Modern crypto tokens present multiple opportunities to investors. Enthusiasts can stake them to receive rewards or trade them on exchanges. Yet, investors are the only party that can profit from amazing tokens such as FLOKI. Charities can use FLOKI as a means of donation and thus reap a host of benefits offered by the coin. FLOKI can help charities to expand their selection of available donation methods and get new patrons and donors on board. NOWPayments provides tools for accepting FLOKI donations that any charity can utilize.
- FLOKI possesses a charitable community.
- FLOKI donations are borderless and transparent.
- NOWPayments’ tools enable charities to accept FLOKI donations.
What is FLOKI?
FLOKI’s main mission is to give power and opportunity to the people instead of venture capitalists and hedge funds. FLOKI combines the power of memes with real utility and charitability. FLOKI seeks to become the most known and most used cryptocurrency in the world. The FLOKI token is the main utility token that will drive the FLOKI ecosystem forward. FLOKI is cross-chain and available on both the Ethereum blockchain and the Binance Smart Chain. The FLOKI token has a maximum supply of 10 trillion, with 9,035,439,642,652.11 $FLOKI tokens in circulation. There is a 3% tax on every buy and sell.
How can charities benefit from FLOKI?
Easy cross-border donations
Charities always seek to gain as many donors as possible. This means that they have to provide opportunities to donate to every person on the planet. Yet, the mainstream donation methods have many geographic limitations. For instance, international bank transfers often take days to reach the recipient. As a result, people living outside of charities’ native countries frequently avoid making their donations. Yet, by deploying FLOKI donations, charities can address this issue and make their transactions fast and reliable. One FLOKI transaction takes only several minutes, no matter how large the distance between the charity and the donor.
Privacy is of great importance for many donors. Essentially, some people who donate their money to charities do not want to draw much attention to their names, so they avoid making their charity activities public. The mainstream methods of donation, including bank transfers, imply a complete disclosure of the donor’s financial activities to third parties. As a result, the information about their money transfers to charities can get exposed. FLOKI is a private donation method because all FLOKI transactions happen only between two parties without any involvement of intermediaries. So, use FLOKI to offer your donors an option of making their donations in a private and anonymous manner.
Get new donors
As mentioned above, the FLOKI community is one of the most charitable ones in the industry. In fact, the FLOKI project openly recognizes charitability as one of its primary values. This means that FLOKI investors are always ready to support charities and non-profit organizations that promote good causes. This is why charities, by featuring FLOKI donations, can expect that some FLOKI enthusiasts will gladly donate their coins to them. After all, new charity use cases for FLOKI are always welcome in the community since they contribute to the wider adoption of the coin.
Charities always wish to maximize the size of their donations. Yet, a significant share of every donation sum is often consumed by various fees. At times, more than 20% of a money transfer can be simply removed due to different charges. This is where FLOKI can come in handy. FLOKI transaction fees are much lower than those of some of the mainstream donation methods. Moreover, FLOKI exists on two blockchains simultaneously, so users can choose the one which has the lower transaction fees at the moment when sending their FLOKI coins. By accepting FLOKI, charities can get larger donations.
Transparency is the core of charity work. Basically, people who donate their money to different causes need to know where their funds go. As a result, charities must report on how they use the accrued funding. Cryptocurrencies are perfect for maintaining transparency because all of their transactions are recorded on the blockchain, and information about them is available to everyone. In other words, charities can provide their crypto address where anyone will be able to check how much money these charities have collected.
How to accept FLOKI
In order to start accepting FLOKI as a donation, you need to follow these simple steps:
1. Sign up or sign in to NOWPayments.
2. In your Account, find Store settings. If you haven’t used NOWPayments yet, add your FLOKI wallet address.
2.1. In Store Settings, click the “Add a new key” button. Generate your API key for the donation widget or button.
FLOKI is a perfect donation cryptocurrency. NOWPayments helps charities to accept FLOKI donations in a fast and efficient way.