HUMANCOIN – The New e-Commerce Cryptocurrency Fueled By The Proof of Charity Mining Protocol

INTRODUCTION

Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.

Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.

As more technological advancements are uncovered, HumanCoin, the new e-commerce cryptocurrency fuelled by the Proof of Charity mining protocol came on board.

ABOUT HUMANCOIN?

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.

Find below a video presentation on HUMANCOIN

Furthermore, 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.

Charity projects can receive funds with a minimum of overheads and in a short time in a comfortable currency. Blockchains can reduce the need for third parties (long-chain banks, NGOs, government agencies, law firms and so on). Blockchain can simplify the platform on a much larger scale.

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.

The Problem

The Solution

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, cryptoexchanges, international corporations, regardless of whether they operate with cryptocurrencies or not.

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

How it 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.

Why You Should Invest in HumanCoin

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.

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

THE DISTRIBUTION OF HUMANCOIN TOKENS

The presale will be from the 1st of July to 15th of August, 2018.

The token sale will be from the 15th of September to the 1st of November 2018.

The token is expected to rise at $1 per minute.

Softcap will be $6 per minute.

Hardcap will be $26 per minute.

The available token for sale is 3 055 000 000.

The presale will be 150 000 000 with 50% bonus.

The 1st stage of the token sale will have 945 000 000 with 35% bonus.

The 2nd stage for the token sale will be 960 000 000 and it will have 20% available bonus.

The 3rd stage for the token sale will have 1 000 000 000 with 0% bonus.

Every other token left unsold will be burned.

Tokens will be allocated to the user’s personal account and the distribution will be made after the conclusion of the token sale and it will be then listed on the popular cryptoexchanges.

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