Philanthor
About Philanthor
Philanthor is for like-minded people with shared beliefs,
ideas and moral attitudes, who would like to improve life on earth.
Together we’ll combine the things we care about as a collective
intelligence, and focus it directly towards doing good for earth,
humanity and future generations.
Our collective intelligence, acting as a powerful unified collective
mind, will strive to improve life on earth nonstop, continuously
enabling long-term solutions, while instantly reacting to crises and
emergencies.
With blockchain at its core, Philanthor works towards fixing
real-life problems. Our funds, aid, and resources flow gracefully
between causes reflecting the wish of our member’s collective mind,
without geographical boundaries, social or cultural biases.
Philantropic missions always come from the goodness of one’s heart,
and we can only be thankful that such non-profit organizations exist to
help individuals and communities achieve their goals and lead better
lives. But sadly for these organizations, there is no easy and effective
means for them to monitor their donations, much more the impact their
donations have. Traditional philanthropy doesn’t work that way. It is
far less capable of building trust because transactions are not made
visible. To get reports, one needs to go through paperwork which can be
easily altered and can take a long time to product. In many instances,
donors do not get the real picture their donations.
This is one reason why Philanthor founders thought of putting a
philanthropic foundation on a blockchain. The technology behind
blockchain will ensure utmost transparency, thus allowing
philanthropists to monitor the status of their donations, from beginning
to end. It will all be very transparent. Donors will be able to track
down their money, see where it is going, or if it’s landing into the
right hands at at all. Results can be seen in real time without the need
for intermediaries. The blockchain technology behind Philanthor will
effectively take care of trust issues and measure the impact of the
donations, things that have so plagued traditional philanthropic
foundations.
And it’s not just that, the platform will encourage the use of
cryptocurrencies, as well, thereby reducing transactions costs that are
largely influenced by the presence of intermediaries. Without these
intermediaries, transaction costs will be significantly reduced. The
platform also seeks to make philanthropy available worldwide, which is
not a far-fetched dream, given the nature of the technology.
Token Sale
Philanthor is raising donations via a token sale. Donors need only to
create a profile on the Philanthor platform and indicate their chosen
cause, be it scholarship, grant, charity, or the like. In exchange for
their donations, donors willl be issued PTH tokens (these are tokens
that run in the Philanthor ecosystem). The token sale will be conducted
in two phases, the first one, the Pre-sale Event, will run between June
and September 2018, while the second phase, the Public Crowd Sale, will
begin in October 2018.
Donors as Token Holders
One big edge Philanthor has over traditional philanthropic platforms
is that its donors become token holders at the same time. As such,
donors will be able to voice out their opinion, engage the community,
and have a say in the causes to be supported by Philanthor. Yes, we do
know that giving from the goodness of your heart is in itself already a
rewarding experience, but Philanthor is giving you that and a lot more
by letting your voice be heard and counted as well.
Token
holders can also choose to donate their tokens back to the program of
their choice, and the organization, in turn, can sell the tokens to
generate fresh funds again.
Later, token holders will also benefit by participating in the
platform’s marketplace. Philanthor will invite, and consequently reward
CSR (Corporate Social Responsibility) donors to donate their goods and
services and then allow these goods and services to be exchanged with
PTH tokens.
So how does Philanthor select the beneficiaries? First of all,
beneficiaries will have to go through a KYC verification and video
interview. The data will be processed and analyzed using smart
contracts, and a shortlist will then be generated. The final selection
will be done by human beings, this time, the committee members
themselves.
Token Details:
Token: PTH
PreICO Price: 1 ETH = 15,000 PTH
Price: 1 ETH = 10,000 PTH
Platform: Ethereum
Accepting: ETH
Hard cap: 20,000,000 USD
Country: USA
Milestones
1
Q1 2017
Conceptualisation
Team is awarded the: French Tech Ticket award for its technology development (Bynariu project)
Team is awarded a grant by BPI Q2-Q4 France
2
Q2 2017
R&D Started
Development of KYC platform
Development of Document verification system
Implementation of a AI & machine learning platform for user verification.
3
Q1 2018
Development of an AI based Video analytics platform.
4
Q2 2018
First version of white paper is released
Launch of Website
Launch of Token Pre-Sale
5
Q3 2018
Continue Token pre-sale
Development of Blockchain smart contract donations distribution platform
Release Member’s console MVP
6
Q4 2018
Launch of Token Crowd Sale
Begin distributing donations and investments in social impact causes
Engage Corporate CSR donnors
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