A charity token is a cryptocurrency that makes donations to specific charities on behalf of its investors. When you buy a charity token, you essentially become part of a community that believes in giving. But, how to choose the right charity token to invest in?
The key to selecting the right charity token is transparency. If a charity token is transparent enough to show you its activities, how donations work, how much tokens are allocated for charity, how charity tokens are utilised, how investors earn profits, etc., then it’s the right one.
SOUL token is a community-driven cryptocurrency token built on the Binance Smart Chain and committed to helping charities around the globe with the help of investors like you.
How does it work?
When an investor buys the SOUL token with the intention to hold it, they automatically start contributing to a good cause without actually donating anything. Here’s how.
For every transaction using the SOUL token, a 5% liquidity fee and a 5% distribution fee is automatically associated. While the distribution fee is used to reward the token holders for their efforts, the liquidity fee is used to create a liquidity pool to ensure token stability. The team will allocate around 5 billion tokens every once in a while for donation to selected charities around the globe.
The investors do not make any actual donations. They simply help the network grow by purchasing and holding the SOUL token. As more people buy and hold the token, the more stable the network will become and the more the value of the SOUL token will increase, enabling the team to create a bigger impact with the charity donations.
Why you can trust SOUL Token
SOUL token is as transparent as any charity token can get. The investors will have complete details of the charities to which the team is donating. They can see on the website details of the amount allocated for charity and how it is utilized for which charities and causes.
The charities to which the team donates are selected through an internal process. All donations are regulated so as to increase transparency and ensure stability in the token price. The team will also occasionally burn a predefined number of tokens to increase the market demand and value of holders’ tokens. To ensure sustainability, an equal number of tokens are allocated for donation.
For a better understanding of the project and what’s in the store, you can also check out the SOUL token roadmap available on the website.
The SOUL token sale (ICO/IDO) is currently in progress and will end on 28th June 2021, following which the token will start trading on the PancakeSwap exchange.
Invest in the most trusted charity token today!
The primary aim of the SOUL token is to help those who are the most in need. There are millions of people around the world who suffer due to the lack of even basic things like food to eat, clean water to drink, and a place to live. By investing in the SOUL project, you can help these people directly without actually having to spend a dime.
To become a part of the change, start investing in SOUL Token today. http://soultoken.fund/whitepaper.html
Facebook -https://www.facebook.com/soultokenslt/
Twitter - https://twitter.com/soultokenslt
Telegram - https://t.me/soultokenslt
Youtube - https://www.youtube.com/channel/UCgq0ULi0iQuBq62W82OC9iw
Linkedin - https://www.linkedin.com/company/soul-token/about/?viewAsMember=true
Instagram - https://www.instagram.com/soultokenslt/
Pinterest - https://in.pinterest.com/Soultoken/
Reddit- https://www.reddit.com/r/SoulTokenFund/