Read ORIGINAL post: https://medium.com/@ian_58209/carebit-blockchain-charity-fa30ddf70635
The story so far.
When I first came across the Carebit project it was reporting one of the highest R.O.I. on a master node listing site. At that time I quickly shrugged it off for the high R.O.I. it was stating and never bothered checking anymore into it.
Then about one week later I was introduced to Carebit by a fellow investor. I started to look into Carebit and the harder I dug into it, the more viable the project became.
Carebit.org was founded by Attiq Rahman, an IT professional, using his own money to get off the ground. It was his dream and vision to use blockchain to provide financial help and assistance to those less fortunate than himself. Attiq knew how he wanted to achieve his goals but at the beginning lacked the knowledge of blockchain tech. He faced some early obstacles with absconding techs but through his determination and will he continued on his journey.
After a very successful launch Carebit was hit with the biggest barrier to date. It was discovered that the code being used had vulnerabilities and these were being exploited by 2 master node addresses. Basically a very high percentage of rewards were unfairly going to a user running the exploit and if everything is free then you can sell it at any price, which destroys the market price.
All trade was suspended for over 2 weeks, so as to cut off the trade routes for the stolen coins. After a lot of time and discussion it was decided to do a hard fork to a new code and perform a coin swap. After a rocky start culminated by Attiq being abroad on Carebit business. Carebit was relaunched with the ticker CARE.
Founder Attiq, a father of four children under the age of 14 years old, holds no assets in Carebit and refuses to take anything out of carebit for himself. He has vowed to continue to use more of his own money if necessary.
One of the things that drew me to Carebit and made me take the decision to join the team is the transparency of the project. All company masternode addresses, together with donation addresses and company accounts are available for the public to scrutinise. You can also find public profiles on some of the team including Attiq.
When you make a donation you can track this using the blockchain and accounts. Carebit have got their own project fund tracking tool in development which will be the first working model of it’s kind and due to launch in the next month. The PFTT (for short) will automatically track and list all donations in live time.
Carebit is a real project with purpose and ambitious future plans, which is already attracting some serious investors.
You can buy CARE coins (still using old ticker CBT on crypto-bridge) and stake them in your wallet for POS rewards or if you are looking for a long term passive income you should consider acquiring 30,000 CARE and setting up your own master node. It is also possible to purchase enough CARE to join some of the shared master node projects investing in Carebit.
Whatever way you decide and whatever amount of capital you are looking to invest, there is something for you in Carebit.
Now not to forget the real meaning of Carebit and put a smile on Attiq’s face. Carebit encourage all investors to think about the nature of the project and if possible please drop in some small donations from your very generous rewards.
Carebit is great project, with full transparency, great community and real investors. The only thing I see missing is world exposure and by writing this short article I hope this will go a little way towards that goal.
I welcome you to join our discord and come check everything out for yourself and if you like what you see pass Carebit onto to your friends and even the world if you feel like it.
Disclaimer: I am not a professional writer and if there is anything you don’t like about my article or style, then I will apologise in advance ;)
Alway remember to do your due diligence on any investments and only invest what you can afford to lose!
