Baby Pope is a social cryptocurrency. Its value lies not in its currency, but in its potential to generate positive long-term externalities for the people through charitable projects.
It is a next-generation social token with a purpose of building a descentralized way for aiding those in the community who need a helping hand.
Baby Pope launches with a maximum total supply of 10,000,000 Tokens, with 30% of the supply being burned at the coin-launch as a deflationary force on the token. Every transaction with the coin incurs a 10% fee, of which 20% goes to charity, split in different NGO’s and foundations. Another 40% are used for marketing purposes, 30% are added to the liquidity to facilitate transactions and the last 10% is reflected to the holders of the token. The amount of available supply and yield generated decreases as the burn rate increases, forcing appreciation of the currency and the protection of the asset-value.
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