I have been working on a project doing environmental works called EverGreenCoin for years. The project recently was in the top 287 teams for the XPRIZE early funding rounds. We sadly did not recieve funding but are still proud to make it as far as we did in the judging againt 1000+ other teams. The grand prize of up to $50,000,000 will be given out in 2025 and i would like to win that prize and lock EGC/HIVE liquidity $1,000,000 worth of each coin. To win i need your help, there are many ways to help the project from tax deductible donations to the 501c3 public charity to building your personal crypto savings. I will cover several but likely not all way you can help within this blog.
We have all of the options a traditional charity has to support The EverGreenCoin Foundation, US tax payers can make tax deductible donations, write off donated goods and services as well as utilize things like Amazon Smile and HumbleBundle while making purchases. We also have a number of newer tools provided by the use of crypto. We have the coin itself that is useful for fund raising, micro transactions and, as a community organization tool. We can stake for charity from a core EGC node to make your growing personal savings of EGC help support a charity of your choice, we can utilize liquidity pools and automated market makers to help pull value into the currency from global market fluctuations while building personal savings, there are also likely other functions of crypto we can utilize to do good i am not aware of.
If you make a fiat or crypto donation to The EverGreenCoin Foundation you can add a note or contact the foundation to make sure your donation supports the project you want it to or, the foundation will decide with the community at one of the Saterday public meetings how the donation can best be utilized. At this time Walmart community grants are covering overhead of the foundation so 100% of all donations can go directly to the cause of the donors choice.
The use of fund raising services provided by large corporations is fairly easy and straightforward, Amazon Smile cost the same but Amazon donates part of every purchase you make to the charity of your choice, please set it to support The EverGreenCoin Foundation. You can donate from pay pal, or set up your ebay store to donate a percentage, you can also utilize things like flower sale fund raiser and humble bundle offers to support EGC or any other traditional charity you want.
Now lets talk about how EverGreenCoin currency is useful. The currency itself was decentralized by Proof of Work and then shifted to Proof of Stake to be more energy efficient. Core nodes stake at 7% and you can use the in wallet drop down to pick a charity to share your stake with or manually enter an address of your own choosing making it easy to set it and forget it while it helps raise funding for a good cause of your choice. The ability to send low or no fee micro transactions allows us to reward small tasks to encourage education and action. Using EGC to reward tasks we want done helps organize community efforts. EGC is a great way to introduce new people to crypto because they dont need money, just some time and the will to learn. Several of our community members EGC was the first crypto they have ever used so has proven to be a good crypto introduction and educational tool.
Last but not least lets review how Liquidity pools and automated market makers services can add to our already successful charity efforts at EverGreenCoin. Essentially i want you to earn or buy EGC and then back it with HIVE or your other favorite cryptos so you earn %APY on your savings while making it possible for others that need to sell to be able to. The negative market pressure philanthropy creates we will outweighe by positive market pressure that will add value to the currency and your personal savings over time as well. Some compilicated math can go into finding the liquidity and volume needed to outpace the negative market pressure the philanthropy causes but in general the more that is in diversified markets the better, it only increases profitability the more we add. This happens without a need to constantly find new buyers but by the fluctuations of other global markest like HIVE, BTC, LTC and, XAUT. When the markets move automated market makers will buy and sell assets collecting small amounts of each that will be added to the liquidty provided as profit for the providers. The use of an account no one has the keys to (not even me) for locking liquidity into markets creates ever growing liquidity and coin sink adding value to both paired currency over time and is how i plan to utilize EGC/HIVE liquidity purchased by XPRIZE grant funding. In the mean time you can help build EGC/HIVE liquidity to earn both coins every time markets shift, this will help us win the prize money to buy $1,000,000 of HIVE to be used in this way.
XPRIZE Team Map
(we are team simple solutions)
https://www.xprize.org/prizes/elonmusk?utm_source=XPCR_+287-+Milestone+Submission+Email+4-12-22&utm_campaign=10d2af614c-EMAIL_CAMPAIGN_2021_08_09_08_26_COPY_01&utm_medium=email&utm_term=0_5c4233f09c-10d2af614c-391402021
EverGreenCoin web site
https://evergreencoin.org/
HIVE/EGC Liquidity pool
https://app.xbts.io/#/pool/XBTSX.EGCHIVELP