GiveyNation is a community fundraising dApp (Decentralized Application) in development that will run on the EOS blockchain, the application aims to solve issues with transparency and trust in the charity sector, we believe that donors should be able to see exactly where their money goes and the social impact it has made.
We believe that the whole not-for-profit, charity and general peer-to-peer fundraising sector is broken, a lot of this is due to over-regulation, middlemen and high fees. We want to create an autonomous community where people can be connected with causes without restriction heavy fees and with total transparency – the traditional charity fundraising market is dominated by large charities with huge overheads and a lack of accountability to their donors, we are going to change this!
The charity sector as it exists today you have regulatory bodies which decide on what qualifies as a charitable cause, created barriers to entry and supposedly instills trust in the community – we want to build a community of people connected via the GiveyNation dApp. Donors will be able to see exactly where their money is going through the power of smart contracts, this technology will also act as protection against fraudulent projects and bad actors. This is an incentive for the charity or charitable cause to honor their promises.
2018-06-27 / Source: https://giveynation.com