ETHKids

Project Name

ETHKids

Country

The Netherlands

Project's Website
https://ethkids.io
Overview

EthKids is a Dapp that enables charity donations for children. An open source, non-commercial decentralized protocol using the dynamic bonding curve model as incentive for donors which allows donation rewards, EthKids tries to solve the problem of short-lasting relations with the donators.

SDGs
SDG 10: Reducing Inequality
SDG 3: Good Health and Well being
SDG 4: Quality Education
SDG 5: Gender Equality
Category

Charity

Targeted Impact

Children

Stage

Beta - working version

Registered Entity

Yes

No

Impact Areas

The project focuses on the charity for children world-wide, helping to raise funds for non commercial organisations.

Quantifiable Impact?

The first target is to raise money for a good cause, and hopefully to see the growing community around it. Second, is to make 'Blockchain great again' in the eyes of masses.

Problem - Gap

There are two problems EthKids.io tries to resolve: 1) transparency for the donations, on how when and what specifically was raised 2) using the 'personal token bonding curve' economic model, EthKids.io aims to solve the problem of short-lasting relations with the donators, basically incentivizing them financially

Use Case: Why use blockchain or other technologies?

The project is a typical Decentralized APPlication hence benefits its natural advantages: transparency (donation transactions), low operational costs (only transaction fees are applied), inclusion (available worldwide), trust (all code is open-source and available for examination). Apart from it, the incentivization algorithm has deterministic, unchangeable, and transparent nature, which cannot be archived with the traditional approach.

Team Members

Creator and builder: Kiril Ivanov

Application
Applicant's Name

Kiril Ivanov, Creator

Protocol

Ethereum

Open Source

Yes

No

Concept Definition

EthKids is an open source non-commercial decentralized protocol for charity donations for children. Using the dynamic bonding curve model for donation rewards, EthKids tries to solve the problem of short-lasting relations with the donators

Support of B4H Goals

The whole idea of Ethkids.io is to make this world a better place.

External Funding If Any

EthKids.io is in beta version and running on Ethereum main net. The project is self-funded.

Development Stage and Next Steps

I build this project and intend to keep it fully open-sourced. At the current stage, it's up and running on the Ethereum main net and has one charity organization rolled in. Next steps would be to grow the community IT/media/community leaders around it, and grow in the number of features, registered charity organizations, and raised funds.

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