Impact investing continues to witness an explosion in popularity. Assets directed towards addressing social and environmental issues while yielding a financial return are invoking fervor among investors seeking to make a measurable impact on the world.
As of April 2020, the market size of the impact investing space soared to $715 billion, according to the Global Impact Investing Network (GIIN). This reflects an impressive 42.4% increase, compared to $502 billion just one year prior.
Vowing to become the defining charity token on the Binance Smart Chain Network (BSCN), SaveTheWorld is taking giant leaps towards making the world a better place for all through the immense decentralized power of cryptocurrencies.
This emerging enterprise provides an opportunity for investors, both philanthropic and speculative alike, to make an impact worldwide by donating 50% of the generated liquidity to charities each day.
During an unprecedented time where a collaborative global effort is paramount, SaveTheWorld is a 35,000 strong, rapidly growing community, unified to bring hope, opportunity, and positive change to the people and places that need it most.
Their tagline One World, One Love connects us all to the resounding message that there comes a time when all people must rise up beyond their differences and collaborate.
The charities they support focus on issues that are objectively important in the humanitarian and environmental spaces – while ensuring an impartiality to politics as much as possible.
Tokenomics: Global Improvements Start from Within
For SaveTheWorld, transparency, responsiveness, and flexibility are the pillars that support their mission, ensuring that their community of investors benefit as much as the charities they donate to.
To accomplish this end, SaveTheWorld has recently evolved their model in response to investor feedback. Under their old system where 4% of the 10% transaction fee was locked into liquidity, this 4% will instead be used to buy back additional $SAVE tokens off the open market. These tokens will then be burned, meaning that a whopping 6% of the 10% transaction fee will be gone forever.
So how does this affect liquidity?
As Justin Enayati, founder and advisor of SaveTheWorld, explains:
“By performing buyback transactions, we will increase the price of the $SAVE tokens. And by burning, we will also reduce the circulating supply of our currency, making it rarer and thus more valuable over time (under the laws of supply and demand).”
Mr. Enayati goes on to say:
“As it stands, we have a huge liquidity pool, allowing investors to buy or sell a very high value of the token. However, if we ever need to add more, that is, if the liquidity was to be low, we can just revert to the old ways of doing things to provide a boost to our liquidity pool. This is the beauty of our smart chain contract. We can make changes on the fly to benefit both the investors and charities as we need to.”
As such, the model of the investment transaction would look like this: of your investment, a 10% transaction fee is applied. Of that, 2% is distributed among all $SAVE holders and 2% goes to charity. The remaining 6% is burned, which permanently reduces the supply of $SAVE tokens.
To handle the donations in a transparent way, SaveTheWorld is using a Gnosis Multi-Signature Wallet. This storage solution is considered one of the safest, most trusted, versatile platforms to manage digital assets on Ethereum.
It’s All in the Name
SaveTheWorld founders and their efforts are ambitious as their name suggests. The team, led by Justin Enayati, is made up of some of the most well-known, well-respected advisors, strategists, analysts, and investors in the blockchain space.
SaveTheWorld and its holders have successfully donated an astonishing $2 million to charities in just over 30 days. In continuing to grow their community and evolve the platform, they are seeking strategic partnerships with like-minded organizations who can help further their mission. A recent partnership was formed with GIFT, who will work closely with the SAVE team to plan new charity campaigns. Through this partnership, crypto users can give the gift of charity by sending $SAVE tokens to their friends and family through the GIFT sending platform.
Check out the SaveTheWorld website to get an easy step-by-step guide on how to buy $SAVE from Pancakeswap. The 4-step process will help you create a wallet, add SaveTheWorld to your wallet, buy Binance Smart Chain (BSC), and swap BSC for SaveTheWorld.