Idea: IRS rules say that if a 501c3 operates a gaming operation, then the gaming losses cannot be deducted by the gambler as a charitable donation (even if the money is spent on the non-profit's mission).
But what if the gambler locks up two Monero payments in escrow, one for $100 and one for $2. If the gambler loses $100, then the gaming company releases the $100 from escrow, and forwards it to the charity, and the gaming company receives $2 as their house fee.
Then, if the IRS ever audited the gamer, they could show them that the $100 payment was made directly to the non-profit.
Idea prompted by the beta launch of Minko, a Monero based Pachinko game that will donate the first month's profits to Monero development.
https://minko.to/
But what if the gambler locks up two Monero payments in escrow, one for $100 and one for $2. If the gambler loses $100, then the gaming company releases the $100 from escrow, and forwards it to the charity, and the gaming company receives $2 as their house fee.
Then, if the IRS ever audited the gamer, they could show them that the $100 payment was made directly to the non-profit.
Idea prompted by the beta launch of Minko, a Monero based Pachinko game that will donate the first month's profits to Monero development.
https://minko.to/