social credit good seed slides3
TRANSCRIPT
Social Credits
Volunteering for Doing Good
Our Goals and Objec4ves
VOLUNTEER Events
management system for Chari>es
TIMEBANK A community 4mebank to offer P2P
volunteering
REWARDS STORE
Using Social Credits as a discount coupon for purchases
CREDIT SYSTEM A social
currency with its own wallet
Why Volunteer ?
Hong Kong Chari4es Hong Kong has over 7000 registered chari3es
Issues with volunteering
ORGANISERS CHARITIES /NGOS
VOLUNTEERS
volunteering Smaller Chari4es – smaller volunteer pool
Where and How to find volunteer events ?
Events How to organise and promote events ?
What are the logis4cs and training
Post Event How effec4ve was event ? Impact feedback and volunteer feedback ?
Feedback of events ?
Fund-‐raising How to capture the payment and ensure security
What do donors get other than a flag ?
Social Credits
A website and app for volunteering events
Social Credits -‐ Full services
VOLUNTEERIG Events
management system for Chari>es
AWARDS A social
currency with its own wallet
TIMEBANK A community 4mebank to offer P2P
volunteering
REWARDS STORE
Using Social Credits as a discount coupon for purchases
Social Credits
GAMIFICATION of volunteering Leader Boards Achievements and Awards
Social Credits stores wealth and measures status Hoarding of Credits ?
• Organize & Promote Events • Recruit Volunteers • Feedback and Ra4ng
Organizing Events
FOR CHARITIES
• Find and signup events • Logis4cs and training • Earn Social Credits
FOR VOLUNTEERS
• Buy goods for discount • Save social credits in wallet
REWARDS
FOR INIVIDUALS
• Offer goods and services • New customer segment • Acquire Social Credits • Show CSR
FOR CORPORATES
Social Credit System
• Volunteer hours for Credits • Request Volunteering Back
for credits
TimeBanking
FOR INIVIDUALS
• Peer to Peer Community Help • Benefits of building
community
FOR COMMMUNITIES
Social Credit System
Social Impact
IMPACT on COMMUNITY
TIMEBANKING
CHARITIES VOLUNTEERS Volunteers help chari4es
Chari4es impact community via voluntary work
Volunteers are rewarded with Social Credits
Corporates provide goods for volunteers to buy
INDIVIDUALS Individuals provide direct p2p volunteering
Individuals are rewarded with 4me bank Social Credits
Individuals can also seek work help under P2P volunteering
Case-‐study – Crossroads Founda4on
• A large volunteer (full 4me and part-‐4me) NGO based in Hong Kong -‐ Gold Coast
• Sor4ng HK dona4on of 2nd hand goods for foreign countries
• 70 full 4me and 300 part-‐4me volunteers
• Issues – Funding for volunteers
• Dona4ons for projects SOLUTION : A volunteering app would fit in with Crossroads stratergy of engaging community volunteers. Also Social Credits assist the living costs of 70 full 4me volunteers]
Paul Chua -‐ Mentor and Advisor
蔡和平
TVB Producer Entrepreneur Social Enterprise
Financials capex costs HKD
formation of NGO company 20,000
software costs to complete platform 50,000
marketing costs to launch service 30,000
total costs 100,000
monthly costs HKD 12 month CEO 25,000 300,000 1 admin staff 15,000 180,000 1 marketing staff - volunteer 18,000 216,000 1 marketing staff - charities 18,000 216,000 1 marketing staff - corporates 18,000 216,000 IT costs 15,000 180,000 office rental plus utilities 20,000 240,000 marketing costs 30,000 360,000 Total Costs 159,000 1,908,000
Income projections monthly income 12 month
HKD forecast web promotion of events 30,000 360,000
sale of goods and services 0
transaction fee on sales (10%) 50,000 600,000
donations through chairty gate 0
donation gateway fee (3%) 30,000 360,000
trading volume of social credits 0
trading transaction fee (2%) 20,000 240,000
corporate sponsor 1 20,000 240,000 corporate sponsor 2 20,000 240,000 TOTAL INCOME 170,000 2,040,000
LAUNCH PLAN
TIME
BETA LAUNCH
MARKET SEGMENT DONATION BASED SOCIAL CREDITS
Month 18
PEER TO PEER TIMEBANK
Month 15
REDEMPTION COUON SALES
Month 12
CORPOATE SPONSORS
Month 9
CHARITIES Month 6
VOLUNTEERS month 3
Our Team
Tony, Founder & CEO
Ricky, Marke4ng -‐ volunteers
Mandy, Marke4ng -‐ chari4es
Man Kit – marke4ng -‐ corporates
Joe, IT and Admin
Thank You
Volunteering for Doing Good