We have had several use of blockchain technology and it’s integration with daily life activities to make it efficient. Now looking into another aspect of blockchain application, we have integration of blockchain and cryptocurrency for donations, Charity. When we speak of charity, it is easier said than its implementation. Obviously, a lot of companies, individuals or rather entities give into charity with the aim to improve that sector but the main question is “do this funds go exactly where they are meant to go?”. It’s quite outrageous to know that these funds are not fully going to where intended but instead might be diverted. All this serves as a big problem in the world of charity making a lot of people stop donations to charity all as a result of lack of transparency and trust. Now imagine if there were to be a way through which transparency of these funds can be implemented which will definitely bring back trust in return. On this note, i will be discussing a platform which solves exactly this.
Giftcoin
Giftcoin solves these charity problem through its unique concept of leveraging blockchain’s security and also its immutability to create a world’s first cryptocurrency-based platform for charitable purposes. Giftcoin simply wants to give people a world full of assurance and trust of where your funds are going to with transparency at its peak. Giftcoin will give individuals the interest to donate, being that the funds are used for the right purposes.
How it works
Giftcoin platform has been developed to make transactions between donors and recipients without any other third parties in between. This will ensure that the transactions are private, and ensures it reaches the recipient in full amount. The smart contract will replace one of the main problems that exist in funding donations, connecting donors without paying for the services and operating costs of organizations that conduct campaigns manually. Giftcoin also allows donors to set goals and milestones for the project, allowing people to feel the community’s purpose for the event rather than the generosity of the individual.
See more here: https://www.giftcoin.org/GiftCoin_Whitepaper_v1_3.pdf
About token sale and distribution
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
otal supply: 1 000 000 000 tokens ($ 100.0 million)
Accepted currencies: Ethereum, Bitcoin
Minimum purchase: 0.25 ETH
Buy: 1 ETH = 10000 GIFT
Sale starting: 20 March 2018 09:30 EST
Distribution
To know more about this project, Visit:
Website: https://www.giftcoin.org
Whitepaper: https://www.giftcoin.org/GiftCoin_Whitepaper_v1_3.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2828871.0
Twitter: https://twitter.com/GiftcoinCrypto
Telegram: https://t.me/GiftcoinCrypto
Facebook: https://facebook.com/GiftcoinCrypto
Instagram: https://www.instagram.com/giftcoincrypto/
My Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1048662