EthKids: Ethereum DAPP for charity

in #blockchain5 years ago

donate-drawings-750.jpg
EthKids is an open source non-commercial decentralized protocol for charity donations for children.

Using the dynamic bonding curve model for donations, EthKids tries to solve the problem of short-lasting relations with the donators.

Every time a donator pledges his giving, he/she gets several 'tokens' in return.
The token amount is calculated based on the 'personal portion' of the donator, higher the stake, higher the price.
The donator can 'sell back' the tokens at any moment, receiving ETH back.

EthKids runs on Ethereum MainNet for 2 month only and been able to raise 2 ETH so far for the first charity organisation.

Sort:  

This post has received a 44.57 % upvote from @boomerang.