Author

Topic: Support/donation/help/ coin idea (Read 81 times)

newbie
Activity: 1
Merit: 0
December 26, 2020, 02:14:44 PM
#1
I don't know how do I start this, so I will just write it up as I go.
I always wanted to help people in need, but I don't have money or time for that. I believe I am not the only one like this, so I have this idea. What if there was a coin, let's say a support coin, when someone makes a transaction using this coin (support coin), that transaction generates another coin, something like a supported coin.
The idea works like this, if Bob sends 100$ worth of support coins to Alice, that transaction will generate 2$ of the supported coin, 2% of the transaction. The supported coin would go to the charities and because of the blockchain publicity, everyone would be able to see where it went and what was purchased using it, so no fake charities would be able to use it.

Anyone using the support coin could contribute just by using it. Someone like me could choose to pay for their goods or bills with support coin and this way contribute to the ones in need.

The supported coin price would always be linked to the support coin price. I don't know if support coin should be linked to USDT or just left to the market to decide by its usage, like Bitcoin and other coins.

This is just my idea and everything with it could be changed, I am just trying to use cryptocurrency and blockchain technology to find a way how everyone could help people in need.

Sorry for my bad English,
BitMonst3r.
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