There was a target to end poverty by 2030, but the coronavirus (COVID-19) pandemic has reversed the progress made in poverty reduction, with global extreme poverty increasing in 2020 for the first time since the Asian financial crisis in the late 1990s.
However, the world was not on track to achieve the target even before the pandemic appeared. And now we all know that without immediate and significant action, it will remain out of reach.
The COVID-19 pandemic may seem like the biggest threat to this goal for now, but there are many other things that stand in the way of a poverty-free world. A few of them are lack of systematic ways, not reaching help to small and root level NGOs, not enough helping sources, and many more.
There are many people or companies trying to help but all their help is not reaching the right people without solving the current problems. This is where our Revolution Charity Token fits in. In this article, we will introduce the RC token with you and we will also show you how it is truly unique and how it can remove some of the major hurdles on the path to ending poverty by 2030.
What is a RCtoken?
RCtoken is one of the first projects you will come across dedicated toward charity. But charity and donations are not the only things Revolution Charity Token is all about. It offers great utility to investors and seems to be a way to engage the millions of people who are not into blockchain and its associated projects. The project will be supported by its own cryptocurrency named RCtoken (Symbol: RCT).
Revolution Charity Token aims to connect smaller NGOs and less privileged communities with charities around the world. RCT is solving some of the major problems that are hurting all the world and also the goal..
If we talk about the technical thing then Revolution Charity or RCT is built on Binance Smart Chain (BSC) and provides a faster way to run transactions as compared to Ethereum network. In addition, the transaction fee is quite low. The project achieved it by developing the token on Binance Smart Chain (BSC), on ethereum the Gas fee is very high, and high fee will be not beneficial to the project and its investors.
The network runs a Proof of Authority (PoA) consensus mechanism that relies on trusted and well-known validators to generate blocks and therefore provide computing power to the network.
Using authorizations to validate transactions helps us to achieve a faster flow of operations. Everyone participates on this network and competes as a validator to achieve consensus. If you know anything about tokens and networks, you know this is a perfect setup for great projects. Revolution Charity Token is on a mission to create value, profit and reach that part of the world that really needs a helping hand.
If you are willing to participate in something that is trying to make this world a better place while being beneficial to the investors as well, then you should invest in RCtoken. To know more about the project, check the website https://rctoken.net/ now.
Originally published at https://rctoken.net/everything-about-rctoken/