According to community volunteers, CharityDAO will launch a large-scale airdrop event on February 29th. It is estimated that 76 million CHD tokens will be distributed to participating users. The current method of interaction is not yet known. This is another popular Social-Fi project announcing an airdrop following friend.tech’s high-profile announcement last week.
Benefiting from the development of the social ecosystem over the past year, social media continues to attract attention in 2024, and the return of the crypto bull market is bringing more market confidence. CharityDAO is currently one of the hot topics in the social finance section, having been operational for 3 years with over 40,000 token holders. Previously, due to hosting humanitarian aid campains in 18 countries and regions around the world, CharityDAO was featured in FOX news reports, thereby it is known to more people.
CharityDAO is a decentralized charitable autonomous organization, grounded in the concept of social finance, aiming to make charity simpler, apolitical, borderless, and efficient. It has established contacts and cooperation with charitable organizations in more than 50 countries and regions worldwide, including the Ukrainian Red Cross and the Water Foundation created by Matt Damon. It has developed AI tools and the charity website Lets Help, and has hosted charitable aid activities in eighteen countries and regions, including the Philippines and Zambia.
CHD is the token for the CharityDAO project, based on the BSC chain, with a total supply of 7.6 billion tokens. 0.04% of the initial circulation, amounting to 3.06 million tokens, is distributed through airdrops, 4.96% is used for community activities and liquidity management, and 95% is generated through exchanges with BNB from the treasury. There are no reserves for the team, no private sales, and the initial exchange rate is set at 1 BNB = 107,000 CHD. The earlier the participation, the higher the exchange ratio.
Currently, CharityDAO is still in an early stage, with only 3.06 million tokens in circulation in the market. The ways to obtain CHD are limited to:
- Airdrops for volunteers;
- Incentives for social activities (airdrop on February 29);
- Liquidity incentives;
- Exchange on the official project website (not yet open).
CHD is now listed on PancakeSwap, with a current price of 0.05418 USDT at the time of writing.
Over the past two years, the cryptocurrency community has encountered significant challenges. Despite this, CharityDAO has stood strong, focusing its efforts on advancing global charitable initiatives within the crypto space rather than being hindered by market downturns. During this period, CharityDAO successfully implemented humanitarian aid projects in 18 countries and regions, including notable efforts in the Philippines and Zambia.
Currently, CharityDAO boasts nine multilingual online communities. Its largest community, comprising English speakers, boasts over 25,000 members, while its official Twitter account has amassed a following of 33,000 users. These numbers reflect the dedication and increasing popularity of CharityDAO in recent years.
In a recent announcement, CharityDAO revealed the completion of its initial liquidity lock and issued a call for more volunteers to participate in similar initiatives. With a series of upcoming events and an airdrop scheduled for February 29th, speculation abounds as to whether CharityDAO will become the pioneering Social-Fi project to invigorate the market. Only time will tell.
For more information please visit:
Website:https://charitydao.co
Twitter:https://twitter.com/theCharity_DAO