What is Vantage?
The Vantage Network is a Contribution Tracking Platform that enables donors to see exactly how the money they contribute to a fundraising campaign is spent, down to the transaction level. This level of visibility engenders donor confidence, building trust in nonprofits and ultimately yielding more money raised to help people in need.
The Vantage Network will leverage a Public/Private NEM blockchain solution: the Public Blockchain for transacting XVT Tokens and the Private Blockchain for recording and tracking the use of funds (NEM Technology, n.d.). The Vantage Network will interface with the Digital Asset Management Platform via the Vantage Network API to leverage certain third party decentralized technologies, e.g., IPFS for storage of files, images, documents.
The Vantage Network leverages blockchain technology to provide transparency and traceability, enabling donors to see exactly how their donations are spent by nonpro ts and other fundraising entities. This level of visibility strengthens donor confidence, resulting in increased trust and revenue for fundraising entities. The Vantage Network is also a practical solution that is easy for organizations to implement and donors to use. It allows donors to reap the bene ts of blockchain without needing to manage cryptocurrency, and it allows nonpro ts to reap the bene ts of using blockchain to provide transparency without having to radically change their business model.
Project Team:
Token Details:
Vantage Tokens (XVT) are a key component of the Vantage Network. A small percentage of every donation made via the Vantage Network is converted into XVT, which is utilized inside the platform to track how fundraising organizations spend the donations they receive.
Token XVT
Price 1 ETH = 2,000 XVT
Bonus Available
Accepting BTC, ETH
Hard cap 35,000 ETH
Country Cayman Islands
Whitelist/KYC KYC & Whitelist
Restricted areas USA
Verdict:
Vantage Network is developing innovative technologies to tackle an issue that many donors have in mind when giving: 'where is my money truly going?' Charity Navigator is excited to collaborate with Vantage Network to highlight effective organizations doing amazing work for the world in transformative ways. The Vantage Network consists of a web portal that allows nonprofits to easily manage their fundraising campaigns and create donation points, a mobile payment application used by nonprofits to spend contributions, a blockchain platform that leverages XVT to track contributions and spending, a digital asset management platform that is used to operate the system and software APIs that integrate the various nodes to enable the tracking of fiat currency and generation of campaign analytics.
Important links:-
Website: https://vantage.network
Whitepaper: https://vantage.network/wp-content/uploads/2018/05/VantageWhitepaper_05242018.pdf
Telegram Group: https://t.me/vantageofficialcommunity
Twitter: https://twitter.com/vantagetoken
Facebook: https://www.facebook.com/vantagetoken/
Bounty: https://alpha.bounty0x.io/hosts/vantage
ETH: 0xCc538c6335203Cd2e771F27d12F4c90695366407
BTT: https://bitcointalk.org/index.php?action=profile;u=1495664
