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Giftcoin (GIFT)

ICO

Giftcoin is cryptocurrency for charitable giving and good causes.

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Overview

Project industrySocial Services & Non-profit
Product typeService
FoundedUnited Kingdom, 2017
WhitepaperGiftcoin White Paper Open

What is Giftcoin

The project is based on the Giftcoin token (GIFT), created for making charitable contributions. Giftcoin’s aim is to create trust and transparency in charitable giving through end-to-end giving allowing donors to see how exactly their money is being spent.

Giftcoin platform is based on Ethereum blockchain, and GIFT tokens are issued based on the ERC20 standard, with most transactions processed outside the Ethereum network using a separate account. The Giftcoin platform will use smart contracts for creating milestones for projects, with funds released only when the milestones are achieved.

A large number of projects is available on the Giftcoin platform. After each purchase, the service rounds up the payment and converts extra to Giftcoin tokens, thus allowing users to accumulate them.

Giftcoin also allows users to track their donations, so that they could know how their funds are being spent.

In the future, Giftcoin is planning to expand to an ecosystem including such components as lending, financial software and payment systems.

Details

Public sales: Mar 20, 2018 - Apr 19, 2018
Token supply: 20000000
Soft cap: 2,500,000 USD
Hard cap: 10,000,000 USD
Raised: 10,000,000 USD

Legal

Registration country: United Kingdom
Registration year: 2017
Office address: 121 Great Portland Street, London

Token info

Ticker: GIFT
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 Token = 0.500000 USD
Accepted currencies: ETH
Bonus program:
50% in the pre-sale (+10% bonus coins)
35% first 24 hours (+5% bonus coins)
25% first week (+3% bonus coins)
15% second week
Token distribution:
10% - Token Offering 1
35% - Token Offering 2
25% - Giftcoin Foundation reserves
15% - Founders and team
15% - Undefined
Funds allocation:
47% - tech development
5% - overheads
29% - PR, marketing and sales
12% - legal and accounting
7% - admin

Giftcoin Roadmap

1
Dec 2017

1. First Token Event

2
June 2018

2. MVP Release

3
July 2018

3. Beta Version Release

4
September 2018

4. Final Product Rollout

Project team

Alex Howard
Alex Howard
Charity Founder & Visionary
Alex Howard linkedin
Tim Bichara
Tim Bichara
Product & Charity Evangelist
Tim Bichara linkedin
Jon Beddoes
Jon Beddoes
Enterpreneur & Investor
Jon Beddoes linkedin
Chris Cain
Chris Cain
Thought Leader & Crypto Enthusiast
Chris Cain linkedin
Ben Evans
Ben Evans
Technologist and Blockchain Enthusiast

Advisors

Jon Duschinsky
Jon Duschinsky
World renowned charity advisor (including ALS for Ice Bucket Challenge)
Jon Duschinsky linkedin
Elizabeth Constance Mackintosh
Elizabeth Constance Mackintosh
Author and charity activist
Shirley Conran
Shirley Conran
Author and charity activist
Shirley Conran twitter
Marc Avedissian
Marc Avedissian
Blockchain entrepreneur
Marc Avedissian linkedin
Eitan Jankelewitz
Eitan Jankelewitz
Partner at Sheridans
Eitan Jankelewitz linkedin
Calum McWhir
Calum McWhir
Fintech Compliance Advisor at Thistle
Calum McWhir linkedin

Social media

Giftcoin web-siteGiftcoin TelegramGiftcoin InstagramGiftcoin TwitterGiftcoin Facebook

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