CharityDAO (CHD) Coin Complete Detailed Review About CRB Coin

What Is CharityDAO (CHD) ?

CharityDAO have taken conformable life for granted until the outbreak of the Russia-Ukraine war. They realize that war and death are happening around us quite often. When wanted to do something for innocent Ukraine civilians, it turned out that charities were too inefficient and untrustworthy. In a well-developed society, can donate via NGOs in a multi-layered way, yet it is hard to know whether the funds are appropriately used for people who need help in war-inflicted areas.

CharityDAO Some even use charities to evade tax and transfer assets. Nevertheless, when Ukraine vice prime minister Mykhailo Fedorov announced that they would accept cryptocurrencies as donations, were glad to find that philanthropy can be done efficiently without geographic restriction and political interference. Now can directly and anonymously donate cryptocurrency to people want to help and can also know whether they receive the money or not. Thus, decided to build Charity DAO to contribute to international humanitarian aid.

CharityDAO (CHD) Basic Point Table

Who Are The Founder Of CharityDAO (CHD) ?

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CHD Price Live Data

CharityDAO The live CharityDAO price today is $0.052717 USD with a 24-hour trading volume of $587.39 USD. update CHD to USD price in real-time. CharityDAO is up 0.06% in the last 24 hours. The current CoinMarketCap ranking is #6248, with a live market cap of not available. The circulating supply is not available and a max. supply of 7,600,000,000 CHD coins. Charity DAO is a decentralized charitable organization that aims to make charity simple and more efficient without political interference and geographic restrictions. Currently Charity DAO has established partnership with about 50 countries and districts’ charitable organizations around the world, and they made their first cryptocurrency donation to Ukrainian Red Cross Society for humanitarian assistance.

Governance Structure

Donors: Donors are the starting point of the Charity DAO organization. By donating cryptocurrencies such as BNB, they receive CHD tokens, participate in the governance of the DAO, and get the dividends of CHD.

Treasury: The Treasury will accept BNB donated by donors and, produce the corresponding amount of CHD tokens according to the mining algorithm. 80% of the CHD will become rewards for the donors and the remaining 20% will be put into the Public Donation Pool. And 95% of the BNB in the Treasury will be used to maintain the value and liquidity of CHD, and 5% of the BNB will be used for rewarding volunteers and occasional airdrops of DAO.

CHD Economic Model

CharityDAO Value linkage. When the Treasury exchange ratio is lower than the market exchange ratio, donors will choose to obtain CHD by donating to the Treasury. As donations increase and more CHD flow into the market, the Treasury exchange ratio will be higher than the market exchange ratio, then a proposal will be initiated through the DAO to determine the timing and amount among the 95% BNB in the Treasury to enter the market, to make the Treasury exchange ratio lower than the market exchange ratio. Thus, the DAO will initiate the next stage of the cycle.

Design Concept

Addresses define identities. Following the rights confirmation standard of addresses as identities for the world of Web 3.0 and introducing decentralized governance, They designed Binance Smart Chain-based Charity DAO, a blockchain-based smart contract product connecting a group of decentralized people. Consequently, in Web 3.0, philanthropy will not incur any problems related to political positions or legal matters due to individual identities.

The Charity itself means value

Charity creates value in humanism, and it deserves to be recognized and rewarded, so we introduce the CHD token, which will be used as a reward for donors. Some of the donated coins will be used to maintain the liquidity and value of CHD so that more people can recognize and participate in the whole ecosystem of Charity DAO.

Faq Of CharityDAO