Little Phil | A totally NEW TECH APPROACH to charitable giving

Philanthropists are smart, successful people who willing to give and do so on their terms. It is not because someone asks them to do so but they have control over what they give and they know the good side of that. It makes people happier, healthier and more connected with other’s hearts. There is a special feeling when something is given and it is appreciated and acknowledged by others in the society. With the assistant of BlockChain Technology it can be crate a joyful platform for the giving society. However the traditional fundraising has damaged the emotional connection.

Charitable institutions rely on the donations from corporations and the general public. Since the number of charitable institutions increases, competition for the donations is also increases. Funds need not only to help their associated causes but to cover the ongoing administration and operational tasks as well. Therefore they try to more rely on volunteers through they have lack of marketing skills. Therefore Charities used to outsource marketing and fundraising to intermediary companies who carry out cold calling, billboards and street canvassing. However most of them also don’t Leverage the best practices of social sharing, content and mobile device driven marketing. Since the personal donations have been increased due to their marketing campaign, they charge from the charities exorbitant upfront fee on the value of each monthly subscription obtained. However, that method of marketing will come up with following results,

the impact of those campaigns is less on the causes

those kinds of campaigns make prohibitive by smaller charities since it is expensive

In the short term traditional fundraising methods are profitable. However a few numbers of people has contributed to the total fund. It shows that there is a decline in the percentage of people donating though there had been more marketing campaigns.

However all the issues in the charity industry can be listed as follows,

High-pressure sales tactics

Donors want to see the impact of their donation

Fraudulent beneficiaries receiving assistance from multiple charitable sources without helping to those who genuinely need the support.

There is no any way to track how the Donors funds have been spent.

These issues have been successfully addressed by the project of Little Phil as follows,

By creating emotional connection - Little philanthropists have planned to donate the funds raised from donors on a platform where it can be complied with their terms and on their device. It shows the ways where their money is going. Then it feels that they are rewarding and it courage them to donate more.

By providing proof of impact - smart contracts are used when dealing with suppliers and the donors are informed about the outcome for their receiver since givers would like to know whether their funds have been used as intended.

By providing proof of Need – It uses biometric data to create Unique Digital Identity (UDID). It is minimized potential for fraud, providing donors an assurance that they are not being taken advantage of.

By providing Immutable Public Ledger - Little Phil blockchain helps to be visible all the transactions and cost that helps to work with charities to drive better awareness of causes and distribution of funds. It is charged just 6% per transaction.

The token use in this project is called as LPC. The maximum supply of LPC is 1,000,000,000. Those Tokens are allocated as follows,

pre-sale+ token sale - 40%

Team- 15%

Business Development – 15%

LPC Projects Pool – 15%

Early Backers - 10%

Bounty programs – 3%

Airdrops -2%

So raised funds are used as follows,

Product Development -40%

Business Development and Strategic Partnerships – 30%

Marketing and Communication - 20%

Reserve Funds -10%

The Little Phil expect to achieve followings in the near future after ICO and pre-sale,

Listing on exchanges

Launching products

Releasing android App

Integration with suppliers

Little Phil is driven toward the success by an excellent team that comprises with highly qualified and well experience nuts. They are experts in International Business, IT, leadership and management, Blockchain platforms and technologies, Marketing, Client Relations, Branding Technology, and Software Development and so on.

Little Phil Team