Decentralized Autonomous Charity

[santaclause102]

What about requiring a specific percentage to give to a charity to allow calling it charity and not gambling? 

[bitbro]

Bts Vegas deserves a spot on the gaming list


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[luckybit]

A business that has the potential to grow can give more to charity than a non-profit system....

I agree however most Americans still believe that stealing peoples money is okay as long as you intend to do something nice with it.  Taxes/Welfare.

Here is a chance to both prove that thinking wrong and do a better job at welfare than the old model.

It's important not to waste time debating the politics of people who believe in the old model. Prove the old model obsolete by showing that for profit charities work better.

There are a lot of areas where sustainable funding is needed.

[luckybit]

A business that has the potential to grow can give more to charity than a non-profit system....

A for profit charity is a social corporation. These are actually very good for the ecosystem because you cannot solve every problem with the same kind of corp.

Giving to charity in my opinion is a good move not just for marketing but if the right charities are chosen because of the results itself. It's important of course to have a process that people can use to select charities and measure the impact of each charity on a cost/benefit type basis. Such as for every dollar given to x resulted in...

Maybe these DAC entities can save some lives. If DACs save many lives there is no better case to be made for why they should exist. Additionally there will be research concerns and a good charity could be to fund research which can help the entire industry or to bring about cheaper energy which would benefit all industries.

[puppies]

A business that has the potential to grow can give more to charity than a non-profit system....

I agree however most Americans still believe that stealing peoples money is okay as long as you intend to do something nice with it.  Taxes/Welfare.

[puppies]

" in a way that will grow garner positive press"

Could just as easily garner negative press given a hostile reporter. jealous competitor, or any number of other variables.

Positive press relative to a pure lotto or gambling DAC.   Think little old ladies at the local church bingo night.

I disagree on this one, marketing a for profit charity as just a 'charity' will be received negatively, perhaps doubly so as it's not really a for profit charity either but a normal business that gives a percentage of its revenue to charity.

I agree.  I work at a rather large national corporation.  We give millions to charity every year, and yes we talk a lot about it, but we don't call ourselves a charity.

[betax]

just collect a sizable donation with this tool,then donate it to Bill gates and M's fund,

you'll have a big story to tell.  3i,bill gates in the same line,wow,that's some attention.

Bill and Melinda's is a great foundation, it should be in the list. I would not use charity as a means of attention, but as a means for.. charity. That way it will get the attention it deserves, if not the thought will be corrupted from start and lead to failure.

[bytemaster]

A business that has the potential to grow can give more to charity than a non-profit system....

[Empirical1]

" in a way that will grow garner positive press"

Could just as easily garner negative press given a hostile reporter. jealous competitor, or any number of other variables.

Positive press relative to a pure lotto or gambling DAC.   Think little old ladies at the local church bingo night.

I disagree on this one, marketing a for profit charity as just a 'charity' will be received negatively, perhaps doubly so as it's not really a for profit charity either but a normal business that gives a percentage of its revenue to charity.

[bytemaster]

I saw Bingo is listed in Gaming, 

http://107.170.30.182/gaming/

I think Lotto and Bingo belongs to both Charity and Gaming?

The difference between them is in how the jackpot is divided.  In the gaming version 0% is allocated to charity. 

[Amazon]

I saw Bingo is listed in Gaming, 

http://107.170.30.182/gaming/

I think Lotto and Bingo belongs to both Charity and Gaming?

[CLains]

We are trying to spread the gospel - good news with charity!

Positive awareness  +5%

[betax]

When you go to NYC present your idea to Stephanie Murphy from Let's Talk Bitcoin who is also part of Fr33, they could point out good charities / causes and help promote the idea.

[betax]

Excellent bytemaster  +5%. Even if is 15% is for charity.

[bytemaster]

" in a way that will grow garner positive press"

Could just as easily garner negative press given a hostile reporter. jealous competitor, or any number of other variables.

Positive press relative to a pure lotto or gambling DAC.   Think little old ladies at the local church bingo night.

So is this a new "family" of DACs (ChARITY)\? Something separate from bitsharesLOTTO and other gaming DACs? That I can see great potential for, as fundraising for any number of charitable/social projects. Then any group wanting to raise funds would be making employing the software (kind of like the little old ladies you spoke of renting bingo equipment from a for profit game company).

But the charitable DACs should b e separate from other gaming DACs in my opinion to prevent negative press.

Yes, they may share a lot of code, but their marketing and some of the details will be different.   IE: gambling DACs would probably provide higher yields for the gamblers than the charity version.   I expect competition to drive the house advantage to near 0.