Humancoin : Blockchain That Comes in Charity Facet

yvainewars (7)in #cryptocurrency • 6 years ago

Humancoin is a breakthrough blockchain project, which unites philanthropists and recipients on a single platform in the most convenient and transparent way. Donors (consisting of one in three of us globally) can quickly donate worldwide, monitor their spending online and also receive discounts from platform partners. Charitable projects can receive funds with minimal exploitation costs and in a short time in convenient currency.

The Humancoin Token can easily be converted into tokens, miles, bonuses, other coupons. Owner tokens will be encouraged to hold them to take advantage of attractive benefits, and this provides long-term, stable demand. As the number of partners and the scale of cooperation within the Humancoin network grows, the popularity of tokens grows.

This is the first in the history of a blockchain project, which can be a global aggregator of e-commerce loyalty programs. with the Association's philanthropic tokens provide a unique advantage in the development of loyalty programs with partners to create strong emotional resonance. Instead of competing with existing programs, Humancoin marks can be easily integrated into existing systems - all that's required - is to set the conversion rate.

Problem
Despite the rise of new mechanisms for donating, the charity industry still cannot overcome its main obstacle — a lack of trust. Donors, most of whom are private individuals, simply lack the means to verify whether their funds have reached the addressee in full and in the required timeframe, even if they transfer the money with the help of specialized organizations. According to various sources, about 20% (or more) of all donated funds end up being kept as administrative expenses by charity foundations. Many are faced with the complexity of cross-border payments (when one wants to help a foreign recipient) and later, potential difficulties with regulatory bodies. In addition, donors are forced to spend a part of their well-intentioned contribution on covering the operational costs of the transaction.

Solution
The distributed ledger technology, which is designed to put an end to the middleman, gets rid of the long charity chain composed of banks, NGOs, state bodies and law firms. Blockchain provides a digital mechanism for recording and viewing any transaction. It is important that the record cannot be hacked or modified. Blockchain solves the trust issue by providing transparency, traceability and security. Importantly, the new technology facilitates the development of direct financing platforms on a much larger scale. Philanthropists themselves can ultimately benefit from automated smart contracts as the recipients of grants will only be able to use their funds after meeting mandatory conditions.

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.

Features Of Humanitation, Which Differentis It Form Other Coins.

It will be the first block link that has ever been able to become an aggregator of the global e-commerce loyalty program.
The sign will have a unique advantage in the development of loyalty programs with partners creating a strong emotional resonance due to its association with philanthropy.
Instead of competing with other existing programs, the Humancoin token will be integrated effortlessly into an existing system, only an established conversion rate is required.

The main destructive advantage of a human coin is that the project blockchain will for the first time have a project that will have the potential to become a global aggregator of the many loyalty programs that will emerge in the field of e-commerce because of the support that will be received from the charitable industry.

Some Advantages Of Humancoin.

Humancoin will become an open platform for P2P, which will allow the benefactor to receive a direct point donation. The project will not be tied to any organization, since there are so many charitable organizations around the world.
Artificial use of the received token will not be compulsory for charitable operations. Any project based on the platform will give a convenient specification for the type of fiat or crypto currency that he wants to use.
The most popular crypto and currency currencies are easily managed by the Humancoin platform. Usually there are no restrictions for projects and even users when it comes to using currency.
Priority of this project remains integration and compatibility with existing popular market solutions.
There will be a limited fee of 5% for horticulture to raise funds, and this will be used for future platform support, but the commission charged by existing charitable funds may be up to 20-30%.
The platform will be able to use the function of the most functional and user-friendly interface.
If the donor wants, he can decide to leave his fund in the pool of people, the system will automatically allocate money for the projects with the highest rating from the platform community.
The first platform for hiring professionals will become Humancoin.
Additional options will also be available on the platform, so users can also pay for Humancoin tokens, in which case additional benefits will be highlighted.

Why own Humancoins?

The Humancoin tokens are easily convertible into any points, miles, bonuses, coupons. Token owners are incentivized to hold them to take advantage of attractive benefits. And this provides a long-term, stable demand for tokens.
As the number of partners and the scope of cooperation within the Humancoin Network grows, so does the popularity of the token.
The Proof of Charity “mining” concept allows the project to scale hundreds and thousands of times.

One Of a Kind Highlights OF Humancoin
This is the main ever blockchain venture that can possibly turn into a worldwide web based business reliability program aggregator

Relationship with altruism gives its tokens a remarkable favorable position in creating unwaveringness programs with accomplices making a compelling enthusiastic reverberation

Rather than contending with existing projects, the Humancoin token is easily coordinated into effectively existing frameworks — all it requires is setting a change rate

Market Highlights
$ 750 bln- Charity
Every third person on Earth gives to charity
$ 2 300 bln- E-Commerce
70% large brands interested in the image of social responsible companies
$ 300—900 bln- Cryptocurrencies
75% of large businesses do charity work

The Human Coin Blockchain Philanthropy Charity Platform Solution
The Humancoin project will resolve these issues via the blockchain integration into three sectors. These are e-commerce, charity, and the crypto industry. While annual donation volumes are estimated at $750 billion USD globally, the capitalization of the crypto sector is estimated at $300-$900 billion USD. The value of the B2C e-commerce sector is about $2.3 trillion USD.

By bringing synergy to these three markets, the project will herald a new era of charity. There will be a fixed number of Humancoin tokens for sale at the Token sale. These funds will go towards creating the Humancoin P2P platform.

There will also be an international network created, which will support this project. It will entail developing a partner network and launching a PR camping. At the end of the token sale, all tokens will be listed on crypto exchanges. After the token sale is over, the platform will start accepting applications and collecting funds for the charities. Donors will be able to pick projects, which they can fund.

ICO Details
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