Humancoin - The Cryptocurrency of Kindness

hagz (30)in #humancoin • 6 years ago

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.

Humancoin

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.

Humancoin?

The Humancoin tokens can be easily convertible into any points, miles, bonuses, coupons.
Token owners will be incentivized to hold them to take advantage of attractive benefits and this provides a long-term, stable demand for tokens.
As the number of partners and the scope of cooperation within the Humancoin Network grows, so does the popularity of the token.
The Proof of Charity “mining” concept allows the project to scale hundreds and thousands of times.

Unique features of Humancoin

This is the first ever blockchain project that has the potential to become a global e-commerce loyalty program aggregator.
Association with philanthropy gives its tokens a unique advantage in developing loyalty programs with partners creating a strong emotional resonance.
Instead of competing with existing programs, the Humancoin token is effortlessly integrated into already existing systems — all it requires is setting a conversion rate.

Breakthrough blockchain project?

Humancoin unites philanthropists and recipients of funds on a single P2P platform in the most convenient and transparent way possible.
The blockchain platform fuelled by the “mined” Humancoin token will breathe new life into the charity industry, proving an engine of growth.
While at the same time becoming a premier global loyalty program for an increasing number of partners in e-commerce.

Solution: Humancoin is the currency of kindness

Blockchain solves the trust issue by providing transparency, traceability, and security.

Donors can quickly make donations worldwide, monitor their expenditure online, receive benefits from the platform's partners.
The symbiosis of e-commerce and cryptocurrencies will facilitate an increase in the number of donors.

Among the project's partners will be large online stores, service businesses, gaming and entertainment industries, airlines, crypto exchanges, international corporations, regardless of whether they operate with cryptocurrencies or not.

WORKS!

The platform provides the opportunity to fully track donations online, as well as voting and ranking for projects and philanthropists along with other features.

There is also the option to receive a receipt for each donation to use for tax deduction purposes depending on the donor's tax jurisdiction.
The future expansion of the project will be financed by the 5%-fee raised from the funds collected for charity projects, which is 4 times lower than the market average.

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.