ronicrypto

creating a new global standard for industrial fundraising by creating the first global and decentralized donation market.

About SupPorter

People don’t trust charities, and for good reason. This trillion dollar industry is plagued with scandal and rampant irresponsible spending. Sometimes, as little as 3% of a donation actually supports the cause it was intended for (https://www.rd.com/culture/how-charities-spend-money/). So what happened to the other 97%? Unfortunately, there’s never been a real way of finding out. That is, until now.

Introducing SupPorter, the world’s first Blockchain Enabled Donation Processing System, for Nonprofits and Political Campaigns. SupPorter utilizes new, cutting edge innovations in Blockchain Technology to shed some light on an otherwise dark and inefficient fundraising space. SupPorter will provide a faster, cheaper and more transparent way to donate.

What makes SupPorter ideal for an ICO, is that it is a company that already exist in the fundraising space with an experienced team that knows first hand the problems facing the industry. It’s not some bold idea or concept scribbled on a napkin. SupPorter has a working prototype, App and Website that already allows organizations to raise funds at the lowest fees in the industry (www.supporterinc.com). SupPorter is positioned perfectly to be one of the first companies capable of disrupting the massive fundraising industry by taking its existing business model and merging it with new innovations in blockchain technology. You can think of SupPorter as a new global standard for the fundraising industry.

MISSION AND VISION

SupPorter’s mission and vision is to create new global standards for industrial fundraising by creating the first global and decentralized donations market.

A market that provides organizations with new and better methods to raise funds by leveraging innovations in blockchain technology.

The cheaper, faster, and more transparent methods of the current model while rewarding people and organizations to participate in the process.

HOW IT WORKS

OVERVIEW

SupPorter will be the first Smart Donation Processing supported by Blockchain Systems, for Nonprofits and Political Campaigns. Organizations will register SupPorter at no cost, which will enable them to receive, distribute and track Token SP. These tokens will be decentralized through open, safe,

Ethereum Blockchain, and without the need for centralized intermediaries such as banks.

This alone is expected to provide instant bumps to the bottom line of the organization by storing 3–15% on processing costs.

Donations will be recorded automatically in the Distributed Ledger, and the use of Smart Contracts will give donors the ability to apply “Conditional Delivery”.

That is, donations can only be executed if certain conditions are met.

This will provide donors with complete security knowing that their donations are being used as intended.

SupPorter is also expected to simplify and automate the end-of-year filing process radically.

Data from the Distributed Ledger can be easily sorted, analyzed and incorporated into financial reporting forms.

Usually, money is just a store of value and almost impossible to put in different categories. However, since SupPorter is a “Smart Processing” system, different money can be classified into different categories, and custom algorithms can automatically generate and complete financial reporting forms under this category.

For example, the IRS Form 990 is currently a big issue for Nonprofits.

This form is usually more than 50 pages and can take the accountant team for weeks to complete.

With SupPorter,

The beauty of SupPorter, is that donors do not need to use cryptocurrency. This is because donations, regardless of their currency, can be changed seamlessly into SP Token on the front and back.

This means we do not ask for older, more generous, but not too tech-savvy donors to change the way they support the organization over the years.

Details of TGE (Token Generation Event)

-Name Token: Token SP

- Supporters receive BTC, ETH, LTC and via wire transfer (including US dollars)

-KYC - Required

-Offer includes 250 SP tokens, for every $ 5.00 invested.

-Token Sp will use the ERC-20 standard

-Number of Minimum Investment $ 500

-Total number of tokens allowed 1,000,000,000,000

This token is subject to the Discount Rate and the Terms listed below.

Token Discount Rates:

$ 500 + - If you invest $ 500- $ 1,999, you will receive a 2% Discount Rate. $ 2,000 + - If you invest $ 2,000 - $ 9999, you will receive a 4% Discount Rate.

$ 10,000 + - If you invest $ 10,000 - $ 49,999, you will receive a 6% Discount Rate.

$ 50,000 + - If you invest $ 50,000 - $ 99,000, you will receive a 10% Discount Rate.

$ 100,000 + - If you invest $ 100,000, you will receive a 15% Discount Rate.

* All allowances and tokens will be sent after the campaign is complete, and after Token availability.

TEAM