I am apart of a new coin called TerraFirma. Our goal is to help charities raise money and save lives one day at a time. We want to be able to help a crisis when it happens, and donate coins to natural disasters and other emergency situations. So you will be able to login to our website and help give ideas on what we should donate coins to. Currently pushing to get charities and other companies involved with the coin.
We are currently doing pre-sales of the TerraFirma coin now. Pre-sale amount will be $0.10 USD. All of the sales will go towards legal fees, advertisement, development costs, better servers, security, and office space. (Pre-Sale ends 6/1/2018) After the finish of pre-sales. Then the coin will go into 3 waves of sales, starting at $0.25 USD, ending wave will be $0.75. Site is still under construction. Visit our website for detailed instructions on how to purchase our pre-sale coins. ( http://www.terrafirmacoin.com/ )
Goal is to sell out of all waves. That way when the coin is released it will be up to $2.00 USD a coin. Meaning when we donate to charities, the coin will be worth it to whatever charity company the coins have been donated to. TerraFirma could donate $100,000 without using 100,000 coins. TerraFirma could sale coins in the exchange to be able to give bigger donations. Be able to donate $1,ooo,ooo to cancer research, or to feeding the homeless in the world without using as many coins. "THAT SOUNDS AMAZING TO US"!!!!
Without the support of the people coins go no where. People need each other to survive. No one can do it on their own. TerraFirma asks everyone to get involved and help us help the world. We are a transparent company with all our team members listed on our website. Come chat with us and give us ideas on who we could donate to, and how we should choose which charity we should donate to. Keep us up to date with any global crisis happening around the world.
We as a team, have a passion to help others!!
Ask us any questions. Email: support@terrafirmacoin.com
TerraFirma Coin Team:
Ryan Fiser: Chief Technology Officer - Site development, coding, Partial Owner
Fellow Steemian
Joe Harris: Marketing Manager - In charge of marketing, social media sites, talking to the public
Fellow Steemian:
Kori Katano: CEO of TerraFirma - President of TerraFirma
White Paper
TerraFirma
“Feeding the hungry, aiding the sick, or helping any group or country in need, one donation at a time using Blockchain technology to bypass the logistics of current fund-raising process, from donations straight to the people who need the resources anywhere in the world.”
Welcome, we are TerraFirma.
While our idea is not new, we are in the business of helping others in need. Unlike other fund raising companies and dot.com’s, we will use interest gained from proof of stake as the means of donations to help people in need of large monetary assistance, and our member’s vote will determine the destination for the donation while their stake of tokens will gain interest simply by holding their tokens.
The Need
Whether it’s feeding the hungry, sending resources to help those with medical needs, or aiding areas who have been affected by natural disasters. We know when it comes to starting or running a charitable organization there is overhead that has to be paid to keep these organizations going. What we don’t want to do is give to an organization and the currency gets filtered from one region to the next and by the time it reaches its destination resources have been cut by 30-60%, even sometimes up to 80%.
The How
Because of blockchain technology, we have the ability to give 100% of earned currency directly to those in need by bypassing how many hands it needs to touch to get to its final destination and into the hands that need the assistance. As we grow, we will reach out to organizations or groups already established in a region of the world and send money, food, or supplies directly to them.
The Why
Recently, we informally surveyed people at our employment, which represents the middle class (social-economically speaking) about why they don’t donate more. All of them said that it’s because they don’t really know where there money is going and how it’s being used. If you could digitally track where your donations are going and see that it was spent on what you intended it to be spent on, undoubtedly people would donate more. But, because current donation processes don’t allow for this, it really discourages people from just sending money out and hoping that is gets to its intended location or need.
The Vote
Simply by holding tokens investors are able to vote each month what are focus is on. We will rotate efforts between strait donations to charities, think tanks for solving issues with technology, or even strait cargo drops of food, medical supplies, water, or clothing to countries in need. Each month a group of options will be provided to you the investors to vote on. Depending on the event the top 1, or top 5 will be selected and distributed based on the vote.
The Proof of Stake
TerraFirma Coin is based off POS Coin, which is the first ERC20 compliant token to implement Proof of Stake. We chose proof of stake to be more economically sound rather than the energy hungry mining of proof of work. It also allows our investors to earn additional tokens simply by holding them, as well as giving us a means to generate the donations so nothing has to come out of your pocket for us to give aid to those in need. Our company will hold a large supply of tokens to generate the interest needed to provide these donations. We chose this rather than asking for donations, or taking a chunk of miners rewards. This approach lets us do the most good while taking nothing from you the investors. Proof of stake also helps to protect against 51% attacks as it chooses 10 random wallets to approve the transactions. It also means transactions are pushed through quicker as they are not stuck waiting on miners to pick up the transaction.
The Road Ahead
As the continued goal of cryptocurrency is to push adaptation we will seek to bring charitable organizations as well as distribution companies together in accepting our tokens as form of payment for the goods to be donated. Clothing supplies, food distribution centers, as well as companies that produce technology furthering education. All to bring the wasted resources to the people that need them. Every year so much food, clothing, shoes, and technology go to waste. We can offer our tokens in exchange for these goods as well as letting the companies write off the transaction as donations. By getting already established charities onboard with our token we can make the donation process much easier and more streamlined. Allowing us to give the token directly to those in need. We hope that seeing the good that CryptoCurrency can do that the world will look at it in a better light and hopefully begin to accept it. It took credit cards over 30 years to be adapted as much as they are currently, so we have a long road ahead of us, but we will HODL on and continue to try to push adaptation.