PinkCoin is a blockchain powered donation platform that’s one of its kind and designed for social impact. It is an advanced platform that’s revolutionizing the charity process. Users can earn interest by running a wallet and can donate any portion of this interest earned to any charity of their choice at absolutely no cost to the donor. The platform already has many popular names on board including celebrities and leading charitable trusts. PINK, the currency associated with PinkCoin can be bought from exchanges such as Poloniex and Bittrex.
PinkCoin is a digital currency with a difference as it is inspired by the concept of philanthropy which is diametrically opposite to the commercially motivated intent of other digital currencies available on the market. The currency offers a secure and trustless network quite contrary to the non-transparent charity model. It is a great way of helping the needy while earning money for holding the coins.
The recently improved and advanced PinkCoin platform that runs on blockchain is a model designed to encourage participants to make the network more secure. This can be done by mining using the commonly used Proof-of-Work (PoW). Another option is to in a Proof-of-Stake (PoS) design that’s suitably gamified. The platform also makes use of side stake and Flash-stake (FPoS) blockchain technologies to encourage PINK holders to earn stake rewards. At the same time, they can also keep distribution their wealth.
The unique D4L blockchain pool system is powered by side-staking capabilities. The donations can be tracked in real time on the blockchain and they go directly and quickly to areas like educational campaign, technology development or a charitable partner. Secondary reward layers are offered as additional payouts to those who are part of the entire staking community.
Pinkcoin is trying to achieve a status that will make it easy for the platform to explore the benefits of a universal tax subsidy program. It will also help in incorporating a method for individual tax deductions to be provided receipts. The existing codebase of PinkCoin platform is being optimized by the developers while researching advanced techniques in gamification. The aim is to improve ways of incentivizing philanthropy and to support the decentralized process of voting.
The total supply of PINK coins stands at 389,079,750 while the circulating supply is 374,079,750. The market capital of the currency is $14,027,766. The coin currently trades at $0.037499.
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