Hope Token Foundation is all set to begin their ICO from 15th of October 2017 that will last upto 15th of November 2017. The Hope Token is created as a measure to connect the world of crypto or digital currency with charities that provides a chance to the individuals to participate in a project that aims to bring equality to the world. The global supply of the token will be 10 billion with out of which 4 billion will be available to the public through ICO. The currencies accepted for the crowd sale are Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) and Dash tokens.
Hope Token enables the donors to earn all of their initial investment back so that they can help charities, community, country, and individuals in need without any hesitation. The signup and registration process of the ICO is completely free and anyone can create an account for contributing to the cause of their choice right away. The fundraising accounts will have to go through the special screening process for being listed. The individuals that need financial assistance due to any medical condition, funeral or disconnection of services may have to submit an application for receiving the contribution.
After an individual submits any community project, the Hope foundation will do an extensive research to verify the presence of that community project. The owner will also be required to do submissions with credible references from that city or state with supporting documents. The organizations will have to submit additional documentation that proves that they are registered as a nonprofitable charitable business.
Cryptocurrency has brought a remarkable change in the way people do transactions all over the world. A number of individuals and businesses are now realizing the potential of digital currency in the current times as well as in future. Despite the fact that traditional banking system networks are still more popular, using Cryptocurrency can overcome many shortcomings prevailing in the system such as the fact that that banks can be manipulated by governments and bankers alike. Bitcoin, the digital currency was created by Satoshi Nakamoto to solve the same problem and to provide more freedom of privacy to people in their transactions.