What makes CHARY a special token

What happened with Nobel

• Playing with Crypto
  
  origin

• I created Nobel last year on the Steem protocol. It was a test, a try to be able to create a cryptocurrency.

• Establishing a new, effective donation System
  But I also wanted to establish a system, where a community supports charity helpers. My goal was to be more efficient than NGOs, to bring about 95% of the donations to the targets. I made some mistakes, for example I spread to much token to too many people.

• NOBEL goes CHARY
  Then with the Steem/Hive war, I had to decide how to go on and so I switched to HIVE and with this I got the chance to start from scratch. I created The CHARY System, which works the same like NOBEL, but with 1/10 less token production and with less people staking it. I made some airdrops for the old NOBEL stakers.

->

Problems with abuse

You can get CHARY by writing a post with the hive protocol (i.e. on https://peakd.com or https://chary.org) and using the hashtag "chary". When you get upvotes by the CHARY stakers, you earn CHARY token. This you can sell (and buy) at https://hive-engine.com. I buy regularly CHARY token to bring money into the system. My goal was to support only people, that help other people and write about it. But there are also people, that post pictures from their food or make some selfies and then abuse the chary-hashtag. So about 10% of my money goes to the free riders. One can see the sellers of CHARY here: @achimmertens/wallet

Help from my Wife

Originally I hoped, the chary community would up- and downvote the posts on hive. Therefore they get 5 % curation reward. And with this, there should be no or at least very few abuse. But this community is not build/working yet. When I talked about it with my wife Annette, she stated, that she could support me. So I created a new Hive account and onboarded @annettemertens. She has the same CHARY power than me, so she is also a whale.

Help from @Cryptobrewmaster

I got a chat with @rollie1212 (also known as @cryptobrewmaster). He mentioned, that the chary idea is in principle good, but in detail there are some deficits. For example:

• I am the only one who buys the CHARY token and therefor bring money into the system.
• We need to find more sponsors.
• He suggested to make some advertise in his beer game and in his blogs.
• He also has some projects in the Ukraine which could profit from the chary system.
• He also bought some CHARY token.
• And we should establish a whitelist with a group of projects, that have been found as trustworthy.

CHARY White- and blacklist

origin

Chary Whitelist

People and projects on my whitelist are worthy to be supported (from my point of view). They have proven to be trustworthy and usually deliver good quality of proof of charity.

Hive-Member	Website	Comment
@elkezaksek	https://www.leetchi.com/c/soziales-von-elke-zaksek	She supports needy people in Uganda. Usually she buys solar panels for families. We chatted a lot via Hive.
@m-tennis-academy	https://www.chary.org/@m-tennis-academy	This is @yohan2on, who plays tennis with kids and supports needy people in Uganda (I know him personally).
@dfacademy	https://medium.com/@dfacademy/decentralized-football-academy-dfa-a-nigerian-charitable-football-soccer-academy-8b2c8e4beedb	They play football in Nigeria with children. They have proven two times to me, that they are trustworthy and don't waste money.
@battebilly	https://m.facebook.com/steemituganda	He supports needy people in Uganda
@hope.venezuela	https://www.chary.org/@hope.venezuela	@fucho80 (a pastor) supports needy people in Venezuela.
@hiveuacharity	https://www.chary.org/@hiveuacharity	@rollie1212 (I know him personally) and others are behind this project. They support charity projects in the Ukraine.
@papilloncharity	http://www.papillonfoundation.com/	He delivered good proof of charity (see here)

I have created a table with people and projects, that have proven to me in the past, that they are worthy to be supported. So with my regular chary posts I show this list and motivate the community to upvote them.
I have also created a blacklist with people, that plagiarize or abuse the chary hashtag regularly. I hope, one day they will understand, that it doesn't pay off to try to trick the system.

So, what is the difference between CHARY and the other Hive tokens?

origin

• CHARY was not created to earn and hodle and invest.
• It is also not a coin to pay your bill or to hand over to everybody, like the BEER token. (you can do that if you want, but that's not the first goal)
• CHARY is a one way token:
• It was made to pay out the charity helpers.
• There are three groups of CHARY users: The donators, the curators and the recipients.
  

• Donators: They shall get a way to simply donate their money to people in need, without an NGO, a man in the middle. It should be very efficient. They just shall buy chary and burn it. And they shall know, that the money is in good hands. They can see the results on https://chary.org

• Curators: This is more or less the NGO community. It consists of people, that have staked CHARY. They decide, where the money shall go.

• The recipients: These are people, that do good things and write about it. They get the chary and they shall sell it. The money is meant for them and their projects.

• Chary Is A Blockchain (Hive) Based Donation Distribution Layer
  

What's Next

My Goals:

• Get rid of the free riders
• Find more sponsors (People who buy CHARY and burn it)

The way to that goals:

• More networking
• Thinking about a market only for people in the whitelist (We need an ACL in the Hive environment)
• Thinking about cutting off the 5% curation rewards.
• Thinking about a hive charity dapp (idea from @basilmarples)
• Just sending HIVE to people on the whitelist (or richlist)
• Clean up the chary faq page (it sill contains a lot NOBEL stuff)

Call To Action:

• Upvote projects from the whitelist and downvote the blacklisted. Curate the right projects.
• Give me more ideas, how to make CHARY (and hive) more efficient.
• Vote for @cryptobrewmaster as a hive witness!
• Support the people from the whitelist directly
• Buy some CHARY on Hive-Engine and stake it or burn it.
• Talk about Chary and @hiveuacharity
• Follow @anobel and @hiveuacharity
• If you are developer: Include CHARY as a coin to insert into the (pinball) machine

origin

For more details see https://www.chary.org/faq.html

Regards,
Achim Mertens