Many of us talk about the topic of charity with lack of confidence. Probably everyone has heard numerous stories about how the charity organizations spend donated funds far from good deals. Also, scams are not excluded from the money transfer to the account. Given all this, many people have well-founded doubts whether their donations will go to a good cause. Therefore, real charitable companies often have to prove to people that they do not want to cash in at the expense of others, and all means will be transferred to the needy. Without a doubt, there are organizations that have earned their trust and respect with their many years of hard work. In such companies, it is possible to donate funds without hesitation and to be sure that money will go to charity. However such organizations are rare, but there are very and very much people who need help.
But existing charitable funds have some serious shortcomings. For example, quite high commissions of charitable companies are barriers for the part of donors, because people simply want the needy to receive 100% of their funds. Another big drawback of existing systems is the intransparency of their actions, that means, you may never know who received your donations. Agree, this is not pleasant, when someone unfairly taking part of your money. However, mankind is trying to solve this problem, and perhaps the answer has been already found. And it also made with the already well-known system of the blockchain.
Giftcoin is a platform that allows you to track all transactions of your funds, from the moment they are withdrawn from your account until they are spent for a specific purpose. In addition, if the project, for which you are making a donation, fails, the funds will be returned to your account and you can use them at your discretion in the future. Also, this site allows you to relatively quietly accumulate funds on the user's account, by rounding up the daily costs to $ 1. To prevent unplanned large amounts from being transferred, you can set a monthly limit. Donations are made in Giftcoin tokens. At the moment, there is no commission for transactions of cryptocurrency in the Giftcoin, but to ensure the viability of the site the team is going to introduce a fee, presumably 1%.
In total, 1 billion tokens will be available, of which 45% will be sold during 2 ICOs. The first sales (10% coins) started on March 20 with a price of 1 Giftcoin = $0.10 and until April 20 you have a chance to purchase them. The second ICO will be held already in October 2018, with 35% of the tokens for sale.
At the head of this platform are entrepreneurs with great experience. For example, Alex Howard, as Charity Founder & Visionary, who is also the founder of The Optimum Health Clinic, and the "Conscious Life" platform. The team also includes a leading expert in technology Tim Bichara (20 years of experience), system analyst Chris Cain (working with P2P platforms since 2004) and others. For consultations, Giftcoin has many advisors in various fields of activity, you can see all of them on the official website of the platform.
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Thus, the Giftcoin system solves many contemporary problems associated with charity. First, donors can safely transfer funds and track their transactions and use of charitable companies. Secondly, it is logical to assume that thanks to this site both the number of donors and the number of donations will increase, as most people are reluctant to give their funds precisely because of fear of being deceived. Thirdly, charitable companies have the opportunity to show what they spend money on and thus earn their trust. And fourthly, this site simplifies the scheme of making donations, including the accumulation of funds and much more. And in conclusion to all, 1% of the fees is the smallest percentage among existing organizations.
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