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GoFundMe is undoubtedly one of the largest crowdfunding platforms in the world, helping people raise money for life events and challenging circumstances. However, growing scams in the donation and charity space are affecting the growth of these crowdfunding platforms, preventing people from giving back to the community. Youdonate Protocol, a blockchain-based crowdfunding protocol has emerged to close this gap. It combines the security of decentralized technology with the utility of a crowdfunding platform. The added advantage will be the exclusive incentives that genuine donors can enjoy on this platform.
Owned by SimiDAO, Youdonate Protocol is the first donation protocol on-chain designed to bring transparency and inclusivity to donations. The most interesting feature of this protocol is that it incentivizes every donation with a “Proof of Donation Token”, also called YDT. This means someone donating any amount on the platform can collect their YDT to claim incredible benefits. The goal is to make donations more entertaining and engaging by providing donors with unique experiences and exclusive merchandise through the YDT.
Youdonate Protocol not only introduces the most secure global donation platform but also encourages millennials and GenZ donors to give back to society. The platform leverages the inherent security of blockchain technology to reduce the risk of fraud and ensure that donations go directly to the intended recipients. Another feature allows donors to track their donations and see how their contributions are making a difference. This makes it the most user-friendly and transparent crowdfunding platform
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