Create Ubuntucoin and DAO Platform for Nobody Likes Poverty Charity Foundation
This is a mission for raising funds for developing a decentralized autonomous platform with a voting system for distributing a new Cryptocurrency that will be used for charity and eradicating poverty.
A Cryptocurrency for Poverty Eradication
Ubuntucoin: A Humane Coin Backed By Kindness, Charity, Human Capital, Energy And Resources.
•Mission: Ubuntucoin is a cryptocurrency project aimed at creating wealth and alleviating poverty in the world through a simple decentralized financial system based on the African philosophy of Ubuntu – “I am because we are”.
•Tokenomics:
– Total supply of 1 trillion coins, with gradual release of new coins to control inflation
– No pre-mine – fair launch with equal opportunity for everyone to acquire coins
– Transaction fees redistributed to all holders (similar to BNB tokenomics) to incentivize adoption
– A portion of transaction fees used for community development projects in line with Ubuntu philosophy
•Key Features:
– Based on Binance Smart Chain for fast, low-cost transactions and compatibility with DeFi ecosystem
– Governed by the community through a DAO with voting rights proportional to holdings
– Partnerships with major charities and community organizations worldwide for implementation of projects
– Seamless mobile-based payments and banking for the unbanked through strategic integrations
•Growth Plan:
– Build strong community through social media marketing and word-of-mouth
– Pursue listings on major exchanges to increase visibility and accessibility
– Form strategic alliances with governments, brands and influencers across Africa
– Sponsor community development projects to drive real-world adoption and impact
•Projections:
Year 1: Price rises 10x from $0.01 to $0.10 as major milestones are achieved
Year 2-5: Strong growth to $0.50-$1.00 with over 1 million users/holders
Year 5-10: Price stabilizes at $1-$5 as Ubuntucoin becomes widely used in Africa with over 50 million users
In summary, Ubuntucoin has the potential to become the leading cryptocurrency in Africa through a philosophy of empowerment, community-building and creating real socioeconomic value. With the right execution, partnerships and community support, Ubuntucoin can reach a market capitalization of $5 billion to $50 billion in 5-10 years while uplifting millions out of poverty.