Published: Aug 05, 2018

Cherr.io (CHR)

Website

Status

ICO

Cherr.io is a blockchain solution for charitable donations, aiming to open new horizons for the way charitable, humanitarian and socially responsible organizations operate. The platform will opt for optimizing operations, expand outreach, reinforce donors’ trust and improve the donation process for charities.

Whitepaper

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Interest lvl

High

Updated: Feb 20, 2020

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User Rating

Medium

3/5 • 1 votes

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Ticker

CHR

Type

Utility-token

What is Cherr.io

CHERR.IO is a blockchain-driven fundraising platform. The team aims to develop a solution that would ensure a secure and transparent process of raising and delivering funds for charities. The CHERR.IO platform is designed to connect charitable organizations with their supporters.

The solution will employ ERC20 CHR tokens. Token holders are supposed to promote charity, help raise funds and ensure verification. CHERR.IO participants will be incentivized with CHR. The Proof of Charity mechanism will assign points for certain actions. These points can then be transferred to CHR (1000 points = 1 CHR).

Cherr.io Roadmap

2017 / Q2

- First meeting of founders about current problems of charity organizations and how these problems can be solved using blockchain and smart contracts
- Deep market research about charity operations
- Initial concepts
- Branding

2017 / Q3

- Domain registration
- Formation of the core team
- Design prototypes
- Token model development
- Whitepaper 1st draft
- Tokensale structure
- Main community channel setup

2017 / Q4

- Whitepaper 2nd. draft
- CHERR.IO platform introduction video
- Expansion of the team
- Website publication
- Marketing and PR campaign start
- Roadshow start

2018 / Q1

- Futurehack Hackaton in Davos (at WEF2018) participation
- MVP platform published
- Growing our ambassadors, advisors, supporters
- Creating a blog and social media channels
- Legal structure
- Token release plan
- Bounty program #1
- Website security plan and structure

2018 / Q2

- Whitepaper publication
- Smart Contract for crowdsale developing and auditing
- Crowdsale testing on testnet
- MVP Promotional Campaign
- New live campaigns added on MVP
- Marketing for live campaigns
- MVP update - smart contract support
- Creating how-to wallet guides
- Smart contract for token sale
- Public Presale start
- Public Crowdsale start
- ICO activities (Social activity, Website security and stability, Watch for scammers)
- Negotiations with exchanges
- Q2 2018 AMA

2018 / Q3

- Post-ICO review articles
- Exchange listing
- Unlocking of tokens for transfer
- CHERR.IO platform plan and structure
- MVP update
- Add more campaigns on MVP
- Team growing: hiring for development, marketing, PR, design, testing, and user support
- Increase number of Charity Organization on board
- Q3 2018 AMA
- Roadshow
- MVP with 50+ campaigns
- Donate 12% of funds reserved for donations to live campaigns on the platform
- CHERR.IO platform developing progress article

2018 / Q4

- Q4 2018 AMA
- Roadshow
- Platform phase 1 (Alpha testing CHERR.IO platform, Upgrade MPV to CHERR.IO platform, Platform security and stability)
- Increase number of Charity Organization on board
- Donate 12% of funds reserved for donations to live campaigns on the platform
- CHERR.IO platform development progress article

2019 / Q1

- Q1 2019 AMA
- Roadshow
- Platform phase 1 (Beta release for private testing, Beta release for private testing, Early access for ICO investors)
- Platform phase 2 (Android and iOS app structure, API development)
- CHERR.IO platform development progress article
- Donate 12% of funds reserved for donations to live campaigns on the platform

2019 / Q2

- Q1 2019 AMA
- Roadshow
- Platform phase 1 (Public release, Proof Of Charity rewarding mechanism 0.2)
- Platform phase 2 (Android and iOS app alpha testing, API alpha testing)
- 200+ campaigns
- Donate 12% of funds reserved for donations to live campaigns on the platform

2019 / Q3

- Q3 2019 AMA
- Roadshow
- Platform phase 1 (Optimizations, Marketing and PR, Fiat donations support, Proof Of Charity rewarding mechanism 0.3)
- Platform phase 2 (Milestones beta, Emergency pool beta, ,Beta version of the Android and iOS app, API beta)
- Donate 12% of funds reserved for donations to live campaigns on the platform

2019 / Q4

- Q4 2019 AMA
- Roadshow
- Platform phase 1 (Proof Of Charity rewarding mechanism 1.0)
- Platform phase 2 (Release of the Android and iOS app, Public API, Milestones, Emergency pool, Campaign staking alpha
- Donate 12% of funds reserved for donations to live campaigns on the platform

2020 / Q1

- Q1 2020 AMA
- Roadshow
- Platform phase 2 (Campaign staking beta)
- Donate 12% of funds reserved for donations to live campaigns on the platform

2020 / Q2 - Q3

- Q2 & Q3 2020 AMA
- Roadshow
- Platform phase 1 (Proof Of Charity rewarding mechanism 2.0)
- Platform phase 2 (Campaign staking release)
- Donate the remainder of funds reserved for donations to live campaigns on the platform
- Goal of being the leading charity donations platform reached