COWIN – Let’s Win COVID, a cryptocurrency token that was launched 1 week ago to build a fundraising platform for covid19 patients and survivors, is being built on the Binance Smart Chain ecosystem and has since been determined to wield the power and internet culture to change the face of charitable giving.
COWIN ($COWIN) is a digital currency that distributes it to community-chosen causes and in rewards to its users. By collecting transaction fee from all token transactions, rewards are distributed evenly between the community investors. Instead of collecting a transaction fee, COWIN collects a total 6% fee in which it burns 1% of every transaction and distributes 5% back to the COWIN token holders.
After the development of the platform, the community members will be able to organize the causes, maintaining, administer, and scale the project COWIN. COWIN is currently led by its principal developer Xavier who is building the team, constantly expanding and is committed to further develop its operations.
According to the founder, Xavier, the community will decide the direction of the support considering the need of covid patients and survivors. The community can vote on the charity campaigns that will receive the donated payments. This process of voting allows every owner of COWIN tokens to have a say in the charitable causes they support and the future direction of COWIN.
Considering the exciting initiatives, Xavier, founder of Project COWIN explains: “COWIN has a strong goal of serving as a ‘gatekeeper’ for digital initiatives to scale and reach to the real world where Covid patients and survivors are in need.”
“The cryptocurrency space is powerful with its supporters are willing to help change the world. Charity is the base of the COWIN ecosystem furthermore we aim to future proof this by expanding our platform.” He added.