Challenges Of Charity Fundraising In Crypto

ervin-lemark (71)in #donation • 6 years ago

All we can do is sit and wait.

You design a charity fundraising campaign for the people in need.

You go through the motions, attract people, convince them to participate, collect donations, make reports, keep transparency and integrity, count funds collected ...

Only to see the possible funds disappearing in front of your eyes.

Yes, I am talking about the general sentiment with cryptos in the last weeks. The word is correction, I guess ...

Well, I've had enough of this correction in the wrong direction. Let the tide turn now.

When I published the first report the values of SBD and Steem were $3.61 and $3.32 respectively.

At this moment they are $1.70 and $1.65 at Bittrex. You do the math ...

What will I do?

I'll wait and hope and pray that the tide turns. Turns for good. Then and then only will I convert the funds to fiat.

Enough of lamenting ... Back to the business of doing good!

Funds Collected So far

All collected funds are accounted for in this Google Spreadsheet.

The total collected sum in Dollars is $444.60.

#   Day         SBD     STEEM   SBD     STEEM   
    rewards by ervin-lemark     donations           by
------------------------------------------------------------------
1   02/27/2018  10.458  0.050
2   02/28/2018  3.359   0.125   0.030               @zen-art
                                5.000               @seckorama
3   03/01/2018  3.147   0.041           
4   03/02/2018  2.952   0.065   10.073              @asmolokalo
                                0.756               @adisrivastav
5   03/03/2018  3.954   0.031   10.000              @karenb54
6   03/04/2018  2.969   0.028            5.000      @fbslo
                                         2.000      @poss
7   03/05/2018  5.038   0.023            39.432     @blocktrades
8   03/06/2018  4.371   0.059            20.000     @fabien
9   03/07/2018  12.557  0.030           
10  03/08/2018  34.620  0.033            0.001              
11  03/09/2018  6.059   0.026   0.011       
12  03/10/2018  28.799  0.022
13  03/11/2018  0.330           0.001
14  03/12/2018  22.514  0.007   0.003               
15  03/13/2018  3.592   0.029           
16  03/14/2018  17.847                              Report No. 4
17  03/15/2018  8.060                               Interim Reports, Day 9 and 10
18  03/19/2018                                      Interim Report, Day 14
19  03/20/2018                                      Report No. 5
----------------------------------------------------------
funds raised    196.500 67.002
price in $      1.70    1.65
@ bittrex
value in $      334.05  110.55
----------------------------------------------------------
total value in $        444.60

As you can see from the table there are two outstanding rewards left to collect.

You can still donate directly, of course. Thank you!