HUMANCOIN : The Cryptocurrency of kidnees

in #bitcoin6 years ago

is the new e-commerce cryptocurrency fuelled by the Proof of Charity mining protocol Humancoin is a revolutionary platform bringing about the synergy of philanthropy industry, retail e-commerce and cryptocurrency markets, which together have a combined value of $3.5 trillion.

While the annual volume of donations is estimated to be in the region of $750 billion worldwide, the capitalization of the cryptocurrency market is valued at $300 to $900 billion, and the volume of the B2C e-commerce sector has reached $2.3 trillion. By bringing about the synergy of these three markets, the project is set to herald a new era for charity

This is the first ever blockchain project in the history of the e-commerce industry that has the potential to become a global loyalty program aggregator. Instead of competing with existing programs, the Humancoin platform actually builds partnerships with them. The Humancoin token is convertible into points, miles, bonuses, coupons, tokens and is effortlessly integrated into already existing systems, without forcing business owners to reconfigure them — all it requires is setting a conversion rate.

THE HUMANCOIN PLATFORM

Humancoin is a P2P platform and ecosystem that brings together donors, recipients and e-commerce players. The platform's interface lets participants quickly send donations to any country in the popular currency, to monitor transactions and view reports on their charitable activities, as well as to use international customer loyalty programs.

Humancoin token for the platform's partners

Platform partners may exchange Humancoin tokens for discounts/points/miles. In this way, the tokens are returned for burning to the Humancoin Foundation. The rating of Humancoin partners will be based on the number of tokens transferred. The platform partner receives a certain benefactor status and a corresponding sticker/badge for posting on their website and social networks pages.

In addition to the charitable nature of the Humancoin token, just as important for the partners will be its source. Online shops, airlines and a host others want to engage solvent people who are actively making transactions on the Internet in their loyalty programs. By definition, philanthropists represent the premier category of e-commerce consumers.

Humancoin token for token holders

Humancoin tokens purchased during the Token Sale have the value of a loyalty reward token; that is, they can be used to receive discounts from Humancoin partners or sold on cryptoexchanges.
Once the Token Sale ends, Humancoin tokens can be purchased on exchanges or received (mined) in proportion to any donation at twice the averageweighted exchange rate.
The platform's technological features allow it to be integrated with popular management systems for online stores, such as Shopify, Magento, WordPress, Ecwid etc.
Humancoin is not in direct competition with existing loyalty programs, but instead is intended for developing partnerships with them and acting as an aggregator across a collection of loyalty programs. The Humancoin token converts into points, miles, bonuses, coupons and tokens and is easily integrated into existing systems, without forcing businesses to reconfigure them — the only requirement is to set the conversion rate.

MARKETING ANALYSIS

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. 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. Let’s look at each of the three industries.

A Possible Synergy Of Markets
The global estimate of three fastgrowing markets — charity, e-commerce and cryptocurrencies — exceeds $3.5 trillion. By ensuring the necessary trust bet-ween donors and the aid recipients, blockchain technology can propel this industry to incredible new heights.
Charity Market

Every third person on Earth gives to charity at least once per year, with 50% of donors providing aid to strangers according to the World Giving Index 2017, compiled annually by the Charity Aid Foundation. For the third consecutive year, charities have raised a record volume of funds. In the US alone, the amount of recorded donations reached $400 billion. About three-quarters of the country’s residents have helped a stranger at least once, and two-thirds have donated money to multiple charity foundations. The volume of donations in the US consistently exceeds 2% of the nation’s GDP; around 7 new charitable foundations are created every single day, with more than 1.5 million currently in operation across the country

E-commerce Market

According to Statista, the global online commerce market is set to reach $4 trillion in 2022, while e-commerce retail sales hit $2.3 trillion in 2017. The retail landscape is rapidly changing and according to a Pew Research Center poll, currently, 8 out of 10 Americans are active online buyers.

Cryptocurrency Market

The cryptocurrency market is undergoing a period of rapid development; its capitalization fluctuates in the range of $0.3-0.8 trillion with a strong upward trend. An increasing number of individuals and institutional investors are placing their money in these new financial instruments. In early April 2018, the head of the IMF Christine Lagarde said that cryptoassets could change the consumer’s approach to savings, investments and settlements. She believes that cryptocurrencies will make transactions faster and less expensive, while the core blockchain technology has the potential to reinforce the overall security of the financial markets.

TOKEN SALE

Distribution of tokens

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

Presale
July 1–August 15, 2018

Token Sale

September 15–November 1, 2018
Expected to raise $1 mln
Softcap — $6 mln
Hardcap — $26 mln

Token Sale Bonus Structure

ROADMAP

TEAM AND ADVISORS


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For further information please visit our official website:

Website: https://www.humancoin.net/
Whitepaper: http://docs.humancoin.net/HumanCoin_whitepaper_en.pdf
Twitter: https://twitter.com/humancoinnet
Facebook: https://www.facebook.com/Human-Coin-1049107488575656
Telegram: https://t.me/HumancoinChat
Reddit: https://www.reddit.com/user/humancoinnet

My Bitcointalk :https://bitcointalk.org/index.php?action=profile;u=1516021

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