The way the currency is structured is simple and easy to understand:
- There is a set number of tokens in the world: 7,604,953,650.
- The total number of tokens = the population of the world at the time of minting the tokens.
- As the number of infected/dead from the virus increases, the number of tokens are manually burned every 48 hours. So for every one infection, one token is burned.
The coin’s creators have tried marketing it as a “2019-nCoV relief effort,” the website shows, by claiming that around 20% of the supply will be allocated for monthly donations to the Red Cross.
https://coronatoken.org/whitepaper/
What Do You Think?
I'm just sitting here with 2 questions after reading all of this...
Is there flash loans with equity swaps on funeral home mortgages?
And can I place a bid against those funeral homes and call it coronafutures?
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STOPTo support your work, I also upvoted your post!
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thanks Mr. Robot
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well i think this is a serious matter. WHO already declared this is a global emergency . So this kind of token should not be created.
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wow you read the news, im impressed.
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