Review on GoHelpFund by Pedro O. Alvino M.
Transparent fundraising with blockchain
Project that started from 2017, had a fundamental basis to create a transparent ecosystem to financially help people or humanitarian causes at a global level proposed by different entities, where the fundraising came from its partners and some influencers could operate in a certain period in which the entire ecosystem was understood in a decentralized way, in which any user could observe where the donated funds were going.
With alternatives to donate with multiple options either with Fiat or any cryptocurrency, this would then be changed to the currency of the platforms destined for humanitarian causes, where over time they were implementing products and new functions to the platform to create more interest in it. However, the collapse of cryptocurrencies in 2018 seriously affected the currency of the platform, although it was in the process of distributing its currency to its followers, after the inclusion of its currency in mercatox and the help of some followers. and influential the platform grew rapidly, however in 2019 the project suffered a financial decline, since the funds had been exhausted and the project had not received any help, since the team's personal funds had already been exhausted, they optimized costs and migrated to DigitalOcean, but in the course of time it had not borne fruit and the capital of the project was on the ground, in addition to the current situation in the world due to the pandemic was also one of the factors that influenced the project, although some resources are still operating, it is estimated that in June / July they will stop working, given that maintenance costs money .
Pros
- They were the first to launch a fundraising platform with blockchain technology.
- Leverage the public power of ledgers to create full transparency for donations.
- Constituted in a personalized service based on user behavior and needs.
- It provides multiple payment alternatives.
- It also implemented native mobile applications, through which users can donate or create humanitarian causes.
- It consisted of an intuitive and professional interface design.
Cons
- The project is currently offline due to financial circumstances and little support from its community
- Very little accessibility to the currency of the platform.
