In 2022, blockchain projects have changed the world forever, far beyond what Satoshi Nakamoto predicted when he designed Bitcoin (BTC) in 2008.
Profitability and decentralized finance have been a key aspect of most blockchain platforms and concepts for over a decade, but some projects are trying to do something a little different with their currency, trying to make money along the way. I’m here.
3 of those coins Dogerian (DOGET), Shiba Inu (SHIB), and Apecoin (APE). These are all for-profit ventures, but the development teams behind them have gone to great lengths to ensure that the platforms give back and help out the global community.
This article details the cryptocurrency philanthropy and philanthropy mentioned above and hopefully puts a smile on your face: Blockchain projects are always not just about money. They also make the world a better place can also do.
Shiba Inu: Crypto Relief Giant
Memecoin Shiba Inu (SHIB) is making the largest donation in cryptocurrency history. After the coin was created in August 2020, the platform burned his 50% of the total token supply into his wallet owned by one of the founders of Ethereum, Vitalik Buterin.
A portion of this massive decentralized fund went to India’s Covid Crypto Relief Fund. Currently, he has over $500 million worth of donated tokens. On the day it was donated, it was worth much more than that, roughly over $900 million.
This extraordinary move was made to provide relief to the people of India, who have been devastated by the COVID-19 pandemic and are in dire need of assistance. The generosity of this donation cannot be overstated. Instead of withdrawing tokens for his own benefit, Buterin made the noble decision to hand them out to help others with the help of his Shiba Inu (SHIB).
Shiba Inu (SHIB)’s philanthropic activities don’t stop there. The platform also uses the wealth it creates to rescue and protect Shiba Inu. Amazon Smile’s web platform allows you to donate a portion of your Amazon purchases to a charity of your choice. You can choose the Shiba Inu Rescue Society, brainchild of the same team behind Shiba Inu (SHIB).
Proceeds from these sales will be used to fund an ownerless Shiba Inu shelter to prevent these unique dogs from being abandoned or abused.
ApeCoin: save their name
ApeCoin (APE), a utility token, is another cryptocurrency whose team makes a special effort to do good while evolving its platform and ecosystem.
This token was heavily inspired by Yuga Labs’ Bored Ape Yacht Club series of NFTs. Its focus is on photographs of apes with various accessories and physical features that make them unique from each other.
Fittingly, the ApeCoin (APE) team has pledged to donate 10,000,000 tokens (or dollar equivalents) to the Jane Goodall Legacy Foundation. This charity focuses on protecting the lives and rights of great apes, protecting against biome destruction, and supporting communities in developing countries.
Apes, like higher primates, are intelligent and sensitive beings, a fact humans too easily forget. Apes are inherently interesting and lovable animals to us humans. It’s a sad fact that despite our love for our cousin apes, who are genetically very close to us, the living space of these animals is being eroded.
The great news is that blockchain projects can help these endangered animals, and which coin could be better suited than ApeCoin (APE)? As the name suggests, the team behind APE is Get back to their roots by protecting the environment these majestic monkeys live in.
Dogeliens: Community Driven Charity
Last but not least, an honorable mention must go to the Metaverse-inspired Dogeliens (DOGET). This is a pre-sale meme coin that aims to dominate the GameFi sector with an online gaming platform with NFT integration, play-to. – Earn mechanics and take partial community ownership.
The most impressive feature in this lineup is the 3% exclusive tax imposed on transactions within the ecosystem. This amount of Dogeliens (DOGET) will be added to a dedicated charity wallet. Community members and token holders can vote monthly to determine which charities this wallet supports.
In this way, the Dogeliens (DOGET) ecosystem will donate to various causes every month, and the more successful the token, the more valuable the donation. This creates a virtuous cycle in which community engagement and investment yields greater philanthropic benefits.
In general, cryptocurrency and blockchain innovations can receive notoriety in mainstream journalism circles. Much attention has been paid to the environmental impact of creating, mining, and operating blockchain networks for cryptocurrencies.
However, as we learned from the examples above, there is great potential for both the cryptocurrency community and the platforms they subscribe to. Providing relief to communities, protecting the global environment, and improving animal rights and conditions Real people have been given cash to do so.
We can only speculate on what the future holds, but with philanthropic giving becoming a powerful part of the blockchain ecosystem, much can be expected.
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