How the 1.5% Transaction Tax Fuels Global Charities: Larecoin's Social Impact Framework Explained in Under 5 Minutes
- [[[Free!!]<<<<]] Watch: 스포르팅 - 토트넘 Live Stream 13 September 2022
- 2 hours ago
- 4 min read
What If Every Payment You Accepted Fed Hungry Kids Automatically?
Most payment processors take 3-5% and pocket everything.
Larecoin takes 1.5% and uses it to change lives.
Here's the difference: Your business grows. Communities thrive. No extra work required.
This isn't charity theater. This is blockchain-hardcoded social impact that happens with every single transaction. No checkboxes. No opt-ins. No forgotten donation buttons at checkout.
Let's break down exactly how Larecoin's Social Impact Engine turns everyday commerce into global change.

The 1.5% Split: Where Every Dollar Actually Goes
Traditional processors like Visa and Mastercard charge 3-5% per transaction and contribute exactly zero to verified charities.
Larecoin's 1.5% transaction tax splits like this:
0.7% → Direct Hunger Relief
Flows immediately to verified charitable organizations
Hardcoded into LareBlocks Layer 1 infrastructure
No middlemen touching the funds
Instant, automated allocation
0.8% → Network Operations
Maintains blockchain infrastructure
Covers validator nodes and security
Keeps transaction speeds lightning-fast
Ensures 24/7 uptime
The merchant still saves 50-70% compared to traditional payment processors.
Do the math: You pay less. Communities get more. The old system can't compete with that.
Hardcoded Into the Blockchain (Not a Marketing Gimmick)
This isn't a "donate at checkout" popup customers ignore.
The 1.5% allocation is embedded in LareBlocks at the protocol level. Every transaction automatically triggers the split. Merchants can't disable it. You can't forget about it. It just happens.
Think of it like gravity for payments. Automatic. Unstoppable. Built into the fabric of the system.
Traditional payment systems make you choose between profit and purpose. Larecoin eliminates that false choice entirely.

NFT Receipts: Tax Deductions Meet Blockchain Transparency
Every Larecoin transaction generates an NFT receipt documenting:
Transaction amount
Precise timestamp
Social impact contribution (0.7%)
Destination charity wallet address
Immutable blockchain proof
For merchants, this means instant tax deduction documentation. No spreadsheets. No receipt boxes. No audit nightmares.
For customers, this means proof of impact. They can track exactly where their contribution went and how it helped.
For regulators, this means complete transparency. Every dollar is traceable, verifiable, and permanently recorded on-chain.
DAO Governance: Community Decides Where Money Flows
Centralized charities have board members making backroom deals.
Larecoin has DAO voting.
LARE token holders vote monthly on which organizations receive funding across five focus areas:
Global hunger relief : Food banks, meal programs, agricultural development
Education access : Schools, scholarships, teacher training
Health infrastructure : Clinics, medical supplies, vaccination programs
Environmental conservation : Reforestation, clean water, renewable energy
Disaster relief response : Emergency aid, reconstruction, refugee support
Charities rotate quarterly based on community votes. No political influence. No favoritism. Just pure democratic allocation of impact dollars.
Check the votes yourself on larecoin.com. Total transparency. No secrets.

Real Impact: The Numbers That Actually Matter
Since launch, Larecoin's Social Impact Framework has funded:
2.3 million meals delivered to families in need across 47 countries.
12,000+ farmers trained in sustainable agriculture techniques, creating long-term food security.
Educational programs reaching students in 47 countries, from rural villages to underserved urban areas.
Health infrastructure serving 500,000+ people annually through clinics, mobile health units, and vaccination campaigns.
Let's scale that up.
If 1 million merchants processed $10,000 monthly through Larecoin:
$70 million annually flows to hunger relief. Automatically. With zero additional effort from anyone.
That's not a projection. That's just basic math baked into the protocol.
LareScan: Watch Your Impact in Real-Time
Traditional charities send you a thank-you letter six months later with vague statistics.
Larecoin gives you LareScan: the blockchain explorer that tracks every dollar of social impact in real time.
See exactly:
Which wallet received funds
When the transfer occurred
How much was allocated
What organization benefited
Immutable records. Auditable trail. Zero room for fraud or mismanagement.
For merchants running ESG (Environmental, Social, Governance) reporting, this is a goldmine. Every transaction becomes documented proof of corporate social responsibility.
Enterprise Tools: Scale Your Impact Without Scaling Complexity
Large organizations need more than basic payment processing. They need dedicated infrastructure.
Larecoin's enterprise tools enable:
Dedicated Wallets for Specific Causes Create separate wallets for different departments, product lines, or campaigns. Track impact independently.
Percentage-Based Allocations Set custom splits beyond the standard 1.5%. Want to contribute 3%? 5%? Your business, your rules.
Real-Time Impact Dashboards Monitor social contributions across the entire organization. Export data for board meetings, investor reports, or regulatory filings.
Complete On-Chain Audit Trails Every transaction documented permanently. Perfect for compliance teams and external audits.
This isn't just payment processing. This is impact infrastructure designed for scale.

Why Merchants Are Switching from NOWPayments and CoinPayments
Let's compare what you get:
NOWPayments:
Standard crypto processing
No built-in social impact
Manual donation setups if you want them
Limited enterprise tools
CoinPayments:
Multi-currency support
Zero charitable framework
Higher fees than Larecoin
Basic merchant features
Larecoin:
1.5% transaction cost (lowest in industry)
Automatic social impact on every transaction
NFT receipts for tax documentation
DAO-governed charity allocation
Enterprise-grade impact reporting
LareBlocks infrastructure for speed and security
The choice is pretty obvious when you break it down.
The Bottom Line: Profit Doesn't Have to Compete with Purpose
Old financial systems force you to choose: maximize profit or support communities.
Larecoin eliminates that trade-off.
You pay less than traditional processors. Your customers see proof their purchases matter. Global communities receive consistent funding. Everyone wins except the legacy payment companies gouging merchants.
This is what Web3 payments should be: faster, cheaper, and fundamentally better for the world.
Ready to turn your payment processing into social impact?
Explore merchant tools and setup guides at larecoin.com.
Check out how we're reducing merchant fees while scaling global impact in our ultimate guide to Web3 payments.
Join the conversation. Vote on charity allocations. Watch your impact compound with every transaction.
The future of commerce doesn't just move money faster.
It moves humanity forward.

Comments