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We live in an extremely interconnected world and it is probably because of this, philanthropy and the desire to help others via donations is on the rise. Charitable giving in 2016 jumped nearly 3% from 2015 to $390 billion and donations from individuals amounted to $282 billion, with the rest coming from estates, foundations and corporations. However, the underlying process of collecting aid and then distributing to various regions across the world has not changed. This is in spite of the fact that there have been numerous cases of corruption, lack of record management oversight and also counterfeit. With the advent of blockchain technology, all this is about to change – courtesy of the team behind Go Help Fund.
Go Help Fund provides a faster and smarter way to donate and raise funds, it is also the only platform to collectively bring the NGOs, individuals, supporters and donors. It connects various parties via blockchain technology-based platform and allows traditional independent parties to work together to streamline and integrate processes. All this, while managing sensitive data, employing 21st century payment methods and ensuring maximum oversight of the aid itself.
GoHelpFund is a distributed platform powered by the Amazon Web Services infrastructure and Ethereum’s network. HELP Token is a form of currency based on the ERC20 Token Standard which will be used in the given crowd sale, on top of Ethereum Smart Contract to eliminate counterparty risk and allow fast secure payments. In the near future, the team expects to migrate to our own blockchain to have more flexibility to implement features such as master nodes and more.
GoHelpFund Token Sale event will begin on February 24, 2018 and end on March 24, 2018. Coins supported for contribution: Bitcoin(BTC), Ethereum(ETH), BitcoinCash(BCH), Litecoin(LTC), Ripple(XRP), Monero(XMR), BinanceCoin(BNB), Dash(DASH). Go Help Fund accepts cryptocurrency donations by using the HELP token for all transactions on the network. The HELP token is a primacy currency based on the ERC20 Token Standard that will be used on the platform with an expected $ 1 billion market penetration in the following three years. 50 million HELP tokens were recently created based on Ethereum Smart Contract. The conversion rate will be 5,000 HELP = 1 ETH.
The largest part of the crowd sale funds will be used for the development of the platform. Since we have many development departments, it is natural that our objective will be to focus on increasing the end-user experience with new innovative features, while providing a clean and professional user interface. Between the Beta phase and Production release, the team will focus on mass-advertising of the platform and community events. Alpha version released to the public in April 2018 – the team will use this opportunity to collect feedback from the public and conduct various other testing. Members of the public will have to wait until December 2018 to get their hands on the production version which will be released worldwide, with ongoing integration and development based on regular feedback from the users. Truly unique way to utilise the technology for the greater good of the world!