INTRODUCTION
Blockchain technology has truly contributed a considerable measure to our present reality. With blockchain innovation (technology), numerous advancements have been influenced conceivable as it's applications can be found in many platforms like Medical, Finance etc, in each, comprehending related issues and as yet keeping up its exceptional highlights which includes its decentralization, use of smart contracts etc.
Inferable from these advantages related to blockchain innovation drove a group of specialists into holding onto this innovation (brought by blockchain technology) in order to settle issues identifying with the absence of trust in charity organizations. This is what VANTAGE NETWORK aims to correct as well as provide.
Vantage Network is a blockchain-based platform enabling supporters of charity organizations to screen how their contributed funds are being utilized. With the assistance of blockchain innovations, trust is guaranteed in this manner ingraining confidence in givers. On the other hand, trust is established in charity/non-profits, as well as more cash is brought in so as to help more people.
THE PURPOSE OF VANTAGE NETWORK
The Problem:
1. An examination has demonstrated that a less number of people, and in addition contributors amounting to about 16%, trusts that non-profits are reliable and will spend the donations as proposed. For non-profits to exceed expectations and in addition to accomplishing their objectives, they need to clear uncertainty from the psyches of their donors, in order to have a superior shot against the high rivalry included while sourcing for reserves which run from built up global guide associations to private associations putting advertisements for financing via web-based networking media systems like Facebook.
2. An investigation has likewise demonstrated that around 67% of Individuals are probably going to give more to charity organizations and additionally non-profits organizations that are reliable and most particularly straightforward by they way they utilize donations.
In any case, inferable from the way that the innovation and information administration on the ground to achieve this required straightforwardness is costly most charity/non-profit overlooks this. As it has shown that, the assets or funds which will be channelled into this innovation will contribute a whole lot to helping more people.
Solution:
With the guide of blockchain technology, the Vantage Network will guarantee trust and traceability of assets, accordingly making a solid platform which will be free of donors wariness while prompting expanded income for non-benefits. Through this, non-benefits will have the capacity to focus on accomplishing their goals and objectives. The Vantage Network is one of its kind, as it offers convenience along these lines prompting many platforms to embrace its platform, thus satisfying all parties involved.
PROPERTIES OF THE VANTAGE NETWORK
1. There is no requirement for donors to first approach digital money before giving to non-benefits. Moreover, they can easily track their gifts.
2. Furnishing straightforwardness and responsibility with the guide of blockchain technology.
3. Can without much of a stretch be actualized on any raising support platform, both now or later on.
4. Non-profits can likewise monitor their spending without the need to claim or deal with a computerized wallet or change over assets from cryptocurrency to fiat.
5. Vantage Network additionally makes it workable for associations to take online commitments without the need to go through entangled advances to demonstrate their value to contributors.
VANTAGE NETWORK TOKEN AND ICO DETAILS
The Vantage Network token, XVT will initially be an ERC20 token based on Ethereum blockchain. When Vantage Network goes live, all token will be changed over to NEM standard in a proportion of 1:1. XVT is a utility token with the aggregate supply of 200,000,000 utilized for recording donations, following the sums which are given to each non-profit and in addition following the arrival of assets from non-profits utilized for merchandise and enterprises.
XVT holders will have the capacity to give to charity organizations specifically utilizing XVT, and looking into and advancing their favourite non-profits inside the Vantage Portal.
CONCLUSION
With the guide of blockchain technology, The Vantage Network will easily guarantee trust, transparency and traceability subsequently making it feasible for donors to screen how their gifts or contributions are being spent either by non-profits or other raising support associations. This will go far to manufacture trust, reinforce the contributors' trust over the long haul prompting expanded income for fundraising associations.
THE TEAM AND ADVISORS
VANTAGE PARTNERS
IMPORTANT LINKS
Website: https://vantage.network/
Telegram Group: https://t.me/vantageofficialcommunity
Twitter: https://twitter.com/vantagetoken
LinkedIn: https://www.linkedin.com/company/vantagetoken/
Facebook: https://www.facebook.com/vantagetoken/
Medium: https://medium.com/vantagetoken
Whitepaper: https://vantage.network/wp-content/uploads/2018/05/VantageWhitepaper_05242018.pdf
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