VANTAGE NETWORK: BENEFIT TO THE GLOBAL SOCIETY

sonnyeyakwaire (44)in #vantagenetwork • 6 years ago (edited)

Cryptocurrency and blockchain technology have some fantastic charactereristic that could have a huge impact on charities and charitable giving
New models of digital cryptocurrency present major opportunities for charity organization.
Although there have been a tough challenges in individual and companies trying to render aid to charity organization due to how the funds are management.
Some of the major challenges facing donations to charity are listed below

Transparency
Funds send to charity are misappropriate. These funds don’t get to the end user due to lack of openness to the donors.

Middle Men
Not only are there financial middlemen, but also government agencies, companies and individuals all along the way that money, goods, and services pass through. And each one wants a cut. Of course, there is a fair way to charge for services, but a lot of the time this money is going to impoverished regions where the governments that need to facilitate relief services are the same that created the unfair living conditions in the first place.
After the 2010 earthquake in Haiti, the Red Cross raised over $500 million to provide a variety of emergency aid services and to build 130,000 homes.

Accountability
Many charity organization lack accountability of donations made to them. When you donate funds to them you cannot track these fund if indeed it got to the needings

INTRODUCTION OF VANTAGE NETWORK

Vantage network is a platform that gives top priority to individual , companies and group of people who make donations to charity organization to track how their funds are been management properly.
Vantage network has a world class and robust technology that is built on the blockchain technology to monitor each transaction by creating a vantage token called XVT to track these transaction which gives donor sense of humor and trust on their funds be use well.
On the other hand charity organization can create a compaign for funds needed by them on the vantage network from individuals and cooperate bodies to donate and support potential project.

BENEFIT OF THE VANTAGE NETWORK TO INDIVIDUAL AND CHARITY ORGANIZATION

BENEFICIARY
Individual and People in need get what they need.

NON-PROFIT
Nonprofits organization get more money to do more good.

CONTRIBUTOR
Contributors clearly see their impact.

HOW ARE FUND RAISE TO KICK START THE PROJECT
There will an initial coin offer which is detail below
• Currencies accepted: BTC & ETH
• Min contribution: .05 ETH
• Tokens available for private sale: 40,000,000 XVT
• Tokens available for public sale: 70,000,000 XVT
• Hard cap for public sale: 35,000 ETH
• Public Sale Price: 1 ETH = 2000 XVT
• Public Sale Bonus Schedule (Dates set by UTC Time Zone):
• 20% Week 1 (1 Aug 2018 – 7 Aug 2018)
• 10% Week 2 (8 Aug 2018- 14 Aug 2018)
• 5% Week 3 (15 Aug 2018 -21 Aug 2018)

The Token Sale is not open to citizens or residents of the United States and other countries where Token Sales/ICOs are not permitted. The IP addresses of the above mentioned countries are blocked from participation in the Token Sale, and a strict KYC/AML process is in effect to verify participants

Reasons why you need to trust the ICO

The vantage network has high rating and trust from the ico raters below