How Accepting Crypto Payments Fights Global Hunger: The Larecoin Social Impact Engine Explained
- [[[Free!!]<<<<]] Watch: 스포르팅 - 토트넘 Live Stream 13 September 2022
- 2 hours ago
- 5 min read
Every payment processor takes a cut.
But what if that cut actually fed hungry people instead of just padding corporate profits?
That's exactly what Larecoin's Social Impact Engine does. And it happens automatically: no paperwork, no configuration, zero manual effort required.
The 1.5% That Changes Everything
Here's how it works at the protocol level.
When a customer pays you in LARE tokens or LUSD stablecoins, smart contracts embedded directly in the LareBlocks Layer 1 blockchain execute instantly:
Customer sends 100 LUSD for a product
Merchant receives 98.5 LUSD
1.5 LUSD routes automatically to verified hunger relief organizations
NFT receipt generated for complete transparency
Transaction recorded permanently on LareScan
No buttons to click. No charity settings to toggle. No donation forms.
It's baked into the protocol itself.

Real Impact, Real Numbers
The Social Impact Engine isn't theoretical. It's already funding tangible results:
2.3 million meals delivered through global emergency food programs
150,000+ meals via direct merchant partnerships
50,000+ trees planted through climate action allocations
Educational resources distributed across 12+ countries
12,500+ NFT impact receipts issued for full transparency
Every transaction contributes. Every merchant participates. Every payment makes measurable impact.
And here's the kicker: you're actually saving money while doing it.
The Cost Breakdown vs. Traditional Processors
Let's talk numbers.
Larecoin total fees: ~2.2% (0.3%-0.7% gas fees + 1.5% social impact)
NOWPayments: 0.5%-1% processing fee + network fees + zero social impact
CoinPayments: 0.5% fee + network costs + no built-in charity component
Stripe/PayPal: 2.9% + $0.30 per transaction + zero charitable allocation
You're paying less than legacy processors while automatically funding hunger relief.
That's over 50% savings compared to traditional payment rails: with built-in social good.

How the DAO Governance Works
Here's where it gets interesting.
You might be thinking: "Who decides where this 1.5% goes?"
The answer: LARE token holders vote monthly through DAO governance.
No centralized authority. No corporate charity committee. No opaque decision-making.
The community directs funding based on real-time global needs:
Hurricane relief in the Caribbean
Famine response in East Africa
Emergency food aid after natural disasters
Long-term food security programs
Token holders propose organizations, community votes, smart contracts execute allocations.
Full transparency. Complete decentralization.
NFT Receipts: Zero-Trust Verification
Every social impact allocation generates an NFT receipt.
Why does this matter?
Because you can independently verify every single contribution without trusting anyone.
No login required. No permissions needed. No gatekeepers.
Just open LareScan (Larecoin's blockchain explorer) and view:
Exact transaction amounts
Recipient wallet addresses
Geographic distribution of aid
Timestamps and block confirmations
Complete audit trail
This is "zero-trust verification": the blockchain doesn't lie, and anyone can check the receipts.

LUSD Stablecoin: Predictable Pricing, Consistent Impact
Price volatility kills merchant adoption.
That's why Larecoin built LUSD: a stablecoin pegged to the US dollar.
For merchants: Predictable revenue without crypto price swings
For charities: Consistent funding that doesn't fluctuate with market sentiment
For customers: Stable purchasing power for everyday transactions
The Social Impact Engine works with both LARE tokens and LUSD stablecoins.
Choose volatility for potential upside, or stability for predictable accounting.
Either way, 1.5% goes to hunger relief.
LareBlocks Layer 1: Built for Impact
The Social Impact Engine only works because it's embedded in LareBlocks: Larecoin's custom Layer 1 blockchain.
This isn't a plugin or add-on feature bolted onto existing infrastructure.
It's protocol-level functionality:
Smart contracts execute automatically at transaction time
No third-party services required
No external APIs that can fail
No manual processes that introduce human error
The architecture guarantees that social impact happens with every transaction.
Compare that to NOWPayments or CoinPayments: they're payment gateways built on top of other blockchains. They don't control the protocol layer.
Larecoin owns the entire stack.

Master/Sub-Wallets for Enterprise Impact Tracking
Large organizations need granular control.
That's why Larecoin supports Master/Sub-wallet architecture for enterprise merchants.
Create unlimited sub-wallets for:
Different departments
Multiple store locations
Individual sales teams
Franchise operations
Track social impact contributions per wallet.
Generate separate NFT receipt collections for each division.
Run consolidated reports across the entire organization.
All while maintaining the same automatic 1.5% allocation model.
Why Competitors Can't Match This Model
NOWPayments and CoinPayments are excellent payment gateways.
But they're not designed for embedded social impact.
Here's why:
They don't control the protocol layer: They process payments on existing blockchains. They can't modify transaction behavior at the smart contract level.
They charge for services, not impact: Their fees go to operational costs and profit margins. No automatic charitable allocation.
They lack native transparency tools: No built-in blockchain explorer like LareScan for impact verification.
They can't offer DAO governance: No token-holder voting mechanism for directing funds.
Larecoin built the entire ecosystem specifically for this use case.
Gift Card Onboarding: Removing Crypto Barriers
The biggest obstacle to crypto adoption isn't technology.
It's user experience.
That's why Larecoin offers Gift Card onboarding: buy crypto with traditional gift cards from major retailers.
No exchange accounts. No KYC verification. No bank account linking.
Just buy a gift card, convert to LARE or LUSD, start making payments.
This dramatically expands the potential customer base for merchants accepting Larecoin: including unbanked populations who rely on gift cards.
More customers = more transactions = more social impact.

The Push-to-Card Advantage
Crypto-to-fiat settlement remains a friction point.
Larecoin solves this with Push-to-Card services: instant settlement to traditional debit cards.
Accept crypto payments. Receive fiat currency. No exchange delays.
Merchants get the best of both worlds:
Access to crypto-native customers
Automatic social impact contribution
Instant fiat settlement
Lower fees than legacy processors
All while feeding hungry people globally.
Real-World Merchant Scenarios
Scenario 1: E-commerce Store
Online retailer processing $100,000 monthly revenue switches from PayPal to Larecoin.
Old fees: $2,900 + transaction fees (~$3,200 total)
New fees: ~$2,200 total (with social impact included)
Monthly savings: $1,000
Meals funded: ~2,500 per month
Scenario 2: Multi-Location Restaurant Chain
Restaurant group with 5 locations adopts Larecoin for in-store payments.
Uses Master/Sub-wallets for each location
Tracks impact per restaurant
Generates branded NFT receipts for customers
Markets social impact in customer communications
Scenario 3: International Freelancer
Freelancer receiving cross-border payments switches from CoinPayments to Larecoin.
Eliminates international wire fees
Instant settlement via Push-to-Card
Automatically contributes to hunger relief
Issues NFT receipts for tax documentation
Getting Started Takes Minutes
No complicated integration. No developer required.
Create Larecoin merchant account
Generate wallet address
Add payment option to checkout
Start accepting LARE and LUSD
The Social Impact Engine activates automatically.
View impact metrics through LareScan.
Download NFT receipts for your records.
Track contributions through DAO governance updates.
The Future of Commerce is Impact-Driven
Traditional payments extract value.
Crypto payments with Larecoin create value.
For your business. For your customers. For people facing hunger globally.
2.2% total fees. 50%+ savings vs legacy systems. 1.5% automatic charity allocation.
Every transaction matters. Every payment feeds someone.
Visit Larecoin to start accepting impact-driven crypto payments today.
