If someone told you that you can hold some cryptocurrency/tokens to save the world, would you? You would probably laugh at the idea of it. But if you think with an open mind, you would realize that it is actually possible given how blockchain technologies have evolved. GlobalGive project has thought about this and gone ahead with planning and executing on this idea.
The GlobalGive project has issued its deflationary token GGive which is built on the Binance Smart Chain. It aims at increasing the wealth of the holders and also donate a percentage of its proceeds to a charity to be determined every month. It provides an option for Charities to raise funds in the most innovative way possible.
About the token
The GGive token has a total Supply of 1.5 billion out of which 25% was sold in presale. Out of the total supply 5% would go to donations and another 5% to the development, marketing and listing. Further, this token has an added advantage if this token is held longer given that 2% tax levied on the token sold will be redistributed to the existing holders. Further the token has implemented protection against larger holders generally referred to as Whales in the form of Whale Tax which could be up to 10% tax in case of sale of 0.1% of total tokens. Currently the token price of GGive token is $0.003 spread across 3760 holders with a market capitalization of approximately $3,000 in the last 24 hours. Currently the coins can be bought on Coinsbit or Pancakeswap.
About Charity
GGive has been able to donate $7,000 so far. It has now created new avenues to raise funds required for charities and work towards saving people from poverty, hunger, homelessness, etc. Further, they intend to support education, environment protection, etc. Currently, GGive is supporting charity programs such as Last Night a DJ saved my life and Orangutan Charity.
Safety of the project
The GlobalGiveproject has a mechanism of putting a timed lock on their LP tokens, which makes them inaccessible and hence it would not allow to remove the liquidity at any one person's wish and hence can prevent rug pull.
Verdict
The GlobalGiveproject has done a fabulous project in terms of the design and execution of the GGive token and has done the same on Binance Smart Chain. This makes the project very dynamic and fresh and helps the team focus on lot of smart contracts. Further, the project has actually tried to address many issues such as whale dumping, liquidity rug pull , etc. Further, this token is also working towards environment, sustainability and self-governance that is likely to boost the investor confidence throughout. The charity and donation aspect of this token is likely to make a holder feel proud about the achievements of this project, the way it helps people around the globe, while earning handsomely just for holding the tokens. All in all, with such advanced features in the token, it is a long term asset that can yield a huge return in the long run.
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