My first impression when I opened the Little Phil website was generally positive. I liked the design, the general message, and the way this charity works. That was before I opened their video presentation, which really bummed me out. Please understand that I hate when startups design their business pitches as if they are meant for the little school children. With cartoons and that condescending narrative voice - gosh, I hate it! They really need to stop doing that for good. It's the grownups who give money for charity, so please address us as such. Apart from that, Little Phil is a good project, and I recommend using it for some good deeds.
Please forgive me for being slightly insensitive, but I have seen my share of scams that use the images of cute children to lure money from people. I am not implying that Little Phil carries out any fraudulent activities, it is just I am yet to find some documentary evidence of how the project allocates the raised funds, or at least how they control the flow of money and counteract possible fraudulent activities. I know that this is perhaps too much to ask from a fledgling project, but there is no denying the fact that charity presents a very broad field for speculation. Should I discover this information, I will definitely consider using Little Phil for charitable purposes.
I see people accusing Little Phil of not being unique or groundbreaking. That’s true, there is nothing unique about charity, because it has nothing to do with innovation but rather with the state of your heart and soul. This project has a very good social media presence and engagement: almost 10 thousand followers on Twitter, and even more on Facebook. That is more than some blockchain projects that promise to “disrupt the industry”. There are a lot of people who believe in Little Phil, including me.
I have been blessed to be born in a family that is more than well-off and have a thriving business, but I am fully aware of the fact that there are millions of people who were not as lucky. Therefore, I think of it as my duty to help those in need, especially if the situation concerns children. That is the reason why I always give a part of my income to various charities. Little Phil was a real discovery for me as it provides for total integrity thanks to blockchain. Now I can be sure that my giving will be received in full. I recommend Little Phil to all those who feel the need to share and help.
The project's vision is excellent, however, that does not make the project unique, and there are multiple others with a similar plan and goal. So far, it has received average ratings, with complaints that the white paper lacks business and financial planning issues, as well as their correlation with the tokenomics.
Further, while the team consists of professionals in the area of engineering - they could use more marketing and fundraising specialists, which would do a better job at presenting the project and its ICO. The concept is still excellent, and there are no red flags worth mentioning, which might indicate that there is something wrong. It appears to be a genuine project with a goal of helping others, which is quite admirable by itself.
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