The Problem:

There are a few barriers when it comes to receiving donations via the traditional web2 route. A bank account is a necessary requirement. People living under oppressive regimes can have trouble arranging a bank account to raise money for their causes. Also, it can be hard to receive donations from around the globe due to the messy process of forex-exchange which renders many local banks useless for worldwide transactions.

Our Solution:

CharityLake is a fundraising platform based on web3. It provides people with the benefits of web3 & crypto for escaping the barriers set up due to the use of web2 in fundraising. Forex exchange or compatibility is no longer a problem. A bank account is not required either. People living in oppressive countries can finally breathe a sigh of relief!