COVID19 COIN (COVX) - A deflationary crytocurrency to support Covid19 causes

[Saparveez]

COVID19 COIN (COVX)

Covid19 Coin, also known as COVX or the Corona Help Coin, is a cryptocurrency which exists to support social causes.The ecosystem is built upon the Ethereum Blockchain and the economy is deflationary, where there are 1 Billion coins in the beginning which will burn out 1% with every transaction to a final supply of 400 million.

Also, there are 400 million coins held in the 'Master Cause' wallet which are released gradually toward causes related to the novel coronavirus pandemic. Anyone with a legit cause can list it on the site, there will be three causes choosen every week via voting to who the winning amount is donated in the ratio 5:3:2 or 50%, 30% and 20% respectively. Whenever a COVX transaction takes place, 2% of the equivalent transaction amount will be designated for release from the 'Master Cause' Wallet to the winning causes.

In the future, the voting process will take place via a Blockchain based DAO (Decentralized autonomous organization) on 'Aragon' network, where the COVX coin holders will govern the direction of the platform. Every decision such as donation amounts, cause listing criteria, the frequency of donations etc., will be decided via voting by the coin holders.

        

Website      |    Lightpaper

Join Airdrop

https://www.linkedin.com/in/syed-asif-parveez-a7749360/
https://www.linkedin.com/in/dameon-green-20994556/

[AmoreJaz]

another covid-related coin in the making...a lot of them already exited. guess how long this one will stay here???
 pls stop using these covid causes if youre not in any way serious about helping people. if you are indeed serious, are you going to disclose the team members?

[Saparveez]

Of course we are here to help the causes! We are a network of social workers based across different geographical areas doing our part to help the needy, we will proudly present our team to everyone very soon :-)

[Rikafip]

This looks to me like just another useless project that wants to profit from current covid-19 pandemic. We've seen quite a few of those lately and this one doesn't look any different from other such attempts. As always in similar cases, team identity is not revealed, and that's something you would expect from such a philantropic cause. Huge red flag for me.

How not to be allergic to  altcoins when most of them doesn't make any sense at all...

[andriyana]

Do you work alone for the COVID19 COIN (COVX) project? I don't see your team in this thread or on the website. ? if you have a team you have to add it on the thread or website to complete a project

[Saparveez]

I have now added our core team to the post here. Both of us are working on different causes related to the pandemic and wanted a platform that can expedite things up for the healing.

[Wapinter]

another covid-related coin in the making...a lot of them already exited. guess how long this one will stay here???
 pls stop using these covid causes if youre not in any way serious about helping people. if you are indeed serious, are you going to disclose the team members?

Nowadays we have a coin for everything. Soon we will have flu coin, anxiety coin, depression coin too  

[Saparveez]

Guys, we intend to create a ecosystem where chairty flows to the needy automatically, we need your support to let this grow.. Please do join the airdrop on http://covid19coin.io/join-airdrop/ to claim your free tokens :-)

[dgreen899]

We are here to answer any questions..
We may work on other small projects..however, this is our focus now...connecting others to causes and building a new platform.

join airdrop below:

https://covxcoin.typeform.com/to/LFSWIycx

regards,


Dameon