Humancoin is the blockchain project that has been tasked with the responsibility of changing the world of charitable giving for the better through the application of blockchain technology. Humancoin will attempt to combat the issue of trust in charitable giving through the use of blockchain technology, as well as make donations quick and convenient for donors worldwide. Donors will also be able to track the way funds are being used and also receive rewards from partners of the Humancoin platform.
A good number of respected charitable agencies including the red cross have already begun accepting donations in cryptocurrencies. Humancoin will make the process loads less difficult with the aid of providing a unique platform for most effectively receiving the donations and monitoring it. Humancoin will not mandate donations to be made in Humancoins but projects could be allowed to decide and enable the shape they could choose to acquire donations; fiat or other cryptocurrencies. There also are plans to make Humancoin an international loyalty application aggregator, constructing partnerships with present e-commerce systems in preference to seeking to compete.
The platform provides an opportunity to absolutely tune on-line donations, as well as vote and rank for initiatives and philanthropic in conjunction with different functions. There may be also an option to receive a receipt for each donation for use for tax deduction purposes depending on the donor’s tax jurisdiction. destiny project expansions can be financed with the aid of 5% — generated from funds raised for charitable initiatives, which can be four times lower than the marketplace average.
Humancoin is the first blockchain project that has the ability to emerge as a global e-trade loyalty software aggregator. affiliation with philanthropy gives its tokens a completely unique benefit in growing loyalty programs with partners creating a robust emotional resonance. in place of competing with present programs, the Humancoin token is resultseasily included into already present structures — all it requires is placing a conversion fee.
IMPORTANCE OF HUMANCOIN
The Humancoin tokens can be easily convertible into any points, miles, bonuses, coupons. Token owners will be 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
Token distribution
3 055 million — For Sale
1 000 million — Partnership Development Fund
600 million — Team reward => 50% blocked by smart contract for 6 months. => 50% blocked for 12 months
600 million — Advisors and ambassadors
500 million — Consultant and exchange
245 million — Bounty program, aerial and referral
Funds collected in Token Sale determine the company’s financial strategy and will be spent on project development in the 4th quarter of 2018–2019. Maintenance of the ongoing Humancoin operation will be financed from a 5% fee of fundraising for the charity project.
FOR MORE INFORMATION PLEASE FOLLOW US BELOW:
Website : https://www.humancoin.net/
Whitepaper :http://docs.humancoin.net/HumanCoin_whitepaper_en.pdf
ANN : https://bitcointalk.org/index.php?topic=4469466
Twitter : https://twitter.com/humancoinnet
Facebook : https://www.facebook.com/Human-Coin-1049107488575656
Telegram : https://t.me/HumancoinChat
Reddit : https://www.reddit.com/user/humancoinnet
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