Humancoin is the new massive cryptocurrency fuelled by the Proof of Charity mining protocol (which allows to scale it thousands of times). It is backed by the synergy of charity industry and retail e-commerce (which together have a combined value of $3,5 trillion on a single P2P convenient platform). Blockchain technology solves everlasting charity problems adding transparency and traceability (proving an engine of growth). Association with philanthropy gives Humancoins a unique advantage in integrating with e-commerce loyalty program (becoming a potential global aggregator with its tokens easily convertible into any points, miles, bonuses, aggregator. Token owners are incentivized to hold them to take advantage of attractive benefits. And this provides a long-term, stable demand for tokens. The Proof of Charity “mining” concept allows the project to scale hundreds and thousands of times. Association with philanthropy gives its tokens a unique advantage.
Why is Humancoin a breakthrough blockchain project?
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.
Why own Humancoin?
- The Humancoin tokens can be easily convertible into any points, miles, bonuses, coupons. Token owners will be incentivized to hold them to take advantage of attractive benefits and this provides a long-term, stable demand for tokens
- As the number of partners and the scope of cooperation within the Humancoin Network grows, so does the popularity of the token
- The Proof of Charity “mining” concept allows the project to scale hundreds and thousands of times
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
Problem: lack of trust
- Doubts over whether the contribution will reach the recipient in full and on time, and a lack of trust in charities
- High operational costs of the transactions, the complexity of cross-border payments, as well as dealing with regulatory agencies
- Inability to discern any additional benefits for making a donation
- Huge competition in e-commerce with the most pressing challenge being to retain existing customers.
Solution: Humancoin is the currency of kindness
- 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.
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.