Go Help Fund provides a faster and smarter way to donate and raise funds, allowing to facilitate change far more effectively.
We live in a time when the world is facing its worst humanitarian crisis since the end of World War II that have serious impacts at national, regional and international levels – Poverty, natural disasters, violation of human rights, terrorism. There is an increase in frequency, complexity, and severity of natural and man-made disasters globally. Given humanitarian needs far outstrips funding for life-saving aid, fundraising is becoming an increasingly important issue. According to statistics, 3.2% increase in charitable giving is expected this year, compared to 2017. It is a highly controversial question whether or not traditional payment methods are still effective in helping the international community to respond to violations immediately.
Creators of Go Help Fund designed the solution, which may revolutionize the way funds are raised and donated worldwide. One may not see any connections between cryptocurrency and addressing humanitarian aid issues. However, Go Help Fund does! Being the first global platform to combine the cryptocurrencies blockchain features with the latest technologies available, Go Help Fund provides a faster and smarter way to donate and raise funds, allowing to facilitate change far more effectively.
It is the only platform to bring together the NGOs, individuals, supporters, and donors. Connecting various parties via blockchain technology-based platform allows traditional independent parties to work together to streamline and integrate processes, all with controlled access to sensitive data, rather than relying on traditional payment methods. Using blockchain technologies, transactions can be verified instantaneously. Blockchain builds trust in every transaction by eliminating counter- party risk, advancing security, increasing cost efficiency and optimizing settlement process.
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 dollars 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. Donation of non-cash assets is increasing in popularity given the ability of the cryptocurrency holders to take advantage in the form of tax efficiencies. The donors have the opportunity to liquidate the considerable capital gains taxes on the appreciation while giving the full fair market value to charity.
What makes platform truly unique is its own blockchain solution – Advanced Distributed Edge Network (A.D.E.N.), as well as Machine Learning and Artificial Intelligence features. Breakthrough CAP-edge solution, which will be deployed on Go Help Fund platform as the backbone layer of A.D.E.N., will make possible for distributed data to simultaneously provide Consistency, Availability and Partition tolerance.
Machine learning technologies will be deployed in Blockchain in a real-time mode, meaning models created using machine learning algorithms will monitor blockchain transactions in real time and make forecasts for transactions that are likely to be noncompliant. That will improve efficiency and security of the platform. Integration of Artificial intelligence with its own blockchain network will also enable parties to make real-time smart decisions while maintaining data privacy and trust.
Go Help Fund anticipates a complete migration from Ethereum Network to its own Blockchain in October 2018 that will allow an implementation of various features, such as entity master nodes and wallet application. Entity Master nodes will be the main contributor to the growth of the coin, generating constant demand for HELP tokens. According to development plans, Go Help Fund will be officially launched in December 2018. Later this year more features will be added to the platform, including Wallet, Web, iOS and Android applications.
Fighting with global poverty and terrorism, provision of access to education and healthcare, child protection in inclusion, sustainable development promotion, human rights protection, just to name a few, are considered to be the potential use cases and end-goals of the platform. By revolutionizing the way how funds are raised and distributed worldwide, Go Help Fund has a great potential to incorporate profound changes in the way the international community respond to violations of international law and human rights, prevent and reduce the impact of conflicts and disasters on vulnerable people. Go Help Fund is the opportunity to touch and improve the lives of millions of people.
By Diana Ozernykh
How will Go Help Fund change the way humanitarian aid is collected and distributed? Let us know what you think in the comments below.
Images courtesy of Go Help Fund, AdobeStock