to the recipient's bank account was under 24 hours, with most of the time spent waiting for the local banking infrastructure to clear the funds the director had withdrawn.

We also performed the same tests using our custom payment gateway and mobile application. The application was designed to accept funds from any account on the same network and enable users to donate these funds using digital tokens or currency. The results showed a decrease in time to receive tokens in the recipient's bank account by over an hour and a complete account of the funds on the public ledger.

The conclusion is that the speed and efficiency of digital currency are unparalleled by fiat currency. Money settles within seconds and moves directly from one person's account to another without an intermediary banking institution.


Cost-benefit Experiment: One of the highest costs of moving money is the administration costs and fees associated with the systems in place for grant management, funding, and oversight. The current need for personnel to manage this process is high, though it could be significantly reduced using smart contracts and digital currency.

During the transactions, we calculated the costs of moving funds from one account to another. These findings aimed to determine the most cost-effective method of distributing funds to developing countries.

We donated money to several charities in Africa using fiat and digital currencies. International banking transfers use the swift banking infrastructure and cost AUD 6 online or AUD 30 in person through a major Australian bank. So, for example, when we donated AUD 100, the recipient received the equivalent of just over AUD 92 in their bank account after fees.

Secondly, we transferred the same AUD 100 funds to a digital currency exchange. The funds were converted into USDT (USD equivalent) and sent to the Binance public blockchain. The fees were a 1% exchange fee and approximately AUD 0.02 in blockchain transaction fees, giving us a total of AUD 98.95 in the recipient's wallet. Furthermore, an additional withdrawal fee of 1% was applied at the receiving end, leaving a total of AUD 97.95 received.

This cost experiment concludes that currently, fees are six times cheaper via digital networks, even though they are fragmented and in early-stage development. The use of decentralized networks is still far more affordable than traditional means.

Economic benefit Experiment: The goal of the above experiments is to improve the economic conditions in the poorest regions of the more affordable used various metrics to measure this, such as direct feedback, assessments of living conditions, current and future funding achievements, evaluations of local infrastructure before and after, and the overall impact on the community from the services provided. Unfortunately, we had only a limited amount of funding to reach these areas, resulting in a slight improvement in living conditions. However, the potential seen in the above experiments suggests that significant improvements in living conditions are primarily a matter of funding and awareness. Providing remote communities with greater access to funding through efficient on-chain reporting systems could alleviate extreme poverty and the associated struggles in these regions. The economic benefits are yet to be confirmed, and we will continue to monitor them over time as we continue our work in these regions.


  • Benefits to donating via digital currencies: During the 12 weeks, we monitored retail usage of the platform through various google and blockchain statistics. Using the charity token platform and other means to donate digital currencies created some unexpected results.
  • Users can donate less, more often. For example, using digital currencies, users could donate as little as 1/25 of a cent, with only a transaction fee of, on average, $0.02c accompanying the donation.
  • Donations were sent peer to peer and received in under 5 seconds.
  • A Qr code reader and scanner were introduced to allow recipients to distribute funds at the recipients' end with others local to their community. This sped up transaction administration and trust by automatically inputting the recipient's account details ready for the user to hit "send" almost instantly.
  • Every transaction is reported on the blockchain, and if the blockchain is public, we can view every transition significantly accounting for the allocated funding.
  • Cost benefits are a significant finding as they reduce the cost of distributing funds. Blockchains also allow "airdrops," where a payment can simultaneously be sent to hundreds or thousands of accounts.
  • The process bypasses traditional intermediaries and authoritarians involved in the allocation and distribution of funds in local and state governments of developing countries. Often this is considerable friction for the movement of money into developing countries as the corruption of officials is very high in retrospect to developed countries.



  • Inconsistent access to digital exchanges and digital infrastructure, such as smartphones
  • Trust remains elusive though the potential of funding sometimes overrides this issue.
  • Fees are still relatively high at several % per transaction. As exchanges charge 1%, transaction and withdrawal fees also reduce impact. These fees could be much lower if the volume of services were higher.
  • Access to the various platforms can be challenging to understand, and the barrier to entry still needs to be reached for people in developing regions. In addition, user interfaces and experiences should be adjusted to suit a less technologically knowledgeable demographic.



Summary and findings of experiments:

In summary, the experiments conducted over 12 weeks suggest that using digital currency to improve economic conditions in developing regions is a highly viable option, despite some difficulties and shortcomings. The efficiency of digital currencies is high, but there currently needs to be more regulations in place to support them as tangible assets or currency. In addition, they offer little to no user protection and can be volatile in price and liquidity.

The potential for digital currencies to serve as financial aid tools is high due to the ability to report accurately and without tampering. However, more time and resources must be allocated to finding real-world solutions for disseminating significant funds for financial Aid. Public blockchains offer a "level playing field" for those with little or no access to traditional banking, such as those living in sub-Saharan Africa. The aim is to provide private access to databases through an additional decentralized app (dApp) that allows purchasing digital currencies specifically for charity purposes.

Additionally, through our understanding of the frictions hidden within the distribution process, we could determine a further use for the digital technology that these currencies are built upon smart contracts. Smart contracts offer us an opportunity to program certain conditions which approve the transaction. For example, a transaction could be as simple as a vehicle purchase or an escrow account releasing funds at intervals over time.

With the additional programming and integration of further smart contracts, money distribution becomes efficient and reduces the majority of the costs associated with distributing financial Aid.

Using a CBDC for each Country could create an unorganized mess of currencies, though a powerful tool if used correctly. Simply put, central bank currencies require very high security and safety standards. If they lower the standards too low far, they risk many additional problems. However, by allowing decentralized, regulated stablecoins and other digital currencies to aid the populations in regions lacking traditional banking infrastructure, regulators could provide securitized gateways (digital exchanges) in and out of the 'two-tiered system.'

Digital exchanges offer this advantage and require simple KYC procedures. Platforms found on google play and apple require less again, allowing users to sign up for an account with no KYC. While initially, this may seem reckless, decentralized finance offers a unique opportunity to stimulate some of the poorest regions in the World that lack identification.

Of course, every aspect of this requires hefty regulations though only in the operating jurisdiction of the exchange or currency provider. The user of a digital exchange requires only a driver's license or formal ID, equivalent to 70 points of identification, as opposed to banks requiring a total of 100 points. Users of mobile banking applications in underdeveloped areas could self-identify, or begin their identification process from nothing, to house a database of under-identified people to help. This is, of course, one of our goals here at Charity Token.

Whatever the course of action, data and its collection are of the utmost importance moving forward.




While generally speaking, Financial Aid and the problems associated with distributing such Aid are perfunctory. The actions taken by GO and NGOs have been temporary and superficial, with a lack of sustainable development being conducted with the many billions over the past 100 years.

With the addition of more service providers year on year, the requirement for more capital to be used in administration grows. With such advancements in financial technology, we no longer need 40,000 US citizens to organize Aid for Haiti. The age of empowerment through technology could leapfrog our efforts forward by many decades at today's effort capacity.

Utilizing technology moving forwards seems needed. By calculating the impact of delivering money, we could empower local communities and help stimulate local economies to self-reliance. Delivering imported Aid is necessary, but only when a disaster strikes, leaving no local resources to purchase. Outside of this, delivering imported goods has only been shown to destroy and unhinge local industries and whole economies. One example is Haiti; in 1970, Haitians produced and exported surplus rice of over 35%; disaster relief after every local calamity since has destroyed the local rice production to the point where they now must import over 80% of the rice needed for just locals to survive.

We are not dealing with tribal communities from the pre-1900s anymore, and as such, require us to empower rather than disempower such communities. Like that of an infant, once they can afford the ability to look after themselves, we must let go and guide the person. Correcting and continuing through the progress of education and knowledge and allowing them to make mistakes is human nature.

Financial technology can allow this flexibility to give such opportunity to those in developing Countries. We can provide the local people their right to decide, their right to a better life, and we can do it quite easily if we allow it.

We could use blockchain technology to manage financial spending and grant manage and distribute funds using the same global database. We should focus on accurate reporting data to save organizational time and money. By funding local charities directly, we bypass the potential for misuse and skimming of funds. We can account for every dollar and even pre-allocate funds instead of issuing large unaccountable budgets.

The future has many more financial opportunities, especially for those in developing Countries. Policymakers can now have a more robust reporting arsenal, and the administration avoids distributing funding more accurately, allowing for a much higher impact rate for funding.

Finally, we now live in a time where there is an abundance of local charities in nearly every region of the World. The people who direct these organizations are caring, compassionate people who desperately want change for their community. They have gone through the process of formally registering their organization and seeking out needs from their community daily. They understand the requirements to better the local community and, most times, have already received quotations for every development they require, e.g., water bores and labour force requirements.

Efficiently utilizing this vast network only requires the use of efficient administration software. We previously had the databases for this but not the financial instruments to distribute and account for the Aid. Well, now we do.













Deaton, A. (2003). "Health, Inequality, and Economic Development." Journal of Economic Literature 41 (1): 113–158.

Ntouda J, Sikodf F, Ibrahim M, Abba I. Access to drinking water and health of populations in Sub-Saharan Africa. C R Biol. 2013 May-Jun;336(5-6):305–9. doi: 10.1016/j.crvi.2013.06.001. Epub 2013 July 18. PMID: 23916208.

BIS Papers No 128 Central bank digital currencies in Africa by Enrique Alberola and Ilaria Mattei

Ozili, P. K, Central Bank Digital Currency Research Around the World: A Review of Literature (January 5, 2022). Journal of Money Laundering Control, Available at SSRN:

Charity Token Economic Report 2023 – Distribution Model for Financial Aid in developing countries. (10/01/23) By Christopher Manski

Relief goods distribution problem: Considering donation strategies, fairness, and interventions, Progress in Disaster Science, Volume 12, 2021, 100198, ISSN 2590-0617, - Yingzhen Chen

Evidence on Corruption and Humanitarian Aid – Paul Harvey, Humanitarian Outcomes (2015)

Case, A, and A Deaton. 2005. "Health and Wealth Among the Poor: India and South Africa Compared." American Economic Review: Papers and Proceedings 95 (2): 229–233.




Charity Token Mobile application – (








Charity Token Pty Ltd:

Charity Token is an Australian-based start-up Company aiming to improve the lives of millions living in some of the poorest regions on Earth. They have developed a peer-to-peer blockchain application to build a network of charities located primarily in underdeveloped countries. With strict criteria, such as every charity must be locally registered and in service, we now have over 75 charities situated in parts of Africa.

The purpose of this platform is to utilize blockchain technology for moving charitable funds across borders using only telecommunications networks to stimulate whole communities.

With over a million local charities providing services to those most vulnerable, technology could be responsible for many developing communities being lifted up and out of extreme poverty. In addition, local charities, with their drive for change, expertise in identifying needs, and local knowledge, have the potential to drive significant economic progress in their communities.

#cryptocurrency bitcoin     #term cryptocurrency     #strong cryptography     #popular cryptocurrency     #encrypted hash     #behind cryptocurrencies     #specific cryptocurrency     #ledger technology     #electronic cash     #virtual money     #blockchains ledger     #digital money     #payment systems     #hash codes     #digital wallet    

A cryptocurrency is digital or virtual money that is secured with cryptography, making it virtually impossible to counterfeit or double-spend. A cryptocurrency is a form of digital money, an alternative form of payment created using cryptographic algorithms. 

A cryptocurrency – also known as crypto – is a type of digital money designed to function as a medium of exchange. Cryptocurrency is a digital form of money that uses cryptography to protect processes involved in creating units, conducting transactions, and verifying ownership exchanges. Cryptocurrency is a form of electronic cash that does not depend on a central bank or trusted third parties for validating transactions and creating new units of currency.

Blockchain is a technology that allows cryptocurrency to function as a currency issued by the government (fiat) currency, without any involvement from any central bank or trusted third parties. Blockchain is secure by design, thanks to the decentralized – and public – nature of distributed ledger technology, as well as the encryption processes each transaction goes through. Anyone can participate in and contribute to the blockchain, but data about individual transactions — and the individuals involved with them — is secured using cryptography (the foundation for the term cryptocurrency). 

It uses cryptography (the practice of communicating securely with a third party) to secure and validate transactions, and also to oversee creation of new units of a specific cryptocurrency. In contrast, cryptocurrency uses cryptography to validate transactions in a public distributed ledger called the blockchain, allowing for direct, peer-to-peer payments. It is also highly inauthentic because of the Blockchains ledger system, which handles currency. 

A cryptocurrency is monitored and organized through a peer-to-peer network called the blockchain, which also serves as a secure record of transactions, such as buys, sells, and transfers. The popular cryptocurrency Bitcoin operates using a blockchain, allowing bitcoins to digitally trade anonymized, highly encrypted hash codes over the peer-to-peer network. Cryptocurrencies have no real-world physical form, instead existing on a server within the blockchain, which stores data regarding transactions within blocks with no personally identifiable factors.

A cryptocurrency is pretty much like a real-world currency, except that it has no physical manifestation, and uses cryptography to function. A cryptocurrency, cryptocurrency, or cryptocurrency is a digital asset designed to function as a medium of exchange, in which the ownership records of individual coins are stored on a ledger that exists as a form of a computerized database, using strong cryptography to protect transaction records, control the creation of additional coins, and validate transfers of coin ownership. Other advocates prefer blockchain technology, which is behind cryptocurrencies, as it is a decentralized computing and recording system, and may be safer than traditional payment systems. Cryptocurrencies also have other disadvantages, including a lack of security for holding the currency in a digital wallet, use of the technology in crimes, and slow processing times for transactions, as opposed to nearly instantaneous processing by mainstream networks such as Visa and MasterCard. 

#digital collectibles     #digital token     #unique tokens     #digital artworks     #digital goods     #fungible tokens     #digital representations     #digital artists     #digital passports     #digital assets     #nft assets     #digital objects     #digital content     #digital works     #nft markets    

A Non-fungible token (NFT) is essentially a digital asset, or what you might call it, cryptoasset, that has a unique ID and metadata that sets it apart from the fungible token. Basically, the Non-fungible Token converts the digital artworks and other collectibles into unique, verifiable digital assets which can be traded in NFT markets or on NFT Blockchain technologies.    Show Source Texts

A non-fungible token (NFT) is a unit of data stored in the blockchain (digital ledger) that can represent a unique digital object such as artwork. A non-fungible token (NFT) is a unique digital asset representing the ownership of a real-world object such as art, video clips, music, etc. Non-fungible tokens, or NFTs, are pieces of digital content linked on a blockchain, a digital database at the heart of cryptocurrencies such as Bitcoin and Ethereum.    Show Source Texts

From art and music to tacos and toilet paper, non-fungible tokens (NFTs) are being sold like exotic Dutch 17th-century tulips: Some are selling for millions of dollars. The most common NFT assets are digital artwork, digital collectibles, pieces of content such as videos or audio, and event tickets.    Show Source Texts

NFTs can be used to commodify digital works, like digital artwork, video game items, and music files. Because NFTs have value that is determined mostly by the market and demand, they can be bought and sold like other physical types of artwork. The types of NFTs are extremely diverse, but could be in the form of digital artwork, or a musical file — anything that is unique, that can be stored digitally, and is considered valuable.    Show Source Texts

NFTs are unique digital objects that can be interesting to own, or even lucrative to exchange. The core concept behind NFTs is that they let you invest into a tangible or intangible object through a unique digital token. They are digital representations of assets, and they have been likened to digital passports, as each token contains a unique, non-transferable identity that differentiates it from other tokens.    Show Source Texts

NFTs can only have one owner at a time, and the use of blockchain technology by NFTs makes it easier to prove ownership and transfer tokens among owners. NFTs create unique tokens that can prove ownership and convey rights to digital assets. Different types of digital goods can be tokenized, like artwork, items from games, and stills or videos from a live stream – NBA Top Shots is one of the largest NFT markets.    Show Source Texts

Even celebrities such as Snoop Dogg, Shawn Mende, s, and Jack Dorsey are taking interest in the NFT, producing one-of-a-kind mementos and art pieces, and selling them as NFTs that are backed by securities. After the first-ever artwork to feature the NFT – a digital artists Beeple image collage for an astounding $69.3M – at Christies auction last week, non-fungible tokens suddenly caught the attention of the world. Most NFTs have a unique properties, and can be made out of any type of digital content, such as photos, art, music, GIFs, or a video clip. They are so versatile they could even incorporate tweets and memes into an NFT market. 

#charitable organizations     #charity foundations     #public charities     #charitys goal     #charitable tax     #qualified charities     #private charities     #monetary donations     #profit organizations     #public benefit     #needy persons     #humanitarian terms     #private organizations     #direct benefits     #tax advantages    

A charity is something that is gifted or donated to an organization or individual in order to help them or to benefit them. Charitable giving is the humane action of giving money to an organization designated for a particular purpose in order to help people who are in need. The practice of charitable giving means giving voluntarily of ones aid to people in need, acting in humanitarian terms. Charitable organizations function as public charities, or as private charities.    Show Source Texts

Private foundations generally use their funds to grant to public charities, or make gifts to charity, religion, education, or other causes which benefit the general public. Private organizations, overseen by a trustee or by the donors themselves, generally make grants or gifts to public charities. Most states require non-profit organizations to be registered as charities if they solicit donations from the general public in any form, and, as we saw, private charity foundations are eligible to become charities without necessarily soliciting donations at all.    Show Source Texts

What is more obviously different about 501(c)(3) charities than other nonprofits, though, is that donations made to 501(c)(3) organizations are tax-deductible for their donors. There are tax advantages to both charities and donors because of direct benefits to the public, resulting in qualified charities being exempt from paying federal income taxes. To qualify for charitable tax-exempt status, organizations cannot engage in many political activities within the meaning of the federal 501(c)(3) code, while most political organizations and labor unions are covered by other sections of the code.    Show Source Texts

If the purpose of the non-profit is education or religion, if it provides funds or services that assist with medical research, or if it advances a cause that could in some way benefit the public at large, 99 percent of the time the organization is known as a charity. A charity’s goal must be solely for something known as public benefit (see below). Charitable organizations may be based in education, religion, or they may also be based in activities that are of a general interest. 

The laws and regulations for charities depend on the country or area in which they were established and operated. Charities are funded by either the government or private sectors, either by monetary donations, by not-monetary donations, or by volunteers. Donations made for causes which indirectly benefit the less fortunate, such as donations made to finance cancer research, are also charities. 

Charity is usually given with the assurance it will help a person and provide some kind of relief, or to their education and progress. Charitable organizations are there always to assist needy persons that require assistance and to give them safe surroundings for them to lead better lives. Universities offer aid for student fees for lower-income families, medical studies may mitigate problems such as asthma, a specific issue among poor people, and churches undertake various activities to assist the needy. 

# Fundraising In The Future

The future of fundraising is already here, and it is about as simple as acknowledging that donors are important now more than ever. The answer depends, first of all, on funders getting smarter about building deeper, meaningful relationships with their donors, offering them more tangible benefits and hands-on involvement. Fundraisers will have to get smarter in order to develop lasting relationships with donors. In the future, engagement and relationships with donors will have a higher value. Because technology is going to be so influential on the way that fundraising is done, there is going to be a greater demand to cultivate a personal relationship with donors, even when behind a screen. In the future, fundraisers are going to need to become even more protective of donors information, given the little amount of privacy that is available on the internet already. In the future, donors are likely to be more likely to give via mobile, which will also create an increased need for creating a value-added experience for donors who are met in person by a fundraiser. Just as the trends we are seeing in FinTech bringing higher-quality tools to smaller organizations, managing repeat donors with fundraising technologies will enable any non-profit organization to receive more donations online. The increase in QR code use to promote donation pages and share information will also be a way for nonprofits to convert their physical mailings and move donors into an online system, allowing simpler tracking across the board. Technology will offer better ways for organizations to tell their stories to donors. Technology has been an incredible help for charities and their fundraising. Today, there are many tools and platforms available to automate our communications, track donors engagement activities more efficiently, and help us determine what segments of our database are most likely to renew, become large-gift donors in the future, or be one-and-done donors. Many working in philanthropy think bringing on board new technology tools will optimize fundraising, boost gifts, broaden donor pools, and lower costs. Improvements to tools such as surveys, as well as critical steps such as listing management, are only the start of what we are going to see happen to the future of philanthropy and fundraising. In the coming years, these combinations of data, communities, and smart technologies will fundamentally change fundraising as we know it, making interactions among staff, volunteers, and donors more personal, more smart, and more efficient than ever. The growing amount of data and the predictive capabilities of AI will allow donors to make more impactful donation decisions going forward. Personally, I believe artificial intelligence, much like social media analytics, has the ability to give fund-raisers insight faster and in more effective ways, as well as give prospective donors quick, simple experiences. Using tools such as analytics and predictive modeling can increase ROI, since you are sending mail to the right audiences, save money, as you are not sending printed pieces to people that are unlikely to renew their support, and help you to raise more money in general. Organizations who invest in using their data intelligently will increase their retention rate. Invest in technology to make fundraising more efficient and efficient. A well-developed fundraising strategy will take advantage of past successes and opportunities to help your organization grow year over year. Ultimately, a well-rounded fundraising strategy will help your organization raise more money and access longer-term support. Right now, funders must be focused on retention, increasing the value donors place on their giving, and engaging supporters through a series of more sophisticated paths of involvement. Not only must fundraisers look for distance-based, creative ways to connect with donors, but they must make conscious efforts to broaden the diversity of their donor pipeline. Charities must place themselves in a intersection between inspiration and solutions, that is how their fundraising becomes a 24/7 campaign. As a result, charities who are able to respond, are the most efficient, and are the most inspirational, will be in direct contact with donors who want to turn the tide. Some fund-raisers, however, will become better at understanding donors motivations to give, and responding to those in a creative way. Most fundraisers, of course, will not make this jump, and thus the majority of donors will continue to feel as uninspired about charities and the people who work for them as they do today. Even if I personally can simply brush my disappointment in the massive solicitations on Giving Tuesday, a lot of donors wont. If a lot of those younger folks dipped their toes in the registry waters and saw that being philanthropic meant being treated like a piggy bank (waiting to be broken) or having to deal with invasive solicitations that were not appropriate, we would sour giving to them entirely. In fact, you can bet that for many donors, sending 4-6 emails with increasing urgency sounds is going to create very negative associations of the IKAR, and they will never think of donating to them (no matter how effective). In the hope of encouraging optimism, I added a few practical things to the sidebar of the chart, which funders could begin doing right away in order to forge a more meaningful relationship with their donors, in order to make donors happier, and thus to prevent a wholesale defection down the road. Donors having their money abused and abused, and being reported on by the press, is a problem facing legitimate fundraisers today, and one they will likely have to keep surmounting going forward. If we have major fundraiser shortages now, particularly among younger professionals, the future of the nonprofit fundraising profession, and of philanthropic long-term income, is in serious jeopardy. When you have a fundraising idea that has broad appeal, crowdfunding tech platforms and messaging apps are becoming a popular way to reach younger donors and their networks. Donors can make contributions with a few taps of a phone, and they are amplifying their influence through peer-to-peer fundraising platforms that seamlessly integrate with social media accounts. Smart fund-raisers will realize that successful communications are less about what they want to say and more about what donors are willing to listen to, and how the fund-raiser can craft it in an intelligent way.

Social Impact Investing


What is Social Impact Investing?

This is a form of investment that both helps a social cause and allows for potential profit. In recent years, the way people invest their money has shifted. The younger generations are wanting real change with their money. They are living at home longer, socializing online more and care for social causes a lot more.
Impact investing and social investing have subtle differences. Social without impact means that investors seek to invest for social means, to be a part of something. Impact is the terminology used to make a difference to the social causes. This portrays a more serious approach to where the money in invested.
Many banks have conducted surveys since 2014. They found an increase of 75% of investors became interested in sustainable investments.

Is Social Impact Investing for me?

People invest for many different reasons. When researching if impact investing is right for you, these questions will help.
  1. Why am I investing? Social investments often return lower profits, although this is not for all funds. Investing this way is a trade off between profits and helping achieve a better World.
  2. Where is money money best used? Not all investments are equal! Some have greater impact, some have better returns or flexibility.
  3. Should I diversify into Social investments? Social investing has skyrocketed over the last few years, profits are for the early. Diversification has always played it's part but only you can make that decision.
  4. Why is Impact investing even a thing? It may seem strange to want to profit from a good thing. But psychology shows us this is the only way to incentivize more people to place their money in that cause. Many do not care about something until they have invested into such cause. This can be emotional or money invested, it is the same effect in our minds.

Where do I start?

While finding somewhere to invest in social causes can be difficult. Charity Token is bringing simplicity to the game. Our mobile app allows individuals to invest in Charity. The platform has an ever growing list of nonprofits and charities from around the world.
To make Charity a two way street so we could invest. We had to design a two economy. This was only able to happen using a cryptocurrency and token economy. Users will buy tokens in exchange for local currency e.g. dollars and then be able to access the apps features.
From here, individuals can be donators or investors by deciding what action to take. They can donate some or all, of their tokens. Or hold the tokens in the digital wallet to take part in the fee distribution.
You see, the community rewards the community. As users donate or transact on the network, the smart contract removes a fee of 10%. This is then distributed amongst token holders, Charities and the liquidity pool. All designed to increase the price and scarcity of the token. This incentivizes people to hold the token as investment and passive income.
As we see more causes joining the platform, the adoption rate will increase. this rewards the earlier adopters and so on.
The Charity app could help in situations like the Ukraine war. DeFi is without borders. Value moving without banks but through mobile phones and data networks. Therefore we can verify and send money in a peer to peer fashion directly to those in need!

The future of Social Impact Investing

We are working hard to bring this line of investment to the forefront of the next generation. NFTs show promise to provide the flexibility and security needed to pioneer SII. Charity Token is in design phase of a revolutionary new way to fundraise.
Our app will allow a greater inclusivity but if you prefer alternative methods we have added them here!