charitySPACE
charitySPACE
Token: CHT


Charity blockchain revolution

ICO dates
Start date: 2018-04-20
End date: 2018-05-31

Registrated in: Poland

Platform: Ethereum
Type: ERC20

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https://charityspace.net/ Screenshot
charitySPACE categories
Charity
charitySPACE whitepaper
charitySPACE token sale
KYC passing required No | Whitelist No | Restriction for countries No
Hard cap 24000 ETH
Tokens for sale 16,000,000
Token distribution in ICO
80%
80%
Price 1 CHT = 0.001 ETH
Price in PreICO 1 CHT = 0.0007 ETH
Acceppting ETH, BTC, BCH, LTC, DASH
charitySPACE news, social
charitySPACE search trends in Google
Random whitepaper excerpts

Introduction
1
Idea of the project
2
How does it work?
3
The percentage of collected funds
4
Basic templates of charitable collection
5
Planned collection variants
5
Our goals
12
Why charitySpace
13
CHT - charityToken
14
Purpose of CHT token
15
Initial Coin O ering
16
How to buy CHT tokens
17
How to check number of purchased
18
Company’s development plan after ICO
19
Team responsible for the project
20
O cial channels of communication
21
Warnings
22
Taxes
23
...

Introduction
At the end of September 2017, the worldwide cryptocurrency
market was evaluated at $143 billion. It plays a significant role in the
areas of finance and business, has a strong influence on
management zones, as well as IT. It has a significant impact on the
governments of most countries in the world. Despite the rapidly
growing value and the tremendous pace of its growth, we can still
recognize that it is still in its infancy and does not meet all the needs
of its participants. To manage this, we found one of the unfulfilled
needs - namely the need to help others.
01
...

Idea of the project
charitySPACE is a full-featured internet platform based on
blockchain technology. It is a system built on the Ethereum platform
smart contract, through which fundraisings of that currency are
organized, the majority of which is donated to charities, orphanages,
hospitals and other charitable organizations that care about the
welfare of others. In return for participation in the fundraising, a
participant takes part in the prize draw. The first stage of the project
takes account of intangible awards i.e. ETH and BTC pools. The next
stage is the inclusion of material objects such as electronics or
motorcycles and cars.
02
...

How does it work?
The Internet platform (along with mobile application)
charitySPACE
organizes charity fundraising and other charity events. A single
collection is characterized by duration (e.g., 7 days from the start of
the collection) and the threshold for the minimum amount (soft cap)
to be collected. Once the minimum collection amount has been
exceeded, the system will collect the donated funds and by the end
of the duration (for example, at the end of the seventh day of
raising) it will draw a winner from the donors. The prize will be in the
form of a cryptocurrency or a material reward. If the soft cap is not
reached after the collection time has elapsed, the collected funds
return to the accounts of the donors.
Once the collection period has elapsed and the soft cap is reached,
the winner will be drawn. The prize is automatically transferred to
Blockchain's address of the drawn person. The remaining funds are
transferred to the
charitySPACE
accou...

The percentage of
collected funds
charitySPACE
10%
WINNER
20%
AVERAGE / LOW
MINIMUM THRESHOLD
FOR COLLECTION
70%
CHARITY
ORGANISATION
charitySPACE
5%
WINNER
25%
AVERAGE / HIGH
MINIMUM THRESHOLD
FOR COLLECTION
70%
CHARITY
ORGANISATION
04
...

The system is based on a Ethereum platform smart contract. It will
draw one, two, or three winners depending on the type of particular
fundraising.
Basic templates of charitable collection
Participant's contribution
1
in ETH
Participant's contribution
2
in ETH
Participant's contribution
3
in ETH
prize:
ETH pool of 20-25% of soft cap
prize:
pool in another cryptocurrency,
e.g. BTC equivalent of 20-25% of soft
cap
a material prize, e.g.
iPhone 8, New
VW Golf
Planned collection variants
A
Collection in ETH
prize in ETH/BTC, high collection threshold: 3 winners (three pools of
di erent values representing a total of 25% of the soft cap)
B
Collection in ETH
prize in ETH/BTC, average collection threshold: 2 winners (two pools
of di erent values representing a total of 25% of the soft cap)
C
Collection in ETH
prize in ETH/BTC, low collection threshold: 1 win...

COLLECTION EXAMPLE 1 - GOAL: 233 ETH | PRIZE: 50 ETH
Type 1 collection type C:
Accepted market price of ETH in dollars
$300
Minimum collection threshold
233 ETH
Duration
Prize
7 days (168 hours), for example: 12/01/17 UTC
05:00 - 12/08/17 UTC 5:00
one winner, due to low collection
threshold
Funds collected
233 ETH ~$66 900 (100%)
Winner’s prize
50 ETH ~$15 000 (~21,5%)
Commission of charitySPACE
233 ETH - 50 ETH = 183 ETH x 10% = 18.3 ETH
~$5 490 (~7,8%)
Funds for charity
164,7 ETH ~ $49410 (~70,5%)
Percentage distribution approximately
beneficiary 70.5%, winner 21.5%, organizer
7.8%
In the above case, to reach the soft cap of 233 ETH (~$70 000) at cost
of 1ETH=$300, assuming the average fixed deposit of a single user at
$10 (~0.033 ETH), the required number of participants is 7,060.
Ethereum contract does not limit the soft cap for a single payment.
06
...

DONORS
SMART CONTRACT
MIN. COLLECT.: 233 ETH (~$66 900)
DURATION: 7 days
7 days left
7 days left
ETH go back
to DONORS
COLLECTED: 233 ETH or more
NOT COLLECTED: 233 ETH
SMART CONTRACT
Start lottery
Prize: 50 ETH (~$15 000)
=21,5% FUND SOFT CAP
REST
183 ETH (~$54 900)
PRIZE
50 ETH (~$15 000)
charitySPACE COMPANY
ETH adress
WINNER
ETH adress
7,8
%
commision
18,3 ETH (~$5 490)
70
%
exchange
164,7 ETH (~$49 410)
change to
FIAT
Funds donated to charity
~$49 410
Diagram 1. The flow of Ethereum in a collection template with a low soft cap.
07
...

charitySPACE Roadmap

1
Q1 2018
Beta of the charitySPACE platform. Basic functionality (ETH collections only, ETH prizes only). Introduce the CHT token to the stock market and take care of maintaining high market value.
2
Q2 2018
Introduction of collections in the model payment in: crypto / prize: goods on the European market. Additional currency of Bitcoin (BTC+BCH) rebounds.
3
Q3 2018
charitySPACE mobile app platform will start. Widening availability of Russian and Japanese market. Additional currency collections: Litecoin (LTC), Lisk (LSK)
4
Q4 2018
Further development plans of the company dictated by the experience of its users. Expansion into World markets. Taking care of the investment attractiveness of the CHT. Lets work together!
Muhammad Irfan
Advisors Muhammad Irfan Advisor / CEO at BountyPortals

Dawid Gajek
Team Dawid Gajek CEO / Founder

Paweł Napieracz
Team Paweł Napieracz CTO / Lead Software Developer

Patryk Siedliński
Team Patryk Siedliński Marketing Director

Monika Kruczkowska
Team Monika Kruczkowska Product manager on Asian market

Dagmara Wilmont
Team Dagmara Wilmont Donation Manager

Martyna Białek
Team Martyna Białek Content Developer / PR Specialist

Dawid Gajek
Dawid Gajek
CEO / Founder
Product Manager