Currently, the cryptocurrency market is in such a downtrend that it doesn’t look appealing to retail investors. Events like the LUNA crash or the collapse of FTX don’t help the situation either.
Some investors have abandoned cryptocurrencies completely, while others see the current situation as a time to look for new opportunities. In the meme coin space, everybody tries to find the next Shiba Inu (SHIB) or Safemoon, both coins which in 2021 gave lucky investors returns of over a thousandfold on their initial investment. Kids Inu (KINU) might be a perfect candidate to repeat those extraordinary gains.
Kids Inu: Proof of Donation
Community is one of the most important factors behind coins/tokens, such as SHIB. Another thing that brings value to a token is charity. People feel better when they give, so it is a plus factor if a project aims to support a good deed. However, some developers end up deceiving their investors as they run away with funds meant for charity.
On November 9, 2022, Ethereum founder Vitalik Buterin mentioned that projects should send their donations straight to the charity they wish to support, which would put the charity in direct control of the given funds. (1) This gave rise to the birth of Kids Inu (KINU), an Ethereum-based token that supports the “Save the Children” charity.
Of each KINU/ETH trade, 2% is added to the liquidity, which at the time of writing is locked for 6 months, and another 2% is sent straight to Save the Children’s ETH wallet. These transactions are verifiable on the blockchain, giving unquestionable proof of donation. As the transactions take place on the blockchain and the ownership of the token is renounced, the funds are sent in a secure and immutable manner.
Why Save the Children?
The 21st century is an era of immense technological advancement; the rise of cryptocurrency is a great example.
Unfortunately, in 2022, all over the world, children still die from preventable causes, miss out on education because of poverty or gender, suffer from violence, exploitation, and neglect, and are vulnerable in times of crisis. Save the Children supports these kids who need a powerful voice to stand up for them, work on their behalf and improve their lives (2)
Kids Inu aims to build a powerful community that not only donates a percentage of a KINU trade to Save the Children but also wants to raise awareness about the issues that the organization is trying to solve.
Currently, scandals such as the LUNA or FTX debacle overshadow the cryptocurrency space. However, Kids Inu can be a glimmer of hope many are looking for: a dog (inu) token that gives back to humanity. All the above, combined with a chance to repeat the financial successes of coins such as Shiba Inu or Safemoon, might be the start of something wonderful.
Kids are the future. Together, we can build a better world for tomorrow! Will you join us?
Kids Inu Socials and website
Contact address: 0x6E83E5C738dB6805Ce334d586c2575deEcA2E8c9
Website: https://kidsinu.org/
Telegram: https://t.me/kidsinu
Twitter: https://twitter.com/kidsinu
Email: kidsinueth@gmail.com
Sources
(1) https://www.savethechildren.org/us/what-we-do/global-programs
(2) https://twitter.com/vitalikbuterin/status/1590473524220952577?s=46&t=sdiaLm-tOr1W65LWn9Ksvw