Forward Original title:’区块链儿童慈善项目CAF是meme项目嘛’

The project we are talking about today is a charity project on Binance Chain called Children’s Aid Foundation (CAF). It was launched in January this year. It has increased five times in a month. The initial price on Pancake Swap should be lower. Why do I talk about this project? Because this project is a charity project, which has a good starting point. It is to assist children around the world. If the blockchain has a charity project that can be recognized by the world, it can really be considered as a contribution to the crypto circle. It was advertised positively, but the only flaw was that there was no compliance audit department.

Background

The global child welfare sector faces huge challenges, with billions of children living in poverty, disease and poor conditions. Traditional charities play an integral role in alleviating these problems. However, the opaque practices of some organizations have raised concerns among charitable donors. Opaque practices of traditional charities include: The flow of funds to these organizations is often opaque, and donors cannot clearly understand how their donations are used and whether they directly benefit charitable projects. High management and administrative fees have also attracted public attention because these costs tie up a large amount of donations, resulting in poor use of funds. In addition, the philanthropic activities of traditional charities are often controlled by a group of managers, which can lead to a preference for specific projects or regions at the expense of other potential needs.

Advantages of decentralized charity:

Compared to traditional charitable organizations, decentralized charity uses the features of blockchain technology to provide donors with a more transparent, efficient, and fair donation experience. All donation transactions are recorded on an immutable blockchain, allowing donors to track the flow of funds and ensure that donations are used for the promised charitable projects. The decentralized structure eliminates middlemen, reduces management and administrative costs, allowing more donations to be directly allocated to charitable causes, improving the efficiency of fund utilization. Additionally, decentralized charities adopt a community governance model, allowing token holders to jointly decide on the use of donations, ensuring the fairness and democracy of donations, and are more likely to meet diverse charity needs. The issuance of Childrens Aid Foundation tokens is based on the reflection of the opaque practices of traditional charitable organizations and the recognition of the advantages of decentralized charity. By utilizing blockchain technology and smart contracts, we will ensure the transparent use of donations, maximize social benefits, and strive for the welfare of children worldwide.

Mission and Vision

The goal of the Children’s Aid Foundation (CAF) is to become a solid pillar of global child welfare, fully utilizing the power of blockchain technology and the cryptocurrency community to provide better living conditions and support for 2 billion children worldwide. CAF’s mission is to create a brighter future for children through sustainable development and innovative models. CAF’s vision is to build a society filled with love and care, allowing every child to grow in a healthy, happy, and safe environment. The Children’s Aid Foundation is committed to the well-being of 2 billion children worldwide. We believe that through our joint efforts, we can create a brighter future for children, filling every corner with love and hope.

Donation Targets

The Children’s Aid Fund (CAF) targets its donations not only towards traditional children’s charities, but also to a variety of children’s welfare organizations and individual children or families in need. Acknowledging the diverse challenges children worldwide face, CAF is dedicated to directing aid where it’s most needed, maximizing the effectiveness and impact of our assistance. Our donation targets include, but are not limited to:

1. Basic Education Support: Provide educational resources, learning facilities, and opportunities for children in impoverished areas, helping them to obtain quality education and break the cycle of poverty.

2. Medical Assistance: Provide medical aid and treatment support for sick or injured children, ensuring that they receive effective medical care in a timely manner, restoring their health and vitality.

3. Nutritional Support: Provide food and nutritional supplements for malnourished or hungry children, ensuring they receive adequate nutrition for healthy growth.

4. Disaster Relief: Provide emergency relief and psychological support for children affected by natural disasters, wars, and emergencies, helping them overcome adversity and rebuild their lives.

5. Social Integration Support: Provide shelter and social integration support for disabled children, orphans, and street children, allowing them to feel the warmth and care of society, and regain confidence and hope.

6. Cultural and Recreational Activities: Provide opportunities for children to participate in cultural, artistic, and recreational activities, enriching their life experiences, and stimulating creativity and imagination.

In addition, the team also commits to regularly publish donation information to ensure transparency and openness in the use of funds.

Mechanism

It has a 5% transaction tax – 2% for project operation and donations, 1% for burning, 1% for the liquidity pool, and 1% distributed as rewards to LP token holders who provide liquidity for the CAP/WBNB pair, in the form of USDT dividends. There was a post on Twitter about donations, saying that over 5000U was donated to a children’s rescue organization. A record can be found on the BSC chain, but it cannot be verified off-chain.

Data

There are 46,000 followers on Twitter, and there is currently no Discord.

Tokenomics

The total number of tokens is 2,000,000,000, and 50% are still unlocked. The official website also said that the remaining 50% of tokens are used to provide liquidity for mainstream exchanges. Currently, the token is only listed on Pancake and MEXC, and it is not listed on major exchanges. Of course, this is also the only excuse for many small projects.

The token distribution is as follows:

Token Lock Release Plan

200,000,00 CAF will be unlocked and released on the GATE exchange on 04/01/2024; 200,000,00 CAF will be unlocked and released on the OKX exchange on 06/01/2024; 200,000,00 CAF will be unlocked and released on the KUCOIN exchange on 08/01/2024; 200,000,00 CAF will be unlocked and released on the BINACE exchange on 10/01/2024; 200,000,00 CAF will be unlocked and released on the COINBASE exchange on 12/01/2024. 180,000,000 CAF tokens will be allocated for A, B, C, D, and E rounds of public sales. The public offering price will be set at 95% of the unlock token price at each round of sale. USDT will be accepted for public sale payments. The public offering will continue for 30 days after each round of unlocking, with no limit on the amount per address. If any portion of the CAF tokens remains unsold after each round of public sale, the remaining tokens will continue to be locked for two months.

In conclusion, this kind of slogan shouting project can basically be regarded as a meme. We have seen many meme projects with big slogans before, such as MAGA “make crypto great again”, WLD “let everyone in the world have an universal basic income”. Wld is a meme disguised as AI, and this project should be a meme disguised as charity. Anyway, memes are really popular recently, the bullish market has ignited everyone. So how much space does this project have? Currently its at 400 million US dollars, FDV is 800 million US dollars. For a newly launched project, it is already quite high. But the upper limit of memes is actually hard to predict, just like Doge and Shib are tens of billions. There are currently a lot of rushes, you can wait for a wave of callbacks. If you can’t wait, forget it.

Disclaimer：

1. This article is reprinted from [There is a big cake house in the book]. Forward the Original Title‘区块链儿童慈善项目CAF是meme项目嘛’.All copyrights belong to the original author [Teacher Zhu321]. If there are objections to this reprint, please contact the Gate Learn team, and they will handle it promptly.
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