CHY Poverty Alleviation-the world’s public welfare, everyone is responsible
1.Project background
The epidemic is raging, and true love is spreading. Love knows no borders! — Blessings from “CHY”! !
Ms. Candela once said to us in Princeton, “I know what I have heard, what I have seen and remembered.” On June 23, 2021, New York time, volunteers from more than 23 countries and regions around the world, including Africa and Asia, gathered together to create CHY poverty alleviation projects.
2.Basic situation and progress of the project
The total issuance of CHY poverty alleviation projects is 580,000,000,000 (World Red Cross and Red Crescent Day on May 8), of which 10% is destroyed in the black hole address; 42% is circulated in UniSwap and the pool is permanently locked (ownership has been waived); 48% is issued The amount is locked, and 4% is released every month (2% is used for team incentives, 2% is used for charity assistance), and all transaction dividends obtained during the lock-up period are destroyed by the black hole address.
(1) Advantages of CHY poverty alleviation project:
①The austerity mechanism, deducting 5% of the handling fee for each transaction, of which 3% is invested in the black hole, and 2% is distributed proportionally to all charity supporters;
②Passive income, you can enjoy the dividend of each transaction if you hold the currency;
③Community autonomy, often holding various community voting autonomy activities;
④The usdt trading pair is not affected by the market situation and is more stable (eth can also be directly traded);
The project is completely decentralized, and all decisions are made by the community.
(2) Progress of CHY poverty alleviation project:
① Many poverty alleviation and assistance activities have been carried out all over the world;
②The project has been launched on the Uniswap decentralized exchange USDT trading pair;
③The contract code has been audited;
④Distribute 3000 airdrops through the airdrop treasure;
⑤From July 18th to 24th, the top ads on the btok homepage are one week;
⑥ Docking with a number of centralized exchanges;
⑦ Reached in-depth cooperation intentions with dozens of senior media;
⑧ Has received official and media support from the Indian government;
⑨ Will cooperate with Amazon to launch “CHY Charity Shopping Center” and so on.
3.Application of Blockchain in CHY
The CHY poverty alleviation project has four major advantages: blockchain decentralization, openness and transparency, traceability of information, and automatic execution through smart contracts. These four advantages can correspondingly solve the problem that the original charity projects were criticized by others.
(1) Use the decentralized characteristics of distributed nodes of the blockchain to establish a decentralized charity system, and distribute the relevant information of charitable public welfare projects on various nodes of the network. Currently, no technology can tamper with 51% of the entire network at the same time. The above node data prevents an organization or individual from manipulating charitable projects for their own benefit.
(2) Utilize the non-tamperable feature of the blockchain to form non-tamperable charity credit records for donors, third-party charities and fundraisers on the chain, and record every consumption truthfully and transparently to establish a non-tamperable global chain . The charity credit investigation data pool uses smart contracts to establish a credit mechanism, and uses codes instead of centralized organizations to dynamically evaluate the charity credit status of donors, third-party charities, and fundraisers to form dynamic credit value.
(3) The use of blockchain technology to issue a circulating virtual digital certificate belongs to the public welfare industry-the CHY charity project. Through the global circulation of digital currency, the transmission efficiency is accelerated. At the same time, using blockchain smart contract technology, once the donation is formed, an immutable smart contract will be formed, the contract will be automatically executed under certain conditions, and the fundraising object will be sent to the recipient in time.
(4) Once there is a dispute in the donation, arbitration is initiated through the structure of distributed nodes in the blockchain, and a certain number of nodes are dynamically allocated to participate in the arbitration evaluation through the node trust value and correlation degree. It is not a single individual, nor is it a single centralized structure, but the entire chain dynamically allocates multiple nodes to participate, which improves the fairness and reliability of arbitration.
(5) Make use of the open and transparent features of blockchain to break through data barriers, realize hierarchical sharing of information across industries, and cooperate with each other to further improve the efficiency of the entire industry.
(6) Leakage of personal information has become very common. People who participate in charitable projects do not want their information to be disclosed online for everyone to know. The use of blockchain encryption technology protects the privacy of donors and donors. Only the person holding the project’s private key can see the project information, and other people cannot obtain the detailed content of the project, so the parties do not have to worry about personal privacy being leaked.
4.Project development plan
The first stage: The Telegram community has 5,000 members, Twitter followers have 3,000, CHY token holders have 5,000, CHY charity project Africa (Tanzania) Asia (India) assistance (food and education knowledge assistance).
The second stage: 10,000 people in the Telegram community, 6,000 followers on Twitter, and 10,000 CHY token holders, start a donation plan, NFT, CHY Charity Mall, CHY Charity Plan, and reach cooperation with more impoverished and backward areas.
The third stage: The Telegram community has 50,000 members, Twitter has 30,000 followers, and CHY token holders have 50,000. CHY tokens burn up to 50% of the total issuance. DIF Commitment Mining (passed Mining helps more charity assistance) Launch the CHY blockchain bequest plan, CHY charitable trust, and CHY dilapidated house repair plan.
5.Project vision
We are a global community of humanitarians, partners, community members, supporters, donors and volunteers. We have a common vision to build a world where no one falls into poverty, fear or oppression. All people can exercise their rights to obtain a decent standard of living, have the opportunity to obtain the opportunities and choices necessary for a long, healthy and creative life, and can be treated with dignity and respect.
We will end extreme poverty at all costs. We believe that no human potential should be left unrealized due to poverty, disasters or crises.
Welcome to join us! !
Telegram Community：https://0.plus/ConcernPovertyChain
Official website address：http://www.chygroup.org/
Contract address：0x35A23BC27c345b36DeE700a256F69C6334030971