Our first-ever revenue share of Tamil Charity Coin(TCC) for 2024 has been completed, 1-3 quarters with lackluster ROI, but the 4th quarter doing better, with an annual return of 24.67%.
We were able to increase the ROI by delegating a major portion of our HP to the HoloZing project to take advantage of their initial high ROI rates. Their rates have come down to a more sustainable level since then, but are still higher than what we would have gotten from curation rewards. We will leave the delegation there for the time being and monitor.
Based on the change of strategy of our reinvestment, we may have to change the tokenomics of TCC. But, we assure you that the core tenets of our tokenomics will remain unchanged: fair and equitable creation and distribution of revenue, a self-sustaining model for TCC, and generating lifelong passive income for donors and beneficiaries for simply holding their TCCs and the soft peg to Hive at 4:1(4 TCC = 1 Hive).
Now that the revenue share for 2024 is completed, we are getting ready to do the revenue share for the 1st Quarter of 2025.
Tamil Charity Coin is an innovative project built on the Hive Blockchain. Its vision is to create the world's largest Web3-enabled charity fund. Our mission is to assist the internally displaced, Sri Lankan government-ignored, civil war-affected Tamil people and single-mother families in Sri Lanka. As we grow, we aim to expand our reach and offer help to those in need internationally.