Giftcoin ICO: crowdsdale platform for collecting donations

The creators of Giftcoin before the launch of their product development estimated the capacity of the global charity market at $ 500 million. And not only famous personalities and world corporations donate their money. The average size of the charitable contribution to the US was $ 2520, but the rich left at least 25-30 thousand dollars.

This means that even middle-income people are ready to donate their money for free to make the world better. But many who want to donate money, it seems that their money will not reach the final addressee, but will be spent for other purposes. Because of this, those who really need help do not get it, which prevents the world from developing.

The commission that the donors are forced to pay is another challenge for the charitable community. When transferring from credit cards, fees are charged 1.5-2%, and when using electronic money systems, costs are even more - up to 5%. Some potential donors refuse to participate in charity because of the large overhead that they do not have to bear.

Developers Giftcoin provide a concrete example, proving that the platform is suitable for use for the intended purpose. The donors can help the little girl Saloni, who demonstrates her brilliant success in her studies. Her parents can not pay for the services of school teachers, which is why Saloni is not studying further. Philanthropists transfer funds through Giftcoin to the address of a smart contract, which at equal intervals pays for training Saloni. After each transaction from the "smart" contract, philanthropists receive an SMS with a statement of expenses, and Saloni continues to study at school.

The Giftcoin project's cash deposits will be distributed as follows:
10% - for sale on ICO 1;
35% - for sale on ICO 2;
25% - funds allocated to the Giftcoin fund;
15% - remuneration to developers;
15% - bonuses to initiative participants of the project, costs for research, marketing, development.

Early members of the Crowdsdale will receive discounts:

on the first day - 35%;
in the first week - 25%;
in the second week - 15%.

Investments involved in the first round of the crowdsdale are planned for the following purposes:
47% - product development;
5% - overhead;
29% - marketing, PR, sales;
12% - legal expenses;
7% - administrative expenses.

Developers Giftcoin accept investment only in the crypto currency Ethereum. The minimum amount for participation in the crowdsdale is 0.3 ETH.

Road map Giftcoin

March 2018 - the start of ICO Giftcoin. Crowdsdale will start at 9:30 EST at the same time for everyone.
July 2018 - the release of MVP. MVP will implement the basic functionality of the future platform. By this time, the development of the blockbuster and the Giftcoin crypto-currency system will be completed, and also the first charitable projects will appear.
September 2018 - release of the beta version of the platform. In the Giftcoin trial release, all the functions identified in the WhitePaper will be present. Simultaneously with the appearance of the beta version, the second round of the crowdsdale starts.
October 2018 - the appearance of the final version of Giftcoin. Starting from this time, the developers of Giftcoin will provide full support of the product. Donors will be able to support projects and people without restrictions, and recipients of funds will contact all philanthropists registered with Giftcoin.

The Giftcoin Team

The Giftcoin team consists of diverse specialists who are able to work as a unit and achieve their goals.

Alex Howard is co-founder of Giftcoin. The first business experience of Howard dates back to 2004, when he created The Optimum Health Clinic. Today, it is one of the world's largest medical companies with offices in more than 40 countries. Howard is an active participant in charitable initiatives: thus, he is the creator of the platform "Conscious Life", which incorporates the courses of world-famous teachers in different subjects (Ken Wilber, Byron Cathy and Marianne Williamson).

Tim Bichara is co-founder of Giftcoin. For 20 years, Tim Bichara is a participant in various technological projects. Especially successful was the experience of his presence on the London Accelerator start-ups: within 2 years he created and untwisted 3 projects. In 2016, the Q App application developed by Bichara was purchased by Yoyo.

Jonathan Beddous is co-founder of Giftcoin. Career of the entrepreneur Beddous began in 17 years with the creation of a web hosting company. The following experience proved to be even more successful: the music application created by Beddous, was downloaded more than 30 million times. In 2014, Jonathan became a member of Safer Technologies, and three years later he attracted the attention of such a giant of the software market for security as Awast Software.

Christopher Cain - co-founder of Giftcoin, Educated in System Analysts, since 2004, has been engaged in the development of peer-to-peer decentralized systems. As a specialist with unique experience he was repeatedly involved as a consultant in the development of crypto-currency projects.

Summary

The possibilities of blocking spread to an increasing number of spheres. Giftcoin is a vivid example of how crypto-currency technologies can be used in charity.

There are no projects like Giftcoin on the market - the creators managed to find a unique niche and become the first in it. This fact alone proves the prospect of investing in Giftcoin.