Nowadays philanthropy organizations quite often have to support unpopular niche projects. Some of these projects are not supported even by the government. Most of them were launched not for financial gains, but for improvement of the current situation in specified sphere. The key idea of Philanthor is to bring together enthusiasts with common ideas and beliefs, who are eager to improve the living conditions of people.
https://www.philanthor.com/
The Philanthor team realizes, that acting together as a collective intelligence, people are able to do good for humanity, as a whole, and for the future generations, in particular. Implementation of blockchain technology will allow to act consistently and to respond quickly and effectively to new emergencies worldwide. One of the greatest tasks of the project is to use the collective mind of the philanthropic community to fix and figure out ways to overcome the existing problems beyond geographical borders, social or cultural differences.
Core operating principles of the platform
The Philanthor founders expect, that their project will change the traditional approach to philanthropy, providing the future philanthropic foundations with another shape.
1. The cryptocurrency transactions will eliminate participation of the third party, such as banks and agencies, dramatically reducing transaction fees.
2. The Philanthor is equipped with decentralised automation system of decision making. Due to the system, decisions are managed by collective intelligence of Philanthor community members, and conducted by smart contracts.
3. Total transparency of the system enables trust and reduces funds and effort losses. Transactions are transparent and can’t be changed.
4. Due to ICO mechanisms, the ideas of the project can be spread worldwide and reach people of all countries, making massive long-term contribution to the upcoming changes in philanthropy sphere.
5. Blockchain system will allow to fix and documentate the achievements and contributions to the current social or economic situation in target spheres.
Social impact of the project
Members of the Philanthor platform have an opportunity to control the way their donations are allocated. It allows users to understand, that they are able to contribute to solvation of urgent concerns, associated with human rights violation, ecological problems, destruction of the fauna and others. An ability to observe how much funds are moved and for which purposes, helps create an approach to measuring the actual social impact.
https://www.philanthor.com/
The PTH tokens will be issued on the platform to engage people from all over the world to join the philanthropic community. The following benefits for the PTH owners should be mentioned:
1. Token holders will become members of the Philanthor platform. They will be able to contribute their skills and knowledge, influencing the way this or that problem might be solved by the whole community.
2. User can contribute their tokens to their favorite non-profit projects at any moment. Projects will be able to sell tokens again, raising additional funds. This is a so-called process of re-donation.
3. It is planned by the founders of the Philanthor platform, that huge corporations will donate goods and services through the Corporate Social Responsibility program. For this purpose, the marketplace will be built on a token-based platform.
4. Community members will be allowed to create and introduce their own communities or workplaces in order to raise donations for problems they are concerned about.
5. In accordance with the local regulations, tax deductions will be held.
Token Sale Plan
To sum up, it will be useful to reveal, that unlike the majority of the platforms, that operate as making money machines, we consider this project to be a humanitarian one. Thus, for example, donating to the improvement of the life conditions of people from countries with emerging economies, members of the Philanthor platform are changing their approach to material things. In case the project is profitable, it is planned by the Philanthor team to invest in start-ups devoted to social good and related technologies, such as medical, education and healthy food technologies.
Links:
Website: https://www.philanthor.com/
WhitePaper: https://www.philanthor.com/assets/whitepaper.pdf
Telegram: https://t.me/joinchat/De8h0A2tROb6LWfKRnQPrw/
Facebook: https://www.facebook.com/philanthor/
Twitter: https://twitter.com/Philanthor1
Medium: https://medium.com/@Philanthor
ANN: https://bitcointalk.org/index.php?topic=4580512.0
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.