HumanCoin: A Revolutionary Solution for the Charity Industry

kingdavid-7 (8)in #ethereum • 6 years ago

The Humancoin platform offers a revolutionary solution for the charity industry. The consolidation of blockchain technology, the cryptocurrency market and e-commerce loyalty programs into a project will forever change the charity industry. It is surprising that over the centuries the charity industry has changed very little in terms of the technology employed, except that the role that monasteries played two hundred years ago has now been taken over by philanthropic foundations. While the funds now have phones, printers and computers in their offices, the problems haunting the industry have remained the same. It is difficult for philanthropists to find worthwhile projects, quickly and seamlessly transfer money to them, and most importantly, be sure that the aid that they provide reaches the addressee and is used purposefully for a just cause without any significant transaction costs. Blockchain technology and the associated P2P Internet platform help solve the problems of the industry and provide a powerful impetus for its further development. Donors can monitor transactions to see that their funds are being spent exactly as intended Charities can demonstrate their integrity by providing information on how the funds are being used. Quick payments (including cross-border transactions) are simplified and the problem of currency and cryptocurrency conversion is solved; Automation of all processes can significantly reduce transaction costs.

What is Humancoin?
Humancoin is a revolutionary platform that is changing the philanthropy industry for good, specifically created to work in synergy with the e-commerce and cryptocurrency markets, which together have a combined value of $3.5 trillion! The current technology employed in the charity industry is at a relatively low level. It is common for individuals and companies that are ready to donate funds to change their mind due to doubts over whether the contribution will reach the recipient in full and on time, and a lack of trust in charities, due to the absence of any official international organizations for evaluating their activities; The complexity of cross-border payments for foreign projects, as well as potential issues in dealing with regulatory agencies; and Unable to discern any additional benefits when making a donation.

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 grow, so does the popularity of the token. The Proof of Charity “mining” concept allows the project to scale hundreds and thousands of times.

Unique features of Humancoin?
This is the first ever blockchain project that has the potential to become a global e-commerce loyalty program aggregator. Association with philanthropy gives its tokens a unique advantage in developing loyalty programs with partners creating a strong emotional resonance. Instead of competing with existing programs, the Humancoin token is effortlessly integrated into already existing systems — all it requires is setting a conversion rate.
Other advantages of Humancoin include:

• Human coin is an open P2P platform that allows benefactors to make direct pinpoint donations. By design, the project is not tied to any specific charitable organization or local community. The charity world is international, multifaceted and relies on billions of people from all countries and of all nationalities.

• Humancoin does not force the artificial use of its token on charitable transactions. Obviously, projects need to receive funds in their native currency that they are comfortable spending the money in. A project based on the platform specifies which fiat or cryptocurrency it wants to receive donations in. The donor may transfer the money in the desired currency to the recipient using the built-in currency conversion instrument on the Humancoin platform.

• The Humancoin platform can manage the majority of popular crypto and fiat currencies. Humancoin places no limitations upon the projects and users in terms of currencies. The benefactor makes all the decisions independently.

• Humancoin is not planning to spend the funds on creating adaptations of existing technology solutions. The priority remains integration and compatibility with already popular and established market solutions. For instance, instead of creating our own crypto wallet with cryptoexchange functionalities from scratch, we will incorporate an existing solution into the platform — such as Jaxx with Shape Shift. There will also be an option to use multisignature wallets.

• Humancoin is not planning to spend the funds on creating adaptations of existing technology solutions. The priority remains integration and compatibility with already popular and established market solutions. For instance, instead of creating our own crypto wallet with cryptoexchange functionalities from scratch, we will incorporate an existing solution into the platform — such as Jaxx with ShapeShift. There will also be an option to use multisignature wallets.

Distribution of tokens
3 055 mln: For sale
1 000 mln: Partnership Development Fund
600 mln: Team reward
600 mln: Advisors and ambassadors
500 mln: Consultants and exchanges
245 mln: Bounty, airdrop and referral program
3,055,000,000 Humancoin tokens available at the Token Sale
The price of one token is $0.01
Minimum purchase — 0.1 ETH