Earn rewards,
whilst giving back
Fully transparent donations, so your company can do good with crypto.
Streamlining charitable donations whilst earning rewards
Transparent transactions
Using GCT, donations can be fully tracked and audited meaning institutions will be able to prove they have donated on the blockchain. With blockchain, there is a complete record over time that is guaranteed by the tamper-proof mathematical process of ‘hashing’ previous blocks together.
- Prove donation with ESG report
- Start to finish visibility
- Tamper-proof process
ESG
You can prove to your members/customers that you are doing what you have said you will do. You can prove the charitable donation through our ESG report and track where the donation ended up.
- Proof of transaction
- Report for customers
- Build trust and drive value
Fast transactions
Near instant transactions on the XRPL mean that funds reach the charities much quicker than FIAT, Transactions that are sent across the XRPL can settle in roughly 3-5 seconds on a global scale. To put that into perspective, sending a transaction on the XRPL takes less time than it should take you to read this sentence.
- Average transaction of 3-5 seconds
- Cross-border payments with ease
- Donations received in seconds, not months
Low-cost fees
The XRPL is extraordinarily cheap to use. The transaction fee on the network costs less than one cent, starting at just 0.0001 XRP. This is extremely low compared to other blockchains.
- Cheaper than other blockchains
- More money reaches the charity
- Less than one cent per transaction
White Label
GCT can offer institutions and banks a fully customisable White Label platform that you can offer customers as your own product.
This will be branded to your colours and font and in line with your usual customer UI/UX.
- Bespoke branding
- Fully customisable
- Introduce your customers to the blockchain
Why GCT is different to traditional charitable donations
We believe that when a donation is made, all funds should go to the place that they initially were meant for
1
Donation
The donation process currently means that if a financial institution or a bank has donated $10 million to a charity in Africa for example, it doesn't all get there.
2
Overheads
Currently, a real-life scenario could be that 40% of the donation amount immediately gets taken by the charity for their overheads including staff costs, marketing materials etc.
3
Secondary charity
This leaves 60% which then often gets sent to a smaller subsidiary charity such as a localised branch or specialist area.
4
Further cuts
With the second charity receiving the donation, they may also take overheads for their staffing, marketing, office etc leaving very little to be given to those who need it, and for those who the donation was intended for.
5
Transparency and Speed
We think that as much of the donation should end up with the intended target as possible, thus using the blockchain for cross-border transactions and transparency. Furthermore, the traditional charitable giving is slow (up to 30 days in some cases) GCT is near instant.
Find out more
Crypto For Good
We recognise that individuals wish to donate their crypto to good causes. With cryptocurrency becoming ever more popular, there are an increasing number of people looking to do good with their profits. Passive income financial products for individuals and institutions are common, however they do not always incorporate philanthropy within their profit models, meaning there is less opportunity to financially reward others from their profits.
Our Process
1
Dedicated Account Manager
You will be introduced to your account manager to get the process started.
2
AML/KYB process
Complete KYB checks in order to have your account verified.
3
Purchase Tokens
Purchase tokens from an exchange selling GCT token and send the tokens to your platform wallet.
4
Lock In Your Tokens
Choose from 3 lock in periods and lock your tokens for rewards.
5
Give to Charity
When your lock in period is finished, 4% of your rewards will automatically be distributed to our charity partners.
6
Earn Rewards
After your lock in period is over, and 4% has been donated to charity, your rewards will unlock and will be available in your wallet.
7
ESG Report
We will send you an ESG report that details the amount you have donated to charity and where it ended up.
Global Charity Token Dashboard
Benefits of our platform
- A secure wallet to hold your tokens
- A swap function to allow XRP-GCT swaps
- A rewards function to lock-in tokens for a yield
Empowering individuals and organisations to make a positive impact on society
White Label
GCT can offer institutions and banks a fully customisable White Label platform that you can offer customers as your own product.
This will be branded to your colours and font and in line with your usual customer UI/UX.
A great way to offer a bespoke product to your customers.
Global Charity Token
Growing Communities Together
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