GlobalGive Finance
By: Adria Parcerisas Albés
Tags: Governance, Globalive, Charity, Deflationary Token, Donations

Introduction

Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. Moreover, another main reason why cryptocurrencies are more fashionable is because we know that traditional banks, as modern as they want to be, have an old-fashioned culture and mentality. Beyond the typical financial instruments, they have only evolved to provide some online services. Now, with the emergence of DeFi (decentralized finance), a world of financial instruments is opening up, accessible, open and without permissions for anyone with a cell phone or a computer connected to the Internet. It is a movement that takes advantage of decentralized networks to transform old financial products into transparent protocols that work without intermediaries.

For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

Moving on, the project I’m going to present you is GlobalGive (https://www.globalgive.finance/), a rotatory Charity Token representing a ground-breaking option for Charities to raise funds in an ever-changing world.

Exlpaining GlobalGive…

In more detail, GlobalGive (https://www.globalgive.finance/) is a Blockchain-based project created as a unified cryptocurrency platform that is governed by the community itself, in order to integrate charities from everywhere and of all kinds. The community itself will decide which entities enter the ecosystem and what donations they receive.

It should be noted that GlobalGive is based on the principle of transparency so that each GlobalGive member is fully detailed on all platforms within the ecosystem. On the other hand, GlobalGive’s token economy aims to facilitate charitable efforts and thus ensure growth of it. To introduce the token a bit, some of the interesting and important functionalities and features are progressive “toxic whale” tax, bot killer tax, automatic liquidity pool (LP) generation, dedicated charity portfolios, and static reflection.

GlobalGive’s main goal is to provide a platform driven by the GlobalGiver community itself, to raise awareness for different causes and donate to more charities on a monthly basis. Leveraging the technical and experienced team in decentralized finance, GlovalGive wants to create a better world by dedicating its efforts in the charity industry to increase their donations and their funds for worldwide aid.

How does it work?

The idea of GlobalGive is to have a token that serves to carry out the project in a way that serves as an investment model for users and at the same time, as a donation method for charities and other projects.

GlobalGive will make available a single wallet with 5% of the total GGIVE tokens, which will go to different charities and projects. The mission is to collaborate with different NGOs, creating an individual wallet for each of them, and transfer the number of tokens the community chooses towards it to help them thrive. The same way will be applied to the funding of projects.

List of main features provided by GlobalGive

Supply : a total of 1,500,000,000,000 tokens will be available.

: a total of 1,500,000,000,000 tokens will be available. Charity : GlobalGive has created a unique wallet dedicated to charity, which will hold 5% of the total supply and will be where all charitable donations will come from.

: GlobalGive has created a unique wallet dedicated to charity, which will hold 5% of the total supply and will be where all charitable donations will come from. Development : Another wallet created by GlobalGive that will support another 5% of the total supply and will be used to fund marketing and enter various exchanges.

: Another wallet created by GlobalGive that will support another 5% of the total supply and will be used to fund marketing and enter various exchanges. DeFi : GlobalGive aims to be a fully decentralized financier charging a 10% fee for each transaction within the BSC network, of which 2% will automatically go to GGIVE holders, another 2% will be burned, and the other 6% will go to liquidity funds.

: GlobalGive aims to be a fully decentralized financier charging a 10% fee for each transaction within the BSC network, of which 2% will automatically go to GGIVE holders, another 2% will be burned, and the other 6% will go to liquidity funds. Redistribution : Unlike other projects, GlobalGive aims to give more to those who have been logging more time.

: Unlike other projects, GlobalGive aims to give more to those who have been logging more time. Whale tax: To favor holders and also small investors, which is never done, the platform will also charge an additional 10% to those users who sell more than 0.1% of the total supply of the token.

To favor holders and also small investors, which is never done, the platform will also charge an additional 10% to those users who sell more than 0.1% of the total supply of the token. Liquidity and burn: LP tokens will be blocked for at least 4 months in order to ensure the continuity of the token, and to encourage the migration of Pancakeswap. During these 4 months, however, users will be rewarded as token holders.

Token details

$GGIVE will be the GlobalGive token, a revolving charity token that represents an innovative option for charities to raise funds in an ever-changing world. In order to capture the attention of investors, the token will have different utilities such as: providing greater investor protection through various mechanisms that reward investors for holding GGIVE through static reflection, and/or giving financial support to charities, thus, a portion of the platform’s monthly profits will go towards it.

The token is based on the Binance Smart Chain (BSC) network under the BEP-20 protocol for smart contracts, which is a blockchain network built for running smart contract-based applications, which allows users to get the best of both worlds: the high transaction capacity of BC and the smart contract functionality of BSC. What is special about Binance Smart Chain is its low fees and fast transaction speed, but what is even more special is its compatibility with EVM (Ethereum Virtual Machine). Due to EVM compatibility, DApps developed on Ethereum can be ported (imported into Binance Smart Chain as-is), and Ethereum wallets like Metamask can be used as-is.

Bounty program

The project gives the opportunity to earn GGIVE tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Thread here (BTT_Thread_GlobalGive), where you can access the link in order to see what are the conditions to become an early GlobalGive contributor and start acquiring tokens.

For more information about the project, you can visit and read their WhitePaper available here (GlobalGive_WP). You can also stay tuned in their official Telegram Channel (https://t.me/globalgivetokencommunity). I hope you liked the post and soon I’ll send you new ones.

Conclusion

GlobalGive is an innovative project that has created a token capable of raising funds for charities while generating wealth for investors. With the idea of generating a unique and exclusive wallet for charitable donations, GlobalGive aims to help organizations worldwide and fund other projects that are voted by the community itself. Remember, the token is also a governance token, so the token holders decide which projects to donate to and how much to send.

Social Media Links

Whitepaper: https://pdfhost.io/v/gF29NitGV_GlobalGive_Whitepaper.pdf

Reddit: https://www.reddit.com/r/globalgive/

Twitter: https://twitter.com/globalgivetoken

Telegram: https://t.me/globalgivetokencommunity

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Author Details

Email: adria.parcerisas.albes@gmail.com

Bitcointalk username: adriaparcerisas

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482

GGIVE Coinsbit wallet: 0x064D08582995dEA0e555Ed707756E77dB62f3BF3

Bitcointalk Proof of Authentication link: https://bitcointalk.org/index.php?topic=5342147.msg57251809#msg57251809