Description
Benefactory is a decentralised autonomous organisation (DAO) leveraging Web3 to enhance social impact through blockchain-enabled transparent philanthropy. It democratizes the funding of social projects by allowing community members to propose, vote on, and directly fund initiatives, ensuring accountability and efficient resource allocation. Targeting to revolutionize how donations are managed, Benefactory mitigates traditional concerns of overhead costs and misallocation, facilitating a shift towards crowd philanthropy and empowering grassroots movements. This initiative represents the convergence of blockchain technology and social entrepreneurship, aiming to foster positive societal change by making philanthropy accessible and traceable, championed not by traditional power structures but by the community itself.
Benefactory is a decentralised autonomous organisation (DAO) leveraging Web3 to enhance social impact through blockchain-enabled transparent philanthropy. It democratizes the funding of social projects by allowing community members to propose, vote on, and directly fund initiatives, ensuring accountability and efficient resource allocation. Targeting to revolutionize how donations are managed, Benefactory mitigates traditional concerns of overhead costs and misallocation, facilitating a shift towards crowd philanthropy and empowering grassroots movements. This initiative represents the convergence of blockchain technology and social entrepreneurship, aiming to foster positive societal change by making philanthropy accessible and traceable, championed not by traditional power structures but by the community itself.
