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In the previous parts of this series, I have analyzed the  Giftcoin  blockchain project. I covered the introduction phase, how the platform works with common problems and solutions, then I covered why I would invest in the project. If you missed the earlier parts of this series, you can read up below  Part 1:  Introduction  Part 2:  How it works  Part 3:  Why I would Invest In Giftcoin     In this part, to properly gauge my expectations of this project i will be using a business tool called SWOT analysis. With the SWOT analysis I will be gauging the internal factors against the external factors in order to gain better perspective of Giftcoin's chances for success post-ICO by taking into consideration the Strengths, Weaknesses of Giftcoin and then the Opportunities and Threats that Giftcoin faces. Photo by  Hans-Peter Gauster  on  Unsplash   SWOT Analysis Strengths Feedback Mechanism/ Tracking s...

Why Would I Invest In Giftcoin? There are thousands of Blockchain platforms/projects currently out there with different range of problems they hope to solve, the problem is that most of these projects are duds and fade off not so long after the ICO with investors incurring losses. So I try as much as possible to do my due diligence before investing in ICO so as not to lose my money. There are certain markers I investigate before reaching a conclusion on an ICO, they are; The Project, The Team, The Roadmap and the ICO structure. If I can judge these markers to check out I proceed to invest without doubt. Photo by  Ali Yahya  on  Unsplash   The Project The level of worldwide acceptance of any off-chain industry is very important when analyzing how a project in that sector will perform as a blockchain project.  The off-chain charity sector is an industry that realizes around $500 billion in donations yearly.  This already is a very big industry ...

Giftcoin - How it works  Giftcoin as I have introduced in the earlier  part  of this series is a decentralized platform and cryptocurrency created to solve the major existing problems with the charity industry. It is important nevertheless to understand how the platform works. Photo by  rawpixel.com  on  Unsplash   Giftcoin platform is governed by a smart contract for execution of transactions and will work based on the principle of “End-to-end-giving”. What does this mean? It basically means that all transactions carried out on the platform from the donation of funds to a charity using Giftcoins, the receiving of the funds by the charity, to how the money is being spent is recorded publicly on a distributed ledger “the Blockchain” and  can be tracked every step of the way. How Do Donors Donate Money To Charity? Donation process on Giftcoin platform follows three stages; Accumulation of giftcoin, donating to a cause and tracking of do...

Introducing Giftcoin Charity is a common practice in most, if not all human societies; it’s a way in which people that are more privileged give out what they have in the quest to make life easier for those that are not so privileged.  Charitable giving has become even a more common practice in the 20th century as the mass media has created a platform for raising awareness for every kind of charitable cause possible. Photo by  freestocks.org  on  Unsplash   People now have several platforms in which they can give out to charities in their own capacities, either by making donations towards a cause, raising awareness for the cause or by volunteering manpower in helping the implementation of these charitable causes. The charity industry is a multi-billion dollars industry, with pace setters like the “Bill & Melinda Gates Foundation” guided by the belief that every life has equal value, gives out billions of dollars yearly to charitable causes like imp...