The creators of the Humancoin platform , which we talked about in the previous two articles , explicitly state that they are not going to compete with the blocking solutions that exist in the charity industry, as they do not go beyond charity and are able to provide exclusively the opportunity to engage in charity transparently through the use of blocking technology.
Priority Humancoin - effectiveness, motivation of donors to engage in charity and the combination in one solution of three promising markets simultaneously - charity, e-commerce and the market of crypto-currencies. That is why, the final part of the Humancoin project review, we decided to dedicate its uniqueness - the ability to effectively use Humancoin tokens not only for charitable purposes.
"Mining" of Humancoin tokens
Crowdsdale of Humancoin tokens is not their only issue, but the only difference between them is the purpose of release. The release of Humancoin after the crowdsdale will be carried out exclusively by limited tranches and will depend entirely on the actual amount of the charitable contributions. The goal of releasing tokens is to reward the donors, so charitable project participants will have additional incentives to engage in charity.
The thing is that each donor receives exactly 50% of his donations in tokens at the current exchange rate. Generally speaking, the user purchases tokens at a price of 2 per 1, but at the same time, in full, makes a donation for charitable purposes. As a result, the donor can choose to either sell tokens on the exchange, or use them to receive discounts within the framework of the partner loyalty program.
In practice, it will look like this. Let's say a user is going to donate $ 1000, and the market value of Humancoin tokens is $ 1. As a result, 1000 tokens are transferred to the purse of the recipient of the donation, and the user is returned 500 tokens as compensation, which he can use in any way convenient for him.
Affiliate loyalty program
It is the partnership program that will become the unique feature of Humancoin, which is the embodiment of the unification of the charity market, e-commerce and crypto-currencies. The bottom line is that Humancoin tokens can be used not only for sale on the exchange, but also for obtaining discounts from an entire network of platform partners.
These partners will be exclusively members of the e-commerce market, which includes large online stores, service players, the computer games and entertainment industry, as well as travel and airlines, crypto-exchanges and other international corporations that conduct business online. Thus, e-commerce players can directly or indirectly take part in charitable activities.
The fact that the company carries out charitable activities, it will be awarded a special status of charity and will receive a badge / sticker, which can be placed on your website or pages on social networks. For the e-commerce market participants, Humancoin is not only an opportunity to participate in charity, but also a massive attraction of clients from among the donors.
The latter, in turn, will be able to exchange Humancoin tokens for all sorts of discounts, bonuses, miles, coupons and points. The fact is that the platform allows you to integrate your API into the interfaces of the companies of the e-commerce industry through such popular marketplace management systems as, for example, Shopify or Magento, so they can easily accept Humancoin tokens to provide discounts and other benefits to tokenholders.
For example, the bonus tokens Humancoin can be used to receive a discount in the online clothing store or any player in the field of Internet services. Representatives of the gaming industry will be able to introduce the possibility of using tokens directly in games, so the donors will find them even using entertainment.
Moreover, these entertainments concern not only games - any representative of the entertainment industry, for example, a cinema, can take Humancoin as a way of buying tickets, thereby becoming a participant in the crypto-currency market and the charitable industry. Humancoin's partner airlines will be able to accept tokens for discounts on air tickets, travel companies for discounts on booking tickets and hotel rooms.
A separate category of participants in the loyalty program of Humancoin loyalty will be formed by crypto-exchange exchanges. The use of HC tokens will provide donors with the opportunity to receive discounts on exchange commissions, thereby ensuring effective cryptotrading. This solution is used not for the first time and demonstrated its effectiveness, so this move will help the platform creators to ensure the active growth of the market value of Humancoin tokens.
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