The vantage Network is a ‘contribution tracking platform’ that allows the donors to see exactly how the money they contribute to a fundraising campaign is spent, down to the transaction level.
This level of visibility creates donor confidence, building trust in nonprofits and ultimately yielding more money raised to help people in need. It consists of a web portal that allows nonprofits to easily manage their fundraising campaigns and create donation points, a mobile payment application used by nonprofit to spend their contributions, a blockchain platform that leverages XVT to track contributions and spending, a digital asset management platform that is used to operate the system and software APIs that integrate the various nodes to enable the tracking of fiat currency and generation of campaign analytics. While vantage network is focused on applying blockchhain technology to provide the benefits of transparency and accountability. Its key features are that it can be easily integrated into any current and future fundraising platform.
Vantage Token (XVT)
Vantage tokens are a key component of the Vantage network. A small percentage of every donation made via the vantage network is converted into XVT, which is utilized inside the platform to track how fundraising organization spend the donations they receive.
Overview of Problems Vantage platform wants to solve
Due to the increase in cases such as trickeries, forgeries, dishonest, and manipulative conducts; in a world full of conmen and con-Organizations, People’s trust has mostly declined in nonprofit Organizations. Philanthropists who once used to dole out their generous donations to help a good cause, using nonprofit organizations as a medium and firmly believing that their money would be spent on appropriate subjects no longer have that trust. The High Cost of the lost trust is paid by people who are suffering from extreme poverty and lack of resources and also by Organizations who are hoping to serve the people they are built to serve. Due to the lost trust, it is estimated that only 16% of the people have confidence in the honesty of the nonprofit organizations and in their dedication to a given cause.
How the platform works.
Vantage Network come with a solution to rebuild lost trust between the organizations and donors, enabling both of them to achieve their common goal of helping a glorious cause Vantage Network provides transparency for the transference and translocation of funds, helping to eliminate donor’s mistrust and doubts concerning the use of their donations and also provides assurance that their money is used wisely and on appropriate subjects.
Website: https://us.vantage.network/
Telegram: https://t.me/vantageofficial
Whitepaper:https://us.vantage.network/wp-content/uploads/2018/05/Vantage-Token-Whitepaper-20180508.pdf
Symbol: XVT
Price: 1.0 ETH = 2000.0 XVT
PLATFORM: NEM
Token Supply: 200,000,000