Hello everyone!
My name is Lea and I am posting this on behalf of my team at Charity Impact. Charity Impact provides a multichain platform for individuals and companies to donate to nonprofit organizations (NPO) globally in both fiat and cryptocurrencies. Our goal with this platform is to empower the worldwide charity network through decentralized finance. To date, we have successfully integrated strategies within our platform to allow for donations in fiat and NEAR Protocol. We now wish to enhance our multichain offering by integrating with Cardano. We have submitted a proposal on Catalyst, currently under the “Community Review” stage, for voting later on in the year. In the meantime, we would love your feedback on our project!
There are currently numerous crowdfunding platforms available for fiat currencies or single cryptocurrencies, and very few multichain solutions. This fragmentation forces charities and nonprofit organizations to create campaigns on multiple platforms, leading to inefficiency and impracticality, and hampers investors’ abilities to source verified charitable projects to which they wish to contribute.
Charity Impact seeks to mitigate this problem by streamlining the fundraising landscape. Using our site, complex fundraising campaigns and donations administration are managed with our integrated project-announcement feature, custom landing pages, widgets and CRM donation tracking, allowing our NPOs to redirect their resources to focus on their core mission. Donors benefit from the platform’s database of verified and legal charities, its offering of various currencies, automatically generated tax receipts, and its updates and reports features, which allows charities to share their accomplishments directly with their investors. Furthermore, our platform aims to empower the worldwide charity network through DeFi. By enabling charities to receive contributions in different currencies, charities can expand their opportunities for financial support. Once integrated with Cardano, investors will be able to donate directly to our registered NPOs in ADA.
In order to turn this project into a reality we are seeking funding for the integration which is expected to take a maximum of three months. The project will be developed using PHP integrated with Python. We have already tested our concept through the successful integration of NEAR Protocol into our live site. Our team will now use our existing architecture that is currently running our platform to integrate with Cardano. The total budget of $17 000 USD will provide crucial support to our two developers through the integration process, and will be split over three milestones:
Milestone 1 : wallets/back end
Duration: 4 weeks
Budget: $5 000 USD
Deliverables:
- Integrating the Cardano wallet;
- Integrating the automatic generation of the wallet for each organization.
Milestone 2 - front end
Duration: 6 weeks
Budget: $10 000 USD
Deliverables:
- Integrating ADA into the existing payment form;
- Integrating ADA into the existing donation tracking system and the CRM;
- Integrating ADA into the email system;
- Integrating ADA into the real-time currency evaluation function;
Milestone 3 - final testing and changes
Duration: 2 weeks
Budget: $2 000 USD
Deliverables:
- Final testing and changes.
Once Cardano has been integrated, every NPO we onboard onto our platform will have a Cardano wallet automatically generated and managed by our back-end system. This allows investors to donate directly to the NPOs in ADA. Once our site has multiple blockchains integrated, we will migrate our existing charity network from the South American Initiative and BeeTogether to the new platform. With each wallet and transaction generated through our site, we empower the ecosystem of each integrated crypto-currency and add to the value of the coin itself. By running ads we aim to boost the platform and increase its reach, bringing more people into its ecosystem. These advertising and social media campaigns aim to benefit Cardano as well, amplifying Cardano’s visibility and brand recognition.
Charity Impact has the potential to have a significant impact by reaching a large number of people and providing substantial value to the Cardano ecosystem. As mentioned above, our platform aims to increase activity on the Cardano blockchain, generate new active Cardano wallets with every onboarded NPO, and promote Cardano through Charity Impact’s social media and advertising campaigns. We will also gladly share our integration code, so that other developers can use it to build on Cardano. Furthermore, a blockchain’s involvement in social good is beneficial on multiple fronts. Firstly, it enhances their reputation as responsible actors in the digital landscape. By actively contributing to social causes, blockchains demonstrate their commitment to making a positive impact. Secondly, aligning with social good meets the expectations of an increasingly conscious public. People appreciate and support entities that prioritize social welfare. Finally, the collaboration between corporates and blockchains amplifies their collective ability to drive meaningful change in the world. Together, they possess the potential to tackle global challenges and foster a better future for all.
With its focus on leveraging blockchain technology for transparent and efficient charitable giving, Charity Impact aims to revolutionize the philanthropic sector. For now, we are still in the initial stages. We have recently reached an important milestone, onboarding our first NPO onto our site. We aim to onboard at least 19 more before the end of the year. We also aim to onboard a minimum of six cryptocurrencies before the end of the year. We truly hope that Cardano will be among these six. By investing in Charity Impact, Cardano will be contributing to a project that has the potential to revolutionize the way individuals engage with charitable organizations. With the power of technology and collective action, we can empower change-makers and magnify the impact of charitable initiatives, ultimately creating a more compassionate and equitable society.
Please find our website here, https://charityimpact.io/, and our recently launched socials here, charityimpact | Twitter, Instagram, Facebook | Linktree.
Please let us know what you think, and whether you have any questions, comments or suggestions that could help our project going forward. Please also engage with our project during the voting process. By doing so, you will be helping to connect charities to decentralized finance!
Thank you for giving your time.
Best,
Lea