The comment section is exploding! Shuidi Chiao: We have never been a charitable organization!
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#The listing of Shuidi Chiao has sparked a public opinion storm. Recently, an emoticon package called "Never Sleep Again Shuidi Chiao" has caused widespread discussion on the internet

#The listing of Shuidi Chiao has sparked a public opinion storm. Recently, an emoticon package called "Never Sleep Again Shuidi Chiao" has caused widespread discussion on the internet. This emoticon pack was originally meant to remind people to go to bed early, but everyone quickly shifted their attention to the platform of Water Drops. As a crowdfunding platform, Waterdrop Fundraising was initially a way to help poor people raise funds. However, with its listing and commercialization, people have raised doubts about its positioning.

Shen Peng, the founder of Shuidi Chiao, responded that Shuidi Chiao is not a charitable and public welfare organization, which also explains why it can be listed on the NYSE American. The core concept of Water Drop Fundraising is rescue and fundraising, but it has raised concerns by extracting commissions from numerous donations as a profit channel.

People did not expect that water droplet financing had evolved into a complete industrial chain. The emergence of various ghostwriting and insurance products on the platform, as well as the option to purchase exposure, has led people to doubt whether donations are truly used for practical needs. Some people speculate that only a small portion of the donations have reached the hands of those seeking help, while the majority have been drawn through water drop fundraising. The news on the internet also confirms this, with the proportion of water droplet financing extraction ranging from 30% to 70%. Such a high proportion makes people question whether water drop fundraising is only a company that relies on public donations, and what is the difference between directly asking for food?

Faced with many doubts, Shuidi Chiao did not actively respond. However, in June of this year, Shuidi Chiao quietly listed on the NASDAQ stock exchange in the United States, successfully attracting everyone's attention. For a moment, netizens joked that "Shuidi plans to cut domestic chives and then go abroad to live a cool and unrestrained life! This incident further deepened people's doubts about water droplet financing.

As a crowdfunding platform, Waterdrop was initially given hope by people. It provides a convenient channel for those in need to receive help. However, with the passage of time, the commercial attributes of Waterdrop chip have gradually become prominent. From extracting commissions as a means of profit to collaborating with commercial institutions to promote various products, the commercialization model of Shuidi Chiao has been criticized.
Although Shen Peng, the founder of Shuidi Chiao, clearly stated that it is not a charitable and public welfare organizationBut this does not mean that people's doubts about their business behavior can be ignored. The listing of Shuidi Chiao has further sparked public doubts about its commercialization and capital operation. The crowdfunding platform was supposed to be a channel for people to help each other, but the business model of Shuidiqian made it deviate from its original public welfare attribute, causing people to worry about its values and moral bottom line.

To solve this problem, Waterdrop Funding needs to disclose its funding flow more transparently, clarify its positioning, and balance commercial interests and public welfare responsibilities. At the same time, regulatory authorities should also closely monitor the operation of crowdfunding platforms to ensure that their development meets the requirements of social ethics and laws and regulations. Only in this way can crowdfunding platforms truly play their rightful role, provide genuine and reliable support to those in need, and restore people's confidence in such platforms.
If you have any opinions on this matter, you can leave a comment and discuss it together in the comments section!
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