❤️‍🩹Using Crypto to Give Back

On 29 March 2024, Vitalik Buterin, the founder of Ethereum, published an article titled 'What else could Memecoins be?'. In this article, Vitalik introduces the concept of 'Charity Coins', stating the following: Among the more interesting of the coins that I've seen are coins where a large portion of the token supply (or some ongoing fee mechanism) is dedicated to some kind of charity. One and a half years ago, there was a (no longer active) coin called "GiveWell Inu" that donated proceeds to GiveWell. For the past two years, there has been a coin called "Fable of the Dragon Tyrant" which supported cultural projects related to anti-aging research, in addition to other causes. Unfortunately, both of these are far from perfect: GiveWell Inu seems to no longer be maintained, and the other one has some highly annoying core community members that constantly badger me for attention, which currently makes me unenthusiastic about mentioning them more than once. More successfully, after I was gifted half the supply of the Dogelon Mars token, and immediately re-gifted it to the Methuselah Foundation, the Methuselah Foundation and the Dogelon Mars community seemed to develop a positive-sum relationship with each other, retroactively converting $ELON into a charity coin. In the citation above, Vitalik mentions Charity coins as interesting alternatives to 'useless' Memecoins. He states coins who contribute to charities as being able to provide a significantly positive impact to the DeFi environment. From this idea and Vitalik's notion, we have created the Charify project and the eponymous $CHARIFY token. With Charify, you can donate to a wide variety of charity causes, climb the 'donation leaderboards' to get exposure in return, and become an ambassador of the Charity coins movement. Moreover, we have reserved an amount of total supply, as detailed in the 'Tokenomics' section, for Ambassadors, which can be individuals, Crypto projects, or charities, helping us to give back and create exposure for the cause.