[ICO Review] Humancoin ICO

in #humancoin • 6 years ago

Welcome back to the ICO project review blog! Today I will introduce you to Humancoin Project

Humancoin is a revolutionary platform bringing about the synergy of philantropy industry, retail e-commerce and cryptocurrency markets, which together have a combined value of $3.5 trillion.

Humancoin-ICO1.png

About Humancoin


Humancoin unites philanthropists and recipients of funds on a single P2P platform in the most convenient and transparent way possible.

The blockchain platform fuelled by the “mined” Humancoin token will breathe new life into the charity industry, proving an engine of growth

While at the same time becoming a premier global loyalty program for an increasing number of partners in e-commerce.

Why own Humancoin?


The Humancoin tokens can be easily convertible into any points, miles, bonuses, coupons. Token owners will be 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

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

Market Highlights


$ 750 bln- Charity

Every third person on Earth gives to charity

$ 2 300 bln- E-Commerce

70% large brands interested in the image of social responsible companies

$ 300—900 bln- Cryptocurrencies

75% of large businesses do charity work

Problem: lack of trust

Doubts over whether the contribution will reach the recipient in full and on time, and a lack of trust in charities

High operational costs of the transactions, the complexity of cross-border payments, as well as dealing with regulatory agencies

Inability to discern any additional benefits for making a donation

Huge competition in e-commerce with the most pressing challenge being to retain existing customers

Solution: Humancoin is the currency of kindness


Blockchain solves the trust issue by providing transparency, traceability and security

Donors can quickly make donations worldwide, monitor their expenditure online, receive benefits from the platform's partners

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

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.

Token Sale

  • 3,055,000,000 ERC20 Humancoins are available
  • All tokens that go unsold will be burned
  • The price of one token is $0.01
  • Minimum purchase – 0.1 ETH

Pre-Sale

July 1 — August 15
Expected to raise$1 mln

Token Sale

September 15 — November 1
Softcap — $6 mln
Hardcap — $26 mln
The funds raised at the Token Sale will be spent on the development of the project in 2019
There will be additional token emissions (mining), 100% tied to the actual volume of charitable donations (Proof of Charity)

Humancoin ICO chart
6 000 mln- The total emission of Humancoins
3 055 mln- For sale
1 000 mln- Partnership Development Fund
600 mln- Team reward
50% blocked by smart contract for 6 months.
50% blocked for 12 months
600 mln- Advisors and ambassadors
500 mln- Consultants and exchanges
245 mln- Bounty, airdrop and referral program

Roadmap


2017 — Q1 2018

development of the project idea
establishment of the core team and the pool of early backers
сonsultations with the charity community and experts on loyalty rewards
final shaping of the team
Q2 2018

start social media and PR campaign
preparations for the Token Sale
Q3 2018

Token Sale
development of the platform and expansion of the team
preliminary negotiations with the program partners
MVP
Conclusion of agreements with anchor charitable foundations
Q4 2018

completion of the Token Sale and listing on cryptoexchanges
launch of the charity platform in beta
conclusion of agreements with
e-commerce partners
completion of the establishment of the legal structure
Q1-Q2 2019

the platform enters operation
collection of funds for charities and distribution of tokens to benefactors further development of the platform
Q3-Q4 2019

full functionality of the platform
extension of the list of
e-commerce partners
extension of the list of charitable foundations

Team


Giles Gailer- CEO
Kate Bublik- CMO
Aravinda Babu- Blockchain and Smart Contracts Expert
Kai Hsia- Senior Software Engineer
Daniel Maximkin- Head of Digital Analytics
Nathan van de Ven- Community and Project manager
Elena Tarasova- SMM Manager

Advisors


Paul Cliffe- Family Office Crypto Advisor
Marcus Campbell- Platform Development Advisor
ONG Jun Hao (CryptoJH)- Marketing and Exchanges Advisor
Dr. Jay (Jangwoo) Lee- Marketing Advisor
Reinhard Berger- Investments Advisor
Kent Yan- Business Development Advisor
Marco Calicchia- Community Management Advisor

For more information please follow us below:

Author:
BCT username: nguyentuit5a
BCT url: https://bitcointalk.org/index.php?action=profile;u=1502146
Address: 0xBa1ffB8993063cd5402CCB84f4330177D4410fFd

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6 years ago in #humancoin by
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