2GIVE is the next generation PoS based cryptocurrency, designed to support socially responsible stewardship. The crypto and the blockchain are supported by the Strength in Numbers Foundation, a non-profit foundation. Donating to a charity can often mean donating a percentage to payment processing companies or other intermediaries, while revealing your financial and personal information online. With 2GIVE, this process is 100% secure. Suppose, you donate 10 cents or a thousand euros or other fiat, the recipients get it all, directly and securely without intermediary parties. In the process you are rewarded (TXFEE), through a transaction fee of 1%, because you use transactions and the network to keep it safe. A reward that you can earn yourself by running the wallet, which you can download from the website!
“It’s Better 2Give”
2GIVE makes it easy to support your favorite non-profit or pro-social cause and can be used to forward it through social tipping with the 2GiveCoin. The coin is a hybrid cryptocurrency that benefits from the open source and transparency of bitcoin, but instead of just using PoW it also uses PoS. PoS stands for Proof-of-Staking and makes it possible to earn crypto with your computer without using it for mining.
“The innovations of Bitcoin and it’s alternatives are amazing, unprecedented and growing at an exponential pace: our aim is to capture this momentum to make the 2GIVE community an active platform for charity and a hub of social awareness.”
Strength in Numbers Foundation generated the 500 million coins in the first 500 blocks of the blockchain through a worldwide seed node network. New coins are generated through the staking process, allowing crypto holders to repay themselves 5% per year of inflation monthly, while network users can compete for the 1% transaction fee, which is part of each transaction.
By Jeroen Modified 06/08/2019