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wanggober
Newbie
Offline
Activity: 119
Merit: 0
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August 06, 2018, 08:02:17 PM |
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Photographer
Member
Offline
Activity: 157
Merit: 10
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August 06, 2018, 08:24:07 PM |
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Ever wondered how much of your donation ends up in charity funds? Then we’ve got some bad and some good news.
According to various sources, about 20% (sometimes up to 30%!) of all donated funds are kept as administrative expenses by charity foundations. Although it is not the fault of some specific person or fund — that’s just how the whole system works, with funds having to pay rental fees and salaries to their employees — you probably did not expect that to happen while making a donation.
Humancoin founders totally agree with you. That’s why the platform only keeps a 5%-fee raised from the funds collected for charity projects — 4 times lower than the market average! This money will be spent on helping to develop and scale up Humancoin. We are not an intermediary; we are a convenient platform that connect donors and charitable projects directly to each other! Also, thanks to blockchain, all transfers are absolutely traceable and transparent.
Well, this is sounding like a serious statement. But to give it even more credibility you should think at an escrow or some trustless system which can secure the funds destined to charity in a way that nobody can doubt of. If you already have thought at something like that, then you should put that in big evidence. Nobody has answered until now to this concern about the funds being administrated in a trustless way or not. In crypto-space this is an issue.
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Jorandck
Member
Offline
Activity: 308
Merit: 10
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August 07, 2018, 06:39:50 AM |
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The project bring transparency, continence and efficiency to empower charity and high impact to ecommerce industry. Good luck.
You don't hesitate with this platform. I'm sure this is the first blockchain project that has the potential to become an aggregator of the global e-commerce loyalty program
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5dbhd1
Newbie
Offline
Activity: 196
Merit: 0
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August 07, 2018, 09:39:23 AM |
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Hi what's the total supply of Humancoin & Where Can I Find Whitepaper of this project? Thanks and good luck to team.
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thedarknight789
Newbie
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Activity: 140
Merit: 0
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August 07, 2018, 10:50:29 AM |
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In my opinion this is a very interesting project, a bit of a twist with charity and a loyalty program, I’m not sure if I’ve ever heard of a charity doing this before and this may be a niche that people like
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daviszayn
Newbie
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Activity: 140
Merit: 0
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August 07, 2018, 10:50:45 AM |
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So glad to see someone using the blockchain for philanthropy. By providing extra incentives via rewards more people will get interested in crypto currencies and blockchain technology as time goes on.
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humancoinnet
Jr. Member
Offline
Activity: 177
Merit: 1
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August 07, 2018, 11:05:37 AM |
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Hi what's the total supply of Humancoin & Where Can I Find Whitepaper of this project? Thanks and good luck to team.
Hi, the total supply of Humancoin is 3,055,000,000; WP -http://docs.humancoin.net/HumanCoin_whitepaper_en.pdf
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https://t.me/HumancoinChannel
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humancoinnet
Jr. Member
Offline
Activity: 177
Merit: 1
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August 07, 2018, 12:39:46 PM |
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Ever wondered how much of your donation ends up in charity funds? Then we’ve got some bad and some good news.
According to various sources, about 20% (sometimes up to 30%!) of all donated funds are kept as administrative expenses by charity foundations. Although it is not the fault of some specific person or fund — that’s just how the whole system works, with funds having to pay rental fees and salaries to their employees — you probably did not expect that to happen while making a donation.
Humancoin founders totally agree with you. That’s why the platform only keeps a 5%-fee raised from the funds collected for charity projects — 4 times lower than the market average! This money will be spent on helping to develop and scale up Humancoin. We are not an intermediary; we are a convenient platform that connect donors and charitable projects directly to each other! Also, thanks to blockchain, all transfers are absolutely traceable and transparent.
Well, this is sounding like a serious statement. But to give it even more credibility you should think at an escrow or some trustless system which can secure the funds destined to charity in a way that nobody can doubt of. If you already have thought at something like that, then you should put that in big evidence. Nobody has answered until now to this concern about the funds being administrated in a trustless way or not. In crypto-space this is an issue. Hello, sorry for the delay. Humancoin is a p2p platform, so the funds go directly from the donor to the recipients, it only keeps the commission to maintain the platform.
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https://t.me/HumancoinChannel
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thedarknight789
Newbie
Offline
Activity: 140
Merit: 0
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August 08, 2018, 01:28:01 AM |
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I love this project. Great team and advisory board. The vision of this ICO isn't only good economically but I believe it makes a greater service as social good. I hope Humancoin succeeds, good luck team!
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daviszayn
Newbie
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Activity: 140
Merit: 0
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August 08, 2018, 01:29:59 AM |
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Human coin is a very interesting and unique concept I believe. The team seems capable to execute it successfully. I like the idea of combining charity with e-commerce
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phamthithutrang
Newbie
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Activity: 266
Merit: 0
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August 08, 2018, 01:31:16 AM |
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Solid looking project, great vision. It is great to give and we all should do so. At the same time I think genuine value creation should be rewarded and not just given away and this project helps to follow that philosophy. Best of luck with the project.
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Reymond29
Newbie
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Activity: 60
Merit: 0
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August 08, 2018, 10:29:19 AM |
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This project is great, interesting and unique. I hope humancoin succeed, Looking forward for this project. GoodLuck!
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chon83
Copper Member
Newbie
Offline
Activity: 98
Merit: 0
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August 08, 2018, 12:46:28 PM |
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I like the synergy between charity and e-commerce. The Blockchain technology and transparency works well here. The team has a great background from the right places.
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bakst2
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August 08, 2018, 02:32:28 PM |
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Great team and advisory board. The vision of this ICO isn't only good economically but I believe it makes a greater service as social good. I hope Humancoin succeeds, good luck team!
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chon0783
Copper Member
Newbie
Offline
Activity: 140
Merit: 0
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August 08, 2018, 08:08:25 PM |
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This a new approach to make loyalty rewards in retail e-commerce more effective. Good luck.
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HarrisPay
Jr. Member
Offline
Activity: 140
Merit: 1
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August 09, 2018, 04:34:31 AM |
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Its a revolutionary project uniting charity and e-commerce. Blockchain tech is necessary to increase transparency of charitable donations
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ELONCITY ❱ ❱ ❱ ❱ Power The world for FREE! Public Sale Coming Soon │ https://eloncity.io/
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thedarknight789
Newbie
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Activity: 140
Merit: 0
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August 09, 2018, 04:36:21 AM |
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I rarely find a project to be the true epitome of the ethos of Blockchain, where team, vision and product meet in a seamless way. This project is just about right
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liamclark
Jr. Member
Offline
Activity: 168
Merit: 5
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August 09, 2018, 04:39:27 AM |
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the most valuable projects for the larger society the ones, which are related to education, healthcare and charity, I hope Humancoin will succeed and do a lot of good in the world!
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