Wednesday, February 16, 2022

Ringcold is designed to decentralize the distribution of NGO funds using blockchain technology


A REVIEW OF RINGCOLD

Reducing poverty and helping the vulnerable have never been easier! Ringcold is a crypto decentralised NGO funding platform that gives its users the power to make a difference by donating their leftover crypto tokens. Forget about all the hassle and technicalities of channelling your crypto donations through other platforms, just simply use Ringcold to donate your crypto! It's easy, fast and secure.

The Ringcold is based on the Ethereum blockchain which enables tippers to tip NGOs with cryptocurrency micro-donations to support their causes. The MISSION is to enable anybody to tip any NGO with cryptocurrency micro-donations that would go directly to the cause which is visible on the blockchain.

I'd like to share with you one of my latest startup projects called Ringcold. The idea behind the project is very simple - to raise money for NGOs, by selling tokens.

Ringcold is a crowd funding of your personal charity projects. If you are a non-profit organization (NGO), you can use Ringcold to raise funds for yourself in the form of donations and support. Individuals, on the other hand, can use it to increase their donations and help NGOs they believe in.

FEATURES OF RINGCOLD CRYPTO ECOSYSTEM

Ringcold is a designed to decentralise NGO fund distribution using blockchain technology.

lt is a community where people can donate to their chosen charity without having to pay the fees that other platforms charge.

Built to crowdfund charities and projects with the use of smart contracts.

Ringcold assists NGOs and Charities to raise fund for their charitable activities.


VISION of RINGCOLD PLATFORM

Ringcold is a social impact platform that empowers people to support the organisations they care about by giving them the power to give directly to NGOs using cryptocurrency. It's also a marketplace where you can buy and sell products, services, and creative content such as arts, crafts, etc.

It utilizes Blockchain technology to create transparency and security in donation procedures while connecting donors and NGOs directly.

RINGCOLD PROPOSED ADDED VALUE TO DEFI/NGOS

Donate directly to Non-Profit Organizations:

Ringcold is a platform that allows donors to directly donate funds to Non-Profit Organizations without the overhead associated with centralized and third party intermediaries. Fund allocation is transparent, and auditable through a unique system of smart contracts. Donators choose where they want their money to go by picking NGOs and monitoring their progress.

Ringcold connects directly donors and NGOs. This new way of donating will redistribute the power of benevolence to the donors themselves, with the goal to make it more efficient than the current charity system working today.

Ringcold is a crowdfunding platform that is designed to help non-profit organizations fund their projects in a transparent and fair way.


Summary

The Ringcold platform removes the need to trust in centralised platforms like the UN. This is because Ringcold is a decentralised platform that doesn’t take any fees and instead uses blockchain technology to allow 100% of all donations to fund the projects being supported by the NGO. Ringcold is a platform that is currently being developed by a team of developers and is based on the ethereum blockchain.

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For more information visit any of the following links:
Username: pijayplow93
Profile : https://bitcointalk.org/index.php?action=profile;u=2750501
RGC Coinsbit Wallet Address: 0x90910b5192F90149f7DCe5f555C6208aB44dD128

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