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Can a Reddit Fundraising Platform Magnify the Internet’s Generosity?

article Crowdfunding, Distributed Knowledge
Can a Reddit Fundraising Platform Magnify the Internet’s Generosity?
Summary The amazing altruism of Redditors is clear through the laundry list of good deeds that have stemmed from the network.
Description Reddit Donate is a free fundraising platform created to promote social good. The system guarantees more safety and lower costs in regards to online donations.Similarly with most Internet payment systems, getting money from point A to point B costs a fee. With Reddit Donate, donations under $10 will be free and go straight to the cause.

“We took a good honest look at what we could actually do to as a solution to help some of these subreddits to funnel some of their good will and energy,” Dwolla’s Director of Communications Jordan Lampe said.

SOURCE link to full article. http://mashable.com/2012/08/30/reddit-donate/
Tags: Crowdfunding, Crowdsource, Crowdsourcing, donation, Dwolla, Fundraising, Reddit, Reddit Donate
Fritz Schaefer Posted by Fritz Schaefer
Aug 30, 2012 12:48 pm GMT Viewed 1301 times
Author: Joann Pan Source
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