Philanthropy

Farcaster

helping build farcaster | surfing @ venice, ca | eating @ gjusta / gjelina | “lucky me, lucky mud”

I’d love to see a better way for registered charities to have a verified presence here and on-chain generally.

A lot of conversations I’ve had in DMs, especially with non-US users, there is a lot of confusion and lack of knowledge about charities and charitable registrations.

It’s actually part of a scamming problem we’ve had for decades- people call something a charity or donation but it’s actually a gift or tip, not a real tax-exempt government-stamp-of-approval nonprofit.

Even the legitimate ones like Myanmar are actually just UK DAFs who get to hand-pick where your donation really ends up. Often times it’s used to pay for salaries and marketing BEFORE leftovers actually go to local groups for relief.

Blockchain is about setting better standards so take it from this elder millennial who’s been in the nonprofit industry professionally for a decade.  

There’s nothing wrong with personal fundraisers but there needs to be a hard distinction between nonprofits, and for-pockets.