How does it work?

The Internet platform (along with the mobile application) charitySPACE organizes charity fundraising and other charity events. A single collection is characterized by duration (e.g., 7 days from the start of the collection) and the threshold for the minimum amount (soft cap) to be collected. Once the minimum collection amount has been exceeded, the system will collect the donated funds and by the end of the duration (for example, at the end of the seventh day of raising) it will draw a winner from the donors.

The prize will be in the form of a cryptocurrency or a material reward. If the soft cap is not reached after the collection time has elapsed, the collected funds return to the accounts of the donors.

Once the collection period has elapsed and the soft cap is reached, the winner will be drawn. The prize is automatically transferred to Blockchain's address of the drawn person. The remaining funds are transferred to the charitySPACE account. This amount (after ablation of own commission) is then exchanged into the FIAT currency and publicly transferred to a charity. All costs associated with the stock exchange, taxes, and a possible turnover within Blockchain ETH/BTC are the concern of the charitySPACE.

Why charitySPACE?

We deeply believe that our experience and transparency of the charitySPACE business model guaranteed by the contract within Ethereum blockchain will defend itself and convince you as investors about the equity of the investment. We are fully aware of the scale of ICO market surpluses and the scale of its deterioration by the promised and not implemented projects. We help in private and in the vast majority through our existing work. Among us are people involved in IT project management with more than 10 years of experience working for multinational corporations, equally experienced programmers and software architects, information developers, specialists in user experience and artists involved in the broad spectrum of graphic work. We speak a lot of languages ​​and we are open to 'face to face' contact - we travel a lot and share our passion at conferences and international trainings. We are professionally stable, however, we want to leave a trace in the cryptocurrency community as people who created a project by people, for people. We all have in common two passions. The first is a passion for building electronic products, the other is the passion associated with blockchain and cryptocurrency.

The model of our project is so simple and clear enough that in response to the question "Why charitySPACE" we decided not to describe the project, but to describe us - as people - because this project is created by people, for people. We are deeply rooted in the idea of ​​electronic money and we deeply believe that this community has the need to help others - we want to manage this with charitySPACE.