PHILANTOR

Philanthropy is just one word that gives hope to many people. The word philanthropy exists because it is present and in a world that needs love and attention, people hope to feel what philanthropy really is. Philanthropy appears in various forms, one can witness philanthropic actions through volunteers and some charitable activities. It is unfair to say that there is no philanthropic effort because there is and is actually a large contribution but in this vast world, there are many things that require awareness and effort.

Philanthor sees the need for philanthropy, not only because it is social responsibility, but because there is more to be done to improve life on earth. With philanthropic efforts in mind, Philanthor with the help of Blockchain technology aims to help these efforts. The use of Blockchain is a good step because Blockchain is decentralized, significantly reducing transaction costs, reducing the need for intermediaries, providing safe but transparent transactions, documented activities, and providing access and connections to many people wherever they are. is. Note, that activities are documented, guaranteed, and transparent, these factors are very helpful in measuring the social impact of philanthropic efforts. Why? Because each activity is safely documented, this removes doubts and adds to the belief that donated or raised funds will definitely be used in the right way. Also, it is transparent, so that members will have the right to access how their donations are used and if they are used as they should, at the same time members can see in real-time how, when, where, who, and for what funds are charged so that someone can formulate based on the ongoing activities and results so far, the social impact.


Because Philanthor will be based on Blockchain Technology, Philanthor has created their own tokens with the PTH symbol. Unlike other currencies which usually move only one direction in philanthropy, the use of PTH will provide benefits and more uses but all, of course, are directed at efforts for philanthropy. As sign holders, they become part of the community that will enable them to be part of the conversation and important decisions for the purpose of Philanthor. At the same time, as a member of the community, in addition to influencing the types of causes that support, members with PTH tokens can create awareness of the causes they think need attention and donations. PTH tokens will also be subject to re-donation, one can provide tokens to non-profit organizations which can then be sold to raise additional funds.

Problems Resolved by Philanthor
Ultimately, the present system’s problems can be divided into three phases: conceptualization, implementation, and evaluation. In conceptualization, there is the ever persisting dilemma of finding the most important or urgent social cause to contribute to. There are thousands and thousands of charitable institutions, environmental programs, animal savers, and human rights advocates all over the world to a point that philanthropists may sometimes end up selecting an organization based on popularity or referral. But this should not be the case. Choosing an organization should be a conscious and well-thought decision. Thankfully, with Philanthor, the organizations have been preselected based on merits. Unlike other foundation platforms, Philanthor has the right mix of organizations, depending on the prevailing needs of the times. It’s not just about giving scholarships for a whole year or planting trees in one region. Philanthor is balanced.

More so, it has a unique feature called the collective intelligence that allows other community members’ valuable insights to be seamlessly integrated in order to have a common community goal. The system’s decision making automation makes it more convenient for philanthropists to save time and have focus.

The second problem lies in project implementation. Some good ideas are not put to life because of the lack of funding or volunteers. Then again Philanthor has a solution -- its crowdfunding capability. The donations come in the form of tokens called PTH. Tokenizing the foundation industry makes it easier for a Southeast Asian kind-hearted housewife to donate to UN Women, which is a global organization. In the traditional set-up, sending donations abroad may still incur charges which are non-value adding either to the donor or the recipient.

Philanthor is based on a blockchain network and thus transparency is guaranteed. In the present set-up, there have been many cases already when foreign aid or any other form of help does not reach the intended recipients. The donors are left unadvised of the proceeds of their hard-earned money. With smart contracts, registered philanthropists in Philanthor are duly informed of how their money is spent. There is little to zero room for stealing with the distributed ledger technology or blockchain.

Members of the Philanthor community will be given the right to create their philanthropic profile where members can indicate the type of cause they want to create awareness or support. To give you a bigger picture about the use of funds, Philanthore aims to distribute funds allocated to causes in the 40% percentage for Research Grants, 25% on Impact Investments, 15% Charity and Difficulties, and 20% Scholarships.

Details of sales of Philanthor tokens are as follows:
Token: PTH
Price: 1 ETH = 10,000 PTH
Pre-ICO Price: 1 ETH = 15,000 PTH
Platform: Ethereum
Hard cap: $ 20 million
Pre-Sales: June to September 2018
Public Crowd Sale: Opened in October 2018
Token Sale

Philanthor tokens or PTH can be used to donate or re-donate. Likewise, those invested in projects that yield returns can be re-earned or given back to the community. To join in this noble cause of redefining the way of giving back and reshaping the world for the better, here are the sale details you need to know:

Ticker: PTH
Pre-sale Price: 1 ETH= 15, 000PTH
ICO Price: 1 ETH=10,000 PTH
Hard Cap: 20,000,000 USD
Bonuses: 10 to 50% depending on the period of participation
For other details, such as dates of sale, get whitelisted and receive regular updates.


For more information and details on the project, find them by visiting their official website or reading their whitepaper. Be updated as to the current events happening during the ICO by visiting their social media pages.

Bitcointalk Thread: https://bitcointalk.org/index.php?topic=4580512

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





AUTHOR :
Bitcointalk username : Driean
Fropil link : https://bitcointalk.org/index.php?action=profile;u=545651
Wallet : 0x0872bf5Fb779e726D5438ed144B304322117b697