BCharity is a social enterprise for everyone. It is also a first global charity exchange that uses blockchain technology to solve issues of charity industry. Via BCharity exchange everyone can donate money or time either on micro or macro scale. The platform will bring together charitable organizations and those in need by:
An MVP will be presented in June 2018.
The BCharity platform is a global network of organizations and individuals who utilize the newest asset class to ensure maximum donation effectiveness. Blockchain technology will help to transform traditional charity systems. This will be achieved via Consensus Threshold that ensures trust and transparency while addressing AML activity through the use of proprietary technology based on smart contract protocols. BCharity model is based on active partnerships with charities on a global scale. Connectivity will be done with minimal expense. The only condition for entering the BCharity exchange is the provision of confirmation documents to ensure legality and validity of organization/fund.
The platform will offer two ways to receive donations:
BCharity token - CHAR - is a utility token which follows the deflation model. It won’t be possible to conduct any operation on the platform without the token. BCharity will charge a fee for each transaction.
There is a brief outline of marketing plan in the product roadmap. Launch of PR campaign during a Private Sale in March 2018. Marketing and PR campaigns, brand awareness during presentation of the full version of the product in Q4 2018. The team is active on social media platforms, especially on Telegram, where both group and chat have high numbers of followers. Bounty campaign and affiliation program are active at the moment (the project is currently on private sale stage).
Team members have experience in the following fields: technology, programming, management, IT consulting, philanthropy, volunteering, communications, entrepreneurship and design. International advisors provide expertise in investing, blockchain, legislation (including ICO), marketing, sales management.
The project targets charity market and current donation systems. The WP lists the following problems of philanthropy:
BCharity as a social enterprise and an exchange platform offer solutions addressing these real-life issues.
BCharity targets charitable funds/organizations/private funds/philanthropists and all those in need (social organizations and individuals). Further segmentation of those in need: victims of natural disasters, victims of armed conflicts, patients in need of expensive treatments, religious organizations, social programs, organizations rescuing and supporting animals, projects supporting art and culture, educational projects.
There is no competitor analysis in the WP. Although charity industry is not known for quick adoption of advances technology, there are blockchain-based projects in the market, like CharityStars and BitHope. There are also a number of social purposes digital coins like Clean Water Coin and Pinkcoin. Therefore, it is necessary to conduct a competitor analysis to demonstrate competitive advantages of the project, according to analysts from expert-coin rating.
Strengths: Howey test. Scalable roadmap. Clear vision of the market and opportunity within it. The WP is translated in 10+ languages. Team members and advisors have diverse backgrounds, strong team.
Weaknesses: team members profiles should be added to the WP. There is no FAQ on the website. An MVP of the product would be better before public sale, according to analysts from expert-coin rating. There is no competitor analysis.