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As you should know by now, blockchain technology can reduce and has already reduced or even removed the need for third-party authorities (such as banks, NGOs, government agencies, law firms, etc.). But more importantly, blockchain could simplify and encourage direct giving platforms to grow at a larger scale.
However, this technology exists in the charity industry, but at a relatively low level. Many individuals and companies donate funds, but there is always a high risk to change their minds for different reasons. Sometimes, people doubt whether their money will reach the hands of the those in need. Moreover, when it comes to cross-border payments in foreign projects, the process can also become too complicated, different challenges may arise, and then there are the high operational costs of the transactions. For this reason, Humancoin wants to integrate the blockchain into three different aspects of the project: charity, e-commerce and cryptocurrency.
Humancoin Vision. Why so special?
Humancoin aims to be the first ever blockchain project and become a premier global loyalty program in e-commerce. By uniting philanthropists and recipients of funds on the platform in a transparent way, Humancoin creates a strong partnership, offering a significant advantage to its tokens at the same time. The platform provides the ability to track your donations online fully, as well as voting and ranking for projects and philanthropists. Donors like corporations can also have the option of leaving funds in the “Humanpool", and the system will allocate money automatically to projects that have the highest ratings if they find it convenient.
How does it work?
Different charities, both private or foundations will have to fill the details in the Humancoin platform. In the beginning, they will complete a standard form. Later, Humancoin will make an evaluation with the help of a professional financial and legal team. Contributions can be anonymous or, conversely, if the donor so wishes, can be made public. The donor will be able to choose a project they are interested in and transfer the funds in any currency. One of the features of the Humancoin ecosystem is to unite those who are involved in charitable activities so that the platform will support all the major languages. Also, the platform will provide a messenger that will allow direct communication between donors and recipients. They will be able to share information about the status of different charity projects.
Who is involved?
Some of the project's partners are large online stores, service businesses, gaming and entertainment industries, airlines, tourism agencies, international corporations and more. Platform partners will be able to exchange Humancoin tokens for discounts, points or miles.
Token Sale and more
Are you interested in this project?
Join Humancoin at the Website and find out more about the team and how to buy tokens!
The pre-sale is already live until August 15, 2018, and the main sale will start on September 15, 2018. The money raised through the Token Sale will be allocated to the development of the project in 2019.
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1226816
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