AidCoin is the ERC20 token that aims to become the preferred method for donating transparently through the Ethereum blockchain and for accessing the ecosystem of services provided by the AIDChain platform. Cryptocurrency adoption will impact how we donate in the future, and AidCoin is poised to play a leading role in this new era of fundraising. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original EssayAIDChain is a platform that provides an ecosystem of services through an easy-to-use interface, connecting the nonprofit community while enabling full transparency and traceability of donations. AIDChain services include an internal exchange to convert major cryptocurrencies into AidCoin, an integrated wallet to easily store and donate, an explorer to track donations transparently, tools to connect donors with all actors involved in the non-profit sector and smart contract templates to run fundraising campaigns. Furthermore, AIDPay is an embeddable payment gateway/widget that allows charities registered on the AidChain platform to accept donations in different cryptocurrencies directly on their website which are then immediately converted into AidCoin. This is to allow charities to simply manage all donations received within a single wallet whilst providing transparency and traceability through AidCoin. The AIDChain platform and AidCoin token are conceived and developed by CharityStars, an established VC-backed charity fundraising company. Since its inception, CharityStars' team of 25 professionals has worked with over 500 charities including Unicef, Save the Children and WWF. CharityStars' core competency is the ability to create high-level partnerships between charities, celebrities and high-profile companies. Unlike other projects that seek to tokenize the non-profit sector, CharityStars has developed an ecosystem of charities, donors, celebrity donors and gala events that will be key to facilitating the immediate use of the token. Please note: this is just an example. Get a custom paper from our expert writers now. Get a custom essay CharityStars will also be the first external fundraising platform to accept payments in AidCoin and will use the token internally to drive adoption. Over 40,000 bidders within the CharityStars community will need to purchase and hold AidCoin tokens to participate in the most exclusive auctions. The ICO placement and KYC and AML process will be assisted by Bitcoin Suisse, a Switzerland-based financial provider specializing in crypto-assets that has already successfully held more than 20 ICOs, raising more than $500 million.
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