CHERR.IO
Last Update
Apr 10, 2018
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1 CHR=0.15 USD
About CHERR.IO
CHERR.IO is a transparent global ecosystem for charitable causes, based on blockchain technology. The charity sector is dealing with a serious trust issue, namely funds, which are sent to people in need, don’t always reach the intended recipients — but blockchain technology can provide a solution.
Charities have modernised themselves and embraced the internet and social networks to engage more people. It is now extremely easy to raise money for a cause and deliver it to the people in need. But people still have second thoughts concerning NGOs, since they have their agenda and frauds are very hard to detect. Due to these facts, charities are losing their good reputation, and people tend to donate less.
NGOs are also looking for new channels through which donators can make donations, but the implementation of these channel options is very fragmented, unsystematic and only on a small scale.
CHERR.IO solves mentioned problems as well as other problems related to donation projects. CHERR.IO, through various approaches, increases trust in NGOs, provides an overview of verified donation projects, as well as evaluates the success of those projects by communities. In the value chain, from the identification of the need for a donation project to the final recipient of the donation, there are several actors who differ according to the purpose of the donation. Therefore, problems need to be solved from the point of view of technologies and interoperability of extremely different systems, from the point of view of security and protection of personal and other data, and from the point of view of compliance with tax and other legislation. During the entire value chain of any donation purpose the validity of information is in question as well – not only transactions/facts/content, but also photos taken as a proof by NGOs, volunteers, beneficiaries, or other individuals. There is no real transparency at the moment, since published information in media can be manipulated, which leads to an increase in fake news. Therefore, CHERR.IO will build trust and reputation models on blockchain.
Features
FOR ORGANIZATIONS
- Increased efficiency and transparency (smart contracts)
- Reinforce donors’ trust (rating system)
- Lower marketing costs (community effect)
- Expand outreach (crypto community)
FOR DONORS
- Check real-time transparency (public ledger)
- Increase trust in organizations (anti-fraud)
- Obtain rewards for social impact (rewarding system)
- Have more decision power (voting mechanism)
Technical Info
ORGANIZATIONS:
- Buy / lock tokens instead of subscription, to list campaigns on our platform
- Buy / pay with tokens for exposed campaigns and advertising
- Buy / pay with tokens for whitelisting CHERR.IO on their platform
DONORS:
- Use tokens for rating organization
- Use tokens for allocating funds from emergency pool
- Use tokens for confirming the legitimacy of spent funds
TOKEN HOLDERS:
- Buy tokens for activating/staking project for additional reward
- Buy / lock tokens for participation in rewarding system
CHERR.IO Roadmap
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2022 / Q1
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Defining project idea
Potential markets analysis -
2022 / Q2
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Scientific, technical/technology, commercial research plan
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2022 / Q3
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Analysis of results from NGOs
Trust level research
Technology and data research among donation ecosystems -
2022 / Q4
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Analysis of results from commercial-based research related to legislation, taxation, marketing potential on foreign markets
Survey and consultation with the focus group and future pilot group of users -
2023 / Q1
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A project solution design and business applicability
Technical report
Scientific article/paper
Infrastructure setup and development plan
UI/UX
Validation plan -
2023 / Q2
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Consultation with the pilot group
UI/UX finalised
Prototype
Communication strategy -
2023 / Q3
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Go to market strategy and business plan
Pitch deck for investors
Communication activities
Participation in events
- EuroBlockShow Hong Kong (post Token 2049...
- Leighton Centre, 77 Leighton Rd, Bowring...
- PODIM Challenge
- Hotel Habakuk, 2000 Maribor, Slovenia
CHERR.IO Team
Verified 100%
Advisors
Verified 80%
Attention. There is a risk that unverified members are not actually members of the team
CHERR.IO Interviews
Roles: Idea, concept, platform development, technical guidelines.
CHERR.IO is a blockchain solution for charitable donations, aiming to open new horizons for the way charitable, humanitarian and socially responsible organizations operate.
Thank you for your support.
- Assisting in helping the team develop strategies for making Cherr.io community strong and vibrant.
- Curating and overseeing content writing prior to publication and tailoring it to brand fit.
-Assisting in increasing digital presence via growth hacking and exposure using various cryptocurrency inbound marketing methods.
- Introducing Cherr.io team to potential advisors and strategic partners in the charity space in London, UK.
CHERR.IO Last News
CHERR.IO Reviews
CHERR
This is a block chain platform offering solutions for charitable donations that aims to put new things in the way charitable, humanitarian and socially responsible organizations operate hence enabling the expansion of existing fund raising process with a reinforced trust.
PROS:
- Traceability: The platform is designed on Ethereum block chain hence ensuring that the funds going to the receiving party are fully traceable and fully auditable which consequently increase trust in the people
- Lower cost: The platform completely eliminates the involvement of intermediaries hence lowering the number of transactions and administrative costs
- Security: The use of block chain ensures that the users data are securely kept and are immutable
- Anti-fraud protection: The platform releases funds in phases to the receiving parties based on the evidence of progress and community voting through the use smart contracts
- Rewarding system: The platform employs a simple reward system which enables the users to get higher rewards depending to the tokens they use to back up the project cause
- Real -time transparency: The platform provides a completely transparent and secure fund raising process through the use of smart contract hence promoting more donors into the platform as funds losses are completely eliminated
- The platform is formed by many founders with credible experience enabling the smooth implementation of the project
CONS:
- The platform advisors is missing
- The project has not developed mobile applications supported by Android and IOS
- The project disclaimer is not included in the whitepaper to give more guideline to the users
SUGGESTIONS:
- The platform should include advisors to help in its implementation and forecasting the future progress
- The management team should develop the platform application supported by Android to enable all the donors around the globe to easily contribute to the charitable organizations
- The CHR token should be made compatible with all the crypto currencies to enable the donors to contribute in any favorite currency
NOTE:
The platform promotes key improvements in all charitable organizations by expanding fundraising processes and increasing efficiency hence attracting many donors making it viable and I would invest in it.
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