New York, May 26, 2021 – RavenX is the first-ever completely transparent charity token that donates 2% of every transaction directly to the Binance Charity wallet and has reached $1 million in donations within the first month of launch. Currently trading on PancakeSwap and WhiteBIT, RavenX utilizes smart contract technology on the Binance Smart Chain to provide an innovative investment opportunity tied to philanthropy.
“RavenX provides a truly transparent approach to charity-based cryptocurrency projects by hardcoding the Binance Charities contribution address into the smart contract,” said the founder of RavenX, adding: “This provides true transparency and removes the possibility for any kind of fraud.”
RavenX is a deflationary coin with a 6% tax rate on every transaction. This consists of 2% being permanently burned from the total supply of 500 million, 2% being redistributed to holders, and 2% being sent directly to the Binance Charity wallet.
The Binance Charity Foundation — an unrelated organization to RavenX — is a revolutionary donation platform and a nonprofit organization dedicated to achieving global sustainable development goals by adopting the power of blockchain technology. Some of its charitable causes include fighting the COVID-19 pandemic, battling bushfires in Australia, feeding hungry children in Africa and more.
Since launching, the RavenX community has grown to over 15,000 holders and over 8,200 members on Telegram. It is listed on CoinMarketCap, CoinGecko and Blockfolio.
For more information about RavenX, visit its website where you can see its charitable contributions in real-time. You can also learn more about what causes it is supporting by visiting Binance Charities.
RavenX seeks to advance philanthropic activity across the blockchain industry in pursuit of high-priority humanitarian causes across the globe.
Certik Audit: https://www.certik.org/projects/ravenx
This is a paid press release Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.