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Geeklist Hack4Good 0.5 Global, Malta - Coin4Good
1.
2. • Coin4Good is a worldwide platform to raise funds for
good causes. Coin4Good accepts only bitcoins as a
currency - transaction fees are minor (1% in the
worst of cases).
• Other examples:
www.simplygiving.com
www.crowdrise.com
http://uk.virginmoneygiving.com/giving/
3. Bitcoin is the world's most widely used alternative currency
with a total market cap of approximately $8.7 billion.
Why Bitcoins?
• Bitcoins appeal to a younger audience.
• Bitcoins are common amongst tech savvy people.
• Minor transaction fees (max 1%).
• Receiving bitcoin payments is completely free on Coinbase (up
to first $1m, then 1%).
• Instant Exchange (this way you do not have to expose
yourselves to any bitcoin price volatility)
• Micro-Transactions
• Secure payments
4. Why Coin4Good
• No transaction fees
• Money sent direct to NGO Coinbase account
• Micro-donations
• Uses decentralised currency for donations.
• Appeals to younger more tech savvy audience
• Fund raisers set up a target and encourage others to
donate
• Linked to social media accounts for increased
exposure
• Donators are recognised
5. Watch our presentation online
here:http://www.youtube.com/watch?v=E_JDDFYrJz0&feature=youtu.be #Hack4Good Malta
Minutes 12.50-45.00