The LGBT Token cryptocurrency is issued by the LGBT Foundation, a nonprofit organization with the mission to bring crypto to the global pink economy in order to leverage the underserved 4.6 trillion USD market. The LGBT Foundation will drive the adoption of the LGBT Token as a method of payment in everyday transactions for businesses both digital and physical. To jumpstart this, Hornet Networks, the sponsor of the LGBT Foundation, will adopt the Token among its 25m users—some 10% of the LGBT community worldwide—and accept the LGBT Token as a means of payment for its services.
In January 2018, the LGBT Foundation was launched with the goal of achieving equal rights and acceptance for all members of the global LGBT community with the help of blockchain technology. One of the key ingredients to the success of the LGBT Token will be the accumulated experience of the launch partners, its team members, and the wide range of advisers and service providers recruited by the LGBT Foundation, which will issue the Token. The LGBT Foundation will administer the supply and ensure a healthy economic model for the users and partners while also providing the necessary infrastructure to operate a decentralized and autonomous network. It has planned the upcoming launch of LGBT Token for three key purposes: verification and protection of LGBT community members’ identities; demonstrating and utilizing the economic might of the LGBT community; and generating resources to tackle anti-LGBT repression and inequality.
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Founder of Texploxe, IMMO and ABP Member, Learner Rated on Sep 28, 2018
2
2
1
25%
1. Bitcoin is free to be used by anyone, anywhere and anyway! No need for a new token for that.
2. If your aim really is for identity protection, etc. Do you have an MVP or prototype for the same rather than just an image?
3. Can the team show any proof that Vinny Lingham is connected to your project as an Advisor? Once that is proved, the Team score can be increased to 3.
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