@elongateog uses DeFi to empower social enterprises and non-profit organizations, providing them financial tools to create real world change.
Backed by exceptional community & real tech they been building for years non stop!
Social Impact Supercharged
#EG🧵
Backed by exceptional community & real tech they been building for years non stop!
Social Impact Supercharged
#EG🧵
@elongateog
the social impact-focused cryptocurrency, has just upgraded to a new smart contract for V2, and will now be known as #EG
the social impact-focused cryptocurrency, has just upgraded to a new smart contract for V2, and will now be known as #EG
1️⃣ Socials
➡️Web: egtoken.io
➡️News: news.egtoken.io
➡️Twitter: @elongateog
➡️Discord: discord.com
➡️Telegram: t.me
➡️Web: egtoken.io
➡️News: news.egtoken.io
➡️Twitter: @elongateog
➡️Discord: discord.com
➡️Telegram: t.me
2️⃣EGToken project purpose
Leverages the power of blockchain and DeFi, EGToken is creating a platform that empowers social enterprises and NPOs, providing them with the resources they need to create real change in the world.
Leverages the power of blockchain and DeFi, EGToken is creating a platform that empowers social enterprises and NPOs, providing them with the resources they need to create real change in the world.
3️⃣ Vision
Create a world where social enterprises and non-profit organizations have equal access to capital and financial services, and where their efforts to create positive social and environmental impact are supported and amplified.
Create a world where social enterprises and non-profit organizations have equal access to capital and financial services, and where their efforts to create positive social and environmental impact are supported and amplified.
4️⃣ Mission
The platform is designed to provide enterprises and NPOs with access to capital and financial services that were previously unavailable to them, and to connect them with other organizations and individuals that share their values and goals.
The platform is designed to provide enterprises and NPOs with access to capital and financial services that were previously unavailable to them, and to connect them with other organizations and individuals that share their values and goals.
EGToken's mission is also to promote transparency and accountability in the social impact sector. By using blockchain, the platform enables users to track the impact of their investments and donations, and to ensure that they are being used with the intended purposes.
This promotes trust and confidence in the social impact sector, and helps to ensure that resources are being used effectively and efficiently to create positive social and environmental change.
5️⃣ Components
The EGToken project is built around three key components: the EGToken token (EGT), the Social Impact Portal (SIP), and the EGToken Foundation:
The EGToken project is built around three key components: the EGToken token (EGT), the Social Impact Portal (SIP), and the EGToken Foundation:
✳️1) EGT
EGT tokens can be used for various purposes, including as a means of payment for goods and services provided by social enterprises and NPOs that are part of the platform, as well as for staking, governance, and other DeFi activities.
EGT tokens can be used for various purposes, including as a means of payment for goods and services provided by social enterprises and NPOs that are part of the platform, as well as for staking, governance, and other DeFi activities.
✳️2) SIP
SIP is designed to be a comprehensive marketplace for social enterprises and NPOs, where they can showcase their products and services, receive funding and donations, and connect with other organizations and individuals that share their values and goals.
SIP is designed to be a comprehensive marketplace for social enterprises and NPOs, where they can showcase their products and services, receive funding and donations, and connect with other organizations and individuals that share their values and goals.
✳️ 3) Foundation
The EGToken Foundation is a non-profit organization that oversees the development and management of the project. The Foundation is responsible for ensuring that the platform operates in a transparent and accountable manner.
The EGToken Foundation is a non-profit organization that oversees the development and management of the project. The Foundation is responsible for ensuring that the platform operates in a transparent and accountable manner.
6️⃣ Achievements
The platform has already onboarded several social enterprises and NPOs and gathered over $3.7M with 25+ projects!
✴️Big Green: $800k
✴️Action Against Hunger: $475k
✴️Ocean Cleanup (@Mrbeast): $400k
✴️Human Relief Foundation: $350k
...many more!
The platform has already onboarded several social enterprises and NPOs and gathered over $3.7M with 25+ projects!
✴️Big Green: $800k
✴️Action Against Hunger: $475k
✴️Ocean Cleanup (@Mrbeast): $400k
✴️Human Relief Foundation: $350k
...many more!
7️⃣ Partnerships
🤝Big Green
🤝Action Against Hunger
🤝The Ocean Cleanup (@Mrbeast)
🤝Human Relief Foundation
🤝Headtails
🤝National Kidney Foundation
🤝TCG World
🤝Starship
🤝Mother Earth Foundation
🤝Big Green
🤝Action Against Hunger
🤝The Ocean Cleanup (@Mrbeast)
🤝Human Relief Foundation
🤝Headtails
🤝National Kidney Foundation
🤝TCG World
🤝Starship
🤝Mother Earth Foundation
8️⃣ Burn Party and EGSwap
EG Burn Party - Revolutionary new platform that allows holders and project creators to initiate, organize, and share deflationary token burning events, known as Burn Party, for some of the most popular cryptocurrencies on the BSC and Ethereum network.
EG Burn Party - Revolutionary new platform that allows holders and project creators to initiate, organize, and share deflationary token burning events, known as Burn Party, for some of the most popular cryptocurrencies on the BSC and Ethereum network.
EG’s decentralised exchange (DEX) offers all features found in a typical DEX but with an additional unique of sharing trading fee revenue with whitelisted projects. Every trade results in an EG token buyback and burn.
9️⃣ Tokenomics
Total Supply: 6,000,000,000 EG
1) Token Distribution
• Strategic Patners: 2%
• Community Development: 5%
• Reserves: 5%
• Cross-Chain Liquidity: 3%
• Marketing Fund: 2.9%
• Community Held: 82.1%
Total Supply: 6,000,000,000 EG
1) Token Distribution
• Strategic Patners: 2%
• Community Development: 5%
• Reserves: 5%
• Cross-Chain Liquidity: 3%
• Marketing Fund: 2.9%
• Community Held: 82.1%
2) Token Utility
• 1% Token Volume to Social Impact
• 30% Headtails Revenue Buyback & Social Impact
• 100% Salesforce Revenue Buyback
• 100% Burnparty Revenue Buyback
• 100% Whitelabel Revenue Buyback
• 10% Blockchain Agency Buyback
• 0,02% Daily Volume Buyback
• 1% Token Volume to Social Impact
• 30% Headtails Revenue Buyback & Social Impact
• 100% Salesforce Revenue Buyback
• 100% Burnparty Revenue Buyback
• 100% Whitelabel Revenue Buyback
• 10% Blockchain Agency Buyback
• 0,02% Daily Volume Buyback
3) Token Features
• No lopsided liquidity
• No reflections
• No secrets
• No centralized LP Token holding
• Open Source
• No auto burns
• No lopsided liquidity
• No reflections
• No secrets
• No centralized LP Token holding
• Open Source
• No auto burns
4) Funding Structure
• 5% EGToken buy fee
• 5% EGToken sell fee
• Revenue distribution from HT platform
• Fees from EG crypto exchange
• Revenue distribution from burn party
• Revenue distribution from whitelabel
• Revenue distribution from agency
• 5% EGToken buy fee
• 5% EGToken sell fee
• Revenue distribution from HT platform
• Fees from EG crypto exchange
• Revenue distribution from burn party
• Revenue distribution from whitelabel
• Revenue distribution from agency
🔟 Conclusion
In conclusion, EGToken is a promising project using blockchain and DeFi to empower social enterprises and NPOs. Through access to capital, financial services, and a marketplace, EGToken is working towards creating a more equitable and sustainable world.
In conclusion, EGToken is a promising project using blockchain and DeFi to empower social enterprises and NPOs. Through access to capital, financial services, and a marketplace, EGToken is working towards creating a more equitable and sustainable world.
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