What is Inpactor (CSRm) Project?

What is Inpactor (CSRm) project?

CSR stands for Corporate Social Responsibility. It is a business approach that contributes to sustainable development, by delivering economic, social, and environmental benefits for all stakeholders.

“Social responsibility is the responsibility of an organisation for the impact of its decisions and activities on society and the environment, through transparent and ethical behaviour that:
Contributes to sustainable development, including the health and the welfare of society
Takes into account the expectations of stakeholders
Is in compliance with applicable law and consistent with international norms of behavior
Is integrated throughout the organisation and practised in its relationships.”
That is the definition of CSR taken from the Guidance Standard on Social Responsibility, ISO 26000, published by the International organisation for Standardization in 2010.

Inpactor's Features:

Inpactor is the first stop platform on the planet that connects Brands to Causes for Volunteers, enabling them to easily create and implement Humanitarian projects, and get incentives for their businesses and performance. Inpactor intends to improve the business of Corporate Social Responsibility (CSR) by presenting a new ecosystem of intelligent philanthropy.

Some portion of this platform will be supported by blockchain and equipped with a CSR Token, enabling us to present a new, humane, intelligent ecosystem addressing 5 noteworthy industry issues that have plagued the compassionate business for a considerable length of time:

More money related transparency

Money related transparency is one side effect of the current broken model that can be handled by Inpactor. Utilizing Distributed Ledger Technology, Inpactor will create money related transparency in the financing process between Brand and Cause.

Reliability

Notwithstanding more transparency, more collaborative reliability is required in the helpful business, and this can be achieved from multiple points of view. At Inpactor, each Project will be based on intelligent contracts tailored to the specific Project, to facilitate more transparent, scalable, and reliable implementation and results.

Reporting and responsibility

Inpactor introduced a concept called Proof of Impact (PoI). Not exclusively do Inpactor offer an effect measurement apparatus for Causes, yet in addition ensure the exactness of the reporting platform through voting conducted by Volunteers involved in the Project. Based on whether or impacts are validated, For will receive the Performance Fee, create a clear incentive to Cause delivery, otherwise the shrewd contract will just somewhat refund to the Brand.

Measures ROI on CSR initiatives

Brands receive CSRm incentives after financing the Project as a reward for social effect making. Brands would then be able to spend CSRm on premium advertisements or features inside the Inpactor platform, creating a direct ROI on their CSR initiatives. As an alternative, CSR can be staked out to earn a fixed rate. Volunteers can generate little measures of CSR by taking an interest in Projects, which can be traded on the exchange, making CSRm the principal token that must be obtained through the creation of social effects (post-ICO of course).

Government

At long last, in order to address one of the most essential (and complex) issues in the helpful business, Inpactor will implement the DGF to give voters an expression in the direction of the association as a whole, enabling them to choose strategic points, create an Inpactor platform worked by the group, and governed by the group.

Inpactor is a platform by incitement; a next-generation social technology business that has designed and implemented a large-scale multinational Corporate Social Responsibility program crosswise over Southeast Asia for some of the world's largest brands and establishments (Pepsico, L'Oreal, Cummins, FedEx, Nestlé, CIMB, Ministry of Finance, and significantly more).

Hasutan has been recognized locally and globally for its work, and the Incitement team has received different honors for their work with sedition, for example, the 30 Under 30 Underwriter Award, Supreme Leader 100, Most Innovative Entrepreneur, Social Progress Award 2016, UN Habitat, and more .

Inpactor is the next generation of social business

What started as a social movement in 2011, spread everywhere throughout the world like out of control fire. After 6.5 years, the Insitement has branches in 46 countries, hosted 100 social events and projects, and is widely regarded as the # 1 social business in Southeast Asia, implementing CSR answers for some of the world's largest Brands.

Inpactor believes that Corporate Social Responsibility ought to be an investment for the Brand - not simply gifts. This is a great route for Brands to pull in more customers and strengthen Brands.

Hasit helps Brand design and implement CSR initiatives in line with the value system embedded in Brand DNA.

CSR Tokens

In the following section you will be introduced to two tokens – CSRi and CSRm

CSRi

CSRi is the usage token inside Inpactor. It is created when receiving funds in fiat from Brands, and it is destroyed when returned to us in exchange for fiat – its sole purpose is to facilitate transparency, reliability, and accuracy in the platform. It creates transparency in spending using Distributed Ledger Technology (DLT), solves reliability using smart contracts, and ensures Project delivery using Proof of Impact (PoI). Likely, we will be using Hyperledger from the Linux Foundation and hosted on IBM’s blockchain platform for secure implementation of CSRi into Inpactor. Any user of 55 Inpactor is allowed to run a peer node to help create a more distributed ledger.

CSRi comprises three key attributes:

CSRi is a usage token and is used only within Inpactor

CSRi is an impact-only token (hence the ‘i’ in CSRi). It is only created by Inpactor when a Brand funds a Project by converting the funding amount in fiat to CSRi. When the Project reaches completion, CSRi is destroyed.

CSRi acts as a stable token. It functions within the platform without suffering from the extreme volatility inherent to today’s token market.

CSRm

The CSRm token is Inpactor’s work token. It allows for the implementation of a governance system, the creation of better measurement of incentives through CSR activities, and added platform benefits and features for token holders. Token holders who are not a participant of the core platform per se, will be able to spend their CSRm tokens within the Vendor network of social businesses, and CSRm can be donated to Projects via SFI.

CSRm comprises four key attributes:

CSRm is a work token and can be used both inside and outside of Inpactor

CSRm is tradable on the market (hence the ‘m’ in CSRm)

CSRm uses Stake For Impact (SFI) – a Proof of Stake-like function

CSRm provides contributors voting rights through a Governance Framework (GF)

For more information:

Website: https://csr.inpactor.com/

Facebook: https://www.facebook.com/theincitement

Twitter: https://twitter.com/theincitement

Telegram: https://t.me/theincitement

ANN thread: https://bitcointalk.org/index.php?topic=3283594.0

Author: tinhkhuat