INTRODUCTION
Sellers need to be convinced that the marketplace will get them a bigger market at profitable margins, much bigger than what they can do on their own online store and through other channels.
Customers want a better deal than any other marketplace for the seller's product. Most often, they are looking for a known brand with a discount. Sometimes, they are looking for a different product that they are not able to find in other marketplaces.
Now, we have a common problem in the ecosystem; the customers wants branded products for a discounted price while the seller most willing to sell online has a lesser known brand and/or is reluctant to give a big discount.
The Humancoin as a blockchain based platform is birthed to solve this problem that the ecosystem faces, get enough customers attracted to the store by advertising great deals, once you have enough sales at discount to achieve scale then a successful marketplace has been built.
Humancoin is a revolutionary platform bringing about the synergy of philanthropy industry, retail e-commerce and cryptocurrency markets, which together have a combined value of $3.5 trillion.
WHY THE BLOCKCHAIN TECHNOLOGY IS NEEDED
The Humancoin Project has opted to deploy this solution on blockchain because of some of the benefits that this technology offers. These benefits are centered on the following metrics:
a. SECURITY: Based on a secure blockchain platform that provides access to immutable and unalterable information and educational content.
b. TRANSPARENCY: Blockchain projects are transparent and cannot be manipulated by a single individual.
c. COLLECTIVE OWNERSHIP, which prevents the ecosystem from being hijacked by a single individual and also provides the jury system of evaluation as mentioned earlier. The ecosystem is in the hands of all participants and is self-regulatory.
d. CONFIDENTIALITY: Information quality is protected, as well as the identity of information providers.
Humancoin unites philanthropists and recipients of funds on a single P2P platform in the most convenient and transparent way possible.
The blockchain platform fuelled by the mined Humancoin token will breathe new life into the charity industry, proving an engine of growth while at the same time becoming a premier global loyalty program for an increasing number of partners in e-commerce.
In other words, Humancoin is the new e-commerce cryptocurrency fuelled by the Proof of Charity mining protocol.
HOW HUMANCOIN WORKS
Humancoin as a platform provides the opportunity to fully track donations online, as well as voting and ranking for projects and philanthropists along with other features. There is also the option to receive a receipt for each donation to use for tax deduction purposes depending on the donor's tax jurisdiction.
The future expansion of the Humancoin project will be financed by the 5% fee raised from the funds collected for charity projects, which is 4 times lower than the market average.
BENEFITS OF HUMANCOIN TO THE ECOSYSTEM
Briefly discussed below are some of the salient benefits of this new platform, Humancoin :
The Humancoin tokens can be easily convertible into any points, miles, bonuses, coupons. Token owners will be incentivized to hold them to take advantage of attractive benefits and this provides a long-term, stable demand for tokens.
Instead of competing with existing programs, the Humancoin token is effortlessly integrated into already existing systems, all it requires is setting a conversion rate.
The Proof of Charity mining concept allows the project to scale hundreds and thousands of times.
This is the first ever blockchain project that has the potential to become a global e-commerce loyalty program aggregator.
As the number of partners and the scope of cooperation within the Humancoin Network grows, so does the popularity of the token.
Association with philanthropy gives its tokens a unique advantage in developing loyalty programs with partners creating a strong emotional resonance.
TOKEN INFORMATION AND INITIAL COIN OFFERING
3,055,000,000 ERC20 Humancoins are available
Token Price is set at $0.01 per one
Pre-Sale Period: 1st July, 2018 – 15th August, 2018.
Token Sale Period: 15th September, 2018 – 1st November, 2018.
Softcap: $6 mln
Hardcap: $26 mln
Note that; all tokens that go unsold will be burned
TOKEN ALLOCATION
For sale: 3,055 mln
Partnership Development Fund: 1,000 mln
Team reward: 600 mln
50% blocked by smart contract for 6 months
50% blocked for 12 months
Advisors and ambassadors: 600 mln
Consultants and exchanges: 500 mln
Bounty, airdrop and referral program: 245 mln
Below is a well elucidated and predictable roadmap of Humancoin which is being followed one after the other;
CONCLUSION
There is clearly a need for a platform that can provide all the benefits of cryptocurrency in ecommerce under one roof, which Humancoin is here to definitely provide.
Rest assured, Humancoin aims to cater to the consumers and the sellers as well who needs an easy to navigate platform. At the same time, Humancoin will provide powered-up, cutting-edge features for buyers and sellers who require the full range of online transactions and fundamentals information at their fingertips.
For more information about the project and how to purchase the Humancoin Token, kindly get connected with these links:
WEBSITE: https://www.humancoin.net/
WHITEPAPER: http://docs.humancoin.net/HumanCoin_whitepaper_en.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=4469466
MEDIUM: https://medium.com/@humancoinnet
GITHUB: https://github.com/Humancoinnet/humancoinICO
REDDIT: https://www.reddit.com/user/humancoinnet
FACEBOOK: https://www.facebook.com/pg/Humancoinnet/
TWITTER: https://twitter.com/humancoinnet
LINKEDIN: https://www.linkedin.com/company/humancoin-foundation/
INSTAGRAM: https://www.instagram.com/humancoinnet/
YOUTUBE: https://www.youtube.com/channel/UCS1GlmbfnzwarRd46xi-7yQ/
WRITER'S DETAILS
BitcoinTalk Username: cryptoblezin
BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2178561;sa=summary
ETH Address: 0xC89b8Dd7e3E137DB108575EeAe301E52b6C72d9F