HUMANCOIN - THE CRYPTOCURRENCY OF KINDNESS

kajiezunan (25)in #blockchain • 6 years ago (edited)

Hello everyone in this article I will present an interesting ICO analysis, called HumanCoin, based on some of the following criteria:

What is HumanCoin

Humancoin is a breakthrough blockchain project, which unites philanthropists and recipients on a single platform in the most convenient and transparent way. Donors (consisting of one in three of us globally) can quickly donate worldwide, monitor their spending online and also receive discounts from platform partners. Charitable projects can receive funds with minimal exploitation costs and in a short time in convenient currency.

The Humancoin Token can easily be converted into tokens, miles, bonuses, other coupons. Owner tokens will be encouraged to hold them to take advantage of attractive benefits, and this provides long-term, stable demand. As the number of partners and the scale of cooperation within the Humancoin network grows, the popularity of tokens grows.

This is the first in the history of a blockchain project, which can be a global aggregator of e-commerce loyalty programs. with the Association's philanthropic tokens provide a unique advantage in the development of loyalty programs with partners to create strong emotional resonance. Instead of competing with existing programs, Humancoin marks can be easily integrated into existing systems - all that's required - is to set the conversion rate.

How It Works

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. Charitable projects, both private initiatives, and foundations enter the details in the Humancoin platform.

They complete a standard format 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.

Solutions Available

Long charity chains consisting of banks, NGOs, state agencies and law firms will be brought to the far end by a distributed ledger technology. The use of the blockchain platform will be able to provide a digital mechanism that will be used to record and view any transactions.

This new technology, on a larger scale, will be able to facilitate the development of a direct financing platform. The philanthropists as well as the benefits of the sale of their funds.

The growth of the charity industry must be greatly increased, owing to the great advantages offered by the blockchain technology.

Competitive Analysis

Virtually everyone recognizes the need to make the philanthropic industry transparent and completely manageable with the help of blockchain technology. However, there are relatively few blockchain projects in the charity sphere: cherr, aidcoin, clearaid, bcharity among them.

But these are niche or local start-ups that do not operate beyond the philanthropic industry. There are about the same number of blockchain projects developing loyalty programs, but all of them face the problems of a making a cold start and beginning with an insufficient user base in order to quickly and productively build meaningful cooperation with major global e-commerce players.

Basic Information