Rich Santa: Charity and Reward Tokens on the Blockchain

The Rich Santa whitepaper was released by the core project team at the end of 2024, aiming to address pain points in existing child support systems such as lack of transparency, high administrative costs, and difficulty in effectively reaching beneficiaries through blockchain technology.

The theme of the Rich Santa whitepaper is “Rich Santa: A New Era of Blockchain-Enabled Charity, Bringing Dreams and Hope to Children.” What makes Rich Santa unique is its use of blockchain technology to ensure open and transparent fund flows, significantly reduce administrative costs through programmable code, and gradually evolve into a decentralized autonomous organization (DAO) to maximize transparency and efficiency of support; the significance of Rich Santa lies in its ability to deliver aid more efficiently to children in need and lay the foundation for a sustainable charity ecosystem connecting donors, beneficiaries, and the operations team.

The original intention of Rich Santa is to bring the symbolic spirit of Santa Claus’s “unconditional love” and “gift-giving to children” onto the blockchain, providing transparent and direct support to children facing economic and social challenges. The core viewpoint outlined in the Rich Santa whitepaper is: by leveraging blockchain technology to achieve open and transparent fund flows and reduce administrative costs, it can provide more efficient and direct support to children in need worldwide without the need for centralized intermediaries, and build a sustainable charity ecosystem.

Interested researchers can access the original Rich Santa whitepaper. Rich Santa whitepaper link: https://snowpaper.richsanta.org

Rich Santa whitepaper summary

Author: Lars Holmstrom

Last updated: 2025-11-16 22:27

The following is a summary of the Rich Santa whitepaper, expressed in simple terms to help you quickly understand the Rich Santa whitepaper and gain a clearer understanding of Rich Santa.

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Disclaimer: The above interpretations are the author's personal opinions. Please verify the accuracy of all information independently. These interpretations do not represent the platform's views and are not intended as investment advice. For more details about the project, please refer to its whitepaper.