Giftcoin – A Reliable Way of Giving to Good Causes

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Aristotle made a very accurate statement when he said that giving money away is an easy matter and in any man's power. However, is neither in every man's power nor an easy matter to decide to whom you give, how large and for what purpose. It still applies to our days as we can look at the recent tragic events that happened around the world. Some people just don't bother to make a change, as long as the event does not affect them. But then there are those who care about these causes, even if it's just a little bit. However, most of us still find the act of giving quite challenging because it usually comes with uncertainty and a whole lot of doubt.

Safe Giving through Giftcoin

Giftcoin represents the world’s first cryptocurrency for charitable giving and good causes. This revolutionizing project comes with a new system that helps both donors and charities.
Thanks to blockchain technology, the platform is designed to offer its users full transparency.

Donors will regain the trust once compromised in the charity sector after they will track their funds and see precisely how their money is being spent. Furthermore, people feel encouraged to give more to causes when they know and are constantly reassured that what they donate will definitely reach the people in need. In some of the press releases, Giftcoin stated that the technology they use is designed to increase transparency by following expenditure of funds, keeping donors completely informed about the destination and impact of their giving, and ultimately restoring public confidence. Therefore, through great transparency, charities earn more money to increase their impact on the world.

3 Easy Steps to Follow

On their website, Giftcoin shows how the app works when you want to make a donation. In short, these are the three steps you have to follow:

• Browse and discover your project on the platform
• Make a donation to charities or individuals in crypto or fiat tokens
• Track your impact – a record of purchases is transmitted through blockchain showing exactly how your funds are spent.

Give as You Spend Feature

The Giftcoin App also offers a great feature that helps you accumulate Giftcoin while you’re doing your daily purchases. Believe it or not, your small change can make a really big impact on the world. For instance, let’s say you buy your lunch and get some spare change: the system will round up your payment to the nearest dollar and convert your $0.50 or $0.75 left into Giftcoin which will be stored in your wallet. This difference could support a refugee crisis project or contribute to children’s education.

There are three methods of donating within the platform: automated wallet giving (each month), manually giving or accumulating Giftcoin to use for future causes.

So how about this type of generosity? If in the beginning, we talked about Aristotle's concept of generosity which is giving the right amount to the right people, with Giftcoin, this matter is no longer a problem.

Want to find out more about Giftcoin? Read their business plan and join the token offering at their official: Website, Bounty Thread, ANN and join the Telegram group.