Alan Hirsch has a post up this morning on onehitwonder. Here is a bit of what he had to say:
Here is a great idea that is easily achieved! My dear friends and colleagues from Third Place Communities and Forge Tasmania have come up with a way of blessing the world’s poorest. And all it will cost you is $1!!! ? Its called One Hit Wonder. Here it is…
We hope to gather 7.29 million dollars, one-dollar at a time, then give it all away to those who need it most. Here’s how we seek to do it. What if everyone in the world gave you one dollar? Have you wondered what you’d do with it? We have, & we’d like to see how many people across the planet will give a dollar & then give it away to the poorest communities in the world. Currently 729 million people have internet access. Imagine if just 1% of these people were willing to get involved & give one dollar. That would amount to over 7 million dollars to give away. Not bad for a measly dollar!
On December 25, 2008 we’ll begin to give away every dollar-90% to the poorest communities in developing countries, & 10% (plus interest) will be utilised locally. The money will be given through registered well-known organisations across the globe covering many regions & needs. Not one dollar will be used for administration or any other associated expense. These costs will be covered by us & our partners. For those concerned this is a scam we’ve asked Deloitte, one of the world’s leading accounting firms to audit onehitwonder.
Want to know more? Check it out at www.onehitwonder.org