Project title: Lumenthropy.com
Summary: Encouraging nonprofit organizations to accept lumen donations and inspiring people that hold lumens to donate to worthy causes.
1) Maintain an index of nonprofit organizations that accept Stellar lumen donations;
2) Increase the amount of nonprofit organization that officially accept Stellar lumen donations; and
3) Provide nonprofits that officially accept Stellar lumens a steady stream of support to maintain nonprofit awareness, engagement, and use of the Stellar network.
Description: The combination of these goals will help deliver on the philanthropic heart of the Stellar mission – to inclusively provide financial benefit to the world. It does this by increasing awareness of the Stellar network and its benefit to nonprofit organizations (and the people that work in those organization) that are working on the front lines with the people that can benefit the most from this technology – the people without a secure government or access to banks (bank the unbanked).
Safety in numbers. The index list of nonprofit organizations that already accept Stellar lumen donations provides nonprofit organizations looking for new fundraising avenues comfort that other nonprofit organizations have already started adopting the technology. It also illustrates and provides concrete proof that the policy, organizational, and reporting challenges of accepting digital asset donations are surmountable and have already been solved by some of their peer nonprofit organizations.
Stellar fundraising success stories. The continued support of nonprofit organizations with a Stellar wallet provides fundraising success stories. It provides an ongoing financial incentive to maintain the wallet and to use the technology. It also will likely result in those fundraising success stories being shared within the nonprofit community because fundraising is a constant focus and shared challenge for almost all nonprofit organizations.
In the end, it increases Stellar adoption and makes providing financial support to nonprofits easier, instant, and low cost regardless of the sender’s global location and financial means.
100% of the lumens awarded would be sent to a nonprofit organization. The lumens provided to Lumenthropy.com through the Stellar Community Fund would either be used to incentivize opening a Stellar wallet or provide a constant stream of support to those that already have established Stellar wallets.
Think of it as an airdrop focused on registered nonprofit organizations. Lumenthropy wants to do for nonprofit organizations what Blockchain.com and Coinbase.com/earn does for individual people.
Anything else: Since starting this initiative in January of 2019, Lumenthropy has already expanded the list of known nonprofit organizations that officially accept Stellar lumen donations from 1 to 4. This has also resulted in two large nonprofit organizations (each with more than 250k followers) to actively engage and tweet positively about this Stellar-based initiative. I am actively talking to two nonprofit consultants that are looking to advise nonprofit organizations of the technology. I have done this to date with very little incentive for the nonprofits (about $100) and with many of my own lumens. I expect we can do so much better with a bit more incentive.