Welcome back to the ICO project review blog! Today I will introduce you to Humancoin Project
Humancoin is a revolutionary platform bringing about the synergy of philantropy industry, retail e-commerce and cryptocurrency markets, which together have a combined value of $3.5 trillion.
The blockchain platform fuelled by the “mined” Humancoin token will breathe new life into the charity industry, proving an engine of growth
While at the same time becoming a premier global loyalty program for an increasing number of partners in e-commerce.
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
Association with philanthropy gives its tokens a unique advantage in developing loyalty programs with partners creating a strong emotional resonance
Instead of competing with existing programs, the Humancoin token is effortlessly integrated into already existing systems — all it requires is setting a conversion rate
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
Doubts over whether the contribution will reach the recipient in full and on time, and a lack of trust in charities
High operational costs of the transactions, the complexity of cross-border payments, as well as dealing with regulatory agencies
Inability to discern any additional benefits for making a donation
Huge competition in e-commerce with the most pressing challenge being to retain existing customers
Donors can quickly make donations worldwide, monitor their expenditure online, receive benefits from the platform's partners
The symbiosis of e-commerce and cryptocurrencies will facilitate an increase in the number of donors
Among the project's partners will be large online stores, service businesses, gaming and entertainment industries, airlines, cryptoexchanges, international corporations, regardless of whether they operate with cryptocurrencies or not
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.
Pre-Sale
July 1 — August 15
Expected to raise$1 mln
Token Sale
September 15 — November 1
Softcap — $6 mln
Hardcap — $26 mln
The funds raised at the Token Sale will be spent on the development of the project in 2019
There will be additional token emissions (mining), 100% tied to the actual volume of charitable donations (Proof of Charity)
Humancoin ICO chart
6 000 mln- The total emission of Humancoins
3 055 mln- For sale
1 000 mln- Partnership Development Fund
600 mln- Team reward
50% blocked by smart contract for 6 months.
50% blocked for 12 months
600 mln- Advisors and ambassadors
500 mln- Consultants and exchanges
245 mln- Bounty, airdrop and referral program
development of the project idea
establishment of the core team and the pool of early backers
сonsultations with the charity community and experts on loyalty rewards
final shaping of the team
Q2 2018
start social media and PR campaign
preparations for the Token Sale
Q3 2018
Token Sale
development of the platform and expansion of the team
preliminary negotiations with the program partners
MVP
Conclusion of agreements with anchor charitable foundations
Q4 2018
completion of the Token Sale and listing on cryptoexchanges
launch of the charity platform in beta
conclusion of agreements with
e-commerce partners
completion of the establishment of the legal structure
Q1-Q2 2019
the platform enters operation
collection of funds for charities and distribution of tokens to benefactors further development of the platform
Q3-Q4 2019
full functionality of the platform
extension of the list of
e-commerce partners
extension of the list of charitable foundations
For more information please follow us below:
Author:
BCT username: nguyentuit5a
BCT url: https://bitcointalk.org/index.php?action=profile;u=1502146
Address: 0xBa1ffB8993063cd5402CCB84f4330177D4410fFd
