— Covid Crypto is a project featuring blockchain industry experts who have but one goal in common — use their industry experience to help with the Covid crisis. They designed a crypto ecosystem that aims to support the community and help charity organizations with donations.
The community built around Covid Crypto is designed with transparency and sustainability in mind. What makes it stand out is its Covid Crypto (COVD$) native token, a BEP-20 crypto built on the Binance Smart Chain.
How It Works
The majority of projects that are part of Covid Crypto are still being built. One of the most direct ways to contribute is by buying one of the NFTs offered by the organization. Rest assured that 100% of the profits from the NFT marketplace will go directly to Covid-19 charity organizations.
All participants will be able to vote via the ‘community votes’ program to select which charity will receive the support.
There’s also an easier way than buying NFTs, as you can just make a donation in BNB/BUSD on the platform’s official Binance smart chain wallet.
Since transparency is one of the main pillars of the project, all transactions will be displayed publicly, including donations.
Everyone working on this project is a volunteer. The entire project is actually decentralized and open to anyone interested in the cause. In fact, if you’re interested in taking part in the project, you can contact the team via the official website.
The official site shows the list of people who founded the project. Still, you’ll only find their avatars & nicknames, as well as their experience in the industry.
Benefits of trading Covid Crypto
Every transaction that’s part of the Covid Crypto ecosystem is taxed 10%. A total of 6% is added to the liquidity pool (LP), 2% is distributed to token holders, and 2% is burnt in order to make the coin deflationary. That way, COVD$ holders will see the value of their token increase over time. The team has allocated 5% of the total supply to support Covid-19 Charity organisations around the world.
According to the official roadmap, the project is well ahead of schedule and planning more donations at the time of this writing. It launched its official website and social media pages, concluded the initial DEX offering, and will have a fair launch on the 19th of June at 1 PM UTC on Pancakeswap. Moreover, Covid Crypto has managed to partner up with many charity organizations so far and is working on extending that list. The team already donated Covid-19 related equipment that will support over 5,000 people in India and will be shipped before launch.
Release ID: 89028769