Donation hub can be described as a social networking platform for everyone as long as you can access the internet. However, it is essentially, a donation exchange platform – where a peer to peer donation takes place. Here, members decide how much they are willing to donate to other members and do so when they are ready.
The Donation hub platform is not just for Nigerians only, people from all over the world are free to join and donate to each other. Even, it has a chat room where members connect with each other. Via this medium, the contact those they have chosen to donate to. Another unique feature of Donation hub is that it encourages various means of donating, either by local bank transfer, PayPal, Neteller, and also Bitcoins. This may be because of the worldwide membership and the need to ensure ease of payments. Below is everything you need to know about how Donation Hub works.
How Does Donation Hub Work?
Registration
It is very easy to register and join the Donation hub. All you have to do is visit the site, fill up the required details like phone number, a functional email address, username, and password. After this, a link would be sent to your email address for you to click on the link to confirm your registration. After this, you are good to go as your account would have been registered.
Choose A Payment Options
After all necessary steps for the registration has been confirmed, you can choose your payment options or fund processing options, this is to increase efficiency level so that you can receive your donations as soon as they’re made. The payment options available include PayPal, local transfer, Neteller and also Bitcoin wallet address. Once you have completed this step the next step is to choose donation schedule.
Donation Schedule
The Donation hub has two donation schedules which you can choose from. Both of the schedules (Instant Donation and Scheduled Donation) can be used for long term or short term donation, whichever one you choose.
Instant Donation
This matures after a period of seven days, 30% of your donation will be added to the total amount you donated, and would be donated to you after a period of seven days.
Scheduled Donation
This matures after a period of 30 days and 50% of your initial donation will be added to the total amount you donated and donated back to you after 30 days. Nonetheless, a percentage of the donation would be held back, but you will receive it after you make another donation. This is to ensure continuity after you make the first donation.
How To Make A Donation?
If you choose instant donation, two slots would show for you to input the “minimum amount” you can donate and the “maximum amount”. Once you have done this, click on the search button and the list of eligible people whom you can donate to would show up. Select one, and go on to contact the person and complete your payment. The moment you make payment, click on the paid button. After this, it is up for the recipient to confirm your donation. They do so once they receive the money.
Sometimes, you may not be able to afford to pay to the people who are eligible, or there may not be any eligible people available to pay, this just means that you have to continue trying until one turns up.
Nevertheless, if you are making a Scheduled donation, a digital clock is set up on your dashboard and it begins to count down to a specific time when it will be approved to make the donation. You can then choose from among the recipient provided who you want to donate to and within a few hours, make the donation. Failure to meet the stipulated time allotted to you can cause the recipient to lay a complaint against you which could lead to your ban from the platform and all further transactions will cease.
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What Incentives Are Offered?
Donation hub just like other Ponzi schemes such as MMM among others provides lovely incentives to people who refer others to the platform, they give you a sum of $15 for every person that you successfully referred to the platform and who makes a donation.
Furthermore, people who make a donation of $35 dollars or more are given a percentage of the total amount that they donated, depending on the type of donation that they made. If it was an instant donation, the percentage is 30% while scheduled donation has a percentage of 50%. As structured, the incentives are paid after participants make the next donation. Even at that, not all the percentage is paid as some are withheld for the sake of continuing the donation.
