Indicoin is a decentralized autonomous cryptocurrency and a social service platform that enables users to use smart contracts to provide social proof to the blockchain community through a decentralized, unbiased and transparent voting process thereby incentivizing and encouraging the user community to undertake more such social tasks. Indicoin is a first ever social platform where people can not only contribute but also validate through any kind of content post anonymously from anywhere, anytime and also earn through it.
Indicoin is a platform that relies on blockchain technology and cryptocurrencies to restructure the way a lot of our daily routines are carried out. The idea behind Indicoin is to create an inclusive community of people who are incentivized to do socially positive and constructive tasks. This creates a new paradigm in which technology is infused with our social fabric. It greatly increases the area of impact for various associated technologies and makes everyone a part of the global internet. While, at the same time also providing a platform to express and impress.
Indicoin believes that it isn’t always necessary to cross oceans in order to help someone or a whole society, one can voice his opinion sitting at home. All that matters is that our concern and care turns into an action or a movement towards betterment. Hence with this speculation in our mind, we at Indicoin aspire to provide a broad platform for people from all walks of life, from any part of the world. We pursue to create an online platform where all of us can come together to contribute.
So the question is how?
IndiCoin is developed to address the broken social sector. We are building a DApp where one can share any proof of work such as live videos, images, illegal document leak, e-way bills for which our DApp will provide full anonymity and in exchange provide Indi tokens.
Along with that, we'll be addressing poverty, child labor, proper sanitation, education, bringing drinking water accessible to everyone and million other test cases.
Well, all you have to do is “share any (kind of Proof) live videos, images, illegal documents leak, E-way bills for which our DApp will provide full anonymity in supporting the real world or communities ecosystem in some or other way.” So all you have to do is do some good around you in making our world a better place and we will guarantee your full anonymity. As the traits of a ‘social worker’ is naturally grained in all of us, so one doesn’t just need to get a University certificate or let’s say work at a refugee camp to be called one. Today with the help of technology’s connectivity, we all can make our concerned voices heard.
Indicoin tokens give the members of the community the right to raise a proposal and vote for proposals of other members.
Suppose I am doing something which will ultimately lead to upliftment of the society.
So I raise a proposal on the platform.
Upload my proof of work which can be anything like a live video or genuine documentation.
This proof of work is now reviewed by other members of the platform and a transparent and unbiased voting process takes place.
If my proposal is found to be genuine I get indicoins as a reward.
Indicoins are ERC20 tokens built on top of ethereum. So, IPFS, smart contracts(ethereum) and the distribution protocol developed by our team will decide to whom and how many coins will be allocated.
What do we wish to accomplish?
The social work encompasses a large array of jobs such as conducting awareness and literacy programs among the underprivileged sections of the society, conflict resolution of any kind and work-related but not limited to environmental concerns. Hence Indicoin aims at providing financial benefits to the social workers and furthermore encourage users to help and improve the society as a whole by attaching a monetary value to every kind of work that benefits the society. Upon successful completion of the social work, an autonomous distribution of indicoin is done by the community on the basis of governance and consensus model. The funds provided for social work are to be locked through smart contracts and only be distributed upon the successful verification of the proof of work provided by the user on the indicoin platform.
“According to Survey, 82% of Indians are deprived of basic needs in the country, which are tap water, electricity, and proper sanitation.”
We are coming from a country where a mother has to walk miles for bringing water to their children, where a great mind get unexplored due to the continuous gaze of those eyes over dreamy eyelids in the dim light of a lantern, where rural masses still do not have access to a modern toilet. Illiteracy is still is it’s large.
We are willing to overcome these problems with people who really want to contribute to society by doing some good to others. “Every good deed that’s nobly done will be repaid by us.”
Keep in mind these are just a few of test cases that we see in our day to day life. There are a lot of other issues that we will overlook and vanquish with your help and support.
How do we use Blockchain?
It is a platform Independent, self-governing social service DApp for a community of people who really want to contribute to the society. Indicoin aims to use the technology of Blockchain and Smart Contracts to provide meaningful tasks to the user community and linking a monetary value (Indicoin) on these tasks. The Indicoin project recognizes that an extremely ignorant and inconsiderate amount of the human population’s attention which plays a significant role in aggravating the inequalities inherent in our society. By administering an efficient virtual platform that controls the power of digital currencies, blockchain ledgers, IPFS and physical world ethics we are enacting a completely individualistic and autonomic system, acquitted from the political quirks of any nation, that is capable of causing a positive impact on people’s lives by allowing them to undertake tasks related to the welfare and upliftment of the society and also grant eloquent recurring income to all those eager to engage.
India's first Token sale!
IndiCoin Token sale would be the first ever Token Sale/ICO officially covering India where people can buy IndiCoin in INR as well as other cryptocurrencies. Our mission is to create awareness among 1.2 billion unaware Indians about cryptocurrency and blockchain ecosystem also create a sense of social accountability among individuals.
We have successfully concluded our Presale on September 20, 2017, raising over 900+ ethereum
Let's together take a step toward making this world without any borders