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.