Dona offers a new Donation platform to make Donations accessible to everyone with the help of blockchain technology.By increasing transparency in the flow of donations and building a community for sharing best practices in donations, they deepen the interest in, understanding of, and empathy for donation markets, as well as realize a deeply-rooted donation culture/community in Japan and extend it globally.Dona has sought to make the platform the de facto standard, as a new donation model that expands donations with that own hands, rather than being left unclear operation.
As well as from the Great East Japan Earthquake in 2011, a total individual donation has been increasing, and the market size of donations of the individual (including membership fees) and corporate bodies has grown to more than 1.7 trillion yen. Since the entering into force of the 1998 Law Concerning the Promotion of Specific Non-Profit Organization Activities (the NPO Law), the number of NPOs has continued to increase. Also, like tax-exempt of “Hometown tax”, an act called “tax payment” has been changing to the system where taxes can be paid as donations. It is necessary that the government not only lead public services but also regard donations as a means for changing society and as social investments through NPOs.
Website Don Linkedin Page Don
Whitepaper Don Telegram Account Don
Facebook Page Don Slack For Don
Twitter Page Don Github For Don
Token name dona coin
Token symbol DNC
Total supply 3,700,000,000 DNC
Minimum unit 0.000001 DNC
Transferable the token is transferable
Mutable supply the supply can be changed up or down in
Transaction fees 0.5% of donated money is taken as a fee.
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Dona platform has three properties to solve problems in donation markets.The foundation is to build a community to connect supporters and recipients directly and share successful donation experiences.Dona platform enables you to eliminate the intermediate traders from the process of collecting and distributing donations using blockchain technology; that is, you can give donations directly to support activities that identify the usage of donations.The flows of donations are opened and protected from tampering. The remittance charge is set uniformly around the world, and the fee is lower than with other remittance methods.You can eliminate the intermediate traders from the collection and distribution of donations, to give donations directly to support activities.
Association between stakeholders and platform This chapter introduces the association between the platform and stakeholders, and its function.Dona enhanced reliability by increasing transparency in the flow of donated money using NEM’s5 blockchain base and then built a community for both supporters and recipients to share their voices by fragmenting donations into planning for each support activity rather than groups. Dona‘ll discuss the details of blockchain and NEM as they continue.
Unlike legal tender (JPY, USD, etc.), cryptocurrency is subject to various risks. Participants shall conduct transactions based solely on their own judgment and responsibility after knowing the mechanism and risks of cryptocurrency. Price fluctuation risk Cryptocurrency will fluctuate with daily variations, and the market is small compared with that of legal tender. Therefore, the range of price fluctuations (volatility) is wide, and this may produce great financial losses, or money value may become zero.Liquidity risk
Due to the small market compared with that of legal tender, the counterparty to the sale and purchase may not be found, and transactions may become difficult. Or a situation may arise in which market participants may be forced to trade in unfavorable conditions.
The flows of donations are opened and protected from tampering.The remittance charge is set uniformly around the world, and the fee is lower than with other remittance methods.You can eliminate the intermediate traders from the collection and distribution of donations, to give donations directly to support activities.
The activities and achievements of charity organizations can be conveyed.You can enhance the reliability of charity organizations through questions on and reviews of their activities and results.You can share and distribute your fundraising and support activities, amounts of donations, etc. by collaborating with SNS.
By visualizing the donation process, it is possible to improve the accessibility of donations and encourage donations.Dona can improve donors’ satisfaction to keep them motivated to make donations by elevating their activities and results through presentations and others.Dona allow donors to feel joy and pleasure in using the platform and facilitate them so they share their experiences with others.
Dona platform uses its own tokens (done coin) issued using a mosaic function in NEM.The dona coins are used for sending donation money from supports to recipients after system deployment. The tokens are expected to be listed in an exchange. For distributing the tokens, distribution to the registered user’s prospects, and the details are published later on. The Dona coins are temporarily pooled in a blockchain wallet that is linked to each supported project, and automatic remittance is executed when coinciding with the payment (refund) conditions set in the registration of the support project. For example, a setting such as a remittance when the target amount is reached and monthly remittance is possible.
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