Sustainable Giving
WHITEPAPER
"Our white paper outlines a sustainable giving model leveraging blockchain technology for transparency and efficiency. By utilizing cryptocurrency and KYC wallets, we aim to reduce administration costs and ensure donors' confidence in fund utilization. Central to this model is the Giving Wallet, exclusively distributed to KYC members of TOA, our official token. This wallet, issued annually at a 2.5% rate, serves as an Islamic endowment (waqf), enhancing trust and enabling impactful giving."
"In the realm of sustainable giving, the integration of Web3 technology presents a transformative opportunity to enhance efficiency, transparency, and accountability. Leveraging blockchain's decentralized ledger, donations can be tracked with unparalleled transparency, ensuring that every contribution reaches its intended recipient. Furthermore, by implementing rigorous Know Your Customer (KYC) protocols, we establish a trustworthy ecosystem, minimizing the risk of fraud or misuse. Introducing a business model with Token of Appreciation (TOA) adds a new dimension, harnessing the power of cryptocurrency and blockchain to incentivize participation and reward philanthropic efforts. Through innovative tokenomics, we create a sustainable wallet that allocates only 2.5% annually of all generated funds for philanthropy, ensuring long-term viability and impact. This holistic approach not only revolutionizes the giving landscape but also fosters a culture of collaboration, accountability, and sustainable impact". - M.R. Heft
In our innovative approach to sustainable giving, the giving wallet operates on a unique model designed to maximize impact over time. Before any distribution occurs, the wallet must accumulate a total of 200,000 TOA tokens. To achieve this, 100,000 TOA tokens will be acquired through on-market purchases on PancakeSwap. In addition the founders will match this amount, ensuring a robust foundation for sustained philanthropic efforts. Only once this threshold is reached will the wallet begin utilizing 2.5% annually of all generated funds for philanthropy, thereby ensuring a steady and impactful flow of support to deserving causes.
Total Token Allocation
This structure outlines a clear and controlled distribution and sale mechanism, with a focus on preventing market manipulation and ensuring all participants are verified and aligned with the project's goals.
Token Release Mechanisms
*Giving Wallets:* Programmed to release 2.5% of tokens on the market annually, starting with 200k tokens in the first year.
*OTC Giving Wallet:* Releases 2.5% of tokens off-market annually.
Founding Tokens
Market Sale Restriction: Founding tokens are programmed never to be sold on the market.
Key Objectives
Market Protection: Ensuring the project is protected against dumps through stringent sale limitations and KYC processes.
Philanthropy Focus: A significant portion of the tokens (98.8%) is allocated towards OTC memberships and philanthropic efforts.
Controlled Distribution: The annual release of tokens via giving wallets ensures controlled and predictable market supply.
