HUMAN COIN IS A NEW CURRENCY OF KINDNESS AND CHARITY
It has been discovered that a large number of people spare their change on the streets and even make impulsive donations to charity regularly.
Charity has been something that people do regularly, but the most surprising thing is the fact that the advancement of technology has not been applied fully in charity, the only exceptional case is the role that monasteries two hundred years ago and this method is now taken over by philanthropic foundations.
Charity has been something that people do regularly, but the most surprising thing is the fact that the advancement of technology has not been applied fully in charity, the only exceptional case is the role that monasteries two hundred years ago and this method is now taken over by philanthropic foundations.
The associated p2p internet platform and the invasion of blockchain technology have ways of helping to solve basic problems in the industry and also provide a strong impetus for further development.
Here are some of the ways by which the blockchain platform can offer assistance.
• It will become possible for donors to be able to monitor transactions to see if their fund is spent correctly, just the way it was intended.
Here are some of the ways by which the blockchain platform can offer assistance.
• It will become possible for donors to be able to monitor transactions to see if their fund is spent correctly, just the way it was intended.
• Charities will also be able to demonstrate integrity by showing clearly how they use the funds provided.
• The payment system will become a simplified one and the problems associated with the conversion of cryptocurrency will be solved.
• Transaction costs can become reduced through the system of automating all processes.
PROBLEMS ASSOCIATED WITH CHARITY.
There is no doubt that there is a great development in the method of donation, but even with that, the charity industry has not been able to overcome its major obstacle which is the lack of trust.
The donors, who are mostly private firms, have the issue of trust while donating because there are no means of confirmation as to whether the fund will get to the receiving end on time.
It was also discovered most donated funds are kept as administrative expenses which are usually used for charity foundations.
The operational cost also happens to be a big issue as most individuals and firms are usually forced to spend their well-intentioned contribution to eventually cover operational cost of a transaction.
There is no doubt that there is a great development in the method of donation, but even with that, the charity industry has not been able to overcome its major obstacle which is the lack of trust.
The donors, who are mostly private firms, have the issue of trust while donating because there are no means of confirmation as to whether the fund will get to the receiving end on time.
It was also discovered most donated funds are kept as administrative expenses which are usually used for charity foundations.
The operational cost also happens to be a big issue as most individuals and firms are usually forced to spend their well-intentioned contribution to eventually cover operational cost of a transaction.
AVAILABLE SOLUTION.
The long charity chain which is composed of banks, NGOs, state bodies and law firms will be brought to an end by the distributed ledger technology. The use of a blockchain platform will be able to provide a digital mechanism which will be used for the recording and viewing of any transaction.
This new technology, on a larger scale, will as well be able to facilitate the development of direct financing platforms. The philanthropists as well benefit greatly from automated smart contracts as this will make it possible for the recipients of grants to be able to use their funds after they have successfully met so many conditions.
The growth of charity industry will become greatly increased, due to the great advantages that the use of the blockchain technology has to offer.
HUMANCOIN PROJECT.
HUMANCOIN PROJECT.
There are some available blockchain projects in charity aspect and some of them include cherr.io, aidcoin, cleared, bcharity etc. These projects are only within the niche or local start-ups that do not operate beyond the level of the philanthropic industry.
Humancoin foundation will be able to integrate the charity industry, the cryptocurrency market and as well as the e-commerce in one single project.
This type of ecosystem will be able to provide new incentives for donors by offering them the chance to be able to take advantage of the numerous available loyalty programs that exist around the world.
THE IMPORTANT REASONS WHY YOU SHOULD OWN HUMANCOINS.
This type of ecosystem will be able to provide new incentives for donors by offering them the chance to be able to take advantage of the numerous available loyalty programs that exist around the world.
THE IMPORTANT REASONS WHY YOU SHOULD OWN HUMANCOINS.
• The conversion of Humancoin tokens will be very easy to convert at any point, mile, bonus and coupon. The owners of this tokens will be incentivized to hold the tokens for a long-term, there will be a stable demand for the token.
• The popularity of the token will grow as the number of partners and the scope of cooperation within the Humancoin network grows.
• The available proof of charity which is mining, will allow projects to scale hundreds and thousands of times.
THE FEATURES OF HUMANCOIN THAT DIFFERENTIATES IT FROM OTHER COINS.
THE FEATURES OF HUMANCOIN THAT DIFFERENTIATES IT FROM OTHER COINS.
• It will be the first blockchain ever that will have the potential to become an aggregator of a global e-commerce loyalty program.
• The token will have a unique advantage in the development of loyalty programs with partners creating a strong emotional resonance because of its association with philanthropy.
• Rather than competing with other existing programs, the Humancoin token will be integrated effortlessly into a system that is already existing, it only requires a set conversion rate.
The basic disruptive benefit of the human coin is that the blockchain project will for the first time, have a project that will have the potential to develop into a global aggregator of a multitude of loyalty programs which will emerge into the e-commerce field due to the support that will be obtained from the charity industry.
SOME ADVANTAGES OF HUMANCOIN.
• Humancoin is going to be an open P2P platform which will allow benefactor to a direct pinpoint donation. The project is not going to be tied to any organization specifically since there are so many charitable organizations worldwide.
• The artificial use of the token obtained will not be forced on charitable transactions. Any project based on the platform, will give a comfortable specification on the type of fiat or cryptocurrency it chooses to make use of.
• Most popular crypto and fiat currencies can be easily managed by Humancoin platform. There is usually no limitation for the projects and even the users when it comes to the use of currency.
• The priority of this project remains the integration and the compatibility with existing popular well-established market solutions.
• There will be a limited fee of 5% for humancoin for raising funds and this will be used for the future support of the platform, but the commission charged by the existing charitable foundations can be up to 20-30%.
• The platform will be able to feature the feature an industry’s most functional and user-friendly interface.
• If the donor desires, he can decide to leave his or her fund in the human pool, the system will automatically allocate the money to the projects with the highest rating from the platform’s community.
• The first platform to employ professionals will be the Humancoin.
• Additional options will also be available on the platform, through this users can as well pay with Humancoin tokens and in this, case extra benefits will be allocated.
• The artificial use of the token obtained will not be forced on charitable transactions. Any project based on the platform, will give a comfortable specification on the type of fiat or cryptocurrency it chooses to make use of.
• Most popular crypto and fiat currencies can be easily managed by Humancoin platform. There is usually no limitation for the projects and even the users when it comes to the use of currency.
• The priority of this project remains the integration and the compatibility with existing popular well-established market solutions.
• There will be a limited fee of 5% for humancoin for raising funds and this will be used for the future support of the platform, but the commission charged by the existing charitable foundations can be up to 20-30%.
• The platform will be able to feature the feature an industry’s most functional and user-friendly interface.
• If the donor desires, he can decide to leave his or her fund in the human pool, the system will automatically allocate the money to the projects with the highest rating from the platform’s community.
• The first platform to employ professionals will be the Humancoin.
• Additional options will also be available on the platform, through this users can as well pay with Humancoin tokens and in this, case extra benefits will be allocated.
REWARDS FROM LOYALTY TOKEN.
The Humancoin tokens are ERC20 tokens, they are as well loyalty reward tokens and they are part of the international loyalty programs.
FOR TOKEN HOLDERS.
The humancoin token that will be bought during the period of the token sale will have the value of a loyalty reward token which implies that they can be used to get discounts from Humancoin partners and they can also be sold on crypto exchanges.
At the end of the token sale, the humancoin token will be made available for purchase and they can as well be received or mined in a level of equal proportion into any donation at two times the average weighted exchange rate.
At the end of the token sale, the humancoin token will be made available for purchase and they can as well be received or mined in a level of equal proportion into any donation at two times the average weighted exchange rate.
THE PLATFORM OF HUMANCOIN.
This is an existing p2p platform and ecosystem, which will bring together, donors, recipients and e-commerce players.
The interface of this platform makes room for participants to send donations very quickly to any country with popular currency, this will make it possible for transactions to be monitored and for projects on charitable activities to be viewed.
The Humancoin platform has been designed specifically with the goal of facilitating the process of interaction and this will be between philanthropists and beneficiaries to a great extent.
The interface of this platform makes room for participants to send donations very quickly to any country with popular currency, this will make it possible for transactions to be monitored and for projects on charitable activities to be viewed.
The Humancoin platform has been designed specifically with the goal of facilitating the process of interaction and this will be between philanthropists and beneficiaries to a great extent.
THE DISTRIBUTION OF HUMANCOIN TOKENS.
The presale will be from the 1st of July to 15th of August, 2018.
The token sale will be from the 15th of September to the 1st of November 2018.
The token is expected to rise at $1 per minute.
Softcap will be $6 per minute.
Hardcap will be $26 per minute.
The available token for sale is 3 055 000 000.
The presale will be 150 000 000 with 50% bonus.
The 1st stage of the token sale will have 945 000 000 with 35% bonus.
The 2nd stage for the token sale will be 960 000 000 and it will have 20% available bonus.
The 3rd stage for the token sale will have 1 000 000 000 with 0% bonus.
Every other token left unsold will be burned.
Tokens will be allocated to the user’s personal account and the distribution will be made after the conclusion of the token sale and it will be then listed on the popular cryptoexchanges.
The token sale will be from the 15th of September to the 1st of November 2018.
The token is expected to rise at $1 per minute.
Softcap will be $6 per minute.
Hardcap will be $26 per minute.
The available token for sale is 3 055 000 000.
The presale will be 150 000 000 with 50% bonus.
The 1st stage of the token sale will have 945 000 000 with 35% bonus.
The 2nd stage for the token sale will be 960 000 000 and it will have 20% available bonus.
The 3rd stage for the token sale will have 1 000 000 000 with 0% bonus.
Every other token left unsold will be burned.
Tokens will be allocated to the user’s personal account and the distribution will be made after the conclusion of the token sale and it will be then listed on the popular cryptoexchanges.
For more information , please visit link in here :
Website : https://www.humancoin.net/
Whitepaper : http://docs.humancoin.net/HumanCoin_whitepaper_en.pdf
Facebook : https://www.facebook.com/Human-Coin-1049107488575656
Twitter : https://twitter.com/humancoinnet
Telegram : https://t.me/HumancoinChat
Reddit : https://www.reddit.com/user/humancoinnet
Ann : https://bitcointalk.org/index.php?topic=4469466
Whitepaper : http://docs.humancoin.net/HumanCoin_whitepaper_en.pdf
Facebook : https://www.facebook.com/Human-Coin-1049107488575656
Twitter : https://twitter.com/humancoinnet
Telegram : https://t.me/HumancoinChat
Reddit : https://www.reddit.com/user/humancoinnet
Ann : https://bitcointalk.org/index.php?topic=4469466
Author by: thiokoentjoan123
https://bitcointalk.org/index.php?action=profile;u=1091812
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