TGAO - The Relief Coin project
Meet, TGAO coin, this wonderful new coin is very new but has some incredible plans for the future.
Alot of you may already know me as the GanjaCoin Dev, those that got to talk with his know what kind of person he is and although he's been hard at work with GanjaCoin's newest Hardfork. He's mind has been elsewhere with everything that has been going on in today's world from the hurricanes/earthquakes and other victims around the world, he feels we can do something about it together as one with a blockchain for the people by the people.
He has had this project in his mind for a while now and there is no better time than now to do it! He feel really strongly about this project and want to thank all future investors and supporters now before we get into anything.
Let's get down to some details, TGAO coin is a POS / Masternodes Coin on the x11 Algorithm with a block time : 3.5 - 5 mins, varies depending on difficulty with a total supply of 100,000,000 coins, of which a premine of 7.5 million TGAO was created to be; 4 Million ( Reserved for staking to help any crisis that happens all over the world)3 Million TGAO to be sold to Future MN holders & stakers @ 500 sats to help pay for exchange listing / hosting cost yearly ( Network Fund) and another 500,000 for bounties and social media competitions.
A Master Node will cost you: 50000 TGAO or around 0.1btc at the time of printing this article ROI (return on investment) is 150% over 1 year, that is the cost of your node back in 1 year and a licence to print money there after
So how does the Charity part work ?
The TGAO coin website will have a request form where anyone can fill out a request for help. All that is required is to fill out the form describing the crisis and also list a charity that we can donate to along with contact information. Then the TGAO team will list that request within the blockchain so all users can see and vote on it. "We would love users to check the Help Tab daily as we want voting to end quick so funds can get sent out even faster." -Ganjaman
I am told that TGAO will not charge for votes those will be free. Every user will get 1 vote a day and will get a say to where the RESERVE FUNDS goes. Once voting has finished The TGAO team will then remove the amount of TGAO coins and convert to funds that they can send. Then they will contact the charity to get details on sending all funds . If for any reason they are unable to send funds they will state what happened and try to find another route, one must love transparency in crypto!
They also dont want to limit causes to just BIG crisis. They want to help out everyone, even in family matters such as sudden deaths, Home repairs , Basic items as food and shelter. "We will leave a section open for small crisis but if we see scams trying to take place we will have to either remove that section or ban the scammers from the project altogether." - Ganjaman
The voting system will have multi-able checks to ensure users are not trying to dupe the system in any way . any USERS caught duping the system will lose their account and be banned from using the website.
With that being said users will also be able to send in their own funds to help along with the reserve. Those users will get Fame in The TGAO Donation Wall( If users wants to be known).
Reserve wallet will always be live so everyone can see the balance . All donations from the reserved will be logged and showed in detail where money has gone like so .
Want to know more ? Check out these links below.
Homepage: http://reliefproject.us/
Discord: https://discord.gg/wZmKWR6
Hey @kultus, great info on Bitcoin! Thanks for sharing. The markets are fun right now and it's great to have the updates from good content here on Steemit. Cheers!
Thank you for the warm welcome, it's my first article :)
For future viewers: price of bitcoin at the moment of posting is 9220.50USD
Living up to your name, thanks for the welcome :)
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