Blockchain ecosystem, FoodChain Global(FCG) has released FOOD token to make charitable donations more transparent. The organization plans to combat the problem of world hunger via NFTs, P2E games, unique products, and more. The FOOD token, revealed crypto trading platform HotBit, is the recent attempt in its mission. In addition, the organization will give away 30% of its revenue to help fight global hunger.
FoodChain Global was established because of the need for creative organizational solutions to combat hunger. Its goal is to “lead the global trendsetting as an innovative charity brand”. In addition, its motto is “make it make sense”.
“To address the global food troubles, we aim to engage millennials already sit up in the blockchain world, with custom FoodChain Global NFTs, and P2E games to talk to this age group as traditional charities don’t do that”’ stated Shawn Kurz, founder of FoodChain Global.
The organization released the FOOD token to make sure that charitable donations go to the correct place. That is to say, due to blockchain tech, FCG can offer a public record of all financial transactions through its proof-of- page. Besides, the token provides a stable goal – unlike memes coins, FOOD token aims to help solve a problem in a real world. Since the complete FCG ecosystem have NFTs, P2E games, staking, and commodities, there is long-term sustainability as well.
The FOOD token is placed on the Polygon blockchain to guarantee low transaction fees. In addition, to promote staking, FoodChain Global provides interest rates from 12% to 20%. before releasing the token, the organization held different charitable affairs with local food banks.