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HUMANCOIN: Establishing a user-friendly environment for donors and recipients

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It feels so good to know good people still exists in this world where evil has dominated good. I believe kindness is the core value of every true religion if you would sincerely agree with me. Quite a lot of individuals has found pleasure in helping and empowering people which I strongly believe is the core responsibility of everyone. Lots of philanthropists have less or no time to establish their own charity organizations so they choose to operate under the charity industry.


Sadly, the already existing charity industry has been plagued with vast errors which are as a result of its centralized nature. The already existing charity industry is built on a centralized structure which has given rise to a lack of trust by donors and philanthropists who devotes his/her self to help people. Donors lack the necessary infrastructure where can be able to monitor their donations and make sure it reaches the mainstream as fast as possible. current In cases where they prefer to transfer such donations with the help of specialized organizations, about 30% of the donation fund are withheld back by these charity organizations which they claim to be administrative expenses. These drawbacks greatly diminish the value of the donated fund.
According to World Giving Index 2017, compiled annually by Charity Aid Foundation, one out of every three individual donates to charity at most once a year with private individuals as the most active donors accounting for 80% of the total donations to charity foundations.

Taking a quick glance at the technological happenings, it is necessary to adopt the blockchain technology into the charity industry in order to give rise to transparency and accountability this is why HUMANCOIN has been established to initiate a solution which will automatically sanitize the charity industry in general.

Introducing Humancoin

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Humancoin has the aims and objectives to establish a blockchain project which will unite philanthropists and recipients of donations on a single and secured blockchain platform.

Solutions Humancoin is initiating

• Blockchain tackles the trust issue by delivering transparency, traceability and security on the platform
• Donors would be given the ability to easily make donations worldwide, monitor their expenditure online and receive benefits from the platform's partners.
• The adoption of e-commerce and crypto currencies will enhance an increase in the number of donors

Project strategy

The global e-commerce market is calculable at $2.3 trillion in 2017 and estimated to attain $4 trillion in 2022 with a current study allotted by pew research centre poll which states that 8 out of 10 Americans are active online shopper. Humancoin, therefore, seeks to integrate consumers loyalty programs in the e-commerce market into the charity industry. The initiation of charitable blockchain into online commerce will rapidly grow the charity industry.
Humancoin will integrate cryptocurrency into the charitable blockchain as its token, the token will be utilized for charity projects on the Humancoin platform. Cryptocurrency provides a less costly, quick and secure medium for making payments.

Project benefit

Peer-to-Peer Transactions
User-friendly interface

Why humancoin?

Humancoin will automatically unite philanthropists and recipients of funds on a single P2P platform in the most convenient and transparent environment.
The blockchain platform powered by the “mined” Humancoin token will breathe new life into the charity industry, which will give rise to growth.
Humancoin will also same time become a premier global loyalty program for an increasing number of partners in e-commerce.

 Token Details

Ticker
HUMA
Total supply
6,000,000,000
Token Distribution
3,055,000,000 - For sale
1,000,000,000 - Partnership Development Fund
600,000,000 - Team reward:
- 50% blocked for 12 months
600,000,000 - Advisors and ambassadors
500,000,000 - Consultants and exchanges
245,000,000 - Bounty, airdrop and referral program
click on the link below for more information

★ Website ★  Whitepaper ★ ANN ★ Twitter ★ Facebook ★ Telegram ★ Reddit ★

Username: tochidavid
pofile link: https://bitcointalk.org/index.php?action=profile;u=2355893

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