Introduction
HumanCoin is a Blockchain based project where they are connecting a philanthropists and recipients of funds on a single platform. Donors can make quickly donations around the world, monitor their expenditure online and receive discounts from the platform’s partners. It is a revolutionary platform where they are changing the philanthropy industry for good cause, and specially created to work with an E-Commerce and Cryptocurrency Markets – which together have a combined value of $3.5 trillion.
Problem
The main problem where the existing technology used in the charity industry is at lower level. Common factor for individuals and companies who are ready to donate funds but change their mind due to – doubts whether the contribution will reach to the right place in full and on time or not, lack of trust issues in charities. According to the source, around 20% of all donated funds end up being kept as administrative expense by charity foundations.
Solution
HumanCoin come up with the solution by integrating blockchain technology by revolutionizing philanthropist industry by connecting them with the recipients of funds on a single platform. They are also connecting with an e-commerce industry to become a global loyalty program aggregator. They are increasing their number of partnerships to increase the popularity of the token named HUMA. The future expansion of this project will finance 5%-fee of raised funds is being collected for charity projects which is 4 times lower than existing market.
Charity Market
Through the distributed ledger technology, they are eliminating middlemen and long charity process composed of banks, NGOs, state bodies and law firms. Blockchain is providing a digital mechanism for recording and viewing any transaction. Blockchain also solving the trust issue by providing transparency, traceability and security. This new technology is already being studied by major market players such as UNICEF and The World Bank. Some of the charitable trust such as Red Cross and Save the Children have already begun accepting donations in cryptocurrencies.E-Commerce Market
Today, some of the market leaders like Alibaba, Expedia, Zynga etc have already started implementing blockchain solutions and began accepting cryptocurrencies as well. The integration of consumer loyalty programs with the charity industry will create a strong emotional attachment. They are providing offers or coupons in their platform to the consumers with the help of HumanCoin platform as well.
The Team
Giles Gailer – CEO – He’s a digital entrepreneur and an enthusiastic advocate of e-commerce and cryptocurrency. He is a determined, imaginative and disruptive leader with a background in international strategic business development and leading management teams.
Kate Bublik – CMO – A digital marketing professional with a solid and successful experience in implementation and development digital strategies and IT solutions worldwide for big enterprises and hi-tech startups. Former Head of digital marketing at SKYFchain, Product manager at FuturTech and Digital Marketing specialist at Experian & Enter Capital.
Aravinda Babu – Blockchain & Smart Contracts Expert – Aravinda has master's degree in computer science with 17 years of rich industrial experience in cloud, security and Blockchain. He has a patent with US Patents and Trademark Office (USPTO) on encryption deployment discovery. He has technical leadership experience representing Nokia, Motorola, IBM Labs.
Token Matrix
Token – HUMA
Total Supply – 3,055,000,000
Price Per Token – $0.01 USD
Soft Cap – $6M USD
Hard Cap – $26M USD
Pre-Sale – 1st July to 15th August 2018
Crowd Sale – 15th September to 1st November 2018
Social Media Reach
Facebook – 1325+ Followers – https://www.facebook.com/Humancoinnet/
Twitter – 15.5k+ Followers – https://twitter.com/humancoinnet
Telegram – 18120+ Members – https://t.me/HumancoinChat
Verdict
The Social Media hype is excellent, and they are very much active in their Telegram Group.
There are 6 core members in a leadership team who are having experience and expertise in Digital Marketing, E-Commerce, IT, Software, Cloud Security, Social Media Marketing, Blockchain and Crypto Enthusiast.
They have 10 advisors on board who are already holding a position of CEO, Founder, CTO, Chairman and Vice Chairman of many leading & reputed companies. They are having expertise in Finance, Software, Retail Digital Technology, Consultancy, Blockchain and Cryptocurrency Enthusiast. They are also a PhD and MBA holder.
The Website and Whitepaper both explained very well in detail which is easy to understand this project.
The Roadmap is provided till 2019 where MVP is about to release in Q3 2018. The token sale is also about to start in July 2018.
For Partnerships they will start signing agreements with E-Commerce players later.
For Detailed Information
Website – https://www.humancoin.net/
Whitepaper – http://docs.humancoin.net/HumanCoin_whitepaper_en.pdf
ANN Thread – https://bitcointalk.org/index.php?topic=4469466
Bitcointalk Username – ritikagupta
Bitcointalk URL – https://bitcointalk.org/index.php?action=profile;u=1375471
ETH Address – 0xA6119b0AF2EC4A3e8A64f8ADA1dBF152f06eC392