HEAL WHITEPAPER
Last updated
Last updated
Heal the World is a non-profit organization registered as an LLC in Colorado, USA. There are a number of different types of US Company, but LLCs are the most popular for non-Residents, which offers in real terms the same thing as 501C3 through the tax exemption. Colorado's high crypto usage and crypto-friendly laws informed the team’s decision to register the charity in the state.
We strive to build an ecosystem which equally rewards Donors and Grantees. Our aim is to overhaul the philanthropy industry with the use of blockchain-based tooling and unite the cryptocurrency community to provide financial aid to support humanitarian relief operations worldwide.
Conflict affects all lives and livelihoods, but even after the end of the conflict, victims who face stigma, vulnerability and marginalization continue to suffer. It is impossible to fully undo the harm caused by genocide, crimes against humanity, war crimes and the crime of aggression. However, it is possible to help survivors recover their dignity, rebuild their families and regain their place as contributing members of their societies. By giving survivors a voice, support and the tools they need, the Heal Trust Fund for victims helps to provide these communities with renewed hope for the future.
Heal the World charity is not limited to victims of conflict, but stretches across medical assistance, Eco-healing and Welfare Support.
To gain the confidence of our investors and to ensure the safety of Heal ecosystem, we have focused on three crucial factors;
We have locked the total liquidity of $231,949 at the current price of $0.00000211 for two years. As more liquidity is added to reduce the volatility in price, the lock period will be extended.
In order to ensure the $HEAL token contract is fully secure, we have had InterFi Network conduct an audit on the contract and the result shows it is fully secure.
By implementing a security measure with the use of Multi-Signature wallets, the team ensure there’s transparency in the use of funds and key transactions can be publicly tracked and verifiable. The three wallets into which funds from the transaction fees are distributed are currently in Multi-Signature wallets controlled by three members of the team; Aleksandr, Ivazu Hong and Pyotr.
Furthermore, the five members of World DAO board will be assigned as the Keyholders of the World DAO treasury.
The fund generation strategy of Heal ecosystem is vastly distinguishable from the traditional fundraising system employed by most charity organizations. An ERC 20 governance token ($HEAL) with a total supply of 1 TRILLION (1,000,000,000,000) has a 12% transaction fee deductible on all buys and sells within the token’s contract. The transaction fee is susceptible to change, when necessary, to ensure the long-term viability of the project. The current tax distribution is as shown below.
Charity Wallet: 0xac2c5e04318E5EF3Fe1e6A78E46fbDC4cA4cFF2F
Treasury Wallet: 0x7580C35f3FC73BE051f39ECdCD7f94fF53725960
Marketing Wallet: 0xc8fAFf8Bcd5928a39b5C675c54cc6b46E575551F
Farming-As-A-Service, FaaS, is a way to generate rewards with cryptocurrency holdings. This model of Yield farming is not restricted to earning rewards with cryptocurrency holdings using permissionless liquidity protocols. FaaS encompasses investment into diverse cryptocurrency assets (such as tokens, NFTs and Nodes) across multiple chains. A team of traders and advisors invest funds from the Faas treasury into the best pools to maximize profit and distribute passive income to Stakers. By simply staking $HEAL, investors receive passive income and benefit from Farming operations. The staking portal supports single staking and investors can withdraw their funds immediately after staking. Staking & unstaking takes only a few seconds; there is NO waiting-period before funds can be fully unstaked.
The waver makers of this scheme are the reputable and expert team of traders and advisors responsible for the management of the treasury fund. These team members spend time and effort into researching profitable investment ventures to help grow the treasury. Accumulated profits are equitably distributed as reward to Stakers in the form of ETH dividends and donated to charities with the highest number of votes from $HEAL investors.
The Defi Angels NFT collection has a total supply of 1000 pieces under four different categories: Healers, Givers, Patrons and Legends. All four categories have a compounding functionality which boosts ETH rewards from the treasury by different percentages unique to each category. Each NFT has unique traits which give them rarities, but Healers and Legends are the rarest of them all.
A decentralized autonomous organization (DAO) is an entity with no central leadership. Decisions get made from the bottom-up, governed by a community organized around a specific set of rules enforced on a blockchain. DAOs are commonly described as internet-native organizations collectively owned and managed by their members. They have built-in treasuries that are only accessible with the approval of their members. Decisions are made via proposals the group votes on during a specified period.
The World DAO comprises of two primary governing bodies, the World Board and the World Community. The board members will be made up of five (5) notable individuals with experience in the philanthropy industry. The primary responsibility of the board members is to safeguard and oversee the disbursement of funds to charities in a manner which makes the most impact. The World Community is responsible for the grantmaking decisions and comprises $HEAL investors & charity organizations/individuals seeking for grants (i.e., Donors and Grantees). The community gets voting rights through the $HEAL token.
The charity wallet which receives 3% of the total transaction fee, separate from the treasury wallet, is not under the influence of the World DAO. Funds in this wallet are strictly under the control of the World Board to be used at their discernment to support humanitarian causes with the ultimate goal of creating awareness about the Heal project.
Donate: Invest into the Heal ecosystem by purchasing the $Heal token.
Fund: Apply to get funded when applications are open.
Govern: Vote to direct the distribution of funds to non-profit organizations.
There can two ways Grantees can receive funds from Heal the World Charity; either through the Charity wallet or the World DAO treasury. Funds in the Charity wallet are completely under the control of members of the World DAO board, devoted to the support of charities at the discernment of the board. Charity organizations & individuals seeking for grants can fill the World DAO application form to stand a chance to be funded from the World DAO Treasury after votes have been casted by the World DAO community.
Hitherto, Heal the World Charity has donated a total of $52,000 to provide medical aid to the victims of the Russia-Ukraine war through Project Hope and Khalsa Aid, and also to Children in Afghanistan, Syria and Ukraine through SavetheChildren Foundation. We have also been officially recognized as a cryptocurrency partner on Project Hope’s website.
The recent invasion of Ukraine by the Russian military on February 24, 2022 caused a notable increase in the demand for cryptocurrency donations. To meet this demand, Heal the world DAO set out to create an ecosystem that supports an interactive fundraising system that simultaneously benefits fundraisers and donors.
HEAL is a peer-to-peer fundraising platform specifically designed for the blockchain community. The donation system is designed to aid a transparent, faster, cost-effective and anonymous means of donation and support as many cryptocurrencies as possible. Donors can choose to remain anonymous when supporting a cause.
Many traditional fundraising events often include extracurricular activities (like concerts, sports, fashion shows) to create engaging experiences for donors, which is crucial to the success of these in-person fundraisers. In consequence, HEAL provides a system where fundraisers can host virtual fundraising events to directly interact with their communities across multiple social media and incorporate them into their strategy. Heal is designed to support Twitch, YouTube, Tik Tok and Facebook. As the digital community evolves and expands, more social platforms will be integrated into Heal.
Heal supports both charity and individual-led fundraising events. Users can either create their own individual-led fundraising campaign, or participate in a charity-supported Fundraising Event to raise funds.
https://twitter.com/Healtheworld_io
| WORLD BOARD | WORLD COMMUNITY |
|---|---|
Five Appointed Individuals
Donors and Grantees
Keyholders of multi-sig wallet
Holders of $HEAL
Allocate treasury funds
Vote on which Charities get the grants
10 million $HEAL = 1 Voting Power
