How to benefit from donations in Ravencoin

Ways to benefit from Ravencoin donations

When it comes to choosing the method of accepting donations, people and organizations always look for the one which is quick, accessible globally, and has low fees. Yet, unfortunately, none of the mainstream solutions fit this description. This is why more individuals and charities choose cryptocurrencies such as Ravencoin as their primary means of accepting donations. Ravencoin is a well-designed blockchain built for serving as a platform for fast and low-cost transactions. Bloggers, artists, streamers, and influencers, as well as charities and nonprofits, can accept RVN coin donations using NOWPayments.

Key points:

RVN is the native crypto of Ravencoin.
RVN donations are fast, private, and borderless.
Charities and streamers can accept RVN donations via NOWPayments.

What is Ravencoin?

In its essence, Ravencoin is a peer-to-peer blockchain that facilitates the production and transfer of assets from one party to another. Ravencoin is a system that is built on a fork of the Bitcoin code that adds capabilities that allow tokens to be issued on the Ravencoin network. These tokens can have any quality, such as being issued as securities or collectibles.

RVN is the native coin of the Ravencoin network that powers all of its services. Compared to blockchains such as Bitcoin, Ravencoin is much more efficient and performance-oriented. Its block time of 1 minute means that RVN transactions are processed quickly. Additionally, the total coin supply of 21 billion coins causes RVN to be a much more affordable asset than BTC or other similar coins.

How RVN donations help streamers

Get the attention of Ravencoin fans

By deploying RVN crypto donation, Twitch streamers can provide a new use case for the Ravencoin cryptocurrency. Such a step is certain to pique the interest of RVN holders in the content produced by such streamers. Subsequently, some of the RVN community members will find the streamers’ broadcast enjoyable and will join the ranks of these streamers’ fans.

Create and distribute Ravencoin NFTs as a reward

Ravencoin is a blockchain which is primarily intended for the production (minting) of NFTs. Streamers can use this capability of the Ravencoin network to their advantage.

Basically, they can create special NFTs and give them out to their top donors and most notable community members. These NFT rewards will incentivize audience engagement, motivating people watching streamers to be more active, including in terms of sending donations.

Give every audience member a chance to donate

RVN donations let streamers provide every single member of their community with an equal chance to make a donation. Ravencoin does not discriminate against people based on where they reside, so everyone can use RVN, irrespective of the place on the world map they currently find themselves in. You only need an internet connection to use RVN. Therefore, streamers can feature RVN coin donations as a universal donation method.

How Ravencoin helps charities?

Speed

Ravencoin is an excellent solution for accelerating the donation process. Charities are constantly in the need of more resources because they always put them to use. This is why they need to receive their funding in a fast manner in order to operate efficiently. Ravencoin transactions take no more than a couple of minutes to get processed, thus outperforming many mainstream donation alternatives.

Privacy

Ravencoin also offers exceptional privacy to users. This may help charities to accept donations from donors who prefer to keep a low profile. There are many wealthy people who wish to avoid disclosing their private information including that which concerns their charity work. Ravencoin does not track users’ personal details and therefore can be used as a solid means of making donations anonymously.

Unlimited use

Ravencoin can benefit charities by offering them an unfailing infrastructure that operates 24/7 all year round. The Ravencoin network can boast 100% uptime, which means that users can utilize the blockchain at any moment. Thus, charities can provide their donors with RVN as an unfailing donation method that works even when other solutions are down.

So how do I accept donations in Ravencoin?

NOWPayments is a Ravencoin payment gateway that processes both payments and donations in the RVN coin. The service offers extra convenience to its partners and their clients, enabling them to greatly facilitate the entire process of accepting cryptocurrencies. In order to deploy Ravencoin cryptocurrency donations, you can use one of the three tools:

If you have a website, you may opt for a crypto donations button.
Alternatively, you can place a Ravencoin donation widget on your website or blog.
There is also an option of a link that is compatible with all social media and lets you receive Ravencoin crypto donations.

Let’s take a closer look at how to create an RVN token donation link:

1. Create a NOWPayments account on the official website of the service;

2. Pick the Ravencoin crypto from the drop-down list of currencies and enter the public cryptocurrency address to which you would like to receive your donations.

Pick the Ravencoin crypto from the drop-down list of currencies and enter the public cryptocurrency address to which you would like to receive your donations.

3. On the left sidebar, press “Payment Tools” and then “Donations;”

4. Specify the elements which will be featured in your donation link (Donors’ names, phone, etc.);

5. Come up with the end part of your crypto donations domain name and press “Save;”

6. Copy and paste the link into the address bar of your browser and specify the sum of the donation you want to make.

7. You will receive a donation invoice with a QR code which you can scan to make the donation.

Conclusion

Ravencoin provides charities and streamers with a fast and secure way to receive donations. Get RVN donations using NOWPayments.

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