ICO Humancoin

Otto Zanuchifudel
4 min readSep 27, 2018

Natural wealth, benefits of civilization and financial flows that go through all people around the world, unfortunately, are distributed unevenly. This unevenness becomes more pronounced every day. Especially if we look at the African continent, in almost all countries one can witness millions of needy people who do not have enough money even for food. Of course, the global goal of philanthropy is not limited to Africa, but this is one of those bright elements by which one can judge the need to help people in need.

Even though the modern world order is not entirely fair, many people want to share some of their money with someone they really need. To this end, thousands of charitable organizations and associations are created. But it is worth noting the fact that there are a lot of cases of fraud that were fixed and made public. Most of these fraudulent schemes passed through such organizations. Because of all this, most of the people who could participate in charity, no longer want to help, because they do not know which organization can be trusted and which one is not.
People want to know whether their money transfer was successful and whether it was used directly, but in a traditional format its impossible.

The Humancoin project is a project that will change these traditions and prevent fraud and exploitation of people due to the transparency offered by blockade technology. Not only lack of trust, but also problems associated with methods of financing charity, will be solved by the project Humancoin.

People will be able to monitor the transfer of their remittances to charitable organizations and their distribution in a chain of blocks. In addition, charitable organizations will be able to record in which categories (earthquake victims, starving, infected with diseases and so on) organized a scheme, as well as the legal and financial conditions of the projects.
Users who complete registration process on Humancoin platform can make an anonymous translation, or use information about their identity. Organizations that want to collect assistance through the Humancoin platform, first apply through the form and register the requested documents in the system. After this stage, the institutions, which are thoroughly considered by the Humancoin team, will receive approval. The Humancoin project not only offers solutions for charity, but also has useful functions in the e-commerce sector. The platform will provide services, in particular loyalty programs for customers of commercial organizations.

To collect the necessary investments for the Humancoin project, HUMA tokens developed on the Ethereum platform were put on the market. The total number of HUMA tokens is 6 billion pieces, of which 3,055 billion will be sold.
All HUMA tokens that will not be sold during the ICO process will be burned. The price determined for 1 HUMA token in the ICO process is $ 0.01. Payments are accepted through various cryptocurrencies: BTC, ETH, BCH, LTC, NEO, XRP, as well as dollars and euro. Minimum investment target (softcap) of the project is 6 million US dollars, and maximum investment target (hardcap) is 26 million US dollars.

In conclusion, I want to say that the project is perfectly described in its whitepaper, has an excellent team and great support within the cryptocommunity. At the time of writing, the softcap has already been overcome a long time ago, the project is confidently moving to the maximum hardcap. Solutions of the development team are very unique and breakthrough, no one has yet proposed such an elegant solution to such global problems as the problem of charity. Ratings on various ICO aggregator sites are very high, even experts in the field of cryptoindustry speak about this project. I think that the project clearly should not be passed by, and if you have some of the funds that you would like to invest — do it :)

Links to the project:
Website : https://www.humancoin.net/
Whitepaper : http://docs.humancoin.net/HumanCoin_whitepaper_en.pdf
Ann Thread : https://bitcointalk.org/index.php?topic=4469466
Facebook : https://www.facebook.com/Human-Coin-1049107488575656
Twitter : https://twitter.com/humancoinnet
Telegram : https://t.me/HumancoinChat

My Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1253145
My ETH: 0xeB5da4BF4dc64dC6900B6eD2C3c23DFaADE519cA

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