Pledge Utility Coin (PUC)
The Pledge Utility Coin (PUC) project bridges the gap between local needs and global giving using blockchain technology: In simple terms, PUC is to the nonprofit space, what Uber is to the Taxi Industry.
30% - Liquidity Pool
10% - Dev & Marketing
20% - Presale (Across all platforms and phases)
20% - Founders
20% - Non Profits
Most of the tokens have been locked or are in escrow with the relevant exchanges for the IEO. Vesting is at this rate
Liquidity Pool - 1% vesting per month
Dev & Marketing – 2% vesting per month
Founders – 2% vesting per month
Non Profits – 2% vesting per month
Presale – Tokens purchased during the IEO will not be subject to a lock.
Pledge Utility Coin’s mission is to be a force for the greater good. Specifically, our efforts bridge the gap between global donors and nonprofits in local communities. In simpler terms, as Uber is to the Taxi industry, the PUC project is to the Nonprofit industry. We are currently partnered with 20 nonprofits in different parts of the globe. (US, West Africa, East Africa, Germany, and London). We list a couple of them on our website here: www.trypledge.org.
Our Project is live (it is on the Binance Mainnet), however we have not launched on an exchange yet. That is going to be done post IEO/presale. For full details on our presale go here: https://presale.trypledge.org.
Some of the Use Cases of PUC are listed below:
a) To make it easier to give to those most in need
The most successful inventions are the ones that solve an important social problem. If you have ever come across representatives of humanitarian nonprofit organizations crowdfunding on busy metropolitan streets to get you to commit to a pledge, you realize just how difficult it is for these organizations to rally the sort of support that they require to meet their objectives. In the aftermath of the COVID-19 pandemic, the situation becomes more dire as people seek to avoid unnecessary interpersonal communication to prevent the possibility of contracting the virus. When such conundrums arise, they create a social problem. The PUC team developed the PUC token to tackle this particular problem by making the process of donating to nonprofit organizations and foundations seamless through the use of blockchain technology
b) To power NFT purchases
PUC plans to develop a simple to use NFT creation and exchange platform where the PUC token will be used to trade NFT tokens. See the roadmap at www.trypledge.org for more information.
c) To Support Global Giving through Micro Transaction Fees
Our ultimate goal is to power global giving using the PUC’s own blockchain (which we intend to build). This new blockchain will have smart contracts powered by PUC. Similar to Ethereum and Binance coins, a smart contract supported blockchain has a natural inbuilt demand because of the need to power all underlying token transactions using gas denominated in the network’s currency (in our case PUC). With an increase in demand for PUC, PUC should appreciate in value over time. Our goal is to ultimately give up to 90% of Gas fees to local small Nonprofits across the globe.
d) For everyday e-commerce purchases.
PUC like any other cryptocurrency will be useable for everyday purchases online: For Grocery purchases, for buying Sports equipment, for paying for services.
This project has a hybrid business model.
a) We intend to build value from the native digital asset through transaction fees, and value appreciation of the BEP20 PUC token.
b) Our ultimate goal is to power global giving using the PUC’s own blockchain (which we intend to build). This new blockchain will have smart contracts powered by PUC. Similar to Ethereum and Binance coins, a smart contract supported blockchain has a natural inbuilt demand because of the need to power all underlying token transactions using gas denominated in the network’s currency (in our case PUC). With an increase in demand for PUC (because of the need to pay for gas), PUC should appreciate in value over time.
c) We also intend to build an echo system reliant on PUC, which will create additional organic demand. One of the central products we intend to build is a Crowdfunding platform powered by PUC. A small portion of all donations will go to the project itself as revenue.
FYI - our hardcap and softcap numbers mentioned on this page are the aggregate across all platforms.