Introduction
BCharity is a social enterprise disrupting the traditional charity eco-system by providing a global platform for charity exchange for individuals, funds, and companies across the globe. Developed using the blockchain and cryptocurrency technologies, BCharity replaces the traditional system of charity along with its inevitable intermediaries and regulation bottlenecks with a more efficient, barrier-free and convenient global exchange mechanism.
BCharity enables crypto donations, which are donations made in cryptocurrencies or digital currencies. Cryptocurrencies are entirely digital or electronic and can be exchanged between computers on a worldwide peer to peer network.
What is BCharity Token (CHAR)?
BCharity plans to collect funds for the launch of global charity exchange platform on the blockchain. To enable this exchange process, BCharity issues BCharity Tokens (CHAR), which are smart contracts based on Ethereum. These are ERC-20 Ethereum based tokens and will be utilized to make contributions to ICO of BCharity.
A link will connect each BCharity token with BCharity coin in the blockchain. This will enable the use of BCharity coins to make donations in the BCharity eco-system.
Why should one buy CHAR:
- The BCharity Token is a utility token that follows the deflation model.
- BCharity offers the flexibility to purchase these tokens with a host of cryptocurrencies, including Bitcoin, Bitcoin Сlassic, Ethereum, DASH, Litecoin, ZCash, Ripple, Monero. Additional cryptocurrencies may also be utilized.
- The contributors will receive ERC20 BCharity tokens through the Ethereum network equivalent to the amount contributed to the ICO.
- In the event, BCharity is unable to raise the minimum and required fund; the contributions will be returned in full.
- 80% of the available tokens will be distributed among users.
- 5% of the tokens available for users will be sold at $0.35 per token through a Private Sale.
- 10% of the tokens earmarked for user distribution will be sold at a unit price of $0.5 in a pre-sale event.
- The balance number available (85%) will be sold at $1 a token through the Main Sale.
- An early bird bonus ranging from +25% top up for purchase on the 1st day to +4% in the third week is a great additional incentive to buy CHAR.
- BCharity also extends a reward in the form of bonus pays out based on the number of tokens purchased. There is a 5% bonus for purchase of tokens worth $50,000, and it goes up to +25% for buying worth $2,000,000.
- There is a special ‘bounty campaign’ scheme for those who assist in the token sale through signature campaigns, content creation, social media campaigns and support in translation to other languages. Such assistance will attract bonus tokens to those extending the support.
The most significant reason, in addition to the above irrefutable advantages to opting for purchasing CHAR, is that one will be part of a great movement of making charity accessible to the needy on a global scale through BCharity. Does one need to say more?