What is Eg New

Article Summary, Automatically Generated By AI

About EG Token

Key Insights

  • EG Ecosystem: Innovative products for the crypto community, with revenue funding social impact.
  • EGSwap: DEX with features like revenue sharing, cross-chain bridge, private transactions, and more.
  • $EG Token: Community-governed token for social impact.
  • Salesforce Crypto Exchange: 1% transaction fee, with 0.5% for social impact and 0.5% burned.
  • EG Social Impact Portal: $3.7 million+ donations, with 17 UN SDGs.
  • BurnParty: Token burn platform with meal donations.
  • EGMigrate: Smart contract migration solution.

Introducing EG Token: Empowering a New Era of Innovation

Introducing EG Token: A Revolutionary Digital Asset

At the core of a vibrant ecosystem lies EG, a community-driven token. Pioneering meaningful social impact through crypto, EG is revolutionizing the way we give back. By harnessing the power of blockchain and DeFi, EG empowers social enterprises and non-profit organizations. Through provision of access to capital, financial services, and a robust community, EG strives to create a more equitable and sustainable world, while simultaneously rewarding its community. Notably, EG is the visionary behind the innovative DEX, EGSwap.

Pivotal Takeaways

Here is the polished version:

  1. EG Ecosystem: EG is pioneering innovative products in collaboration with the crypto community, with revenue allocated to foster a rewarding community experience and drive social impact initiatives.
  2. EGSwap: A cutting-edge DEX featuring a range of innovative features, including Revenue Sharing with projects, Cross-Chain Bridge, Private Transactions, Credit/Debit Card Crypto Purchases, Staking, Perpetual Exchange, and a Smart Router that optimizes trade prices across various DeFi platforms.
  3. $EG Token: A community-governed token dedicated to advancing social impact through crypto.
  4. Salesforce Crypto Exchange: EG has developed the first native crypto exchange on Salesforce, with a 1% transaction fee allocated to EG Token Buyback, 0.5% to Social Impact initiatives, and 0.5% burned, resulting in a significant token volume boost.
  5. EG Social Impact Portal: Explore EG’s social impact across the 17 UN SDGs, track $3.7 million+ in donations, and donate directly to your preferred causes.
  6. BurnParty: A decentralized, multi-chain token burn platform facilitating community-driven token burns in a trustless manner. Each successful burn triggers a meal donation via the EG volunteer network, ensuring a fully audited and transparent process integrated with Chainlink.
  7. EGMigrate: A seamless migration solution for projects and token holders to upgrade smart contracts and swap old tokens for new ones.
  8. EGTrade: A token Swap and charting solution compatible with any Decentralized Exchange (DEX), allowing direct $BNB purchases via FIAT.
  9. Gator Gang NFT Collection: A unique collection of collectible Gators, offering exclusive rewards and perks to members. The team is planning to launch an NFT staking platform, where holders can earn a share of community revenue simply by holding Gators.
  10. EG Blockchain Agency: Leverage the EG team’s expertise for your blockchain technology needs.
  11. Blockchain Alliance for Global Good (BAGG): A coalition of blockchain companies united to integrate social impact into their operations, driving positive change through blockchain and cryptocurrency.

Notable Achievements

The platform has successfully onboarded a diverse range of social enterprises and non-profit organizations, collectively raising an impressive $3.7 million across 25+ projects.

  1. Big Green: $800,000
  2. Action Against Hunger: $475,000
  3. The Ocean Cleanup: $400,000
  4. Human Relief Foundation: $350,000
  5. Building a School in Laos
  6. View the comprehensive leaderboard here: EG Social Impact Leaderboard

Strategic Collaborations

  1. Big Green, a stalwart advocate for environmental conservation
  2. Action Against Hunger, a beacon of hope in the fight against malnutrition
  3. The Ocean Cleanup, pioneers in the quest for a plastic-free ocean
  4. Human Relief Foundation, a shining example of humanitarianism in action
  5. HeadsTails, a trailblazer in the realm of social entrepreneurship
  6. National Kidney Foundation, a champion of health and wellness
  7. TCG World, a visionary in the realm of digital innovation
  8. Starship, a celestial pioneer in the pursuit of a sustainable future
  9. Mother Earth Foundation, a guardian of our planet’s precious resources
  10. And many more esteemed organizations!

Economic Token Structure

The total supply of EG tokens is capped at 6,000,000,000 units.

Token Allocation Strategy:

  • Strategic Partnerships: 2% of the total allocation
  • Community Development and Engagement: 5% of the total allocation
  • Reserve Funds: 5% of the total allocation
  • Cross-Chain Liquidity Provision: 3% of the total allocation
  • Marketing and Promotional Fund: 2.9% of the total allocation
  • Community Holdings: 82.1% of the total allocation

The Multifaceted Utility of Tokens

  • 1% of Token Volume Allocated to Social Impact Initiatives
  • 30% of Headtails Revenue Dedicated to Buybacks and Social Impact Programs
  • 100% of Salesforce Revenue Reinvested Through Buybacks
  • 100% of Burnparty Revenue Reinvested Through Buybacks
  • 100% of Whitelabel Revenue Reinvested Through Buybacks
  • 10% of Blockchain Agency Revenue Allocated to Buybacks
  • Daily Volume Buybacks of 0.02%

Distinguishing Token Attributes

  • Unbiased liquidity distribution
  • Transparent transactions, no hidden reflections
  • Full disclosure, no concealed information
  • Decentralized LP Token management, no central authority
  • Open-source code for community scrutiny
  • No automated token burning, full user control

The Hierarchical Funding Architecture

  • A 5% buy fee applicable to EGToken transactions
  • A 5% sell fee applicable to EGToken transactions
  • 30% revenue allocation from the HeadsTails platform
  • Fees generated by EG crypto exchange operations
  • Revenue distribution from the burn party initiative
  • Revenue distribution from Whitelabel EGMigrate and EGTrade sales
  • Revenue distribution from Blockchain Agency partnerships
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