Charity market
According to the Charity Aid Foundation, private individuals are the most active donors. Traditionally, their contributions account for up to 80% of all donations, with crowdfunding rapidly evolving. Around 15% of all donations are through foundations, with large corporations accounting for only 5% of donations.
Every third person on Earth gives to charity at least once per year, with 50% of donors providing aid to strangers according to the World Giving Index 2017, compiled annually by the Charity Aid Foundation. For the third consecutive year, charities have raised a record volume of funds. In the US alone, the amount of recorded donations reached $400 billion. About three-quarters of the country’s residents have helped a stranger at least once, and two-thirds have donated money to multiple charity foundations. The volume of donations in the US consistently exceeds 2% of the nation’s GDP; around 7 new charitable foundations are created every single day, with more than 1.5 million currently in operation across the country.
People donate money more often and more readily to religious causes (32% of the collected money); education (15%); humanitarian aid (12%); charity fund projects (11%) and healthcare (8%). An additional 22% of donations account for other purposes, including environmental protection, protection of wild animals, as well as culture, art and international projects.
HUMANCOIN SUMMARY
Humancoin is a revolutionary platform bringing about the synergy of philanthropy industry, retail e-commerce and cryptocurrency markets, which together have a combined value of $3.5 trillion.
Humancoin is a revolutionary platform that is changing the philanthropy industry for good, specifically created to work in synergy with the e-commerce and cryptocurrency markets, which together have a combined value of $3.5 trillion!
While the annual volume of donations is estimated to be in the region of $750 billion worldwide, the capitalization of the cryptocurrency market is valued at $300 to $900 billion, and the volume of the B2C e-commerce sector has reached $2.3 trillion. By bringing about the synergy of these three markets, the project is set to herald a new era for charity
After the Token Sale is completed, the Humancoin platform will accept applications and collect funds for charities on an ongoing basis. Donors can choose projects directly to benefit from their funds, or alternatively make donations through the Humanpool (a collection of projects selected automatically
Humancoin.net (hereinafter Humancoin) is a breakthrough blockchain project, which unites philanthropists and recipients of funds on a single platform in the most convenient and transparent way possible. Donors (which comprise one in three of us globally) can quickly make donations worldwide, monitor their expenditure online and also receive discounts from the platform’s partners. Charitable projects are able to accept funds with minimal overheads and in the shortest time in any convenient currency.
This is the first ever blockchain project in the history of the e-commerce industry that has the potential to become a global loyalty program aggregator. Instead of competing with existing programs, the Humancoin platform actually builds partnerships with them. The Humancoin token is convertible into points, miles, bonuses, coupons, tokens and is effortlessly integrated into already existing systems, without forcing business owners to reconfigure them — all it requires is setting a conversion rate.
The blockchain platform fuelled by the Humancoin token will breathe new life into the philanthropy industry, providing an engine of growth while at the same time becoming a premier global loyalty program for an increasing number of partners.
As the number of partners grows, which is one of the project’s main priorities, we anticipate a significant increase in the popularity of the token. In particular, there are plans to develop partnerships with cryptoexchanges allowing Humancoin token holders to receive discounts on exchange fees (similar to one of the leading cryptocurrencies — Binancecoin, the holders of which get a 50% discount on transactions commission at the Binance exchange). The same principle will apply to airlines, where the token will be used in the same way as Air miles.
Marketing analysis
It is surprising that over the centuries the charity industry has changed very little in terms of the technology employed, except that the role that monasteries played two hundred years ago has now been taken over by philanthropic foundations. While the funds now have phones, printers and computers in their offices, the problems haunting the industry have remained the same. It is difficult for philanthropists to find worthwhile projects, quickly and seamlessly transfer money to them, and most importantly, be sure that the aid that they provide reaches the addressee and is used purposefully for a just cause without any significant transaction costs.
The Humancoin platform offers a revolutionary solution for the charity industry. The consolidation of blockchain technology, the cryptocurrency market and e-commerce loyalty programs into a project will forever change the charity industry. Let’s look at each of the three industries.
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WEB SITE: https://www.humancoin.net/
WHITEPAPER: http://docs.humancoin.net/HumanCoin_whitepaper_en.pdf
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