Intro

Hey Everyone! We’ve received several questions about Bulwark For Good recently so we had a quick Q&A with them to see who they are and what they are up to!

Before we start the Q&A, they want to get some facts straight right away. Currently Bulwark For Good is ran by a small team. They bought their own masternode using their own money and are not asking for any donations. Their goal is to raise awareness in both crowdfunding for students and Bulwark Coin cryptocurrency.

Q&A

Could you give a brief introduction of your background?

We’ve worked in financial industry for a few years and unfortunately did not understand how Bitcoin worked until last year. Blockchain is a revolutionary technology because it decentralizes trust. Currently, there might be up to 16 steps involved in sending a simple wire to your family overseas with multiple human compliance/intervention.

We all have normal day jobs but believe in something greater than ourselves. We’re trying to create new and improved “Charity 2.0” that takes advantage of blockchain technology.

How did you learn about Bulwark?

It is often taught that rich people “own something”. Cryptocurrency is Angel Investing 2.0. Imagine owning a percent of Tesla/Google/Facebook without the need for shareholders, board of directors and not have to deal with mounds of paperwork.

Unfortunately, we made a lot of mistakes before finding a solid investment like Bulwark Coin. We started by buying some Bitcoin, got into altcoins such as Etherium, learned about advantages/disadvantages of POW vs POS. After that we started searching for good proof of stake coin and eventually end up learning about masternodes.

There are a lot of masternode coins out there and it’s easy to make a mistake of investing into “JAM” (Just another masternode). Bulwark was not our first masternode but it quickly became our favourite after daily communications with their DEV team on Discord.

Where did you get the idea to put Bulwark to use in such a charitable fashion?

Two years ago before discovering cryptocurrency I had an idea of an exponential curve where x/y axis is reach/dollar. How can I stretch $1.00 to reach the most people that need help?

After buying a few masternodes it became very obvious that you could use the residual income from masternodes to fund a charity and start looking into projects to apply our formula.

Donors Choose was fantastic because they solve multiple real world problems in our classrooms. They do all the vetting/handling of funds and we get to focus on more important things.

How do you take the Bulwark earned from your masternode(s) and provide funds for the charity? Is there any explaining of how to use crypto, or do you provide them with $USD earned from the nodes?

Right now we keep a PayPal float account which allows us to fund various projects without worrying about withdrawing funds on daily basis. Recently it’s been harder to withdrawal cryptocurrency in Canada and some withdrawals now take up to 2–3 weeks.

It’s funny how one of the limitations in cryptocurrency is that it’s still very hard to buy/sell for an average customer.

So far, have any of the causes you have aided really stood out to you as exceptional cases?

https://www.donorschoose.org/project/help-us-beat-the-third-floor-heat/3423341/

“I’ve had students leave school, stay home, have seizures and throw up from the heat.”. That was somehow very emotion and relatable at the same time. Such a basic need yet it will reach hundreds of students.

What is the process for choosing a cause? If there are any causes looking to seek funding from yourself how should they contact you?

We have a complex formula that is using the donorschoose API and takes into accounts various data points such as donor matching,

reach, price to complete, # of donors, time till project ends and gives us 10 projects to invest into.

This keeps it fair as we can’t judge which project is more important. Our goal is scale and fairness. All projects on the website are included in the formula so you see a wide variety of projects that we fund.

Unfortunately at this time we can not take requests to complete projects. We want this to be as self-sustained as possible without any human decisions/intervention especially as we scale.

Is there any vetting of causes you are looking to invest in?

Donors Choose is fantastic because they do all the vetting. If it’s on Donors Choose, it’s a project that will be included in our algorithm. Honestly they do all the hard work, we just donate.

Why do you choose to use Bulwark as the source of your investment? There are other coins advertising much higher ROI out there, but you seem very loyal to the #BulwarkGang.

There are a lot of interesting projects out there but at the end of the day the most important thing is the dev team/community. Bulwark has one of the best dev teams and being able to talk to them on Discord is fantastic.

Bulwark Coin is a fantastic cryptocurrency investment. It has an active team, a real world use case and a fantastic community. There is a good reason to hold it (proof of stake) and a great reason to splurge and buy a large amount of coin (masternodes). Bulwark is fantastic because

there is residual income generated as long as enough people believe in what they are trying to achieve.

Are there any specific causes in the near future you are excited to provide help with?

I think we’ll be sticking to Donors Choose because there seems to be an infinite amount of projects to fund. “Do 1 thing and do it well”. I believe we could easily reach 10,000,000 students on Donors Choose alone.

Imagine never having to ask for money and only spread awareness of good deeds you have done. Cryptocurrency got a bad rep the first time around, we’re just showing people how 1 Bulwark masternode can change the fate of thousands of kids in need.

Do you accept donations for Bulwark For Good causes?

We have a strong stance of not accepting donations. The best way to help is to simply invest into Bulwark Coin. You’ll be helping us indirectly while also getting a nice investment yourself.

Currently most charities need a stable source of income from donations which severely hampers their reach. Most of them are simply trying to help but are hampered without proper funding. Masternodes and proof of stake work wonderfully for this as payouts are made multiple times per week.

What goals/milestones do you hope to achieve with Bulwark For Good?

We’re planning a website to keep track of our donations and work towards making things a little bit more official.

If the world wakes up to cryptocurrency then we’ll most likely hire for the world’s coolest job. No projects, no timelines, just spread awareness of Bulwark For Good and the students we’ve helped.

Closing

We want to thank @BwkGood for taking the time out of their day for this Q&A and also for spreading awareness for both Bulwark and charity! We think this is a wonderful cause and hope to see more community initiatives like this in the future!

Thanks for reading!

#BulwarkGang