A New Deal for Charity Programm

There is a dream for many people to create a combination between a charity and some technologies. Nowadays, that dream comes true, and you can find it in blockchain technology. Some people already create a transparency philanthropy industry. Several philanthropy industry which uses blockchain technology are cherr, aidcoin, clearaid, and bcharity.

However, those philanthropic industries just start to operate. There are about the same number of blockchain projects that develop charity programs, but all faces a problem. The problem is that the inadequate of base users to build a collaboration, corporation, and partnership. Without base user, there can never be quite strong foundation and productive relation to join in global e-commerce.

Recently, there is a rising star in philanthropy industry. It is HumanCoin. Humancoin is a blockchain project that unites philanthropy industry and crypto currency. By HumanCoin, the sender or the donor will be able to quickly donate their funds to the victim or ill people. This is the first blockchain project that has the potential to be an initiator global e-commerce for loyalty programs.

This project wants to change the way philanthropy works for the better. In particular, it wants to create synergies with the e-commerce and crypto markets, which have a combined value of $ 3.5 trillion USD. The use of technology in charity programm usually makes people questioning about the project.

Donors are wary whether the donation will reach the intended target on time and in full. This is mainly because there are no international organizations that officially coordinate and evaluate charitable programm in digital space. In addition, cross-border payments can be very complicated to donate the charity. In some cases, you may end up facing the local goverment for such transfers.

The Humancoin project will solve that problem through the integration of blockchain into three sectors. It is an e-commerce, charity, and crypto industry. While the annual donation volume is estimated at $ 750 billion USD globally, crypto sector capitalization is estimated at $ 300- $ 900 billion USD. The value of the B2C e-commerce sector is about $ 2.3 trillion USD.

By bringing synergy to these three markets, this project will mark a new era of charity. There will be a fixed number of Humancoin tokens for sale at Token sales. These funds will be used to create the Humphoin P2P platform.

There will also be an international network created, which will support this project. This will require the development of partner networks. At the end of the token sale, all tokens will be registered on crypto exchange. After the token sale expires, the platform will begin accepting applications and raise funds for charity. Donors will be able to select projects, which they can fund.

Furthurmore, HumanCoin is also supported by the association of philanthropy industry that provide its token to develop it. That support means HumanCoin has built a trust to investors that can create a strong emotional resonance. Instead of competing with those previous charity projects, Humancoin is easily integrated into existing systems or project.

This platform provides an opportunity to fully track online donations, as well as select and rank for projects along with other philanthropic features. There is also an option to receive a receipt for each donation that will be used for tax deduction purposes depending on the donor's tax jurisdiction. The near future development will be financed by 5% - generated from HumanCoin’s income.

For current development in HumanCoin, the charitable projects can be held by personal initiatives and foundations. You or your foundation just write the detail in the Humancoin platform. In the future, Humancoin plans to conduct forensic audits by creating a partnership with financial experts and legal teams. Contributions can be anonymous or, conversely, if the donor wants them, can be published.

Funds collected in Token Sale determine the company's financial strategy. It will be used for the project development in the 4th quarter of 2018-2019. For other cases, maintenance of the ongoing Humancoin operation will be financed from a 5% fee of fundraising for the charity project.

Token will be distributed as much as 50.9% for token sales, 16.7% is given on Development, 20% for Advisers, there is 8.3% given to consultants and exchanges, and 4.1% is given to bounty programm.

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