Philanthor : A Platform Committed To Philanthropy
Many people dream of changing the world, making it a much better place. But many of them do not have the opportunity or the courage to make a decision that changes their lives to become a philanthropist. Philanthor puts a philanthropy foundation on a blockchain, so everyone can pursue the dream of contributing to the greater good.
Philanthropy is just one of the words that give hope to a lot of people. The word philanthropy exists because it's present and in a world in need of love and care, people are hoping to feel what philanthropy is really about. Philanthropy comes in many forms, one may witness an act of philanthropy through volunteers and some charity events. It is unfair to say that there's no philanthropy effort because there are and in fact donations that are big but in this wide world, there's a lot of things that needs awareness and effort.
Philanthor sees the need for philanthropy, not just because it's a social responsibility, but because there's more to do to improve life on earth. With philanthropy efforts in mind, Philanthor with the help of the Blockchain technology is aiming to help those efforts. The use of Blockchain is a good step because Blockchain is decentralized, it significantly reduces transactions costs, it removes the need for intermediaries, it provides secure yet transparent transaction, activities are documented, and it provides access and connections to a lot of people wherever they are. Note, that activities are documented, secured, and transparent, these factors help greatly in measuring the social impact of the philanthropic efforts. Why? Because every activity is securely documented, it removes doubt and it adds trust that the funds donated or raised are bound to be used in the right way. Also, it's transparent, so members will have the right to access how their donations are used and if it was used the way it was meant to be, at the same time members can see it in real-time how, when, where, who, and for what the funds are subjected to so one can already formulate based on the ongoing activities and the results so far, the social impact.
This is one of the reasons why the founders of Philanthor thought of putting a philanthropic foundation on a blockchain. The technology behind blockchain will ensure the utmost transparency, allowing philanthropists to monitor the status of their donations from start to finish. Everything will be very transparent. Donors will be able to locate their money, see where they are going, or land in good hands. The results can be seen in real time without the need for intermediaries. The blockchain technology behind Philanthor will effectively deal with trust issues and measure the impact of donations, things that have so afflicted the traditional philanthropic foundations.
And that's not all: the platform will also encourage the use of cryptocurrencies, thereby reducing transaction costs largely influenced by the presence of intermediaries. Without these intermediaries, transaction costs will be significantly reduced. The platform also seeks to make philanthropy available around the world, which is not a far-fetched dream, given the nature of the technology.
Since Philanthor will be based on the Blockchain Technology, Philanthor have created their own token with a symbol of PTH. Unlike other currencies that usually moves in just one direction in philanthropy, the use of PTH will provide benefits and more uses but all, of course, is directed to the efforts for philanthropy. As token holders, they become part of the community which will allow them to be part of important talks and decisions for Philanthor's causes. At the same time, as a member of the community, aside from influencing the type of causes to support, members with the PTH tokens can create awareness for causes that they think need attention and donations. PTH tokens will also be subject to re-donation, one can give the tokens to a non-profit organization which can then be sold to raise additional funds. Aside from re-donating the tokens, PTH tokens may be entitled to benefits from goods and services from companies who will donate and will be part of the Philanthor community because of their social responsibility or their own social effort.
Token holders can also choose to give their chips to the program of their choice, and the organization, in turn, can sell the chips to generate new funds.
Later, token holders will also benefit from their participation in the platform market. Philanthor will invite and, as a result, reward Corporate Social Responsibility (CSR) donors to donate their goods and services, and then allow the exchange of these goods and services with PTH tokens.
So, how does Philanthor select the beneficiaries? First, recipients will have to go through a KYC audit and a video interview. The data will be processed and analyzed using smart contracts, then a short list will be generated. The final selection will be made by human beings, this time the members of the committee themselves.
Token details:
Token:
PreICO PTH Price: 1 ETH = 15,000 PTH
Price: 1 ETH = 10,000 PTH
Platform: Ethereum
Acceptable: ETH
Cap: 20,000,000 USD
Country: USA
For more information, please check the link below :
White Paper: https://www.philanthor.com/assets/whitepaper.pdf
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=4580512
Website: https://www.philanthor.com/
Telegram: https://t.me/joinchat/De8h0A2tROb6LWfKRnQPrw
Twitter: https://twitter.com/philanthor1
Facebook: https://www.facebook.com/philanthor/
Medium: https://medium.com/@Philanthor
Name : Suryatampan
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2123638