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In today’s world, unnecessary overhead and administration costs for fundraising are astronomically high; in the end, leaving less than, for the actual organization at the heart of it all.

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The founders of TokenSpin aimed to change all of that by utilizing the Ethereum Blockchain.

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TokenSpin offers mini raffles where all takings are distributed to the charity under a decentralized autonomous structure. By fundraising on the blockchain and using smart contracts, the usual costs of running a fundraising campaign are dramatically reduced while at the same time providing a trustworthy, transparent platform on which to raise the funds.

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