The current donation process provides almost no transparency into how donations are being spent. Often times the donation ends up funding overhead and administrative costs. Utilizing the Stellar blockchain provides donors with increased transparency for all donations made through the ecosySTEM. The increase in transparency strengthens trust between donor and STEM organization.

Every STEMchain partner organization has been vetted through a selective process to ensure that they agree to the requirements of the “Crypto STEM Initiative 100% Guarantee”. The guarantee requires an organization to only use received STEM Coin funds for their intended mission. This guarantees that no funds are used for overhead costs, miscellaneous purchases, or any non-initiative spending.

In addition to increased transparency, donors also benefit from the STEMchain Matching Pool. The STEMchain Matching pool matches all donations 1:1 from a finite pool of 80 billion STEM Coins. After the donation has been verified, STEMchain earmarks an equal amount of STEM Coins from the Matching Pool and releases them to the partner organizations STEM wallet. The STEMchain Matching Pool helps to maximize a donors giving power while simultaneously pushing the partnered organization closer to fully funding their initiative.

To ensure that the donation match is not being manipulated or “gamed” an algorithm continuously monitors the blockchain for partner organization transactions to check for any manipulation of the CSI 100% matching.

To learn how you can acquire STEM Coins to start donating today, check out our medium article.

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