Hello Guys, welcome on my blog! Today I will talk about a very exciting project. We will discuss how Humancoin is implementing blockchain technologies in a decentralized industry, and we will also talk in detail about the details of the ICO.
Humancoin is the new massive cryptocurrency fuelled by the Proof of Charity mining protocol. This invention allows the project to scale thousands of times. It is backed by retail e-commerce and charity industry which together have a combined value of $3,5 trillion. Blockchain technology on a single P2P convenient platform adds transparency and traceability. Association with philanthropy will make Humancoin a potential global loyalty programs aggregator. Humancoins will be easily convertible into any partners' points, miles, bonuses.
Problems Humancoin Seeks To Solve
This project wants to change how philanthropy works for the better. Specifically, it wants to create synergy with e-commerce and crypto markets, which have a combined worth of $3.5 trillion USD.
The technology that is used in the charity sector is quite low-level. It is common for people that are ready to donate to change their mind because of reasons such as:
Doubt - Donors become wary of whether the funds will reach the intended target on time and in full. This is mainly because there is no international organization that officially coordinates and evaluates the work of charities.
Complexity - Cross-border payments can be quite complex, whether you are paying for goods or donating to charity. In some cases, you might end up being grilled by regulatory agencies for such transfers. This put most people off.
Token Distribution - Most people do not understand how exactly their donation will change the intended recipients. Thus, they hold off giving their dollars to charity.
The Human Coin Blockchain Philanthropy Charity Platform Solution
The Humancoin project will resolve these issues via the blockchain integration into three sectors. These are e-commerce, charity, and the crypto industry. While annual donation volumes are estimated at $750 billion USD globally, the capitalization of the crypto sector 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, the project will herald a new era of charity. There will be a fixed number of Humancoin tokens for sale at the Token sale. These funds will go towards creating the Humancoin P2P platform.
There will also be an international network created, which will support this project. It will entail developing a partner network and launching a PR camping. At the end of the token sale, all tokens will be listed on crypto exchanges. After the token sale is over, the platform will start accepting applications and collecting funds for the charities. Donors will be able to pick projects, which they can fund.
SOME ADVANTAGES OF HUMANCINE
• Humancoin will become an open platform for P2P, which will allow the benefactor to receive a direct point donation. The project will not be tied to any organization, since there are so many charitable organizations around the world.
• Artificial use of the received token will not be compulsory for charitable operations. Any project based on the platform will give a convenient specification for the type of fiat or crypto currency that he wants to use.
• The most popular crypto and currency currencies are easily managed by the Humancoin platform. Usually there are no restrictions for projects and even users when it comes to using currency.
• Priority of this project remains integration and compatibility with existing popular market solutions.
• There will be a limited fee of 5% for horticulture to raise funds, and this will be used for future platform support, but the commission charged by existing charitable funds may be up to 20–30%.
• The platform will be able to use the function of the most functional and user-friendly interface.
• If the donor wants, he can decide to leave his fund in the pool of people, the system will automatically allocate money for the projects with the highest rating from the platform community.
• The first platform for hiring professionals will become Humancoin.
• Additional options will also be available on the platform, so users can also pay for Humancoin tokens, in which case additional benefits will be highlighted.
DISTRIBUTION OF HUMANITY CURRENTS
The pre-sale will be held from July 1 to August 15, 2018.
The sale of tokens will be from September 15 to November 1, 2018.
It is expected that the token will grow 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 pre-sale will be 150,000,000 with a 50% bonus.
At the first stage of the sale of the token will be 945 000 000 with a bonus of 35%.
The second stage for the sale of tokens will be 960 000 000, and he will have 20% of the bonus.
The third stage for the sale of tokens will be 1,000,000,000 with a 0% bonus.
Every other token that remains unsold will be burned.
Tokens will be allocated to a personal user account, and distribution will be done after the sale of the token, and it will be listed in the list of popular crypto-exchangers.
Humancoin Conclusion
This is the first ever project in the e-commerce sector that could change how loyalty program works. Instead of being a competitor to existing models, the platform will actually build partnerships with them.
The Humancoin tokens can be converted into points, coupons, miles, and bonus. To do this, business owners will not need to reconfigure how their systems work. All that is needed is to set up a conversion rate.
As the number of partners grows, the token will grow in popularity. There are even plans to create partnerships with exchanges. As a result, Humancoin holders will get a discount on the exchange fees. This will also apply to airlines, where the token can be used as air miles.
The future expansion of this project is going to be financed by the 5% fee that is raised on all fee collected for charity projects. This is four times lower than the market average. Humancoin’s association with charity will give it a unique advantage when creating loyalty program with partners.
The blockchain platform, powered by Humancoin is going to give a new lease of life to charity. It will be the engine of growth while at the same time being the global loyalty program for a growing number of partners in various sectors.
For more information, please visit the link below:
Author: safazara
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
Ann Thread : https://bitcointalk.org/index.php?topic=4469466
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1783327
mytherwallet: 0xb7cA53C6b42E6B8a5bEFA6d3C4B24Bf8ce6c82bD