Hello everyone, If you are interested in joining a coin Catholic project, it is a good idea to read reviews that can help you get information that might help you in seeing their vision and mission:
The aim of the CatholicCoin project is to advance and change the way donations are made for charity and to make the importance of charity aware in our society in our modern times. It aims to utilize cryptocurrency to encourage charitable donations.
The aim is to encourage donors to give charities where they can be sure their donations will be used properly. CatholicCoin does this by utilizing Blockchain to achieve transparency in its donations. The Catholic Coin Platform intends to play a leading role as a preferred platform for charity. On the platform, donations can be made via the Ethereum Blockchain.
The platform must ensure traceability of the donations made to it, thus building trust in people who now know that their donations are used appropriately on a particular project the funds are intended to. The CatholicCoin platform will offer many services which include: (1) internal exchanges that will enable major cryptocurrency conversions to CatholicCoin (2) it will have a built-in wallet on the coin storage platform and facilitate donations (3) will have transparent donation tracking capabilities (4) donors will have tools on the platform to enable them to connect to fund raising campaigns in the most trusted way.
In particular, CatholicCoin is a non-profit charitable organization that aims to bring individuals, funds and humanitarian Catholics and well-meaning groups from around the world together with the sole purpose of doing charitable actions, thus placing a smile on the faces of those in need. This is done by instilling transparency, trust and traceability on the platform.
CatholicCoin is targeted to raise funds for charities in orphanages and nursing homes. CatholicCoin will also be a charity platform in the event of natural disasters or other sudden sudden conditions. This is an important gateway to receive donations that must be utilized and channeled appropriately for the right purpose.
Donors believe that their funds are used for the intended purpose. The use of Crypto currencies allows us to receive donations from various parts of the world as well as donations in various denominations of cryptocurrency or alt-coin (alternative coins). Blockchain technology will be displayed in real time on the platform. Unexpected events occur from time to time that suddenly make the victims need help. Our human nature requires us to give help or receive assistance in such circumstances.
CatholicCoin has joined forces to encourage charity donors. It has been observed that charitable donations are declining, for example in the US, 52% of charities are under-funded. This decline was a result of scandals that were noticed in certain charitable organizations. As a result, there is decreased trust and the reliability of certain charitable organizations. Actions such as scandals lead to a reduction in trust, which then results in reduced charity. Basically we can say that one of the main reasons why people do not give to charity is a lack of trust from the organization or whoever the group that handles charity.
CatholicCoin has come to bring transparency, accountability and traceability to charitable donations, therefore, encouraging donors and also ensuring that charitable actions are felt and has a good impact on people in need and donors. By utilizing Distributed Ledger Technology (DLT), Blockchain donors can monitor how their donations are used. in charitable donations, all activities are transparent to donors / public. It should be noted that the notes on the Blockchain cannot be deleted, so that all transactions and activities on the Blockchain platform are transparent, traceable, and verifiable.
The CatholicCoin Platform also eliminates intermediaries while making donations. Middle men, the most common are financial institutions and government agencies increasing costs to get donations to the point where they are needed. Costs incurred can be up to three percent (3%). This also increases the time needed to get things done. This activity causes waste of time and money. However, Blockchain technology practically eliminates the need for middle men. Transaction time is very fast. Funds donated using Blockchain are immediately given to charities at a faster and cheaper cost. Distributed Ledger Technology (DLT) provides an indisputable joint ledger and shows complete transparency.
To achieve transparency, the following steps are adopted by CatholicCoin:
- The platform must ensure that the money budgeted for the right budget is used and will only reach the specified destination.
- It will have the ability to track administration like a non-profit with a share of income and employment.
- The platform must actually use the actual funds, from the time most likely to be donated until it can happen well.
- Ability to verify the identity of beneficiaries and report on possible use of their funds.
- Ability to compare investment policies of charities with most of them lingering and making preparations in other places and also for wrong matches.
- The platform must ensure the reduction in transactions is only largely through efforts that are completely different from the government or the government. This is very relevant when discussing with organizations involved in developing, where the previous steps can immediately reach 20% or more.
CatholicCoin's vision is to create a platform where money is given to the right and the good, serves the intended purpose, thus, donors can have full trust that their funds get where they want them. CatholicCoin is a change in the act of giving charity. This platform is designed so that you can track your contribution from the point you make a donation to the point where the funds are used. Figure 1 below explains how funds can be monitored:
Figure 1 Donation of Blockchain CatholicCoin Donations
The platform must be energized by CatholicCoin tokens which will be based on the Ethereum platform. The token must match ERC 20. ERC is an abbreviation of Ethereum Request for Comments. This is the official protocol for submitting repairs to the Ethereum (ETH) network. '20' is a unique proposal ID number. ERC20 defines a set of rules that must be fulfilled so that tokens are accepted and are called 'ERC20 Tokens'.
Conversion from cryptocurrency to CatholicCoin will be on the katolik.org platform. Conversions must be based on the current exchange rate, while the wallet inside will allow registered users to manage and store Catholic tokens without the need for an external device. Donors can change key crypto currencies such as Bitcoin, Ether, Lite-coin, Dash and ERC20 tokens to CatholicCoin. Catholiccoin.org will add more crypto currencies and fiat currencies in the near future.
CATHOLICCOIN TOKEN
This is the ERC20 crypto currency token launched on the ethereum network which will be used by donors and charitable organizations to help orphans and helpless people.
TOKEN SALES
SYMBOL:
- CTC MAXIMUM SUPPLY: 250,000,000
- TYPE CatholicCoin: ERC20 1 ETH = 1515 CatholicCoin
- ACCEPT CURRENCY: ETH
- SOFT CAP: 1600 ETH
- HARD CAP (INCLUDING PRA-SALE): 160,000 ETH
- ADJUSTABLE DISTRIBUTION: $ 45,000,000; $ 80,000,000 (UNSOLD AND UNALLOCATED TOKENS WILL BURNT)
TOKEN DISTRIBUTION
- 78% of people (195,000,000 Catholiccoin) will be asked to buy sales and will be transferable at the end of the ICO;
- 22% of people (55,000,000 Cаthоliссоin) will be allocated to the terminal and some of them will be burned only; the amount of those who will be burned will be determined after the sale.
BONUS SETTINGS FOR EARLY PARTICIPATION
- 20% bonus for first week buyers
- 10% bonus for second week buyers
- 5% bonus for third week buyers
- 0% bonus for fourth week buyers
USE OF PROCESSES
The recommended results in ICO CatholicCoin will be as follows:
- 40% significant development: Crieberboard development, features, maintenance, and future improvements.
- 20% support dеvеlоре and саn use it to transfer it.
- 20% communication and marketing: Invest in public relations and marketing campaigns to raise awareness and interest in donors.
- 10% of all different people get rich.
- 10% successive fund: Provides liquid for primary and enjoyable purposes.
The steps of the Most Important Learning can only be done at: https://catholiccoins.org
ROADMAP
- Q4 2017: A clear concept and concept. Explorationtechnical feasibility and initial steps
- Q1 2018: Activate beta from Catholiccoins.org Pltfm is includeddefault wallet in it.
- Q2 2018: Launch main topics.
- Q3 2018: Enter CatholicCoin tokens and take carehigh value.
- Q4 2018: Communication campaign to be able to provide organizations andсhаritу organization (is an and home for the elderly).
- Q1 2019: Equipped with topics for morgigment at alloperating system .
- Q2 2019: Application Development to track exactly how, when and where your donation is used
CATHOLIC COIN TEAM
Here are the reviews that I present to all of you in searching for information and knowing the Catholic coin projects that are currently being run by their team, if there are deficiencies in explaining this article, don't worry, I have prepared a link for you to get accurate information and of course You will be able to speak directly to the founder or their team, at the important link below for the following References:
Website :https://catholiccoins.org/
Whitepaper :https://catholiccoins.org/Whitepaper.pdf
Facebook :https://www.facebook.com/catholiccoins
Twitter :https://twitter.com/catholic_coin
Telegram :https://t.me/catholiccoins
Bitcointalk :https://bitcointalk.org/index.php?topic=4529020.0
One pager :https://catholiccoins.org/Onepager.pdf
AUTHOR: Mex89
