Updates please.
Current CHA funds: 0.9 BTC and 10186.2299639 MMC. I've put the funds on hold as I'm watching the value going down. I still believe this coin is worth much more than the current market price therefore I'd like to hold and see how the markets develop. I've initially planned to make donations in 1 BTC batches, but considering the MMC/BTC market too thin for the MMC amount the Charity Award is holding the MMC and I'm considering other ways to donate.
There are two options mentioned currently, either dumping the MMC on the MMC/CNY market to exchange it to fiat without touching the BTC rate or to buy gold on Coaex. The gold-approach would limit my available charities too much to be honest. If there is anyone outthere who wants to invest BTC or LTC into MMC, please read this thread:
https://bitsharestalk.org/index.php?topic=2417.msg29740#msg29740
Updates please.
In addition, I got approached by emre requesting me to stop using the CHA address for voting as I dont own the CHA funds and it is unethical to
abuse the funds to make an impact on election results. I don't agree with this statement on a full basis, but to avoid damaging the image of the Charity Award I decided to remove all votes done with the CHA address:
http://mmcvotes.com/address/MVTEcha4La8HeNaewF4oaSFUwaRep8xEyR
It's easy to increase popularity. Watch the world news and find a cause. The only issue right now is popularity. Look at what that did to bitcoin.
Donate to the next world distaster that comes up to easily get onto worldwide television. We need the voices of bloggers and journalists.
Do some demographics and figure that guerilla marketing is the only viable option.
Actually I'm doing that and I'm in lose contact with the CMO department. As soon as I roll donations there will be news items available.
Request MMC miner writers to allow a % of your shares to be sent to a donation address to aid certain causes.
The voting address is
MVTEcha4La8HeNaewF4oaSFUwaRep8xEyR and also available for charity donations. All funds addressed to that address go 100% into the charity award. I've already recived donations worth 3k+ MMC.
When there's no charity accepting MMC directly you could consider buying gold at coaex (stalemate may accept a discount for that purpose) to keep the coins out of exchanges for a while.
An example for a charity accepting gold is https://www.redcross.ch/de/gesundheit/augenmedizin/altgold-und-schmuck-spenden - 275 MMC enable them to do an eye cataract surgery.
If the BTC/MMC market stays thin and the prices are not rising in february I will consider this recommendation. Donating gold bought on Coaex is a good idea but not my favourite to be honest.
I'll keep you posted. Thanks for the suggestions.
If you read this thread the first time, you might want to read my initial posts about my charity award ideas:
https://bitsharestalk.org/index.php?topic=1879.0