Using BTC for Social Gifting and Business Growth

Every day, countless birthdays and weddings happen all around the world. Friends and family who live far away often feel pressured to send gifts but can't because of the distance. Imagine if an online gift campaign company could kick off a gift drive about a month before the big day, gather all the gifts, and send one big gift using BTC. That could really take off. Daily gifting could easily hit over 100 million dollars. Plus, for product or brand promotion, offering a tiny bit of gold as a perk, with actual delivery of gold in 1000 milligrams or one gram, all managed through a BTC app, would be pretty cool.

I don't know how well it makes sense to create a different birthday or wedding gift campaign off of  Bitcoin but it makes more sense to gift Bitcoin directly to someone instead of still turning it to a physical present of any kind. @OP, if you want to gift any distance relative or love one a birthday or wedding present, you can simply send them Bitcoin.  It will highly be be regarded as a good gift if the person knows about Bitcoin, but even if the person doesn't know, when they see the value of the coin, they will definitely appreciate it.

Thank You Mr.Blunt for your REPLY. From the  year 2011, I was fascinated to mobilise online Gold bonds from different friends & Relatives through a Online Gift Campaign company charging  around 20 to 30 USDs as campaign fee to advertise in medias like Facebook to mobilise small gifts from all friends & Relatives & gift a Gold chain to the Birthday boy or a House to the wedding Bride / Bridegroom.......through BTC Mobilisation Globally....!!!

It's good for Bitcoin adoption but before you choose bitcoin, Bitcoin giftcard ... as your gifts to someone, you must make sure of two things. The gift receiver knew how to use bitcoin, it's best situation. The gift receiver possibly don't know how to use bitcoin, and you must be ready to teach him/ her about that. If you are ready with both scenarios, it's good to go with gifts related to bitcoin. There are many P2P marketplaces where you can trade your giftcards related to bitcoin. Help: A list of LocalBitcoin alternatives (P2P marketplaces)[List] Gift cards providers

I don't see a problem here so this solution you are proposing may not have any effect, don't get me wrong. Let's say I am far off and I want to send a gift to someone I believe it has to be something good, so this days you can buy things online and even get it delivered to where you want it delivered, so I don't think there is a problem that need solution in that area.

Thank you Bit Bender for your view-Point. If a single person gifts say 20 / 30 /40 /50 USDs from one country to another,the cost is substantial & the Gift is likely to be a Petty one. Today it is normal for every birthday boy to get more than 100 birthday wishes on Facebook from more than a dozen countries. Instead, if these 100 best wishes on Facebook, were converted to Gold bonds.....10 milligrams of Gold costs 1.20 USD / 1.50 SGD / 340.00 SLR / 00.92 GBP / 4.20 AER  / 4.30 SAR / 1.10 EUR / Equivalent BTC, would total to around 20 grams of Gold chain for the birthday boy consolidating all mini gifts from different friends / Relatives from different countries. This will be a good model of BTC Adoption practically in all countries & societies.

I don't know where you live but that's certainly not true in my country. Even getting $10 for a birthday gift is already a lot, especially if we're talking about children. Your hope makes sense if people use Bitcoin regularly already, so I don't think it will drive adoption that much. I agree that a business can take this angle to offer a competitive proposition. I don't think marketing to encourage people to give birthday gifts will be enough to drive up the volume. It's not like a person always has a close friend who lives abroad. CMIIW.

I think this idea makes gifting easier for people far away by using btc to contribute to a big gift. Offering small gold rewards could also encourage more participation.

Creating an online gift campaign that allows friends and relatives to contribute to a consolidated gift for birthdays or weddings is a really interesting idea that could definitely simplify the overall gifting process, especially for those who are far away. Bitcoin as a means of transaction make it easier to collect funds from people in different countries, given its borderless nature and transaction fees are compared to other traditional banking methods. The concept of using gold as an incentive is also appealing being that gold has always been a valuable asset, and providing a small amount as a reward will definitely attract more users to the platform. A physical delivery of gold in manageable quantities, like one gram or more, make it accessible for more people. If executed well, this concept could tap into a large market of people looking to send gifts across distances, and integrating cryptocurrency could give it a modern twist.

Then what BTC application are you introducing here? or you meant to say that BTC itself is the application that can be used for gift giving because it's all in one. We can use it for sending gifts to everyone in the world. If we're not present during their most important days but we are eager to send them a gift. Aside from gift vouchers and codes, sending them BTC will be appreciated for sure. This is nothing new because that's one of the functions that Bitcoin has.

if you want to gift someone that is in a faraway region and can't do so because of obvious reasons, the best thing we can think of is to send the gift directly to them through bitcoin instead of working with a third-party company or whatsoever. it is one of the advantages that comes with bitcoin as it offers ease of transaction across regions that are separate by a large boundary. opting to work with a gifting brand will bring into consideration factors like trust when there is a DIP at the point when the transaction is to be made by the exchange. multiple transaction fee is going to be another factor to be considered, and this all makes it unnecessary when there is a simple option of sending the BTC directly to the person you are gifting.

I have nothing against you because your idea can work and yeah Bitcoin is better than using banks in terms of cross border transactions. My family, friends, acquaintance and people whom I know, mostly live in the same countries. Some of my friends are working on foreign countries, but if they want to get married, they will do it in my country. What I'm trying to say is, the demand is low, although other people might have different life.

Judging by the latter part of the subject field, am I correct in assuming you plan to launch a minimum viable product very soon? One of the very first things that comes to my mind [apart from trust issues], is how prepared you are to safeguard your database against possible data breaches. - A single leak is enough to put someone else's life in jeopardy (e.g. delivery addresses being connected to the gifts like a gold chain or even those who sent gifts through Bitcoin can become a target if you include their names to show how much they've gifted).

Yes gifting items like physical bitcoins for example are also a great way to give bitcoin to someone that maybe doesn't know exactly how it works or even has a bitcoin address as well. The whole process here of reaching out to them or having them set up a bitcoin QR code for a wedding or something is definitely a great idea though, results definitely may vary though. I would honestly expect to see more types of those posts on social media advertised like a go fund me page or something.

There might be some help for you here.

Thanks a Ton Dear SFR-10: this has been my pet Project since the year 2011: To prevent Data breach, Strong steps needs to be taken: The network shall be used for information purpose of BTC of SMALL VALUE only...!!! Consolidating these, we buy & Gift Gold in the Local Gold Spot market...Gold Ownership in not on the BTC Blockchain.   Small...micro...nano values of BTCs are on Blockchain....so safety of Gold is secured...!!!

Thank You Queentoshi for your valuable Opinion & Feedback. For a Campaign Fee of just $ 10 to 20, every birthday boy is likely to get a Gold Gift of above 10 grams. Here in India, spot Gold of a quarter / half gram too is available. I have been working on this project since 2011. For this to take off, I have a strong Business plan, but to take off, Good advertising & partnership of a few sovereign countries is needed since people will not trust a private company & may brand it a FLY BY NIGHT Company....I am approaching a few countries to partner, so that people may have confidence...& I am sure some countries WILL DEFINITELY Partner due to their bad Economy & share of Profits from the Daily volume of business generated

Thank You Heisener....There are Lots & Lots of Senior BTC Evangelists here helping me out here. If I get some good help from BTC Evangelists in different regions, I shall partner with a few crypto friendly  countries  & Launch this with due Diligance & approvals.

Thank You Joniboini for your viewpoint. I live in Bangalore India, where everyday thousands of Birthdays are celeberated Daily. I am a 3 decades Experienced Stage Magician. If every friend of the Birthday boy gifts just ONE DOLLAR / TWO or THREE Dollars, it is OK. Uncles, Aunts, Close Relatives will feel below their dignity to Gift One Dollar, they will definitely Gift above $10. Ten to twenty grams of Gold Gift, Cake cutting ceremony & a Magic Show too may be conducted easily, with profits to Gift Campaign company & donations to the school

Thank You Marvelockg. To save on transaction Fees, dozens of Micro gifts of a particular country may be consolidated into one transaction. As it is a Birthday / Social Gifting of around Less than $ 2000, Authorities may not Levy a tax / duty....or at the most may levy around just 5%....