The founder of Vitalik Buterin and founder, Jun Hasegawa, have aired they are donating the equivalent of $1 million USD in OMG tokens directly to refugees living in extreme poverty using GiveDirectly platform as the deliverer of the fund.
The donation is what analyst brand extravagant generosity and it is coming just at the same time Ripple donated Ripple $ 29 million worth in XRP to support public schools in US.
, “The crypto economy has grown immensely over the last year, bringing a great deal of wealth to many people and organizations within the ecosystem. In part we simply see an exciting opportunity to share that wealth. We hope the fortunes made in the crypto space will lead not to extravagant lifestyles but to extravagant generosity.”
Speaking on the charity action, Omisego in a statement co-authored by GiveDirectly, Omisego, and Ethereum, says “this means delivering financial self-sovereignty through disintermediation. Blockchain technology offers the means to deliver this on a scale that has never been possible before, and OMG believes it can use those means to change the world for the better by decentralizing personal finance.”
In the same statement, Omisego says it is working to decentralize the means to own and wield purchasing power by creating a disintermediated system for storing, transferring and exchanging assets.
Commenting on the generosity, the statement made known that “more than 65 million (are) displaced from their homes…Many also find it difficult to re-enter the formal financial system as they lack appropriate local documentation. They are precisely the people we wish to see benefiting from the “unbanking” effect that OMG is designed to create. We’re excited to plug them back in, transfer funds, and let them get to work.”
A day before the donation was made known, GiveDirectly declared it has flagged off ‘Cash for Refugees’ to take care of the downtrodden in corners of the world since 2017 without a good turn out from people.
“Today, we’re launching a product to enable large cash transfers to refugees. We’re starting with Uganda, where despite very limited resources, more than 1.4 million refugees are being granted basic rights (like education, land, and the right to leave settlements or become a citizen). We kicked off a pilot in 2017 and are looking to scale significantly over the next year, with your help.”
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is a blockchain platform for distributed financial applications (DApps). We design, build and host a wide variety of DApps. From simple token trading DApps to complex financial applications.
Token Changer is giving away three percent of its total mint in one of the largest and longest airdrops ever done. Our intent is to build an informed and engaged community that has a stake in the future success of the project.
Before our Initial Coin Offering (ICO), you will be able to earn block points (this is like air miles) by engaging with the Token Changer project. At the end of the ICO, block point holders will share 1.5% (15,000,000) of the total number of tokens minted by Token Changer. Those that vest their block points for twelve months share another (1.5%) 15,000,000 tokens.
You should vest your block points for the following reasons. The Token Changer platform is ninety percent complete. We have an incredible DApps development plan. With a motivated community backing us, everything is possible.
Our the next five years, our primary focus will be to build DApps for , trading and tranferring stable tokens.
Our plan addresses three huge markets. One, the market for stable tokens -think multi-currency tether. Two, the inter trade of these and other tokens on the blockchain –. Three, the use of stable tokens to transfer value -think faster and cheaper western union.
You can earn block points by taking part in many activities leading up to our . Apart of joining our telegram group, you can pick and choose which activities to take part in. The rest of this article outlines ways to earn block points during this airdrop.
Join Our Social Media Channels
We use social media channels to communicate block point earning activities. So, if you want to get information about activities at the right time, it is a good idea to join our , and groups.
In particular, you get registration block points for joining our telegram group. As an incentive to join our other social media channels, we award higher block points for activities posted on the twitter and reddit channels.
Play Mind Meld
Mind Meld is daily trivia about Token Changer posted in one of our social media channels. This could be on telegram, twitter or reddit. The trivia would have a number and reward code. You need to enter the reward code in our airdrop DApp to earn block points for that Mind Meld.
Tell a Friend
You can earn Block Points when you get a friend to join our telegram group. Your friend must enter your ethereum address as the referral address during registration. If any of your referrals is disqualified for not following the rules, the referral block points will be subtracted from your total.
Why would your friend bother to add you as a referral during registration? Because, referred community members get bonus block points during registration.
Activities & Block Points
The block points earned for each activity is as follows.
Joining our telegram group: 625 block points
Referral bonus: 250 block points
Referred bonus: 125 block points
Submitting a reward code for a Mind Meld: 40 to 60 block points
Block Points & TOC Tokens
Block points are non tradable and non transferable tokens. The TOC is a market traded and transferable reward token. Token Changer will mint a total of one billion TOC tokens. Twenty percent of this is set aside for the long term redemption of block points earned on the platform.
Thirty percent will be sold during the ICO. Another three percent (of TOCs) is been used to redeem block points earned during this airdrop. This three percent has a potential value of $4.5 million (USD) at ICO time.
After the ICO and verification of registered participants, half of the three percent will be exchanged for block points. This is optional, you can choose not to exchange at this point and vest your block points. After the 12 months vesting period, the other half will be exchanged for vested block points.
Next Steps
Join our telegram group. This first step is compulsory. Next, use this form to link your ethereum address to your telegram user name. Finally, use your linked ethereum address to register on our to receive your first 625 block points.
To recap, join our telegram group. Link your ethereum address to your telegram username by completing this form. Register your linked ethereum address on our airdrop DApp.
Block points earned by an ethereum address on the DApp will be frozen, if the address is not linked to a user name on telegram. We will use or similar tool to verify this linkage.
Useful Links
Telegram & Airdrop DApp Linking Form
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was originally published in on Medium, where people are continuing the conversation by highlighting and responding to this story.
Lumi team is happy to announce about launching a token listing in our wallet.
Sometimes token holders face with some inconveniences and difficulties keeping tokens in different wallets. We try to meet all customer’s needs and give you a chance to choose which tokens should be listed in our wallet first.
and enjoy the use of the most user friendly wallet!
Don’t forget to leave a feedback and share your opinion in comments!
was originally published in on Medium, where people are continuing the conversation by highlighting and responding to this story.
