Araracoin
Summary
The rapid loss of biodiversity and the challenge of sustainably engaging the public in environmental causes are critical issues that demand innovative and immediate solutions. Araracoin (ARARA) is a token created to fund the preservation of animal species, combining environmental impact with visual and emotional engagement from the community. Araracoin leverages blockchain technology to create a sustainable and transparent financial ecosystem, facilitating direct donations to the preservation of animal species. Additionally, the project pairs this technological innovation with charismatic branding centered around the image of the macaw (arara), forging a strong emotional connection that engages both cryptocurrency enthusiasts and the general public, ensuring that donations are efficient and resonate with the community's values. At the token generation event (TGE), 20% of the total supply is allocated to Preservation Organizations’ projects, distributed over four years. Through APIs, we will validate and select projects seeking funding. Based on predefined criteria and a scoring system, qualified projects will be submitted to a vote by the Araracoin holders’ community. Approved projects will receive funding in ARARA tokens. Transactions and fund allocations are transparently recorded on the blockchain. Regular independent audits ensure the integrity of the funds and compliance with conservation objectives.
