AidCoin is a great project that offers a platforms to the users that helps to improve the non profit sector of the world by making it more transparent. The platform is built on the blockchain technology and this is where the true power of the project comes from. An open ledger that will keep track of the money being transferred from one place to the other in order to Aid some social cause. According to a survey, 43% of the people in this world don't really trust the charities. The idea of the AidCoin is to basically create a transparency of the transactions that happens in the charities and the donations so that the donators and investors know exactly where there money is moving. Let's have a look at the intro of the AidCoin.

Introduction to AidCoin

How does it work?

A donor can donate using cryptos and credit cards that will be exchanged into the AidCoin and that will become a part of the AidCoin token pool. Then there would be a charity wallet and there will be a smart contract of the transactions so that a transaction will only take place if it satisfies necessary conditions. So regular payments will takes place by the charity and the receipt of the same will be available on the open ledger that everybody has access to. 

Sales And Token Distribution

The initial value of a single AID coin is to be  1000 AID = 1 ETH . Its ICO is on 16th Jan, 2018 and it is going to be a lot of fun all these technologies coming together to make this world a better place. It has a total market supply of 100,000,000 tokens and a max cap of 30,000 ETH . To know a more detailed version of the same, follow the official website or the following image.

Whitepaper : https://www.aidcoin.co/assets/documents/whitepaper.pdf

Official Website : https://www.aidcoin.co/?lang=en

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@funnyman