One More Update: October 2020

We are in the homestretch for 2020 and as the end of the year comes closer, so does the funding of the project's first home thanks to the generosity of all of our friends who have supported us throughout the years either.

Like at the start of every month, an escrow of 3000 XRP will finish and be released to New Story Charity on November 1st. This will be the last one prior to donating the remaining amount needed to reach the $10,000 goal for this year. Here is a link to the escrow creation transaction:

https://xrpscan.com/tx/7BAAFC9D3D1717BD84E7A92F15162384D0F4E31235B2E53D5E82AB32D19B5BEA

A Special Thanks to the XRP TapThis month, our dear friend the XRP Tap stopped dripping the drops of good it had been pouring so generously to the XRP charities and the XRP Community.

https://twitter.com/XRP_Tap/status/1316010881906470913?s=20

The One More Home project would like to give a huge shoutout to the XRP Tap for its generosity over the years. Hopefully we can team up once again soon!

https://media.giphy.com/media/WS09ex6XM9yYDCeH5c/giphy.gif

One More Home in Figures

Here are some interesting facts and figures around the progress of the One More Home project so far:

Micro-donations: 23438 XRP Tips

XRP raised via micro-donations and direct deposits: 38174,906406

XRP raised via ILP deposits (Coil streams and boosts): 21553.462315

Current XRP Balance Tip Bot: 201.1 XRP

Current XRP Balance XRPL Address: 42,151.931721 (+3000 on escrow)

XRP converted to USD and sent to New Story on previous setup: 710

Payments to New Story. directly in XRP

New Story, the nonprofit this project supports, is a forward-thinking organization pioneering on technological advancements to help those who need it the most, and crypto is no exception. In 2020, their amazing team set up an XRPL wallet (among with 16 other cryptocurrency wallets). This has made the transfer of the funds raised by One More Home a lot easier, more transparent and also more secure, as we leverage on the escrow functionality of the XRP Ledger to make payments every month.

In 2019, we also had a fiat fundraising campaign which is also included in the funding for the 2020 home.

USD via 2019 campaign page: US$3525.00

XRP already transferred: 14000 XRP (US$3327.73)

Transferred so far worth: US$6852.73

In escrow: 3000 XRP to be released to New Story on November 1st. The final payment to reach the $10,000 commitment will be made 1st of December.

Totals and Funding Status

Total XRP Raised to Date*: 59728,368721 (US$14197,13)

Total Fiat Raised to Date: US$3525

Total Worth:

Which means, the goal of the project (US$30000) is currently 59% funded. In other words, as per XRP prices at the time of writing, we have the 2020 home fully funded and we are closing in on the home for 2021! 🎉

*Not including 710 XRP exchanged for USD and sent to New Story in 2019.

Header Photo by New Story Charity