Introduction
Philanthropy is the Greek word which describes “love of mankind”. It is an act of donation or sacrifice for the good of the less privileged around the world.
Philanthropy defers from charity though both terms share some similarities. In their varying sense, Charity brings relieve to some societal issues while philanthropy eliminates the cause of the problem.
Philanthropy foundations are important in the sense that they promote ideas which may be very unpopular or controversial to attract assistance from the government.
The wellbeing of mankind and the ecosystem is dependent on private organizations which do not primarily seek profit as a condition to do good works.
We intend to reorganize the nature of future of philanthropy and make anyone a real philanthropist.
About Philanthor
Philanthor is for people of common interest towards putting ideas together in order to set up a system that improves life here on earth with the future at heart.
With earnest consideration on blockchain, Philanthor tend to solve real-life challenges which confront our age and ages to come. Our resources are widespread to touch the need of our member’s dispositions regardless geographical boundaries or cultural affiliations.
Philanthropy over Blockchain
The Traditional Philanthropy system has its own basic challenges. With the use of Blockchain, Philanthor promises better philanthropic approach for the future:
Our usage of crypto-currency reduces the influence of middle man and enables us to maximize resources in support projects.
Decentralised automation of decision making (DAO) - with Philanthor decisions are managed by the collective intelligence of potentially members, and governed by smart-contracts.
Complete transparency that builds trust and reduces waste of funds and effort. With blockchain all the transactions are visible and cannot be tampered with.
Since the activity over blockchain is documented, measuring the impact of the foundation is achievable.
Social Impact and crowd funding
Philanthropy faces the issue of impact measurement because most of the sponsored projects are not tangibly quantifiable.
Philanthor has several aspects of solving this problem. Our platform is transparent. Hence, it allows the members to see movement of funds.
Both the donors and the receivers can view how funds are moved, to whom and when, and this data accumulated at intervals.
Our means of raising funds is from public sale called ICO or TDE. It invites the public to donate funds in exchange for Philanthor’s tokens PTH. The donors are made members who define what and what not to, this approach enhances transparent and democratic system of rules.
PTH Token Sale
Our token sale is divided into different terms:
Committed Token Economics
We made specific allocations and pre-distribution of 100 million PTH tokens, with a value of $50m, into 5 fund wallets. 50% of the tokens sold during Public Sale are directed to these 5 funds.
Usage of Tokens
Unlike ordinary donation which is a “gift and forget”, Philantor inspires people to make impact in philanthropic activities. Our PTH donation utility tokens provide the donors with benefits:
The Philanthor Token Sale Details
Token: PTH
Price:1 ETH = 10,000 PTH
Pre-ICO Price: 1 ETH = 15,000 PTH
Platform: Ethereum
Hard cap: $20M
Pre-Sale: June to September 2018
Public Crowd Sale: Opens in October 2018
Our Funds Create Impact
Our philanthropic impacts will be felt by recognised public charities including educational, scientific and cultural institutions and poverty relief agencies through the grants we would give them. Individuals in hardship, emergency situations and medical distress will also receive grants affiliated with credible charity criteria.
Our impact investment focuses on start-ups ventures whose actual business is in social welfare and related technologies, like medical-tech, clean-tech, green-tech, food technology, education and others. The returns from the investments go back to Philanthor’s Foundation as a revenue channel for the continuity of its work.
Philanthor is the Private Foundation of V6 Ventures LLC a company registered in Delaware, USA. After the pre-sale phase V6 may register Philanthor as a Foundation in additional countries including France and/or the USA.
SUMMARY
Several problems of traditional philanthropy are considerably solved by the Philanthor Foundation using the crowd funding initiatives in the blockchain technology. Not only solving the problem, Philanthor eliminates the roots of related problems. Through its well developed roadmap, Philanthor shall be distributing donations and developmental works by the year 2019.
More Information Visit The PHILANTHOR Link:
Website : https://www.philanthor.com/
Whitepaper : https://www.philanthor.com/assets/whitepaper.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=4580512
Telegram : https://t.me/joinchat/De8h0A2tROb6LWfKRnQPrw
Facebook : https://www.facebook.com/philanthor/
Twitter : https://twitter.com/philanthor1
Author : Delightme
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1860734
