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RE: How to benefit from The Bali Donation Campaign by writing A post! #helpbali2017

in #indonesia7 years ago

Hi @charitysteemit, you might be interested to look into waszupp crowdfunding, a new donation distribution system (short intro video) that will launch in a few days. I'm not affiliated with them but have recently joined. If you're interested, you can join here.

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Many thanks! I will check this out now...

I still don't know what to think of this initiative. I have my doubts, so please proceed with caution.

What are your doubts?

Waszupp is based on MLM principles and is basically a pyramid scheme, meaning that each person must find three others to sign up in order to qualify to receive donations from that down-line. I think people are getting weary of these types of constructs because I find it difficult to find others to sign up. Also their website is down at the moment because they are upgrading their systems; it's not yet launched publicly. Other than that, I really like the idea behind it all, to build a charity network; and it is using bitcoin. The cost to entry is only $35 in bitcoin, of which the majority goes to charitable projects (assuming that all participants use the money they receive to help others), so I feel there is nothing to loose.