Philcoin - the world's first socially powered philanthropy app - is a blockchain-based ecosystem using a Give-to-Earn mechanism to encourage peer-to-peer philanthropy globally. The project has raised over 1.7 million in donations across various charities spanning from the USA to Latin America, India, and South Africa. These funds go toward humanitarian causes, such as women and child abuse, food drives, medical support, children's homes, rehoming families affected by tragedies, and more.
Spearheading Philcoin's efforts is the project's proprietary app, PHILApp, which has a reach of over 250 million people worldwide. Its users earn rewards every time they use the app but can only access them by sharing tokens for philanthropic causes.
Philcoin’s unique concept is rapidly gaining traction in the emerging Web3 economy and beyond. The project has ambitious plans for the future, which we discuss in this review. Read on to discover how this initiative aims to change the world.
How Philcoin is Changing the Way Giving Happens
The internet has been around for nearly 40 years, long enough for most daily users to take it for granted. However, many developing countries still lack the solid infrastructure to use this technology on a large scale. As a result, numerous individuals are deprived of life-improving opportunities, and entire communities don't have access to digital services, monetization options, or accurate information.
Philcoin aims to solve these issues with one all-encompassing product. Notably, its mesh network technology should provide equitable access to the internet for remote communities worldwide. The network seeks to democratize access to Web3 and ensure the users’ data is protected through quantum-proof encryption.
The project’s growing ecosystem includes educational resources, social networks, communications tools, e-commerce marketplaces, games, entertainment, and donation platforms. Moreover, it facilitates equal access to the emerging digital economy, thus enabling many to earn more and overcome their low-income backgrounds.
In fact, its integrated give-to-earn feature enables Philcoin users to gain by sharing first with others. In the long run, this process should help reduce global inequality and enhance access to present-day technologies for isolated communities.
PHILApp Features and Utilities
PHILApp is leading Philcoin's efforts to build a global community with access to its ecosystem of services and products. It is a mobile application connecting users with educational resources, social networks, communications tools, e-commerce marketplaces, and more.
Users can engage in peer-to-peer (P2P) interactions on PHILApp via the project’s native token, Philcoin (PHL). Above all, they can stay connected even when the internet connection is poor simply by being active on the app.
Here are the standout features and utilities of PHILApp:
PHILSocial
This feature connects users worldwide, providing easy ways to communicate and raise funds for charitable causes. People can use PHILSocial to post content, create, and build projects with life-changing effects for others worldwide. In return, they can access various rewards.
PHILEducation
PHILEducation is an extensive library of US-accredited courses and learning materials. Users can rely on it to improve communication and emotional intelligence skills. Alternatively, they can connect and learn how to monetize their skills from business owners and entrepreneurs. In return for sharing their knowledge, the latter earn PHL tokens.
PHILCast
The Philcoin team will regularly interview experts and industry professionals before posting them in the PHILCast section. Here, users can discover news, tips, and other relevant information.
PHILChat
PHILChat is the app’s chat messenger feature connecting users through audio and video calls. Alternatively, they can use it to chat, download files, create group chats, and more.
PHILGaming
Philcoin plans to host various games on its PHILGaming platform with earning opportunities for the players. Notably, users can earn tokens for their gaming experiences and interact with others within the rapidly developing community, PHILNation.
Staking
The platform enables users to earn and donate through its proprietary staking mechanism. More precisely, a token holder can earn up to 15% on its stakings, keep half, and donate the rest. This way, users can help each other and contribute to charity.
PHILStream
This feature lets users stream their favorite podcasts, radio shows, and more.
Lastly, Philcoin encourages users to engage in peer-to-peer philanthropy by supporting each other's causes toward a better life for all. Growing the community is the team's primary goal. The more people use PHILApp, the more they will benefit from access to technology and earning opportunities. As a result, users who refer others to the app will be rewarded in NFTs as soon as their referrals check out.
The PHL Token
PHL is the native token of Philcoin, linking all the platform’s features and utilities. Users can earn more PHIL tokens by participating in activities, providing services, and helping maintain the network.
The PHL token's role is to educate users about the give-to-earn concept. It allows them to engage in various transactions while helping charitable causes and sharing their rewards with others. PHL is already available on PancakeSwap, XT.COM, BitForex, MEXC, and BitMart.
Why Philcoin is Worth Joining
Philcoin is one of the most interesting initiatives to launch on the blockchain in recent years. Its philanthropic purpose sets it apart from other, mainly profit-oriented projects. Moreover, it provides an expanding ecosystem of products and services that ease access to modern-day technologies and earning opportunities for underprivileged communities.
The Philcoin team consists of several professionals with solid technology and marketing experience under Jerry Lopez's leadership - an industry veteran with over 17 years of marketing expertise and 6 years of presence in the blockchain sector.
Ultimately, Philcoin seeks to provide a way to give back to people seeking to harness their best selves.
You can learn more about Philcoin at these links: Website | Twitter | Telegram | LinkedIn | Instagram