CHERRIO by CHERRIO Team - Proof of Charity DAO Protocol - online trusted standard for charity using integrated web3 protocols

[CherrioPlatform]

Hey everyone, we have updated our DevPost URL, added links to smart contracts, as well as to our MVP, and we also included testing instructions. Feel free to test it

[ericyonca]

I cannot wait to test itttt

[CherrioPlatform]

Thanks @ericyonca, if you have any questions, just ask

[ericyonca]

After a little more research, I’ll ask what sticks in my mind, but so far I’ve just loved it

[Kelekele]

The project is very interesting

[CherrioPlatform]

Thanks, we’re glad you like it

[Mayank]

How do you make for yourself in the process

[CherrioPlatform]

Hi @Mayank, thanks for asking. Since we are not a charity or an NGO, but a software development company developing this CHERR.IO protocol, we plan, in order to be able to continously develop the project, to take 1 % fee of every integrated DeFi protocol transaction on the platform. At the very beginning we will take 1 % fee of every donation as well, however, after DeFi activities on the platform grow, this fee will be eliminated.

[ovon]

Hey Cherrio team and fellow commenters!

Try https://falt.app/. We’ve built this ground up during the hackathon. RWAs are the hot potatoes as of the moment, but haven’t seen a really decentralized approach to bring them on-chain. We have an unique solution with an user-friendly experience. Give our thread a read and thumbs up if you think this is a value-add for Tron!

FALT: Physical Art On-Chain

Project Name : Falt Project Track : Web3 Team Name : Renaissance Labs Team Member(s) : 2 Members boxfox ovon DevPost URL : Project Goal : We tokenize physical assets on-chain and make them accessible to retail investors. One of the most interesting use-cases come from setting the tokenized physical asset as a collateral on lending protocols. We can transparently rate the collateral on the market terms and build more liquidity to give a loan against the asset. For example, if I have a …

[CherrioPlatform]

Hi @ovon, we’ve checked out your project, and we’re really impressed, it’s a really cool, prospective idea, and we’ve especially liked what we saw on your roadmap - we’ll be definitely following your project

[Stevegee]

This is commendable… a project specifically concerned about humanitarian service while maintaining decentralization. I love it

is TRX the Governance token for the DAO?

[CherrioPlatform]

Hi @Stevegee, yes, we love the idea as well We anticipated the CHR (CHERRIO) Token as being the governance token for the DAO. CHR token holders will be able to choose and stake a project, vote if funds from organizations were spent correctly, rate organizations after each fund-raising campaign is completed, decide where funds from the emergency pool should be spent, promote a project for higher rewards and exchange PoCh points for CHR tokens. Regarding TRX tokens - they will be used for staking in order to unlock projects, donations will be collected in TRX tokens and fees paid in TRX tokens.

[Stevegee]

Thanks for the clarification

[Mattylegend]

This is a really well thought of project ,it is really amazing people trying to impact life with this project i would really love to test this out when it is finally done💖

[CherrioPlatform]

Thanks @Mattylegend for your feedback, we’re happy you see the added value of our project. We’re glad to have you on board