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HUMANCOIN INTRODUCTION
Humancoin (HUMA)
Humancoin is a breakthrough blockchain project, which brings philanthropy and recipients together on a single platform in the most convenient and transparent way. Donors (consisting of one in three of us globally) can quickly donate worldwide, monitor their online shopping and also receive discounts from platform partners. Charity projects can receive funds with minimal exploitation costs and in a short time with a comfortable currency.
The Humancoin token can be easily converted to tokens, miles, bonuses and other coupons. Owner tokens will be encouraged to hold them to take advantage of attractive benefits, and this provides long-term, stable demand. Because the number of partners and the scale of cooperation in the Humancoin network grew, the popularity of tokens grew.
The use of blockchain technology as their backbone and the associated P2P Internet platform help solve the problems of the industry and provide a powerful impetus for its further development, giving donors an advantage to donate their funds are being spent exactly as intended, as well as low transaction costs also the transaction that automatically became the reason Humancoin chose Blockchain to be the backbone of their platform, Blockchain provides a digital mechanism for recording and viewing any transaction. It is important that the record can not be hacked or modified. Blockchain solves the trust issue by providing transparency, traceability and security.
Then why choose Humancoin, Humancoin is seriously developing a charity flatform with e-commerce so that everyone can charity using the Humancoin flatform and receive benefits in the form of coupons, promos also attractive offers from e-commerce platforms that work with Humancoin. this point is very beneficial for donors not only provide charity funds but benefit from e-commerce that collaborates with Humancoin.
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.
How does it work
The platform provides an opportunity to fully monitor online donations, as well as to select and evaluate projects and charities along with other functions.
There is also the opportunity to receive a receipt for each donation that will be used for tax reduction purposes depending on the tax jurisdiction of the donor.
Future project expansion will be financed at 5% - from funds collected for charity projects, which are 4 times lower than the market average. Charity projects, both personal and financial initiatives, including details about the Humancoin platform.
They fill in the standard format from the initial phase. In the future, Humancoin plans to conduct a judicial audit with the help of special financial and legal teams. Contributions can be anonymous, or, conversely, if the donor wants it, it can be published.
"Mining" of Humancoin tokens
Crowdsdale of Humancoin tokens is not their only issue, but the only difference between them is the purpose of release. The release of Humancoin after the crowdsdale will be carried out exclusively by limited tranches and will depend entirely on the actual amount of the charitable contributions. The goal of releasing tokens is to reward the donors, so charitable project participants will have additional incentives to engage in charity.
The thing is that each donor receives exactly 50% of his donations in tokens at the current exchange rate. Generally speaking, the user purchases tokens at a price of 2 per 1, but at the same time, in full, makes a donation for charitable purposes. As a result, the donor can choose to either sell tokens on the exchange, or use them to receive discounts within the framework of the partner loyalty program.
In practice, it will look like this. Let's say a user is going to donate $ 1000, and the market value of Humancoin tokens is $ 1. As a result, 1000 tokens are transferred to the purse of the recipient of the donation, and the user is returned 500 tokens as compensation, which he can use in any way convenient for him.
The thing is that each donor receives exactly 50% of his donations in tokens at the current exchange rate. Generally speaking, the user purchases tokens at a price of 2 per 1, but at the same time, in full, makes a donation for charitable purposes. As a result, the donor can choose to either sell tokens on the exchange, or use them to receive discounts within the framework of the partner loyalty program.
In practice, it will look like this. Let's say a user is going to donate $ 1000, and the market value of Humancoin tokens is $ 1. As a result, 1000 tokens are transferred to the purse of the recipient of the donation, and the user is returned 500 tokens as compensation, which he can use in any way convenient for him.
Transactions using blocking technology have many advantages. First of all, the use of crypto currency for making transfers ensures their speed and eliminates any boundaries. Users do not need to use local currencies and convert them. In fact, the donor sends tokens to the recipient, but both send and receive the Fiat conversion automatically.
In addition, as is known, crypto-currency is based on block-up technology, one of the features of which is the ability to monitor the status of transactions and ensure transparency of transfers. Thanks to this, donors can view not only the state of their transaction, but also how exactly the project / fund to which they donated their funds, uses them. Due to the low cost of transactions, funds and projects receive the maximum amount of money - the commission of the Humancoin platform is only 5%, while most charities and funds charge at least 4-5 times more, because some of these funds are needed to organize them work.
In addition, as is known, crypto-currency is based on block-up technology, one of the features of which is the ability to monitor the status of transactions and ensure transparency of transfers. Thanks to this, donors can view not only the state of their transaction, but also how exactly the project / fund to which they donated their funds, uses them. Due to the low cost of transactions, funds and projects receive the maximum amount of money - the commission of the Humancoin platform is only 5%, while most charities and funds charge at least 4-5 times more, because some of these funds are needed to organize them work.
Humancoin's unique feature
This is the first project in history to become a global aggregator of e-commerce loyalty programs.
The relationship with philanthropy provides a unique token advantage in developing loyalty programs with partners that create strong emotional resonance.
Examples compete with existing programs, the Humancoin token is easily integrated into existing systems - all it takes is conversion rate settings
Problem: lack of trust
Doubts about whether the recipient's contribution will reach full and on time, as well as a lack of trust in organizational charities.
High transaction fees for transactions, complexity of cross-border payments, and working with regulatory agencies.
Inability to differentiate any additional benefits to make a donation.
Doubts about whether the recipient's contribution will reach full and on time, as well as a lack of trust in organizational charities.
High transaction fees for transactions, complexity of cross-border payments, and working with regulatory agencies.
Inability to differentiate any additional benefits to make a donation.
TOKEN INFORMATION
Symbol HUMA
Start Date September 15,2018
End Date November 01,2018
Flatform Ethereum
Softcap 6,000,000 USD
Hardcap 26,000,000 USD
Accepting payment ETH
Bounty Available
Symbol HUMA
Start Date September 15,2018
End Date November 01,2018
Flatform Ethereum
Softcap 6,000,000 USD
Hardcap 26,000,000 USD
Accepting payment ETH
Bounty Available
Token Distribution
3 055 million - For Sale
1 000 million - Partnership Development Fund
600 million - Team reward => 50% blocked by smart contract for 6 months. => 50% blocked for 12 months
600 million - Advisers and ambassadors
500 million - Consultants and exchanges
245 million - Bounty program, air and referral
3 055 million - For Sale
1 000 million - Partnership Development Fund
600 million - Team reward => 50% blocked by smart contract for 6 months. => 50% blocked for 12 months
600 million - Advisers and ambassadors
500 million - Consultants and exchanges
245 million - Bounty program, air and referral
3,055,000,000 ERC20 Humancoins are available
All tokens that go unsold will be burned
The price of one token is $0.01
Minimum purchase — 0.1 ETH
Pre-Sale
July 1 — August 15
Expected to raise
$ 1 mln
Token Sale
September 15 — November 1
Softcap — $6 mln
Hardcap — $26 mln
Team & Advisors
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