Sabtu, 03 November 2018

Humancoin - charity using cryptocurrency




The sphere of donations has long become enormous, its size exceeds a billion dollars, many charitable funds are constantly opening, companies are eager to allocate their expenses and some donate to charity, and very rich people often donate really large amounts to charities or help is needed. All this is easily explained by the human desire to help those in need, and for commercial organizations it is also a good advertisement and some tax breaks.

Nevertheless, the existing system for collecting and transferring funds has serious problems, and the main ones are non-transparency and misuse of funds, as well as high associated costs and expenses for intermediaries.

The Humancoin project based on the blockchain is designed to solve these and other problems of the existing charity system by making it transparent and verifiable, as well as providing all interested parties with the necessary reporting and creating a rating system of projects.

The Humancoin project creates a new safe and transparent environment where donators may not be afraid that their funds will go wrong. 

Anyone who makes donations can conveniently and quickly transfer them to anywhere in the world, as well as monitor the movement of their own funds. Existing charitable organizations can accept payments with minimal commissions, while ensuring full transparency and security of all transactions.



What is the essence of the project

The Humancoin project offers its own solution to problems, including using its token. Throughout the system, it will be possible to track all transactions and even payments to the payee. The one who donates his money to charity will know that the one to whom the transferred money is intended is buying.

A commission in the amount of 5% of the funds that will be collected from charitable foundations will be spent on the development of the project, linking which to charity gives a huge advantage to Humancoin tokens in the market. 

The blockchain charity provided by the Humancoin project with its tokens is capable of making really important changes in this area. Bonuses in the form of project tokens will be a strong motivator for charitable activities. 

All holders of Humancoin tokens will be encouraged to use them, since these tokens can be converted into points, miles, bonuses, coupons, etc., and the built-in currency converter will allow anyone to transfer funds in the right currency.

Thus, the Humancoin platform will be very user-friendly, providing many features, such as a list of all projects by category, ranking and rating system, voting tools for projects you like and many others, while ensuring the security and transparency of transactions.



The project team

The project team consists of professionals with vast experience, as well as creative people who enthusiastically develop this technology. We need to meet some of its important members. For example, Giles Gailer is the CEO and founder of the project and an experienced manager. He often organizes various charity marathons and strongly supports the cryptocurrency industry. 

The team includes Aravinda Babu, who is an excellent expert in the field of blockchain and smart contracts, and he has vast experience in this field, he has a master's degree in computer science and experience in senior positions in companies such as IBM Labsto, Nokia, Motorola. Further, Kate Bublik holds the position of marketing director in the company, 

Previously, she held a management position at a renowned company, SKYFchain, while she also has experience in large companies such as FuturTech and Experian & Enter Capital and has an impressive experience in digital marketing campaigns. 

Another team member, Kai Hsia, a senior software engineer, had previously worked as a senior developer at Walmart Labs, a fairly well-known company, and he is an excellent software expert who graduated from California Polytechnic University.


Project Development Plan 


ICO details
Token Name: Humancoin
Standard: ERC20
Token price: $ 0.1
Date of public sales: start September 15 and will run until November 1, 2018
Soft Cap: $ 6,000,000
Hard Cap: $ 26,000,000
Total emission of tokens: 3,055,000,000

Token distribution: 

50.9% for sale
16.7% to partnership development fund
10% of the team, half of which is blocked for half a year, and the other for a year
8.3% advisors and consultants
10% to advisors
4.1% bounty and airdrop campaigns


findings

The sphere of charity is often considered something where it is impossible and unnecessary to apply technology, what has developed and functions, and nothing changes there and will not change. 

However, charity is a very necessary and important activity today, and not only for those who need help, but also for many large companies. 

There are many problems in this industry, and it is precisely these blockchains that are designed to solve and this project, which really seeks to help people, and among all the problems, the lack of trust in intermediaries is the main one. 

Many philanthropists, mostly individuals, can’t check if the donated funds reach the addressee, and according to various data, about 20% of all collected funds are deposited in the funds, but when using the blockchain, all transactions will be transparent and can be checked . It seems to me,
Project links 
Et : 0x44808C2EA67D20E350574259A16BC36F81d8BebD

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