Often time, donations – while they are for good cause – can still be improved in many ways. Some of the main issues remain and are shared by even the most noble of causes: high transaction fees, lack of transparency, and possible manipulations.
On the other hand, charities also have their own dilemmas of sustainability with their overreliance to grants and donations. When the market contract during a crisis like global pandemic, their income rapidly dwindles, resulting in even less ability to create impact, right at the time when their beneficiaries need it the most.
And this is where we came in to play. With an entirely new ecosystem powered by blockchain, we want to ensure that our donation really goes to the beneficiary, with reasonable management costs and free of manipulations. Charities will also be able to utilize the ecosystem to stake their donations and maximise their yields.
BKND was conceived as a solution to these issues from real world perspectives. Together, we can help others and make real impacts, so that we’ll win together, hand-in-hand, especially in these weird times.