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.
- 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.
- Where is money money best used? Not all investments are equal! Some have greater impact, some have better returns or flexibility.
- 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.
- 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!
Crypto for Charity
What is crypto?
"Crypto" is short for cryptocurrency. It is a trustless technology designed to move value fast and cheap. The underlying smart contracts execute transactions based on conditions. The code verifies that both parties agree and the products are available. once this happens, the transaction goes ahead.
What problems does crypto solve?
In a world becoming untrusting of one and other, the way we transact between each other needs to evolve. Blockchain is the next money evolution to take place. It allows Countries and Individuals to trade goods and services with one another. Without having any trust in the other persons character. This kind of technology will dominate the future of finance.
The second benefit to cryptocurrencies is the flexibility when offering incentive to individuals. Because blockchain apps utilize token economies, they allow for a greater reward incentive. The flexibility offered by blockchain is far greater than that of traditional apps.
How can crypto help Charity?
Charity is long overdue for a culture shift. In recent years, we have seen a rise in fraud within the nonprofit sector. The public trust looking in at the Charity sector is at an all time low. With the most charitable generations getting older, the sector is seeing less interest. If it intends on being successful in the charitable cause, the sector needs an upgrade.
This is where crypto can help Charity. Cryptocurrency is the most inclusive technology yet. Many younger people flock to crypto as a means to earn extra money, collect NFTs and socialize.
The culture is shifting fast to digital ownership over physical items.
Charity Token is one example. It is the worlds first p2p donating app. Users can buy tokens, earn on those tokens or give them to a charity. Use it like a cash app and gift some p2p style to another person.
Token holders earn a share of the transaction fees. Charities earn a passive income by receiving 2% of transactions.
Never has the nonprofit sector been so inclusive! Charity Token is also a stand alone digital wallet app. Meaning users download this blockchain app from the google and apple play stores.
Charity Token is set to become a gamechanger to Charitable fundraising. Providing a Charity app that rewards users based on the amount of tokens they hold.
This application could serve as a tool for wealth distribution. Providing a transparent and public accessible transaction statement of account. Public trust for the nonprofit sector increases tenfold.
Cash apps are great, but they are not able to reach those unbanked around the world. This is because in low income Countries, many can't access traditional banking services. Reasons such as fees, KYC and infrastructure are unable to include this demographic. Over 2 billion people are without access to banking in the world. This could be zero and here is why.
- Decentralized finance or DeFi allows money to move without banks and borders.
- By using a digital token as the native currency to the platform, we allow for a universal medium of exchange.
- The transaction happens in seconds, the value is then sold into the local currency.
- When governments issue CBDCs, DeFi and other blockchain products will integrate.
- To move value on a blockchain, one only needs a wallet address. As opposed to account names, currency type, bank verification and more complicated tabs.
Charity Token and the future of apps
Donating apps will have some ways to go if they intend on keeping up with Charity Token. The unique feature that "everyone receives donations" is a reward that many could use. It rewards real value to people all around the world that have a mobile phone. It requires no banking service. Charities on the platform receive a passive income via the 2% fee that's given to them each time. Never has a donating app guaranteed donations to a nonprofit organization.
Trust is the only issue. After the repetitive scams across the crypto market, many are in distrust. This is understandable and with cause. We will start to see regulations tame crypto, this will improve the reputation. Charity token is at the forefront of blockchain app quality and trust. We have designed an app that has protections in place against such vulnerabilities. Built as a DeFi currency of the Charity sector.
We look forward to building our Community of generous and caring people that want to see change.
A Donation app for Charity
What is a donation app?
A donation app is a software application that facilitates peer to peer fundraising. These platforms help small charities to spread awareness and raise funds. Until recent innovations in digital money, they have been only a form of p2p transacting.
While this is very beneficial to communities without access to traditional banking services. It is not very inclusive, meaning the money that users distribute is only from money sourced close by.
Because of the identification and fees required by the central banks. As many as 2 billion people are "unbanked" in the world today, that's 25% of the population!
So how can modern Donation apps help?
With modern technology now cheap to own, it has spread to the 4 corners of the earth. Low income countries are skipping a technological generation. No flushing toilet yet a mobile phone. This could see the fastest shift in low income living standards in history, if we take advantage.
Charity Token is a great example. A simple and easy user interface with an always increasing list of charities. This app uses blockchain technology and a smart contract to transact. It has it's very own native currency which you must buy to use the app. These tokens are then donated, given or used to buy things like NFTs. By holding tokens in your digital wallet app, you earn a share of fees taken from users when they transact. The application encourages "sustainable giving". This means donating some of the profits you make from fees. But it is optional according to your personal situation.
Charity apps are somewhat new, but already have adoption in countries like Africa. Statistics state that over 67% of Africans use a cash app donation system.
How to we close the wealth gap?
With technology at our fingertips, we have an opportunity. We gather data from platforms such as Charity token. Use the data to provide funds in a fair manner. This is true Charity. Why give money to a huge multinational with no intention of putting themselves out of work. Give it to those in need, peer to peer style.
The problem lies in perception. Many assume such Organizations are good, that they solve. When in fact, they only keep the wheels greased. Accountability for a huge Charity is so low. The reporting standard is woeful. Teach a man to fish and he will eat free forever. When billions only need several dollars a day to live, why are we not donating more often? It is due to the poor Charity culture. One with low public trust, we can repair this image with blockchain and it's transparency.
Charity Fundraising made easy!
Many ask "how do I fundraise?" but they need to ask. "How do I fundraise to stand out?". The conventional methods of finding donation funding is becoming difficult. Many don't have the money to give, but the case is more complex than this. People still want to give, but they will always give to themselves first. This is why we need to incentivize them to give. What better to incentivize more Charity, but with money! People love money, regardless of why they need it. They want more of it! But how to we involve more people in the nonprofit sector and reward them all?
By offering them tokens! Charity Token is an application that is for this purpose. By issuing tokens that hold value, it gives a huge incentive to be on the platform. The network removes 10% of each transaction and gives it to the various token holders. This includes our registered Charities.
Fundraisers and Charities only need to have donations sent to a profile address. This is like a bank account, but for approved cryptocurrencies. Users buy the Charity tokens right off the app.
What does the future hold for Charity Token?
The app is due to go live for download June 13th 2022. This gives the public time to get familiar before the July 1st public sale of the tokens. From there, Charity Token will start the development of their Charity NFT platform. This will enable users to pay or Non fungible tokens with Charity tokens. Not only this, the platform will allow us to tokenize sustainable projects. This will include farmlands, stories and other causes.