Hello Manfred, at this point I am starting to consider you an old friend. In the past weeks I think we have talked together more than anyone else.
Your question is a good one, and as I see it, it concerns the very nature of what we are building at CFCE. Is it a donation app? Or a platform? Or perhaps even a protocol? My answer is simply, âyes.â
If people want to donate crypto, they can access GiveTron and make a user profile. So it is an app.
If a nonprofit wants to accept donations and upload its impact data as NFTs to incentivize further donations and prove their impact, they can make a profile on GiveTron- so it is a platform.
What I view your question to be about on a fundamental level is, how about opening up your platform so that it can integrate with other platforms, or even become the foundation of other apps and platforms?
I would answer that there are currently three places where this could be done. We havenât done them yet (not for GiveTron anyway) but we have ambitious plans to do something like this in the future.
First- we recognize that the data stored in the CFCE Registry (about donations sent, donation NFTs minted, impact data uploaded, and impact story NFTs minted) is potentially valuable. In fact- this might be the most valuable part of our platform, even more than donation fees! It could be very useful, for example, to social media companies, advertisers, banks, insurance companies, or even governments.
This donation data and impact data helps build pictures of how people interact with their communities and environments- the positive actions they are undertaking to help society. It also shows what they are interested in and care about.
Building an API to access the data in our registry- especially if it was sorted according to demographic or geographic region- or to âuse our registry as a serviceâ could be valuable indeed.
Second, for another project on the Stellar blockchain, a carbon credit donation app we received a Stellar Community Foundation grant to build named GiveCredit, we built an API to interact with our partner StellarCarbonâs platform, in order to automatically input carbon credit metadata into our app. It can be done!
Third, we actually just met with a fellow ReFi in Arbitrum grantee DivaDonate today to discuss how they could potentially use an API to tap in to our Impact Story NFT feature- basically, accessing the impact NFTs and data from our platform to upload and display on their app. This is a promising avenue of thought (and could provide a key element for turning our donation app into a profitable business/platform/protocol).
Sorry for the long answer, but you have a knack for asking questions about topics I am very passionate about @manfred_jr !