Bitcoin is an ideal currency for charities and non-profit organizations. Philanthropy doesn’t have geographical boundaries, and the connection between giving and bitcoin has been displayed by the bitcoin community with their donations towards the victims of Nepal earthquake tragedy.
BitLanders, the content hosting platform rewards its users based on their number of interactions has decided to make a change in this world. The company encourages and empowers content creators by rewarding them with Bitcoin. Yes, you read it right! If you are a content creator, you will earn in bitcoins for the number of interactions your content gathers on the bitLanders platform. Similarly, visitor on the site/ content consumers will also receive bitcoin rewards for promoting the content by sharing it on their social media accounts.
BitLanders uses Buzz Score, a platform built somewhat along the lines of Klout to measure the user engagement with content hosted on bitLanders platform. The scoring algorithm used in Buzz Score assigns scores to its users by taking multiple factors like content quality, social sharing and social influence into account. These scores translates to Bitcoin that can be exchanged for gift cards, goodies or donated to charities within the platform.
With bitCharities, the company aims to promote adoption of Bitcoin to the charities. The charities page was first introduced on bitLanders earlier this year. It is now on the verge of becoming a separate entity – bitCharities. It will provide an easy to use platform for charities that enables them to leverage upon the widespread adoption of bitcoin for donations. As more and more companies adopt bitcoin, most charities are still unaware of bitcoin and this platform will educate both users and charities about bitcoin.
BitCharities will encourage over 500,000 bitLanders platform users to donate and support the charitable organizations listed on the site. All the proceeds from donation will be transferred to intended organizations without any processing or transaction charges.
It is high time charitable organizations adopted Bitcoin and bitCharities is going to make it easier for them.