ICO Progress
| 12345678910111213141516171819202122232425262728293031323334 ICO Time PREICO TIME 2018-11-15 - 2018-11-30 ICO TIME 2018-11-30 - 2018-12-30 | 12345678910111213141516171819202122232425262728293031323334 |
International Disabled Assistance Chain
We aim to create the world's first cryptocurrency eco-system
with a fully transparent and decentralised donating platform.
Donations made on the platform will remain fully traceable
to the donors, hugely reducing the risk of fraudulent
activities and corruption in management.
| 123456789101112131415161718192021222324252627282930 The IDAC Eco - system The IDAC eco system comprises of the international disabled virtual community, technology developers for the disabled, government bodies as well as Non profit organisations. | 1234567891011121314151617181920212223242526272829303132333435363738 |
12345678910111213141516171819202122232425262728293031323334 | 12345678910111213141516171819202122232425262728293031323334 Conventional vs Revolutionary! Conventional charity organisations are highly centralised and it is often impossible to get a full picture when it comes to the management of charitable funds. This can lead to undesirable results such as corruption in management, bad decision making, etc. With the emergence of blockchain technologies, we are confident that the conventional way of charity can be challenged and changed, for the better. |
| Current Limitations in Charity Management One of the biggest problems with conventional charity organisations is that how donations are being managed and handled are unbeknownst to us. This creates several issues - Donors have no say in the decision making process regarding how the proceeds shall be used. Instead, the charity organisation as the centralised institute decides for us where and how our donations will be used. Such a way of handling is not always done in good faith or is equitable in fairness because charity organisations often have other implicit agendas such as the wish to garner greater recognition by virtue of higher media coverage. When these extra agendas are mixed into the decision making process, a deviation from the true purpose and responsibility of the charity organisation is created, because it dilutes their commitment to the charitable cause. This way of centralised management is also prone to corruption. There are numerous cases where charitable funds were unlawfully used for personal gains. One major case of such corruption recently was the Red Cross Association's misappropriation of 500 million US dollars that was supposed to be used to support relief efforts after the 2010 Haiti earthquake. People around the world donated to the American Red Cross with generous contributions that amounted to nearly half a billion dollars. The funds were supposed to be used for the development and restoration of key infrastructures in Haiti but none of these actually materialized. Corrupted management within charity organisations can lead to a general decline in peoples faith towards the charitable cause. People who were once passionate and sincere about helping the community may instead have second thoughts when being asked to donate. This creates a vicious cycle by which charity organisations have to channel more resources towards promotional and publicity efforts in order to get more donations from the public. Concurrently, people are unfortunately less willing to donate to these organisations because they become disillusioned with the fact that such monetary help may not always be directed to the people in need. Alas, the real victims of this vicious cycle are none other than the less fortunate people in our society. |
12345678910111213141516171819 International Disabled Virtual Community In order to protect and realize the interests of disabled people around the world, the establishment of a global virtual community is imperative. The community is formed by both donors and the 650 million disabled people globally, with the integration of all relevant resources in order to maximize the efficiency when it comes to fund management and beneficiary targeting. | 12345678910111213141516171819 The IDAC Eco - system The IDAC eco system comprises of the international disabled virtual community, technology developers for the disabled, government bodies as well as Non profit organisations. | 12345678910111213141516171819 Real -World Applications Partnership with insurance companies, handicap technology research firms, education institutes are being established in order to create real life applications for IDAC tokens. Users will be able to use IDAC tokens as investments in future projects aiming at improving the quality of life of the disabled communities around the world. | 12345678910111213141516171819 Matching Real Needs with the Right Service Provider Big data technology and AI will be incorporated to make sure that real needs of the disabled community will be noticed and matched with the right service providers and research firms efficiently. |
IDAC token will be used for charity in the future.
| 12345678910111213141516171819202122232425262728293031323334 Token Rules A total of 650 million tokens are issued. | 12345678910111213141516171819202122232425262728293031323334 |
We are a new team of experienced developers and global
philanthropic volunteers dedicated to building a fair,
open, transparent and traceable charity system.
philanthropic volunteers dedicated to building a fair,
open, transparent and traceable charity system.
OUR TEAM
Advisors
Timeline
Partner
12345678910111213141516171819 | 12345678910111213141516171819 Address 1 Fullerton Road #02-01 One Fullerton Singapore 049213 | 12345678910111213141516171819 Contacts Email: support@idacpro.io Phone: (+65)93883598 Fax: (+65)93883598 | 12345678910111213141516171819 Links Website builder Download for Windows Download for Mac |
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