How much is donated per sweatcoin we give to a charity?


#1

Before I start donating my sweatcoins to the charities at the top of the rewards page, I want to know how much the charity is actually getting and proof that they were actually sent that money.


#2

Tap on the Charity you would like to learn more about and there will be a lot of information explaining what is it, and what your donation will do to help. It is about a 3-5 minute read😁


#3

That’s not addressing the question. I was asking about the total amount in real currency donated by Sweatcoin, which is not explained in that description.

For example, the “Plant 3500 trees for orcas” crowdfunding, has a goal of 8,000,000 sweatcoins donated. From what is said in the article, it seems safe to assume it costs $1 per tree planted, and therefore this campaign would be worth $3500. However if you divide that by the total number of sweatcoins in the goal, you need about 2286 sweatcoins for each dollar donated. Compare this to a normal prize that was offered, the $1000 cash for 20,000 sweatcoins. That one only costs 20 sweatcoins per dollar. How do you explain that charities are getting paid a rate over 100x less than normal consumers? Why should we donate if the charities are getting significantly less money that the sweatcoins are worth?


#4

Techmaz the mathematician ! Good question, good research!