Blockchain: Philanthor (PreICO) The Blockchain Philanthropy Layer

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if you are interested in joining the PHILANTHOR project, it's good to read reviews that can help you get information that might help you in seeing their vision and mission, because it's important to understand accuracy in reviews so you don't hesitate in investing.

therefore I invite you to see the PHILANTHOR project and let's look at the PHILANTHOR review below.

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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.

Why do we need Philanthropy?

Philanthropy foundations support projects and endeavors that may be too niche, unpopular or controversial to gain the widespread support of the general public or the government. For example the large pharmaceutical companies spend billions of dollars in R & D mostly for medicine that have vast commercial value but ignore niche illness that is less widespread or that particularly affects the poorest. As a result, thousands of medical research teams around the world the struggle to fund their important work that infectious combats diseases. The same happens in other areas, including: renewable energy, education, gender equality, rights of minority groups and more. The progress of the human race, the saving of earth and our natural resources depend to a certain degree, on private foundations that are not seeking financial gains, but greater good.

Philanthropy over Blockchain

Traditional Philanthropy is great but it possesses fundamental problems. Philanthor with the use of Blockchain delivers a big promise to the future shape of philanthropic foundations:

The usage of crypto-currency eliminates (or reduces dramatically) crippling transaction costs, removing banks, agencies, and other middle man from the equations - we want the maximum funds to reach our supported causes.
Decentralized automation of decision making (DAO) - with Philanthropic decisions are managed by the collective Thousands of intelligence of potentially members, and governed by smart contracts.
Complete transparency that builds trust and reduce waste of funds and effort. A big issue with traditional charities, but with blockchain all the transactions are visible and can not be tampered with.
Access to massive crowd funding and global participation - thanks to ICO mechanisms we are able to reach anyone, anywhere and make a massive long-term impact.
Measuring impact - since the activity over blockchain is documented, measuring the impact of the foundation is achievable, which is a big problem in traditional philanthropy.

The PTH Token Sale

The donations would be collected through a token sale event, in which the general public would be invited to donate. We have created our own ERC20 utility token the PTH which will be issued to the donors in return for their contribution, at an exchange rate against the Ethereum crypto currency. The token sale is divided into several terms:

Pre sale, June-September 2018 - for early adopters who would receive a bonus of 50% of Tokens. During this period we’ll be raising up-to $2 million.
Public Crowd sale - opens in October 2018 in which we’ll be raising ~$20m.

Token Allocation Total Token Supply: 2,000,000,000

Tokens for sale: 700,000,000

Protocol: ERC20 Symbol: PTH

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

Whitelist/KYC

KYC

1. Team - locked employees tokens; 30% allotment released 4 month after the Token sale event. And the rest are released pro-rated monthly over 2.5 years.

2. Unsold tokens - will be transferred to the charity fund

Impact Investments

We can save lives by delivering the latest in science and technology to those with the greatest needs. Private Foundations can invest in nearly any type of assets, and foundation managers can follow any investment strategy as they follow the prudent investor rules. Our impact investment would focus on venture philanthropy in start-ups whose core business is in social good and related technologies, such as medical-tech, clean-tech, green-tech, food technology, education and more...

The returns from the investments go back to Philanthor’s Foundation as a revenue channel for the continuity of its work.