In this article, I will discuss GlobalGive.GlobalGive is a deflationary token built on the Binance Smart Chain. Investing in this token does not only grow your wealth but hopefully makes the world a better place, as they donate a percentage of proceeds to a charity to be determined every month. GlobalGive is therefore a rotary Charity Token representing a ground-breaking option for Charities to raise funds in an ever-changing world.
How GlobalGive Works
GlobalGive is established upon the principle of transparency. Every member of their team is fully doxed on all their platforms. They are made up of a diverse group of individuals from all over the globe and are all Given to charity. Furthermore, their tokenomics ensures an organic growth of their token to facilitate their charity endeavors. Some important features of their token that differentiate them from the rest include a progressive “toxic whale” tax, a bot killer tax, automatic liquidity pool (LP)generation, dedicated charity wallets, and static reflection.
Features of GlobalGive
● Automatic LiquidityPool (LP):The Liquidity pool creates a price floor for the token and helps to keep the price stable. The automatic LP also acts as a burn feature for their token. The tokens that go into the LP are locked and cannot be returned into the circulating supply; therefore, creating a deflationary dynamic to their token. This means that the total supply reduces with each transaction hence raising the price floor
● Multi-Signature Wallets: To provide extra security, a minimum of 5 signatures are required to unlock the charity wallet.
● Charity Wallet: Their token has created an innovative way to fundraise for charities at the same time as generating wealth for investors. They have several funding streams for charities. Firstly, they have a charity wallet with 5% of the total circulating supply. This wallet will be used to donate to charities globally and fund community projects. Secondly, they have partnered with charities that are willing to adopt a wallet with their token to directly receive donations from their community.
● Toxic whale tax
They have seen many project’s growth and development be completely arrested by these toxic practices. They are sick of seeing this so they have created a solution. They have implemented a progressive tax system that will make it very painful for a whale to try and engage in these toxic practices. This progressive tax system will ensure that the profits of the whales that believe in the project and sell responsibly and are there to grow with the project will be protected, it also ensures that the profits of the smaller investors will be protected.
Mission of GlobalGive
At GlobalGive, they are leading the field in using the power of decentralised finance to become the industry-standard for charities to acquire and receive donations – from grassroots nonprofits and disaster relief funds to established charities with global reach. Their goal is to provide a platform, driven by their community of GlobalGiver’s, to boost awareness to causes that need it most as well as donating to more charities monthly. They are doing all of the above whilst rewarding investors for simply holding GGIVE and providing increased investor protection measures. Hold GlobalGive, change the world.
Tokenomics
Supply:Total supply is 1,500,000,000 (1.5 billion) - 25% sold in presale.
Charity: Their Charity wallet has 5% of the total supply and will be where all charity donations come from.
Development: This wallet has 5% of the total supply and will be used to fund marketing and go towards other project costs like exchange listings.
Defi: There is a 10% tax on sales; of which 2% is redistributed to HOLders, 2% is burnt, and 6% is added to the liquidity pool.
Redistribution: The longer you hold, the more you receive. There is a 2% tax on each sale which is redistributed to present holders based on the ratio of tokens they own.
Whale tax: Up to 10% extra tax on sales over 0.1% of the total supply
Investing in this project is completely risk-free. You get an LP-Token, or Liquidity Provider token, in exchange for adding tokens and subsequently adding liquidity to those tokens. Rug pulls are possible because this allows you to remove the liquidity at any time. Their LP Tokens will be locked for a set period of time by the GlobalGive team, making them inaccessible. This is preferable to the burn technique because it gives the team additional choices to protect the token's value if the defi exchange experiences any problems. They provide a platform to create a completely secured and fast decentralized token system. This was my best trading experience. I truly recommend this unique and reliable platform.
Website: http://www.globalgive.finance/
Whitepaper: https://pdfhost.io/v/gF29NitGV_GlobalGive_Whitepaper.pdf
Github: https://github.com/Global-Give/smartcontract
Twitter: https://twitter.com/globalgivetoken
Telegram: https://t.me/globalgivetokencommunity
Instagram:https://www.instagram.com/globalgivetoken/
Reddit: https://www.reddit.com/r/globalgive/
Youtube: https://www.youtube.com/channel/UCOv_Op-b4KWOcubauyYjg-g
Forum Username: btc4future
Profile Link: https://bitcointalk.org/index.php?action=profile;u=1771077
Telegram Username: @BTC4future7
GGive Wallet Address: 0x1046CA74e820C157BE2D53a914044CB5a9C792ad