PHILANTHOR

UPIK05

INTRODUCTION

Philanthor as a Collective Mind 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 non-stop,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 endeavours 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 illnesses that are less widespread or that particularly affect the poorest. As a result,thousands of medical research teams around the world struggle to fund their important work that combats infectious 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.

Legacy Private Foundations

For those seeking philanthropic flexibility and impact,the traditional vehicle of choice is a “Private Foundation”. With its unparalleled financial control,powerful tax advantages and the ability to perpetuate one’s family legacy, philanthropic families consider it the gold standard of charitable giving vehicles and is traditionally available only to high-net-worth families.We are going to disrupt that, reshape the future of philanthropy and make anyone a true philanthropist.

Philanthropy over Blockchain

Traditional Philanthropy is great but it possess 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.
Decentralised automation of decision making (DAO) – with Philanthor decisions are managed by the collective intelligence of potentially thousands of members, and governed by smart-contracts.
Complete transparency that builds trust and reduces waste of funds and effort. A big issue with traditional charities, but with blockchain all the transactions are visible and cannot 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.

Technology Philanthor

We have spent over 18 month developing an AI and Blockchain platform, carefully designed for the specific task of ensuring that donations go quickly and transparently to their recepient in need

Blockchain

Enables transparency, reliabilty, and ensures that our causes receive full donations with less banks & other man-in-the-middle

Video Analytics

With our AI based Video interview analytics technology we are able to analyze more grants and scholarship applications faster than any human can

KYC

Our in-house developed, Know-Your-Client tools we make sure to work with real people, reduce risks and fraud

AI & Machine Learning

Our learning platform becomes more autonomic and intelligent with time, capable of sorting out better donation candidates and cost reductions

Image Recognition

We read & recognize document automatically, verify and categorize them, meant to reduced processing time and making sure aid money goes where and when its needed

Fraud detection

Beyond our KYC, we have developed a metholdogy of tightenting secrutiy, fraud and cyber threats

Philanthor’s Platform & Eco-System

Philanthor platform creates a token-based eco-system of private donors and CSR who contribute to causes with shared goals, whether in fiat, crypto currency or good & services. The PTH token becomes a currency representation of collective ideas, that materialised over blockchain and smart contracts.

For illustration:

Professor Roberto Dillon is leading of a university research team who works on Virtual Reality (VR) aid to Alzheimer patients. He needs 12 VR sets for human trials, so he creates a grant request on the platform by contributing 1,000 PTH tokens towards the project.Philanthor’s Grant fund has members who have indicated interested in Alzheimer resrach, so Philanthor contributes an additional 10,000 PTH. The project is then listed on the market place, and companies producing VR headsets can join and accept the PTH tokens as payment, expensed from their CSR budget. Not only they get to donate, they all get to support the use of their product beyond gaming into professional and health research areas, align with their social values. Not only that, but the donating company now has a wallet with PTH tokens that they can use to sponsor future project or simply choose to donate them back.

Member’s choice of Causes

Each member is invited to create a philanthropist profile, where he indicates the type of causes he would like to support. The categories are divided into several sections: Geography,Demography and Causes, members can also suggest new categories that are close to their heart. Members can also initiate a new philanthropy causes, or grant request. Insights and analytics dashboard give a real-time overview of the projects,funding and impact.

ICO Details

General Information

Token:PTH

Platform: Ethereum

Standard: ERC20

Quantity: 2,000,000,000 PTH

Price:1 ETH = 10,000 PTH

Payment: ETH

Hard cap: 20,000,000 USD

Pre ICO

Start: 07/01/2018

Completion: 07/31/2018

ICO

Quantity: 700,000,000 PTH

Start: 9/1/2018

Completion: 10/31/2018

Philanthor’s Commitment to Philanthropy

We have specifically allocated and pre-distributed 100 million PTH tokens, with a value of $50m, into 5 fund wallets (research grants,social investments, emergency relief aid, charity & scholarships).50% of the tokens sold during the Public Sale are directed to these 5 funds. Which means that Philanthor is committed to seed the funds with half of the money raised in its token sale and use it directly for Philanthropy activities.

Usage of Tokens

We want to inspire people to make a difference in the world by actively engaging in philanthropic activities. Unlike traditional donations which are essentially a “gift and forget”, our PTH donation utility tokens are more than that, and provide the donors with the following benefits:

Token holders will become members of our platform and community and would be able to contribute knowledge, raise awareness to causes then vote and influence the type of causes we support.
Re-donation – at any point they can choose to give the Tokens back to their favourite non-profit/s or to a broad criteria of non-profits. The receiving non-profits can sell these tokens again to raise additional funds.
Marketplace – We expect corporation to join our community with donations through their Corporate Social Responsibility program (CSR), which may entitle our individual members with various benefits of goods and services donated by these companies, in the form of a token based commerce platform.
Members would also be able to use their tokens to introduce and create awareness for causes they are associated with their own community or workplace, and raise donations for these causes on the platform.
Tax deductions – subject to jurisdictions and local laws.