Meet Digies Coin ($DIGS)- Where Crypto Meets Military

Despite a period of consolidation in the crypto world, the number of new DeFi tokens appearing shows no signs of abating.

Having grown from a value of around $1billion in June 2020, the value of what is locked in DeFi has soared to over $100 billion little more than 12 months later.

New token projects spring up all the time, but very few of them have a good charitable cause powering them. Meet Digies Coin ($DIGS) a charitable, deflationary ERC-20 token issued on the ethereum blockchain focused on bringing the issues that military veterans face to the forefront.

The goal of Digies Coin is to assist with veteran suicide awareness, spouses who have lost their loved one, and also the physical/ mental adjustment back to civilian life after combat exposure. And, after the multitude of problems caused by the coronavirus pandemic, there really hasn’t been a better time to help the military veterans.

According to the Defense Department’s latest quarterly report, the number of deaths by suicide amongst military service members rose considerably in the final months of 2020. From October 1st through to December 31st last year, the US military recorded 156 deaths by suicide amongst all services, including active-duty, National Guard, and Reserve troops. This was a 25% increase from the same period a year previous and reflects the growing problems military veterans are facing. It’s a sad fact that the military suicide rate in the world’s largest economy is 50% higher than the national average.

However, Digies Coin is attempting to do something about this. The Digies Coin team has partnered with Stop Soldier Suicide as their first charity. Established in 2019, Stop Soldier Suicide has helped more than 1600 service members & veterans

The Tokenomics of Digies Coin

The Digies Coin project is more than just a good and noble cause. There is solid economics and a solid roadmap behind this project.

It works with a 10% tax on all transactions. The 10% is then distributed as such:

3% Charity Wallet – This is the priority of the project, focused on raising awareness of veteran suicides, as well as other benefits to assist the active and retired military.

3% Back to Shareholders – Benefiting those who buy & hold long term will see an incremental increase in the amount of $DIGS on a daily basis.

3% Liquidity Wallet – 3% of transactions will be added to the liquidity pool, ensuring smooth transactions.

1% Sent to Burn Wallet – Burning is the process of removing tokens from circulation, thereby slowing down inflation rates or reducing the total circulating supply of coins. This helps preserve the assets supply and demand ratio.

There is a total supply of 6,000,000,000,000 (6 Trillion) $DIGS available paired with ETH and USDT which were made available just over a month ago on June 18th. It is important to note that no new $DIGS tokens will be created. Currently listed on Uniswap, CoinGecko, DEXTY, Etherscan and CoinMarketCap

Why Digies Coin?

This is a fully transparent and uncomplicated project. Their mission is clear – to help veterans. Their roadmap is realistic and defined, whilst the tokenomics is as solid and as transparent as you can get.

Having closed a successful pre-sale, there appears to be good longevity in this project. One to watch for 2021.

You can read the Digies Coin whitepaper here.

You can visit Digies Coin here.