Kuma Coin Launches Helping Kids in Need

Despite the NFT Marketplace losing 90% of its value in May, NFTs are here to stay. An unstoppable technology, the opportunities are endless.

One new coin that is setting out to make a difference is Kuma Coin. With the aim of revolutionizing the charity world and helping more than one million children in need, Kuma Coin is not your usual charity pump and dump.

The Kuma Coin ecosystem is powered by the Binance smart chain, which has become the technology of choice due to its quicker, faster and more scalable transactions. The launch will include an initial presale followed by a public sale.

Although early days yet, there is a clear roadmap in place and applications for listings have been made with CoinMarketCap, CoinGecko, CoinHunt and CoinSniper amongst others.

What is exciting is the Kuma Coin vision. Kuma Coin will digitally partner with, and donate to, community selected charities that also share the same focus of helping children in need. Poverty affects 1 billion children worldwide. From that billion, 356 million of these children live in extreme poverty, surviving on less than $1.90 a day.

NFT Marketplace

Another exciting aspect of the Kuma Coin project is the development and release of an NFT Marketplace. The NFT Marketplace will make available a variety of options for buying and selling, where 50% of the marketplace fee will go to a specific NFT charity wallet in order to boost donation capability.

An in-house team of 3D animators will be on had to help create cutting edge cute-ness to any NFT.

Kuma Tokenomics

The tokenomics of Kuma Coin (or Kumanomics as they call it) consists of a 10% fee on all transactions where 3% goes to the charity wallet, 3% is redistributed to all token holders based on the amount they currently hold, 3% is “burned”, and 1% goes to the liquidity pool.

Also included is an anti-whale mechanism which prevents the buying or selling of a large portion of the token supply.

With a token launch set for July 1st, the Kuma Coin with its noble mission and sound roadmap, could be one to watch in 2021.

You can check out their roadmap here.