Show HN: GiveHongBao – Raise Ethereum for any cause, anywhere in the world

Re:Show HN: GiveHongBao – Raise Ethereum for any cause, anyw... by atrudeau on Tuesday December 12, 2017 @02:24PM (#15908619)

"We don't charge a percentage of what people give. Instead, we charge a flat amount for any amount donated. Keep more of what people give."

I don't think is the Ethereum gas (transaction fee). I think they take a cut as well. Perhaps someone can check the transaction being generated and see the recipients/gas? This whole thing looks very shady and probably shouldn't be getting HN-like exposure.

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Re:Show HN: GiveHongBao – Raise Ethereum for any cause, anyw... by cocktailpeanuts on Tuesday December 12, 2017 @02:59PM (#15908918)

You're right. Just read it again and saw:

> Each month I'll sell the wallet's contents and donate the proceeds to them, providing proof via my Twitter account.

There are too many scammers out there, there's no reason to trust this person, regardless of what the intention was.

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Re:Show HN: GiveHongBao – Raise Ethereum for any cause, anyw... by vincentchu on Tuesday December 12, 2017 @03:03PM (#15908946)

Hi all. The contract that distributes donations also transfers a fixed fee to my account. For instance, see: https://etherscan.io/tx/0xc27a96a1ed705b03604b91287d0e2cf76f...

The fee is flat and priced around a buck, mostly to help recoup some server costs, hosting costs, etc.. which I thnk is fair.

My main motivation was to make a cheaper version of GoFundMe or Patreon. Both of those sites charge a percentage on top of whatever credit card fees.

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Re:Show HN: GiveHongBao – Raise Ethereum for any cause, anyw... by atrudeau on Tuesday December 12, 2017 @05:38PM (#15910146)

Please make the mechanics and fees clearer on the website. Linking to and explaining the contract would be great for transparency. With that done, I think your service can be useful.

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