Humancoin Platform - Brings Together Donors
The
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 Humancoin platform is designed with the goal of
facilitating the process of interaction between philanthropists and
beneficiaries to the greatest possible extent:
·
breakdown of projects by category and
subcategory, such as health, natural disasters, religion and environment
·
various mechanisms for ranking projects
and creating online polls
·
data on the legal and financial
verification of each project (forensic audit)
·
integrated wallet with currency conversion
·
translations into various languages
·
mobile application
·
built-in messenger
·
expenditure tracker and online reports
·
convenient dashboard with individual
settings for users.
Why
own Humancoins?
·
The Humancoin tokens are easily
convertible into any points, miles, bonuses, coupons. Token owners are
incentivized to hold them to take advantage of attractive benefits. And this
provides a long-term, stable demand for tokens.
·
As the number of partners and the scope of
cooperation within the Humancoin Network grows, so does the popularity of the
token.
·
The Proof of Charity “mining” concept
allows the project to scale hundreds and thousands of times.
Problem
Despite the rise of new
mechanisms for donating, the charity industry still cannot overcome its main
obstacle — a lack of trust. Donors, most of whom are private individuals,
simply lack the means to verify whether their funds have reached the addressee
in full and in the required timeframe, even if they transfer the money with the
help of specialized organizations. According to various sources, about 20% (or
more) of all donated funds end up being kept as administrative expenses by
charity foundations.
Many are faced with the
complexity of cross-border payments (when one wants to help a foreign recipient)
and later, potential difficulties with regulatory bodies. In addition, donors
are forced to spend a part of their well-intentioned contribution on covering
the operational costs of the transaction.
Solution
The distributed ledger
technology, which is designed to put an end to the middleman, gets rid of the
long charity chain composed of banks, NGOs, state bodies and law firms.
Blockchain provides a digital mechanism for recording and viewing any
transaction. It is important that the record cannot be hacked or modified.
Blockchain solves the trust issue by providing transparency, traceability and
security.
Importantly, the new
technology facilitates the development of direct financing platforms on a much
larger scale. Philanthropists themselves can ultimately benefit from automated
smart contracts as the recipients of grants will only be able to use their
funds after meeting mandatory conditions.
All the many advantages
that blockchain delivers will spur the growth of the charity industry. This new
technology is already being studied by major market players such as UNICEF, the
World Bank and Bill & Melinda Gates Foundation. Over the past few years, a
number of respected charitable organizations such as the Red Cross, Save the
Children and United Way, among others, have already begun accepting donations
in cryptocurrencies. Website : https://www.humancoin.net/
Information
ICO
Token HUMA
Price 1 HUMA = 0.01 USD
Bonus Available
Bounty Available
Platform Ethereum
Accepting ETH
Soft cap 6,000,000 USD
Hard cap 26,000,000 USD
Country UK
Whitelist/KYC KYC & Whitelist
How
it works
Charitable projects, both private initiatives and
foundations, enter the details in the Humancoin platform. They complete a
standard form at the initial stage. In the future, Humancoin plans to conduct a
forensic audit with the help of specialized financial and legal teams.
Contributions can be anonymous or, conversely, if the donor so wishes, can be
made public.
The donor will be able to select a project on the
platform and transfer money in their choice of currency. For example, after
seeing a news report about an earthquake, the user can promptly send money to
the victims of this earthquake. To do this, he will need to adjust the filters
to find a suitable project. One of the functions of the Humancoin ecosystem is
to unite those who are engaged in charitable activities, hence the platform
will support all the major languages. A
messenger is planned to be incorporated into the platform in order to develop
the Humancoin community and give the participants the opportunity
to communicate with each other. This direct
communication will further guarantee the transparency of the system: donors and
recipients will be able to share information about the status of various
charity projects.
Both the web and mobile interface of the Humancoin
platform will be equipped with online status tracking of all the projects
currently accepting donations, as well displaying the user's own transactions.
Data from the Humancoin platform falls into the Ethereum blockchain. The
blockchain technology guarantees that any data entered into the system will be
stored there without any chance for it to be modified in any way.
Website
: https://www.humancoin.net/
Ann
Thread : https://bitcointalk.org/index.php?topic=4469466
Twitter
: https://twitter.com/humancoinnet
Telegram
: https://t.me/HumancoinChat
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