Giftcoin Buy crypto money for good intentions and goals, but everyone knows there’s a mistake Bitcoin is the first money created. We can separate gifts from others because this is our only purpose and good intentions. I hope they will succeed and achieve their goals. This project can create social awareness if working in the long term. Because we can already hand over the money. With Giftcoin, we will be able to know and make sure all the ease goes well.
In the process that they do, there is a very nice movement in the frame logically. When we donate, we can remain anonymous and the people we donate do not know who we are. If we make donations in different forms, such as the way of cash, we go to whom? Does it reach its goal? Unanswered questions like this are now completely impossible and we can give in a comfortable way.
With Giftcoin you can donate donations regularly up to a certain amount per month. You can donate for different purposes every month, for example children with leukemia, homeless children, people in need of help, illness, or so on. You are on Giftcoin will tell you where you are being used. Many trustworthy foundations can meet with Giftcoin for a donation, which is very useful for people who need it.
How Giftcoin work ?
The long-term vision of Giftcoin is end-to-end giving. That means, that using a distributed ledger and blockchains you will be able to track the path of the funds you donate to a charity or good cause right up to the point they are spent.
By using a cryptographically secure and tamperproof system which has full public accountability you have utter confidence in the system you are using. Furthermore, by utilising a smart contract in the token, it is possible to release funds in stages only when projects reach key milestones. This means that if a project falters or fails, the funds not yet released can be returned to you as the donor to be donated to a new project.
End to end giving
End to end giving is a revolution in the charitable giving process that means you can track the path of your donation right up until the point it is spent. Here is how a distributed ledger and the blockchain makes it possible :
Strength of smart contract
End-to-end delivery is our long-term vision, and we recognize this will only be entirely possible when those at the end of the value chain (such as field workers, or suppliers providing resources) can be paid on Giftcoin. While this is technically possible now, it requires the adoption of a larger cryptocurrency that is still a few years away.
Therefore, as a stepping stone to the potential of end-to-end provisioning, we will begin by offering systems where projects are broken down into milestones and funds are only released when the project reaches this milestone. This means that we can provide early versions, work from systems that deliver some core values and leverage the power of smart contracts as stepping stones for our ultimate vision.
By integrating with existing end-user systems in recipient countries, we believe we can support the mass adoption we are looking to create., examples include:
- Grameen lending and other finance solutions for the unbanked
- Open-source financial software (e.g. Apache Fineract)
- End user software, such as apps for featurephones and low-end Android
- Other financial software and markets, to allow for more sophisticated contracts
- Charities back-end systems, to allow greater internal transparency
- Supplier-chain payment systems enabling “pay with Giftcoin” options
Technical specifications of Giftcoin
The Giftcoin ledger will be publicly readable to encourage transparency and to provide a valuable resource for researchers, foundations, NGOs, governments and individuals to see precisely how the money is being used. We also believe that a large body of data showing the flow of funds will enable better policy-making and better use of charitable spend.
The system will need to handle large transaction volumes
Given the size of our Total Addressable Market, once established, Giftcoin is likely to attract a large number of transactions. Any solution must therefore be highly scalable in this regard.
The key features of Giftcoin are therefore :
- No public mining or PoW
- High transaction volume
- Heterogeneous ledger network – not all nodes are equal
- Adapted for networks that have very low bandwidth at the edge
Token Sale Details
- Soft cap : 25.000.000 Tokens (est. $2.5m)
- Hard cap : 100.000.000 Tokens (est. $10.0m)
- Total supply : 1.000.000.000 Tokens (est. $100.0m)
- Accepted currency : Ethereum, Bitcoin
- Minimum purchase : 0.251 ETH
- Sale price : 1 ETH = 6000 GIFT
- Sale start : 9:30 EDT March 20th 2018
Bonus and discount scheme
- Pre-sale : 50%
- First 24 hours : 25%
- First week : 15%
- Second week : 5%
Bonus Coin
Advanced whitelisting for the public sale 10%
Use of proceeds
Proceeds from Token Offering 1 will be primarily invested in development of the tech platform. Additional funds will also be used to establish the foundations of the core business, which will include investing in relationships with charitable partners for testing of the platform.
The anticipated breakdown is as follows :
- 47% tech development
- 5% overheads
- 29% PR, marketing and sales
- 12% legal and accounting
- 7% admin
Fund Allocations
- Token Offering 1: 10%
- Token Offering 2: 35%
- Giftcoin Foundation reserves: 25%
- Founders and team: 15%
- Undefined: 15%
Roadmap
We are preparing for a big day when you will be able to participate in our cause. Giftcoin will start selling on 20th March to sophisticated and high networth investors.
Founder Team
For more details, and you can follow this charity project :
- WEBSITE : https://www.giftcoin.org/
- WHITEPAPER : https://www.giftcoin.org/GiftCoin_Whitepaper.pdf
- FACEBOOK : https://facebook.com/GiftcoinCrypto
- TWITTER : https://twitter.com/GiftcoinCrypto
- INSTAGRAM : https://www.instagram.com/giftcoincrypto/
- LINKEDIN : https://ph.linkedin.com/company/giftcoin
- TELEGRAM : https://t.me/GiftcoinCrypto
- REDDIT : https://www.reddit.com/subreddits/seacrh?q=Giftcoin
- ANN THREAD : https://bitcointalk.org/index.php?topic=2828871.0
Author by Dico88
Tag: Bitcoin, Blockchain, Ethereum, Giftcoin, ICO
bitcoinaroundtheworld.wordpress.com 
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