HUMANCOIN - New E-commerce Cryptocurrency Fuelled by the Proof of Charity mining protocol

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ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
After my research, I found this project in which I really put my faith: HUMANCOIN. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.
Humancoin is a breakthrough blockchain project, which unites philanthropists and recipients of funds on a single platform in the most convenient and transparent way. Donors (made of one of three of us globally) can quickly make donations around the world, monitor their purchases online and also receive discounts from platform partners. HumanCoin is the new e-commerce cryptocurrency fuelled by the Proof of Charity mining protocol. 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.
The Humancoin platform offers industry viable and long-term solutions to charity through the consolidation of three revolutionary processes, crypto currency markets, blockchain technology and e-commerce loyalty programs. The platform brings together all stakeholders, including donors, recipients and e-commerce users. The company has built an interface that allows participants to send donations quickly and interactively to their chosen countries, monitor transactions, and can view reports.
Humancoin unites altruists and beneficiaries of assets on one P2P stage in the most helpful and straightforward way . The blockchain stage will inhale new life into the philanthropy business and is the motor of development. In the meantime, it is the primary worldwide dependability program for an expanding number of web based business accomplices.
P2P platform creates an avenue and ecosystem where donors, recipients and e-commerce players will participate.
This platform interface allows participants to send donations quickly to any country with popular currencies, which will allow tracking of charitable project transactions and projects. The Humancoin platform has been specifically designed to facilitate the interaction process, and this will mostly be done between philanthropists and beneficiaries.
CHALLENGES
There is most likely that there are significant advancements in how to give, however notwithstanding, for this reason, philanthropy branches can't defeat the fundamental impediment, to be the specific absence of trust.
Contributors, a considerable lot of whom are privately owned businesses, confront the issue of trust, relinquishing in light of the fact that there is no real way to find out whether the assets will get out on time.
It was likewise discovered that most gave reserves were kept as regulatory costs, which are normally utilized for beneficent establishments.
Working expenses are additionally a major issue, as most people and organizations, for the most part, need to spend their well-meaning plans, at last, to take care of exchange costs for exchanges.
SOLUTIONS HUMANCOIN OFFERS
Long haul philanthropy chains comprising of banks, NGOs, state offices and law offices will be furnished with dispersed book technology. Utilizing a blockchain platform can give an advanced component that will be utilized to record and view any exchanges.
This new technology on a bigger scale will likewise encourage the advancement of an immediate financing platform. Humanitarians likewise advantage incredibly from computerized scholarly contracts, as this will permit allow beneficiaries to utilize their assets once they effectively defeat such huge numbers of conditions.
The development of the philanthropy business will increment altogether because of the enormous advantages that blockchain technology can offer.
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
HUMANCOIN 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.
The HUMANCOIN 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.
TOKEN AND ICO DETAILS
Token Name: HUMA
Platform: Ethereum
Standard: ERC20
Quantity: 3,055,000,000 HUMA
Price: 1 HUMA = 0.01
Payment: ETH, BTC, LTC
Soft cap: 6,000,000 USD
Hard cap: 26,000,000 USD
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
Humancoin tokens can be easily converted into points, miles, bonuses, coupons. The token owner will be given an incentive to hold them to take advantage of attractive benefits and this provides a long-term and stable token request.
Because the number of partners and the scope of cooperation on the Humancoin Network grew, so did the popularity of tokens. The "mining" proof of charity concept allows projects to reach scales hundreds and thousands of times.
You can join this revolution and follow these links for more information;
Author
nugezmils

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