Mission
As givers, we want to maximise the impact of our donations. We want to know they are going to worthwhile causes and being spent on the things we care about.
The goal of the TAP Foundation is to manifest and magnify thoughts and prayers in the world, transforming sentiment into real donations to real causes. By using tangible, accessible, transparent and non-denominational Thoughts and Prayers crypto tokens, you and anyone around the world can send your TAP to where they are needed - and track their social impact. Send TAP directly to support a friend, or use the Impact Wall platform below to find causes that you care about.
Now, we can put our money where our thoughts are.
Download our whitepaper here
The Impact Wall BETA
Impact WallThe TAP Impact Wall BETA is here! Want to try it out? We'll send you some test TAP, all you need to do is fill out this form and provide us with your public wallet address. Don't know how to do this? Email us and we'll help you get set up!
What is the Impact Wall?
The Impact Wall is a place where you can discover charities that you care about — all in one central location. You can donate to your favourite charity using TAP and receive Wish reward tokens as a thank you! Use your Wish to vote for your desired charity.
How does this work?
When donating or voting, 0.5% of your 1% transaction fee goes into the monthly vault. Use your Wish to vote for a charity to receive the vault reserve. When the timer runs out the vault can be distributed. The first person to press the distribute button will receive a Wish reward!
Feedback
As the Impact Wall is currently in BETA, we value your feedback. If you encounter any bugs in the BETA or have feature suggestions, please don't hesitate to contact us.
For Charities
Are you a Charity that wants to be listed on our Impact Wall and allow users to donate to you? Get in contact with us: [email protected] Don't know anything about wallets or cryptocurrency? We'd love to help get you set up.
Support
Not a Charity or Donor but want to help support TAP and our mission to create transparency and trackability in the philanthropy sector? Get in touch: [email protected]
Contact us
Why TAP?
Support a worthy cause or help a friend directly
A simple, trackable path to giving! Send TAP directly or use our Impact Wall to create your change.
Be rewarded for making a difference with Wish tokens
Claim Wish tokens as reward for donating TAP, and use them to vote for your chosen causes.
Competitive crowdsourcing transaction fees
0.5% funds our operations, and 0.5% is distributed to the causes you love through Dapp voting.
Moving the needle on transparency from zero to one
Your donations are totally trackable on the blockchain. Confidently donate, knowing your TAP is going where you intend.
TAP Key Concepts
The reactive statement in a crisis is often “sending our thoughts and prayers.” Many times, while well meaning, this platitude lacks meaningful outcomes for the people affected by the crisis.
In 2011, Japan suffered a tsunami that then damaged the Fukushima nuclear reactor. A horrifying natural disaster and an industrial catastrophe. Dozens of celebrities tweeted their heartfelt “thoughts and prayers”. But these tweets did not supply meaningful solutions.
In the summer of 2019, Australia was aflame. On social media and in news reports, thoughts and prayers were sent along with unprecedented funds raised. People wanted to help. But in the following months, the public became disillusioned; not knowing what impact their donations had, or how they were deployed.
Imagine if these thoughts, prayers and funds could be directly linked to their outcomes, giving us the confidence we need in our drive to give. With TAP, we can easily discover the causes we care about and send them tangible Thoughts and Prayers in the form of real, trackable crypto currency.
The Foundation is creating two new cryptographic tokens as part of the Thoughts And Prayers System. These new tokens are the Thoughts And Prayers (TAP) token and the Thoughts And Prayers Wish (Wish or TAPw) token.
These two new crypto tokens empower you the TAP User to make tangible your positive sentiments. By increasing transparency, you will be able track further where your TAP went and what happened to it.
You and everyone around the world will be empowered to send your TAP where needed - and track your social impact. Your donations in TAP are real value transferred from you to the causes you support. The recipient cause of your TAP donation will receive your TAP in real time via a smart contract.
As part of crowd sourced accountability, using the free blockchain transaction explorers anyone can see what every TAP wallet does with the TAP it receives. This is a benefit to donors as it gives transparency, accountability and confidence in being enabled to see what happened to their donations.
Increasing transparency and accountability is a benefit to TAP recipients too. Recipients will have reduced funding costs, increased ease of governance and public accountability that increases confidence.
Transparency in social impact is something Elon Musk famously asked for on 3 November 2021 when the World Food Program (WFP) requested USD$8 billion to solve world hunger. The WFP could not do it. With TAP, they can.
Send TAP directly to the causes you support on the TAP Impact Wall. Find causes that you care about, search by themes or do a random sort and find an underdog cause in need.
We want to incentivise positive behaviors. When you donate TAP via the TAP Impact Wall you will be rewarded with Wish (TAPw). Using Wish, you can vote in monthly and quarterly polls on how to distribute the collected TAP and Wish fees. This means Wish uses are empowered to distribute larger pools of funds to your preferred causes.
Whether it’s supporting a worthy cause, helping out a friend, or proving the power of thoughts and prayers, the TAP foundation is dedicated to increasing the transparency, accountability and ease of access in your social impact endeavours.
Now, we can put our money where your thoughts and prayers are and be the change you want to see in the world.
Increasing crypto adoption in charities and causes The Foundation’s work includes recruiting, onboarding and educating eligible causes on to the TAP System and Impact Wall. The Foundation believes crypto can be used for good and that as public adoption of blockchain technology increases, givers and recipients will feel increasingly comfortable using crypto assets and increasing transparency.
Online trade for good In addition to causes accepting TAP as a donation, there is the opportunity for TAP to be used more widely in trade and commerce. The TAP and Wish tokens are crypto assets with smart contracts. Any merchant that accepts TAP is also contributing to the goals of the Foundation by way of the small transaction fee. Every purchase online using TAP or Wish contributes to the TAP and Wish Vaults that Wish Users vote on to distribute to eligible causes.
Using markets for good TAP is to be used a transfer of value. For the spending of TAP to be transparent on a public blockchain. For TAP to be sufficiently liquid so that TAP can be converted to stablecoin or fiat to donate to identified worthy causes. For TAP to be accessible and spendable at the lowest possible level to assist those that need it.
The TAP System includes a semi-decentralised application (DApp).The DApp offers users a direct means to make positive change by giving directly to the causes they support. The DApp also facilitates democratic polls to distribution TAP and Wish revenue.
By using the TAP coin you are putting your money where your mouth and sentiments are. You will be able to: send TAP to your chosen cause, pool TAP in our DApp for greater impact, vote on how the foundation accumulated TAP should be distributed, send TAP to your mum on mothers’s day, or to a florist that will deliver flowers, and anything else you can think of.
The crowd sourced accountability means anyone can track on the public blockchain explorer what happens to the TAP sent and received. The public ledger is totally accessible to anyone with an internet connection and the desire to know where their donation went.
We’re partnering with Coinstash to list TAP in Q1 2022
Click on this link or scan the QR code to receive $10 in Bitcoin upon signing up! Subscribe to our Newsletter to receive updates on TAP and be the first to find out when we launch.
Team
Based in Brisbane, Australia, we are a team of people passionate about creating a positive difference on a global scale. Together, we started the TAP Foundation, aiming to use cutting edge technologies to create solutions in the social impact space. We recognise an untapped opportunity to disrupt how individuals and businesses give to causes they care about; bringing ease of use, transparency and accountability to philanthropy.
FAQ
You could donate fiat currency however you lose visibility the moment the funds leave your bank account. One of the major use cases for blockchain is transparency and accountability.
By donating using TAP you can see on the blockchain explorer that the cause you sent TAP to received it, and then track what that cause wallet did with the TAP.
As causes mature in their use of blockchain technology, more transparent causes will use TAP in a more transparent manner. This includes using TAP to pay for goods and services. For example, if there is a natural disaster a reconstruction cause could receive TAP in real time and use TAP to purchase reconstruction materials. Causes may also directly transfer TAP to the end recipients who could use TAP to purchase water, food and reconstruction materials - significantly reducing the time between donation and meaningful social impact. All of this can be tracked on the blockchain.
Low fundraising costs The benefits of TAP are not limited to givers seeking accountability. There is a significant issue in the philanthropic and social impact sector with the costs of fundraising and internal governance. In some cases charities have passed on less than ~20% of given donations to the end recipient. In other cases this figure is more or less or is entirely opaque. This is partly due to the high costs of raising funds, administration overheads and inadequate governance.
Governance The Foundation felt that a positive impact could be achieved by reducing the costs of causes raising money and making it as reduced friction and fast as possible to move value form giver to cause and recipient. Further that causes will benefit from using TAP as the movement of TAP is entirely transparent. This makes governance for causes easier by making all transaction accountable.
Causes may use technological solutions similar to a tax and transaction monitor to visualise where every TAP went, positively influencing their governance and regulatory obligations.
Public engagement The Foundation believes that TAP users will feel more confident in giving to causes that practice more transparency and accountability. We interviewed a charity that told us that following a natural disaster they had done what was expected of them with funds donated. However they were criticised and with the public cynicism the subsequent natural disaster results in far fewer donations than was needed. If that charity was using TAP they could easily prove using blockchain what they had done with the donations and public confidence would be better informed.
The Foundation welcomes interest from eligible causes. The Foundation will publish guidelines on what makes a cause likely to be eligible and unlikely to be eligible.
Causes are screened and vetted prior to any offer of an agreement to be listed on the Impact Wall.
In the meantime your organisation may like to familiarise itself with using crypto currency, open a crypto wallet, and open an account at Coinstash using the referral link
TAP and Wish have not yet been released, but are planned to launch in early 2022. Sign up to our mailing list to get the latest news and be the first to find out the launch date.
Once launched, there will be many ways to get TAP. One way will be via a centralised exchange that offers TAP. The Foundation is partnering with Coinstash a Brisbane based crypto centralised exchange. Please use our referral link if you wish to open an account, allowing you to buy and sell TAP following the public launch of the TAP token.
Users may also buy and sell TAP at decentralised exchanges (DEXs). The Foundation intends to provide the first liquidity pair on the Quickswap DEX and other DEXs.
Thank you! There are many things you could do, including but not limited to:
- Become a TAP user and use the TAP System.
- Buy our merchandise. The profits will support the Foundation and promote the Project.
- Make a donation or grant to the Foundation to support the Foundation’s goals and activities
- Join the global conversation and advocate for increasing transparency and accountability in Philanthropy. and have conversations around the goals of the Foundation.
- Enquire about becoming an investor.