Carebit - A Blockchain based charity

smithlite (44)in #cryptocurrency • 6 years ago

"We make a living by what we get, but we make a life by what we give."
―Winston Churchill

Cryptocurrency, the land of moons and lambos. Everyone started in crypto with the idea of getting rich quick. We are in Gold Rush of a new era, everyone racing to claim there plot of land and start mining in order to acquire more wealth then the person next to them. To often that do we forgot that in order for one to succeed another must lose.

Carebit is changing this ideal with their coin economy and transparent blockchain. The first non-profit charitable organization powered by masternodes in lew of mining. Given the amount of resources mining takes the easiest choice was for the masternode implementation as the resources are much less for this type of structure. Given this is a non-profit mining wouldn't make sense. Imagine goodwill running a coal mine. Now lets look at carebit itself:

Carebit Vision

Cryptocurrencies are changing the lives of many people around the world. In the near future, it will be common practice for many of our daily transactions to take place with these currencies. But does crypto have the power to change the lives of everyone, including the poor and the homeless?

That’s our goal.

We are the first non-profit organization in crypto world and the first digital charity to have its own blockchain. We are also the first organization in crypto who has declared all the company assets on the website and on the discord channel. we try to be as transparent as possible. We are making a donation tracking system so anyone donating in CARE will be able to install an app and track their donations end to end. The application is coming soon, but we will implement a web tracking tool long before that as a prototype.

we plan to be an independent charity helping people all over the world. we will employ individuals from all over the globe that will personally go to sites and people that need help and deliver goods. so we will not have to rely on any other existing charities, and this will help us operate in a transparent manner.

There will be two types of funds in Carebit. The Emergency fund and a fund to help existing charities after screening and due diligence. Emergency fund will be delivered to the recipients immediately after any disaster situation to save time in helping those who need it quick. This will usually be given out initially from company funds and an event raised to collect donations later on. This will help Carebit to save time and reach any part of the world sooner than anyone else can.

Carebit plan to deliver crypto cards to its team members and employees all over the world so the funds can be transferred to those individuals in a timely manner in case of any natural disaster or when we need to support poor and helpless children out of poverty.

Carebit is a non-profit organization created to serve humanity. With your help, we can achieve this goal and through charitable donations to various organizations all over the world.

FEATURES

DONATIONS POLICY
100% of the amount of all donations are paid to charities that the community decides on.

24 HOURS SUPPORT
Get your questions answered in our community channels on Discord and Twitter, or contact the team directly from our website.

ANONYMOUS
Donors can stay anonymous if they choose to. (Any donations above a certain amount are required to be reported to relevant authorities, unless the donor identifies himself).

TRANSPARENT DONATION MANAGEMENT
Track your donations with our fund management tools soon to be launched.

Coin Specs
Masternode Collateral: 30,000 Care
Minimum staking Age:1 hour
Masternode Reward:80%
Staking Reward:20%
Block Time:1 Minute
Algorithm:100% POS
Total Supply:200,000,000

Block Rewards
Block 1 - 400: Premine
Block 401 - 7000: 700 CARE
Block 7001 - 32000: 600 CARE
Block 32001 - 82000: 500 CARE
Block 82001 - 500, 000: 400 CARE
Block 500,001 - 1,000,000: 300 CARE
Block 1,000,001 – 1,500,000: 200 CARE
Block 1,500,001 – 3,000,000: 100 CARE
Block 3,000,000 +10 CARE

Links

Announcement - https://bitcointalk.org/index.php?topic=3156446.0
Website - https://carebit.org/
Twitter - https://twitter.com/CarebitAdmin
Medium - https://medium.com/carebit
Facebook - https://www.facebook.com/Carebit.org/
Telegram Official News - https://t.me/carebitofficial
Telegram Official Group Chat - https://t.me/carebitofficialchat
Tumblr - https://carebit.tumblr.com/
Whitepaper - https://carebit.org/wp-content/uploads/2017/11/whitepaper3.pdf
Explorer - http://chain.carebit.org/
Github - https://github.com/PaMajju/CareBitCoinCore