WHAT IT ACTUALLY IS:
B-charity is an online international charity organization which runs on blockchain technology. The blockchain technology there makes sure that the donations which are being made to the charitable organizations are being done in a secretive and in a safe manner and no third-party has any mean to interfere in it. The donations and transactions in a b-charity is done in a secure manner.
The current generation who is aware of bitcoins and cryptocurrency are more socially aware than the others and have more empathy for the needy than most people know. B-charity allows anyone to donate on even the smallest level and at any time they want.
HOW DOES IT WORK?
B-charity works in a way that it allows the donor to select the option between a philanthropist and a charitable organization. It if it is an organization, then they might be asked for a verification or a license to prove their legal existence. And of it is a philanthropist, they will be asked no such questions after they have registered. The charity which is being done will be recorded simultaneously by the blockchain technology. It helps all the charitable organizations and individuals to set a goal and to reach out to it, and not just to keep on donating without being able to reason out their purpose of donation and donate blindly. It gives them a sense of purpose and will to donate for a good cause.
METHODS TO RECEIVE DONATIONS THROUGH B-CHARITY:
There are two ways on which the charity can be received:
METHOD NO.1:
The people who have their bank accounts linked to b-charity can withdraw the money from their b-charity wallets. Ethereum wallets will receive the funds which will be withdrawn so that they are able to accept the funds by the ethereum erc20. Due to that, the b-charity organization can exchange the cryptocurrency into the real money and can be used in the funds needed for charity.
METHOD NO.2:
The organizations that have arranged the specific number of donations required for the charitable use but are having difficulty in handling the transactions in bitcoins so they ask for a withdrawal from these transactions. For that, they will be issued a form where they will be given the procedure of their request to withdrawal and the donations will be transferred to the verified bank account. The following things will be required for the withdrawal of funds to the account:
• A request should be submitted for the withdrawal where the reason of withdrawal and the information of bank account should be given.
• A manual request processing should be done.
• A specific number of token will be wiped off from the ethereum wallet after the request of the withdrawal is approved.
• The tokens will be converted to the rates they currently have and will get a withdrawal to the account the company holds.
• The user has to provide all the necessary details of the transfer of funds from b-charity into the given bank account.
Token Distribution:
Token distribution is divided into three categories .
1.Private Sale:
The sale amount which will be open and available for purchase at this stage of time is 5% (4,000,000 CHAR) of the total supplied token that are for users only. Private Sale token price will be: 1 BCharity Token (CHAR) = $ 0.35 the exact date of conducting private sale will be: 01.03.2018 – 30.03.2018.
2.Pre-Sale:
The amount which will be openly available for purchase at this stage of time is 10% (8,000,000 CHAR) of the total supplied token that are for users only. Pre Sale token price will be: 1 BCharity Token (CHAR) = $ 0.5 the exact date of conducting private sale will be: 01.04.2018 – 30.04.2018.
3.Main Sale:
The amount which will be openly available for purchase at this stage of time is 85% (68,000,000 CHAR) of the total supplied token that are for users only. Main Sale token price will be 1 BCharity Token (CHAR) = $ 1 the exact date of conducting private sale will be: 01.06.2018 – 30.06.2018.
More Information:
WEBSITE: https://bcharity.io/
WHITEPAPER: https://bcharity.io/main/static/WhitePaper_en.pdf
TELEGRAM: https://t.me/bcharity_chat
FACEBOOK PAGE: https://www.facebook.com/bcharity.io/
TWITTER: https://twitter.com/africunia/
BOUNTY THREAD: https://bitcointalk.org/index.php?topic=3053095.0
ANN THREAD: https://bitcointalk.org/index.php?topic=2821049.0
Author: belushiiwuzeree
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2191289
