CanYa Community Charity Vote
We are incredibly excited to announce that AidCoin is the inaugural winner of the community voted CanYa Community Charity Vote.
As outlined in the CanYaCoin Asset Contract, we will donate 10% of the unsold tokens from our ICO to a charity pool. The charity pool is intended to go towards charitable organisations, to support for-purpose projects in the Web3 space, and to contribute to education in software development to support the growth of the blockchain and Web3 projects.
CanYa as an organisation believes in the pay-it-forward concept. As per the whiteapaper, 10% of all CanYa revenue goes to our charity pool via the asset contract.
AidCoin is a tremendous project that believes in creating transparency towards donations to charitable organisations. In some ways, it is fitting that our first donation is towards a company that is building a more transparent donating environment.
The AidCoin solution is very important due to the social distrust with the allocation of charitable funds in recent times. Charities have a tremendous role to play in the improvement of the most vulnerable, but it will only be a viable method if people can be assured that their money is getting to the places and causes it was intended to go.
We are delighted to help power the AIDChain platform as it aims to make the nonprofit sector more transparent.
Allocation of funds
The funds will be sent to AidCoin in batches over the coming four months. AidCoin has a number of exciting partnerships being announced in the near future. We will therefore allow our CanYa HODL club members to vote where the CanYa tokens are to be sent in line with the new charity partnership announcements!
CanYa will continue to donate to projects, as voted by our community, on projects that we believe are creating positive change within the blockchain ecosystem. We encourage as many members of our community to vote so that we can best represent the interests of those that support the CanYa project. Keep your eyes peeled for details about future Charity allocations or send us a note at email@example.com for more information on this initiative.
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