The Blockchain system has so many advantages, the core being Transparency. Non-profit organizations, government organizations and financial institutions lack transparency in their various activities. When funds are sent to the non profit organization/charity organizations, they are not appropriately used on the end users due to lack of transparency as those in charge would like to get a cut from the money donated. Same thing happens with financial institutions, government organizations and every where money passes through. There is lack of accountability as the funds given them cannot be tracked when needed.
These sectors need transparency for a successful operation as a research on this shows that more people will donate to Charity organizations when they are transparent and able to show how every donation was spent. This is what the Vantage Network aims to achieve.
WHAT IS VANTAGE NETWORK?
The Vantage Network is a Contribution Tracking Platform that gives individuals, companies, group of persons who donate to a Charity organization opportunity to see exactly how the money they donated to the Charity organization is spent, and every transaction carried out with the funds. The Transparency shown will encourage more donors to help the course and more money will enter the organization.
The platform is built on the NEM blockchain system to show Transparency in transactions. By this, the Vantage Network is open to virtually any organization that wants to conduct online contributions. This includes educational institutions, government entities and even crowdfunding platforms.
This helps the individuals in need of help to get their needed help. The Non profit organization also get the money they need to assist people while Contributors clearly see the impact they are making through their donations.
The Vantage Network will interface with the Digital Asset Management Platform through the Vantage Network API to leverage certain third party decentralized technologies for storage of files, images, documents.
THE VANTAGE TOTOKEN(XVT)
The XVT token is the fuel of the Vantage Network. Transactions in the platform will be done with it. It will be used for recording charitable donations, tracking the amounts donated to each nonprofit, and tracking disbursements from a nonprofit for goods and services.
The Vantage Token will be used by XVT holders to:
• Donate directly to charities with XVT
• Review and promote their favorite non-profits inside the Vantage Portal.
• Set up a Vantage Donation Point and raise funds using the Vantage Network once it is open to other fundraising entities than Non-Profits
• Vote directly on Vantage Verified ICOs in a ranking system designed to support a community driven feedback model once ICO regulation phase is implemented
• Donate directly to Vantage Verified ICOs with XVT
Token Details.
.
• Token : Vantage
• TICKER :- XVT
• PLATFORM :- NEM
• Type : Utility-token
• Token Standard :ERC-20
• Accepting Currencies :- ETH, BTC
• Token price in ETH: 1 Token = 0.000500 ETH
• Public Sale Price: 1 ETH = 2000 XVT
• Tokens available for private sale: 40,000,000 XVT
• Tokens available for public sale: 70,000,000 XVT
• Bonus Program:
• 20% Week 1 (Aug 1 - Aug 7)
• 10% Week 2 (Aug 8 - Aug 14)
• 5% Week 3 (Aug 15 - Aug 21)
• HARD CAP :- 35,000 ETH
• TOTAL TOKENS :- 200,000,000
• KYC REQUIRED :- YES
• COUNTRY :- CAYMAN ISLANDS
The Vantage Network Project is backed by so many organizations and it has high ratings. It cannot only be used in the Charitable Sector but other organizations where funds passes through.
For more info and update about this project kindly follow the link below
https://vantage.network/
https://www.facebook.com/vantagetoken/
https://twitter.com/vantagetoken
https://www.linkedin.com/company/vantagetoken/
https://medium.com/vantagetoken
https://t.me/vantageofficialcommunity
https://www.youtube.com/channel/UCgTA-a-pOSVqRz-DWFie4Kg
Author Detail’s
BountyOx username-Sandycee
