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Author Topic: [ANN] [PRE-ICO] Humancoin is the cryptocurrency of kindness  (Read 30169 times)
hardt0choose
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June 20, 2018, 06:22:02 AM
 #61

Our participants are free to make donations in any currency that they are comfortable spending the money in.  The donor may transfer the money in the desired currency to the recipient using the built-in currency conversion instrument on the Humancoin platform.

Thats actually pretty sweet. Converting currencies to something a charity fund of your choice accepts can be a pain.
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klimus
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June 20, 2018, 06:26:30 AM
 #62

Can we make a donation in fiat? Or the only crypto is expected?
gumeny
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June 20, 2018, 06:36:51 AM
 #63

Donators will receive back 50% of the value of their donation in tokens according to the exchange-weighted price of the token... Hm, sounds interesting. It’s a win-win situation, both from a moral and a financial standpoint.
an important feature that this 50% is according to the exchange-weighted price of the token, not 50% of the donation.

Quote
For example, a patron donates the equivalent
of $1,000 to charity projects on the Humancoin platform. If the average exchange
rate of the Humancoin token is, for example, $2, the donor is credited with 1000/
(2×2) = 250 Humancoin tokens.
BBjoe
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June 20, 2018, 06:45:21 AM
 #64

Donators will receive back 50% of the value of their donation in tokens according to the exchange-weighted price of the token... Hm, sounds interesting. It’s a win-win situation, both from a moral and a financial standpoint.
an important feature that this 50% is according to the exchange-weighted price of the token, not 50% of the donation.

Quote
For example, a patron donates the equivalent
of $1,000 to charity projects on the Humancoin platform. If the average exchange
rate of the Humancoin token is, for example, $2, the donor is credited with 1000/
(2×2) = 250 Humancoin tokens.
Yep, I saw it. Even so, it's winning situation. Your donation will help people in need and the loyalty program will help you
hardt0choose
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June 20, 2018, 06:53:48 AM
 #65

Can we make a donation in fiat? Or the only crypto is expected?
Asked this question a bit earlier. They say it can be both types of currency.

Our participants are free to make donations in any currency that they are comfortable spending the money in.  The donor may transfer the money in the desired currency to the recipient using the built-in currency conversion instrument on the Humancoin platform.
klimus
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June 20, 2018, 07:04:59 AM
 #66

Can we make a donation in fiat? Or the only crypto is expected?
Asked this question a bit earlier. They say it can be both types of currency.

Our participants are free to make donations in any currency that they are comfortable spending the money in.  The donor may transfer the money in the desired currency to the recipient using the built-in currency conversion instrument on the Humancoin platform.
Thank you, sorry for inattention. I think it's very convenient, to make a donation from your card if you haven't got crypto yet
AbsCentner
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June 20, 2018, 07:39:28 AM
 #67

Philanthropic businesses are some of the most powerful in the world.  The main advantage of this project is traceability of transactions in real time. It means, that our donations will be received by real people in need instead of somebody's pocket
EitherDivizion
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June 20, 2018, 08:11:07 AM
 #68

As I saw, at first, we should choose the project where to donate. I hope there will be something like dividing into categories, it will help to choose
technoloverr
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June 20, 2018, 08:21:12 AM
 #69

As I saw, at first, we should choose the project where to donate. I hope there will be something like dividing into categories, it will help to choose

There will be the breakdown of projects by category and subcategory (such as health, natural disasters, religion and environment). If you are passionate about something or believe that a certain area is important, you will be able to support that cause.
honey.please
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June 20, 2018, 08:28:57 AM
 #70

So, thats another "remove the unnecessary middleman (or severely reduce their numbers)" deal, but for charities? Sure, I can see it working out. Here's hoping, it'll take off.
EitherDivizion
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June 20, 2018, 08:29:35 AM
 #71

As I saw, at first, we should choose the project where to donate. I hope there will be something like dividing into categories, it will help to choose

There will be the breakdown of projects by category and subcategory (such as health, natural disasters, religion and environment). If you are passionate about something or believe that a certain area is important, you will be able to support that cause.
Thanks, I've already found it in wp, but there is nothing about animals protection or I missed something. I think it's very important too
idythef
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June 20, 2018, 08:50:04 AM
 #72

The loyalty program is a nice idea. Not a horribly charitable person myself, but I would donate once in a while if I got something in return for that.
STI_2M
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June 20, 2018, 09:10:14 AM
 #73

There will be the breakdown of projects by category and subcategory (such as health, natural disasters, religion and environment). If you are passionate about something or believe that a certain area is important, you will be able to support that cause.

I'd imagine, this, plus the rating system they mentioned will help the newcomer contributors to chose, which fund deserves to receive their money.
honey.please
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June 20, 2018, 09:33:08 AM
 #74

So, thats another "remove the unnecessary middleman (or severely reduce their numbers)" deal, but for charities? Sure, I can see it working out. Here's hoping, it'll take off.
there are a lot of unnecessary middlemen nowadays, we should remove them as more as possible, especially in the charity field

Yeah, I know. Just in this particular case, its actually for a good cause, rather than for efficiency's sake. The fewer there are intermediaries, the less they'll shave off the top of the total donation sum, the more will go to those who need it.
dwightschultz
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June 20, 2018, 10:02:46 AM
 #75

Any info on when ICO starts?
4gu5dr4g0n
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June 20, 2018, 10:25:05 AM
 #76

This project has a very noble humanitarian goal, but in this gathering of generous people who are easy to lend aids and can forward it to others who are less able to backfire on this project. and also, projects about donations or on behalf of humanity now often fail. but I hope a lot for this project, so that the parties work hard in promoting.success continues .. my hope many investors who will join this project.
lookatmesong
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June 20, 2018, 10:36:18 AM
 #77

Do you get tokens only in exchange for donations or can you just straight up buy them from the platform?
benres
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June 20, 2018, 12:41:38 PM
 #78

This is a great project and hopefully that it will be a successful ecosystem. This is the first cryptocurrency that I encountered that deals with philanthropy mission and this I think is one of the best platform because the time is now to build a project that deals with this kind of vision especially that cryptocurrency industry is getting bigger and becoming a mainstream all over the world!
thunhapthem
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June 20, 2018, 12:42:07 PM
 #79

The loyalty program is a nice idea. Not a horribly charitable person myself, but I would donate once in a while if I got something in return for that.thanks
Khala
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June 20, 2018, 12:45:39 PM
 #80

The loyalty program is a nice idea. Not a horribly charitable person myself, but I would donate once in a while if I got something in return for that.thanks
You mean gratitude? because the donation assumes that you will give something after not having received anything in exchange for yourself
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