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What is FoundationX?
FoundationX is a deflationary BEP-20 token on the Binance Smart Chain - $FX. their founding principles are centered on:
● Trust
● Transparency
● Community
● Charity.
The name illustrates their charitable purpose, with the X to signify their seamless integration with any organisation that partners with them.
They strive to be there to facilitate charitable initiatives around the globe using cryptocurrency, bridging the gap between crypto and real-world adoption through their crypto payment gateway.
They feature strong utility such as supporting Cancer charities, Human trafficking & child slavery prevention, Environmental & endangered species initiatives, and more Community-driven initiatives.
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Their Mission
FoundationX is developing a crypto payment gateway for integration with various charity groups and initiatives around the globe. This will create a sustainable future to deliver on their primary objectives.
Objective 1 Support Charitable initiatives across 4x causes:
● Cancer charities
● Human trafficking & child slavery prevention
● Environmental & endangered species initiatives
● Community driven projects
Objective 2
Provide sustainable returns for their investors through their
deflationary tokenomics and establish their platform to
support future growth and expansion.
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Their Vision
The evolution of DeFi technology presents a unique opportunity to integrate philanthropy with sound long-term investment options. We're designing the FX eco-system to power various charitable initiatives, while simultaneously providing returns for the investor. To achieve this, 5x key functions occur in each transaction;
● Pooling of funds to support Charity
● Liquidity
● Marketing
● Reflection
● Deflation tax to incentivize holders.
FoundationX claims to be the first Charity token to incorporate these 3 core features - deflationary tokenomics, automated BNB rewards and a legitimate real-world utility, their crypto payment gateway.
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The Tokenomics
A 15% tax is applied on every transaction comprised of;
● 6% Reflection to holders in BNB
● 3% Reflection to Foundation pool (charity wallet)
● 2% Marketing pool
● 2% Burn address
● 2% Liquidity pool
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My Personal Opinion
I love what these guys are trying to create. Helping others out while also creating something more sustainable for the investor. Pays off for both sides it all goes well.
Eventhough there have been a lot of Charity-like tokens, none of those were / are as dedicated as the team of FoundationX is. I've seen what they already are doing for their communities around them, and I'm sure they will continue doing so.
They have been working around the clock and are always willing to answer questions. I really like it when anyone can message the main characters in a project, to get clear and defined answers.
Their private sale has recently been filled, and they are now preparing for the public presale which will be on 25th of August at 9 AM (UTC).
If anyone would like to know more about this Token and project I'll put some links towards them at the bottom of my post. Hopefully ya'll found this interesting!
