The Impact of Dog Community’s Philanthropic Approach
Since its launch in July, the dog community has quickly become a favorite hangout for enthusiasts on various platforms. However, what sets this community apart is its philanthropic approach.
When users make in-app purchases, the team behind dog community generously donates all proceeds to charity. This act of kindness has resulted in a total of $306,808 being raised and distributed to organizations making a real difference in the world. The team has expressed a strong commitment to continuing this tradition of giving back.
The Economics of Dog Communities and Genomics
Delving into the numbers, the dog community has a total token supply of $550 billion DOGS with a significant portion allocated directly to the community. Here’s a breakdown:
- 73% of tokens are reserved for savvy users who earn DOGS through the app.
- The remaining tokens will serve as rewards for traders, sticker creators, and future community members.
A strategic 10% is earmarked for the team and future development, with the majority locked in a 12-month vesting period to ensure continued engagement. Additionally, 8.5% will be used to maintain liquidity on both centralized and decentralized exchanges, supporting listing-related activities. This illustrates the community’s move towards full ownership of the $DOGS token.
The upcoming introduction of meme stickers that can be minted and traded on-chain adds a new layer of utility to $DOGS, promising an exciting development for users.
How to Claim Your Tokens Efficiently
As of August 16, token holders can begin claiming their tokens, whether opting to keep them in their Telegram wallet or transfer them to a centralized exchange. It is crucial to start the claiming process promptly. If you have not set up your account or completed your KYC, now is the time to do so.
For those preferring a non-custodial wallet, the option to claim tokens will be available starting August 20th. Bear in mind that blockchain transactions involve a “gas” fee, payable in Toncoin. Should you require Toncoin, you can easily purchase some through an exchange and have it sent directly to your wallet.
The dog community is not just about growth; it’s about giving back, akin to the philanthropic gestures seen from Vitalik Buterin with meme coins. It has been a fulfilling and enjoyable journey for all involved.
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