Topic: IDAC Revolutionizing the current state of charity - page 12. (Read 2295 times)

Thank you for your interest in our project!

📌 Why not the USA?

As you know, we are open to always new and sees big potential in the developing technologies and new tools for various fields of business. Obviously this refers to the digital world closely connected to blockchain, cryptocurrencies and ICOs. However, not all countries are as positive on this industry as others, for example, the USA.

Let’s look into the reasons for that.

The United States of America is among the top picks for cryptocurrency businesses and ICOs in particular.

However, even the projects and companies that have opened a representative office in the US for conducting an ICO and issuing tokens often use another legal entity in jurisdictions where such activities are openly welcome, or when the question of legality has not yet been established by the time of the token sale. Another concern is the fact that US citizens and residents participation in token sales is limited. This is due to the country’s stocks and securities trading legislation.

Many projects dream of someday conquering this market. But why are ICOs banned in this country? They were never banned, just regulated.
In July 2017 the SEC has issued a statement that tokens can be considered securities, provided they meet certain requirements (such as voting rights, stake in the company, promise of profits, etc.). To determine if the token is a security it is run through the Howey Test, Family Resemblance Test, Capital Risk Test and some other additional tests. The SEC has also issued a number of documents warning future investors of possible risks pertaining to ICOs. This is why, as we have said earlier, companies from the US choose other jurisdictions to issue tokens so both their investors and themselves don’t have to jump through unnecessary hoops.

All these restrictions concern other ICO projects everywhere in the world. Many ban US investors from participating in their projects.
The prospects of development for ICOs in that country are, at least for now, rather fuzzy. The US is most likely to remain popular as a place for headquarters, while tokens within ICO campaigns will continue being issued in other, more suitable jurisdictions.

🔺 Lean more about us here: http://www.idacpro.io

📍 Join now:
Telegram chat https://t.me/IDACOfficial1

thanks for this...at least we will be able to learn more about this interesting project!..there's so much thing that we need to look into it!

Thank you for your attention to the project. The team was updated with new real people who are actively involved in the development of the project. These changes were made due to the imposed ICO restrictions by China. Despite all the difficulties, we have completed KYC at ICObench and are ready to answer your questions.

Welcome to our chat https://t.me/IDACOfficial1

In addition, we would like to send you a letter from the project CEO in your pm. Thank you for your attention and your time. We believe that you change your opinion about the project.

that's also my question.....I guess, since the project is so worthy, they should translate it in all language, to gather more donations worldwide!

how are you going to solve transparency in giving donations?..you know what, your plan is really really good!..that's what we need nowadays!..once this will happen, you are giving back the trust of the people to all charity institutions!...good luck guys!

what a wonderful project IDAC has! the team are really brilliant to think of ways on how to help people especially those are disabled. i'm sure and no doubt about this project being successful and catching more investors' interest! kudos to the team and good luck!

The IDAC eco – system comprises of the international disabled virtual community, technology developers for the disabled, government bodies as well as
Non – profit organisations...what do you mean by these?

Dear ICOEthics,

We apologise for this misunderstanding and we would like to kindly clarify the situation with you guys. We can assure you and the public that IDAC is a live and genuine project aiming to help the disabled community. Our testnet is actually almost completed and will be available for users to try on soon. Please allow messages sent from newbie accounts so that I can send you a detailed report on what had happened.

Best Regards,

Thomas

Nice to see you are using crypto tokens and blockchain for the ones in need. I once had an idea that can maybe help you. Use photos of people in need plus things they need and the costs. Then investors can choose who they will help, blockchain can defenitely be usefull here!

do you have any video presentation about this platform? i think people will become more interested thru a video showing what is the real goal of this new project. it will help a lot to catch the interest of the netizen!

yes, correct! and good to know that there's still lot of people who build their project that is truly benefited those people who are in needs and not just only making some profit. let's invest here and help those in need! hoping that more investors will join in this project!

IDAC platform stores information within the charity process on the blockchain and improve the public welfare ecosystem for disability assistance by means of the special attributes such as decentralization wherein a database will then be tailor made for the 650 million disable people all over the world by which they can benefit from in more ways than before.

how about the data collected on the IDAC platform? is it synchronize with the global disability assistance and poverty relief system to ensure that such data can be utilized to reap more benefits as well as to reflect the truthful usage of funds and not be tampered?

donations made on the platform are said to be remain fully traceable to the donors. how can you ensure that there's no risk of fraudulent activities and corruption in management? do you have future action plan for this if might happen in the future?

is the IDAC whitepaper available in other language? if there's a case that there is interested who wants to read their whitepaper but can't understand English language. because i think that there's lot of people around the world who will catch the interest of this amazing project.

establishing a user data center  for the disable group can ensure that the data of disability assistance and poverty relief is always verifiable, effective and tamper proof, all data on the blockchain is traceable and this promises higher levels of transparency.

what if in one family, there's more than one disable person? are they all be benefited or get assistance from this project? or the team only allows one disabled person per family?

what specific assistance will the disable people receive by this project? what is the assurance that this will really help them to make their future into a better one?

when this project will going to operate? how to invest and be part of this project? i want also to be part of this team and be a helping hand to the needy especially disabled people. educate me about this, thank you!