CATHOLIC COIN PROJECT (ICO 2018)-DECENTRALIZED GLOBAL CHARITY

INTRODUCTION

The practice of charity means the voluntary giving of help to those in need, as a humanitarian act.

Charitable giving as a religious act or duty is referred to as almsgiving or alms. The name stems from the most obvious expression of the virtue of charity; giving the recipients of it the means they need to survive. The impoverished, particularly those widowed or orphaned, and the ailing or injured, are generally regarded as the proper recipients of charity. The people who cannot support themselves and lack outside means of support sometimes become "beggars", directly soliciting aid from strangers encountered in public.

Some groups regard charity as being distributed towards other members from within their particular group. Although giving to those nearly connected to oneself is sometimes called charity—as in the saying "Charity begins at home"—normally charity denotes giving to those not related, with filial piety and like terms for supporting one's family and friends. Indeed, treating those related to the giver as if they were strangers in need of charity has led to the figure of speech "as cold as charity"—providing for one's relatives as if they were strangers, without affection.

Most forms of charity are concerned with providing basic necessities such as food, water, clothing, healthcare and shelter, but other actions may be performed as charity: visiting the imprisoned or the homebound, ransoming captives, educating orphans, even social movements. Donations to causes that benefit the unfortunate indirectly, such as donations to fund cancer research, are also charity.

With regards to religious aspects, the recipient of charity may offer to pray for the benefactor. In medieval Europe, it was customary to feast the poor at the funeral in return for their prayers for the deceased. Institutions may commemorate benefactors by displaying their names, up to naming buildings or even the institution itself after the benefactors. If the recipient makes material return of more than a token value, the transaction is normally not called charity.

In the past century, many charitable organizations have created a "charitable model" in which donators give to conglomerates give to recipients. Examples of this include the Make a Wish Foundation (John Cena holds the title for most wishes granted by a single individual, with over 450 wishes) and the World Wildlife Fund. Today some charities have modernized, and allow people to donate online, through websites such as JustGiving. Originally charity entailed the benefactor directly giving the goods to the receiver. This practice was continued by some individuals, for example, "CNN Hero" Sal Dimiceli, and service organizations, such as the Jaycees. With the rise of more social peer-to-peer processes, many charities are moving away from the charitable model and starting to adopt this more direct donator to recipient approach. Examples of this include Global Giving (direct funding of community development projects in developing countries), DonorsChoose (for US-based projects), PureCharity, Kiva (funding loans administered by microfinance organizations in developing countries) and Zidisha (funding individual microfinance borrowers directly).

Institutions evolved to carry out the labor of assisting the poor, and these institutions, called charities, provide the bulk of charitable giving today, in terms of monetary value. These include orphanages, food banks, religious institutes dedicated to care of the poor, hospitals, organizations that visit the homebound and imprisoned, and many others. Such institutions allow those whose time or inclination does not lend themselves to directly care for the poor to enable others to do so, both by providing money for the work and supporting them while they do the work. Institutions can also attempt to more effectively sort out the actually needy from those who fraudulently claim charity. Early Christians particularly recommended the care of the unfortunate to the charge of the local bishop.

There have been examinations of who gives more to charity. One study conducted in the United States found that as a percentage of income, charitable giving increased as income decreased. The poorest fifth of Americans, for example, gave away 4.3% of their income, while the wealthiest fifth gave away 2.1%. In absolute terms, this was an average of $453 on an average income of $10,531, compared to $3,326 on an income of $158,388.

In reference with this article, Today, I will be presenting you a particular undisputed project called: CATHOLIC COIN

WHAT IS MAIN PURPOSE OF CATHOLIC COIN

CATHOLICCOINS is an ethereum decentralized cryptocurrency that fosters charitable donations globally. Mainly for Catholic investors, it is created to help willing donors find reputable orphanages and foster homes for the elderly, eliminate setbacks, track and vet how their donations are spent.

ABOUT CATHOLIC COIN

A blockchain-based charity and non-profit cryptocurrency, Catholiccoin seeks to provide an all-in-one solution to how we donate transparently on the Ethereum Blockchain. We are aware of the disruptive power of Blockchain technology and that the adoption of cryptocurrencies will signifcantly influence how we donate to charity in the future. As a result, Catholiccoin aims to play a tremendous impact in this innovative period of fundraising. Through our ecosystem of services with a user-friendly interface, Catholiccoin connects the non-profit and charity community while enabling traceability and full transparency of donations. Our quest to restructure the fragmented organizational services in the charity and non-profit industry involves an internal exchange mechanism to convert all donations made in cryptocurrencies into Catholiccoin. We have an AI-powered tracker to transparently track donations, a built-in wallet to receive and donate easily, a secure smart contracts template to effectively run fundraising campaigns, and tools to connect donors with the stakeholders in the charity industry.

BENEFITS OF THE CATHOLIC COIN

• Guaranteeing cash еаrmаrkеd fоr ѕресifics рrоjесtѕ uѕеd judiсiоuѕlу аnd асtuаllу gets tо those specifics venture.

• Trасking thе real utilize оf fundѕ, from the timе mоnеу iѕ gave up until itѕ соnvеrѕiоn intо lосаl fiat monetary standards.

• Check of thе character of the beneficiaries and announcing оn thе blосkсhаin оf thеir fundѕ utilize.

• Following оf regulatory соѕtѕ оf philanthropies with рrоvеѕ of wage аnd еxреnditurе.

• Lessening in exchange соѕtѕ оf mоnеу trаnѕfеr through сrурtосurrеnсу rаthеr thаn money related mediators or government agencies.

INITIAL COIN OFFERING (ICO)

The ICO is a natural supplementary funding source to further accelerate the development and global adoption of the CATHOLIC COIN PLATFORM

ICO ANALYSIS

• 10% оf all gеnеrаtеd соinѕ to сhаritу.

• 10% rеѕеrvе fundѕ: Prоvidеѕ liԛuiditу fоr futurе mоnеtаrу роliсiеѕ and рlаtfоrm funсtiоnаlitiеѕ.

• 20% buѕinеѕѕ dеvеlорmеnt аnd ѕtrаtеgiс раrtnеrѕhiрѕ.

• 20% communication and marketing: Invest in PR аnd marketing campaigns to increase рrоjесt’ѕ awareness аnd tоkеn’ѕ аdорtiоn аmоng donors.

• 40% Prоduсt development: development оf thе Cаthоliссоin.оrg рlаtfоrm, maintenance аnd futurе upgrade.

TOKEN ANALYSIS

CONCLUSION:

Thanks to Blockchain technology and a great gratitude to Catholic Coin Community for creating better and incomparable ideas, in the world Charity

For more information about this project, please! follow the links bellow » » »

★WEBSITE: https://catholiccoins.org

★WHITEPAPER: https://catholiccoins.org/Whitepaper.pdf

★FACEBOOK: https://www.facebook.com/catholiccoins

★TWITTER: https://twitter.com/catholic_coin

★TELEGRAM: https://t.me/catholiccoins

★YOUTUBE: https://www.youtube.com/channel/UCGKK7gzjt-PdjJh_XHOA_Qw

★BITCOINTALK: https://bitcointalk.org/index.php?topic=4529020.0

★ONE PAGER: https://catholiccoins.org/Onepager.pdf

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AUTHOR: Dprince2281