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Bangladesh
1 Level
1075 Review
2891.25 Karma

Review on AidCoin by Robiul Islam

Revainrating 4 out of 5

New era of transparent giving.

As it struggles to attract adoption, where accountability is the main problem in human financing, there is a solution. Team members are actively marketing their crypto exchanges and donors.
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I see a bright future, if the company is able to persuade more institutional donors to invest in their projects, they will not have a problem attracting a charity. In the process, both the company and the token investor will win. Donors will be able to track their grant money where charity organizations can get the funds they need so much.

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Pros
  • It helps reduce the fees charged to make donations.
  • They provide a receipt for each donation so donors can claim tax breaks as effectively as needed.
  • Donors can monitor their funds as they are held in smart contracts.
Cons
  • The challenge of making charity organizations accountable to the funds they receive is huge and real.