HUMANCOIN: TRANSPARENCY IN DONOR INDUSTRY AT LAST
Hello ladies and gentlemen, welcome once again to my review on a project I found to be trending with exquisite features and with a remodify the Charity Organization, this project HUMANCOIN will provide a platform where philanthropist/donor can easily donate to charity homes without fear of whether it get to the right people.!
HUMANCOIN evolved from the desire to change the charity for good, likewise enhancing the growth of e-commerce and cryptocurrency. One of the major problem that bedevils most charity organization is the problem of trust, donors worry about if their donations get to the right recipients, but with the help of Humancoin donors can be able to monitor transactions to see if their funds are being spent exactly as intended.
HUMAN COIN is a revolutionary platform that will change the philanthropy industry for good and solve the above mentioned issues through the integration of blockchain into three thriving sectors:
Theses 3 important sectors were incoperated to avoid competing with other platforms HUMAN COIN establishes partnership with them. Thereby making the tokens convertible to miles, bonuses, coupons, tokens and is effortlessly integrated into already existing systems, without forcing business owners to reconfigure them, since all that is required is setting a conversion rate.
HUMAN COIN resolves the issues of distrust by bringing about a distributed ledger technology that is designed to nullify the presence of a middleman and likewise gets rid of the charity chain composed of banks, NGOs, state bodies and law firms. The platform also offers a digital mechanism for the recording and viewing of any transaction that cannot be hacked.
KEY FEATURES OF HUMANCOIN
1. All-in-one innovation: Instead of competing with existing platforms, the Humancoin token is effortlessly integrated into already existing systems (charity, E-commerce and Cryptocurrency – all that is required is setting a conversion rate.
2. First of its Kind: Since it is the first ever blockchain on charity, it has the potential to become a global e-commerce loyalty program aggregator.
3. Easy Usage/User friendly: It possesses the quality of simplicity and implementation.
4. Association with philanthropy gives its tokens a unique advantage in developing loyalty programs with partners creating a strong emotional resonance.
5. Being a P2P platform, benefactors will be able to make pinpoint donations not to a fixed charitable organization but to many of them since the charity world is international. The currency can be converted, using the conversion instrument on the platform, in order to make donations for projects that demand a specified cryptocurrency that they feel comfortable with.
HOW IT WORKS
The platform provides the opportunity to fully track donations online, as well as voting and ranking for projects and philanthropists along with other features.
There is also the option to receive a receipt for each donation to use for tax deduction purposes depending on the donor’s tax jurisdiction.
The future expansion of the project will be financed by the 5%-fee raised from the funds collected for charity projects, which is 4 times lower than the market average. Charitable projects, both private initiatives, and foundations enter the details in the Humancoin platform. They complete a standard format the initial stage. In the future, Humancoin plans to conduct a forensic audit with the help of specialized financial and legal teams. Contributions can be anonymous or, conversely, if the donor so wishes, can be made public.
HOW TO MAKE DONATIONS
Contributions can be made public, or made anonymously. Every donor can be able to select a project on the platform and transfer money instantly in their choice of currency. Whenever a need arises in order to send money to the victims, the donor will have to adjust the filters to find a suitable project in order to make contributions for the intended victims. The messenger feature will help in uniting those are engaged in charitable activities by means of direct communication.
Donations are only made to projects that have passed verification after application, these projects will be hosted on the platform to obtain donations. The forensic team are in charge of carrying out legal and economic validation of the projects.
ICO AND TOKEN DETAILS
The aim of the initial coin offering is to enable the team accomplish the development of the project as such fund raised during the tokensale will solely be used for that purpose.
Token Name: Humancoin
Total Coin Emission: 6000, 000, 000 Humancoins
Tokens for Sale: 3, 055, 000, 000 Humancoins
Price of the Tokens: 1 Humancoin = $0.01 USD
Min Purchase: 0.1 ETH
Presale: July 1 – August 15
Token Sale: September 15–November 1
Soft Cap: $6,000,000 USD
Hard Cap: $26,000,000 USD
Distribution Of Funds
Partnership Development Fund – 1,000,000,000 Humancoins
Team reward – 600,000,000 Humancoins
Advisors and ambassadors – 600,000,000 Humancoins
Consultants and exchanges – 500,000,000 Humancoins
Bounty, Referral, and Airdrop – 245,000,000 Humancoins
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Writer’s BTT URL: https://bitcointalk.org/index.php?action=profile;u=2007250;sa=summary