About Giftcoin
Giftcoin is a new cryptocurrency platform aiming to revolutionize the charity sector, through the implementation of blockchain technology. In fact, it is the world's first cryptocurrency specially designed for charity and good causes. With the help of smart contracts, Giftcoin tracks, and reports where your money goes and the impact it has. As a result of great transparency, donors have increased confidence, while charities receive powerful feedback and more money to increase their influence.
Features of Giftcoin
Giftcoin tackles the above-mentioned problems like a pro. By using blockchain and GiftCoin Token, the platform can keep a track of how and where the funds are spent after the fund-raising events. Blockchain thus presents a revolution in the way charities build trust and engagement with donors. This will l attract more and more people to actually pay for charity by breaking the stereotype of charity events.
Apart from being a trustable platform, GiftCoop is a feeless platform. This means that you just do not have full trust in all the money you spent but 'all of it' will reach the right people.
How Its Works?
The picture below depicts in great terms, how your funds are donated over the platform. By using the tamper-proof system offered by the blockchain the platform will upload all the transactions as a block over the blockchain and thus securing your contributed funds. The platform will also keep the tack of how these funds are spent by Recipients and uploads these transactions for public view. All the transactions and storage is done on the blockchain which must ensuure that no data given to the user is fake, all of comes from an immutable and secure blockchain ledger.
GiftCoin Token details and ICO
The ICO for GiftCoin token starts 20th March 2018 until 19th April 2018.
Token Details
Token - Gift
Price - 1ETH = 10000 GIFT
Platform - Ethereum blockchain
Accepted currencies - BTC and ETH
Soft Cap - 25,000,000 GIFT
Hard Cap - 100,000,000 GIFT
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Author: sosisbakar12