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Giftcoin

Social Services & Non-profit

Overview

Giftcoin is a cryptocurrency for charitable giving and good causes.

Features

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.

Crowdsale

Token Sale
ICO start date 20 Mar 2018
ICO end date 19 Apr 2018
ICO token supply 20,000,000
Soft cap 2,500,000 USD (fiat)
Hard cap size 10,000,000 USD (fiat)
Raised 10,000,000 USD
Legal
Registration Country United Kingdom
Registration Year 2017
Token details
Ticker GIFT
Type Utility-token
Additional Token Emission Yes
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

Ratings

Type of ratings
Rating
Status
Hype score
Medium
Active
Risk score
Medium
Active

Team members

Name
Position
Score
Social
Charity Founder & Visionary
NA
Technologist and Blockchain Enthusiast
NA
Thought Leader & Crypto Enthusiast
NA
Enterpreneur & Investor
NA
Product & Charity Evangelist
NA

Advisors

Name
Position
Score
Social
Blockchain entrepreneur
NA
Fintech Compliance Advisor at Thistle
NA
Partner at Sheridans
NA
World renowned charity advisor (including ALS for Ice Bucket Challenge)
NA
Author and charity activist
NA
Author and charity activist
NA

Funding Rounds

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
Sep 2018 NA No NA NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info Medium
Basic Review
Giftcoin ICO Contacts
More on ICO

Ended

$10,000,000 Of $10,000,000 (100%)

Start ICO 20 Mar 2018
End ICO 19 Apr 2018
Token GIFT
Price 1 GIFT = 0.5 USD
Product Type Service
Registration Country United Kingdom
Whitepaper View
Giftcoin (GIFT) widget
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