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 blockchain-based platform that aims to connect philanthropists and recipients of funds. Donors will be able to make instant donations, monitor their expenditures and receive discounts. Charitable organizations will be able to choose the desired currency and benefit from minimum overheads. Humancoin tokens are ERC20 token. We are not going to make our own blockchain but will consider migration to other blockchain once/if needed.
Why use blockchain technology ?
Blockchain technology can perform at its best for the charity industry. Charity industry insiders have admitted that blockchain can remove mediators and heal the traditional problems of philanthropies such as the perceived lack of transparency and traceability of donations, reduce transactional costs and give a new impetus to charity development.
Humancoin is a unique project.
This is the first ever blockchain project that has the potential to become a global e-commerce loyalty program aggregator. Humancoin unites philanthropists and recipients of funds on a single P2P platform in the most convenient and transparent way possible. Association with philanthropy gives its tokens a unique advantage in developing loyalty programs with partners, creating a strong emotional resonance. Instead of competition, the Humancoin token is effortlessly integrated into already existing systems — all it requires is setting a conversion rate.
Why own Humancoin?
The Humancoin tokens can be easily convertible into any points, miles, bonuses, coupons.
1. Token owners will be incentivized to hold them to take advantage of attractive benefits and this provides a long-term, stable demand for tokens.
2. As the number of partners and the scope of cooperation within the Humancoin Network grows, so does the popularity of the token.
3. The Proof of Charity “mining” concept allows the project to scale hundreds and thousands of times.
Humancoin is the currency of kindness
1. Blockchain solves the trust issue by providing transparency, traceability and security
2. Donors can quickly make donations worldwide, monitor their expenditure online, receive benefits from the platform's partners
3. The symbiosis of e-commerce and cryptocurrencies will facilitate an increase in the number of donors
Among the project's partners will be large online stores, service businesses, gaming and entertainment industries, airlines, cryptoexchanges, international corporations, regardless of whether they operate with cryptocurrencies or not.
Humancoin Platform
Humancoin is a P2P platform and ecosystem that brings together donors, recipients and e-commerce players. The platform's interface lets participants quickly send donations to any country in the popular currency, to monitor transactions and view reports on their charitable activities, as well as to use international customer loyalty programs.
The platform provides the opportunity to fully track donations online, as well as voting and ranking for projects and philanthropists along with other features.
There is also the option to receive a receipt for each donation to use for tax deduction purposes depending on the donor's tax jurisdiction.
The future expansion of the project will be financed by the 5%-fee raised from the funds collected for charity projects, which is 4 times lower than the market average.
Roadmap
Token details
Ticker HUMA
Type Utility-token
Additional Token Emission 1
Accepted Currencies
ETH
Pre-sale
Pre-sale start date 01 Jul 2018
Pre-sale end date 15 Aug 2018
Token Sale
ICO start date 15 Sep 2018
ICO end date 01 Nov 2018
ICO token supply 3,055,000,000
Soft cap 6,000,000 USD (fiat)
Hard cap size 26,000,000 USD (fiat)
Just after the Token Sale in November 2018 the tokens will be released and distributed. We believe that within a short time they will be traded on decentralized exchanges (like IDEX etc.). The team will endeavour to get listed on Tier 1 exchanges. The significant amount of tokens is reserved for this from the beginning. Being properly listed and tradable is an important part of our business model and strategy.
Humancoin Team & Advisors
This is an awesome idea I am willing to invest myself. I believe this coin has a chance to enter top-100 cryptocurrencies. A viable return to investors stems from the potential token growth by many times by making more and more agreements with e-commerce players. The compensation for "miners" (benefactors) positively affects the liquidity.
The E-commerce industry is struggling to maintain loyalty from their customers. And they need something more than just a discount for loyal customers. The charity industry needs transparency/traceability (blockchain perfectly fits!), less mediators and transactional costs. This project unites this with its unique “proof-of-charity” mining protocol and p2p platform. The benefactors are rewarded with tokens for donations and thus the tokens are being mined. The company makes the usual agreements with e-commerce players, and the tokens will gain value which can then be easily converted to miles, bonuses etc. People are used to HODL such coins waiting for a good bargain. It is also great for the token’s price.
The team & advisors looks good and numerous (all areas covered). The WP is comprehensive and has business plan numbers included. $6 mln softcap seems reasonable as they have 3 scenarios in the WP depending on the fundraising. The project looks to be following a roadmap.
So this should be a successful project if well implemented! Good luck to the team!
For detailed informaton you can follow on :
website : https://www.humancoin.net/
twitter : https://twitter.com/humancoinnet
Bitcointalk username: norainlys
Bitcointalk link profile : https://bitcointalk.org/index.php?action=profile;u=1926161;sa=summary
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