Splitting rewards: better way to to make donations

The next hardfork will give us a new feature: an option to split the rewards that you earn. This is designed mostly for alternative user interfaces so they can make money by taking a small percentage of the rewards their users make.

But it came to my mind that this feature can be used for other things, too. For example, making donations for charitable organizations. Basically you just set a certain portion of your rewards to be automatically donated to a charity you want to support.

This is a great way to make donations. If you do a donation by tipping, you must take action every time to do it. While it's not a big effort, it's still something. Most people are too lazy to do it, even if they actually would like to help. It's also great from the charity organization perspective. Splitting rewards is like making a subscription donation – when it's set up, it will happen automatically in the future. Unless you screw up something and make people angry, you continue to get donations without any extra work to get them.

It doesn't need to be a traditional charity. The organization itself can be made just by setting up a new account controlled by multisig. Periodically those who control the account use the money to support the cause they want. This can be used to show to real charities that this funding model actually works if they are skeptical about it.

This can be also used to help the price of steem. Users can now easily burn part of the reward and reduce the amount of liquid steem. When there is less liquid steem, there is less supply in the markets.

Normally, if you don't want to get a payout, you choose to decline it. But that doesn't destroy your earnings, instead other users get little bit bigger rewards. With this feature you can send part of your rewards to @null (which means they are destroyed).

Btw, is there an easy way to see who has burned the most tokens? Currently @null is used to destroy the post promotion money. We should have a list of users who have helped the community by using it the most. Those people have deserved our respect!

And the best thing is? You can actually set as many beneficiaries as you want. You can donate to different charities and burn steem at the same time!

Can you come up with other usecases? Let's hear them!