Topic: [ANN] CryptoMissions CMP POS 42 Mil Max Decentralized Airdrop Pre-ICO - page 2. (Read 1410 times)

Early Project information from the ongoing whitepaper



What is the CMP or CryptoMissions Project?

    Our project is here to create a unique coin that is decentralized and will allow for the funding of missions trips for the who cannot afford to otherwise go on one. The process for how this will be accomplished will be explained later in this whitepaper. As for the why are we doing this well that part is simple. We believe that by helping people help others around the world that we will have a life changing impact both for those being served during the missions trip and those doing the serving as with most people who go on these kind of trips their lives are forever changed.

How will the project fund trips?

The project premined 50% of the coins upon creation which comes to a total 21 Million CMP.

The funds will be distributed as follow:

10 Million will be given to the CMP Foundation where a governing body will decide on how many coins to sell in any given quarter to fund various missions related project. The group will cannot sell more than 1 million coins per quarter year. The first two  quarters will be limited to 500,000 CMP of which the funds will be used to trade the top 10 cryptocurrencies. The allocation of these funds will be determined by a panel of three qualified traders that will work to increase the foundations holdings to buy back CMP and hold or sell to finance the mission projects.

10 Million will be used for pre-sale, supplying exchanges, airdrop, and funding team members for their contributions.

Out of this supply some of the following will be used for:

We expect to airdrop approx 1 million coins to early adopters who actually purchase the coins. The coins will be supplied as bonus with those orders.

100 Coins will be given to 100 randomly chosen wallet users from posting wallet address in our social media areas.

10 People will be selected to receive 5000 coins to run full time nodes for network stability

1 Millions coins will be burned if the project does well early in the process of launching the project onto exchanges.

A second 1 Million burn will be scheduled announced at a later date.

Our Goal is to eventually get churches and other non-profits to accept the coins for funding more than just missions trips. Once we have completed our first 4 projects with posted results that will include videos, photos, and statements about the work the project helped them accomplish we will begin to work on other avenues for the coins use this may include tipping christian pastors and content creators. There are many avenues for potential growth many of these will be outlined in the full whitepaper and will be explained once the initial foundation members are selected. With a project like this financial oversight is very important for its success. So foundation members will be selected from out local churches to ensure that the guidelines laid out are followed to ensure the price stability and security of the CMP coin.

More Details to come soon.