The cryptocurrency world moves faster than ever predicted, even rumors that it would replace the single-entity-controlled currency. The lightning-fast speed of its progression means new players are constantly entering the cryptocurrency market, but some are making a bigger splash than others. $CBD Coin is one of these unique and alluring cryptocurrency players.
$CBD Coin is the world’s very first CBD coin that donates CBD products to the underprivileged who are not financially able to afford these products to address their health issues. With 1000+ holders already, $CBD Coin has gained attention for both its charitable purpose and assurance that 95% of its liquidity is locked for three months. This assurance is good news for anyone who knows the value of locking any percentage of liquidity. For the uninitiated, if liquidity is locked, it means the developer has deposited a certain percentage that will be untouched for a specific amount of time. In the case of $CBD Coin, that percentage is 95%, and as per their official website, it is locked on DxSale for three months. Providing this assurance is a show of good faith that should be setting traders’ minds at ease and presenting $CBD Coin as an attractive portfolio prospect.
Upon its launch, 60% of $CBD Coin’s tokens were purposefully burned, which has left just two billion of their tokens in circulation, adding to $CBD Coin’s appeal as a unique portfolio addition. Furthermore, from the 9% transaction fee, the company will allocate 3% for the charity fund, 3% for marketing, and 3% will be sent to the liquidity pool.
$CBD Coin is planned as a long-term project that is preparing for its future within the cryptocurrency industry and brightening the future of those less fortunate. As the world’s first CBD charity coin, the company will ensure that 3% of the transaction fee helps provide CBD products to those on SSDI, disability, and government assistance (as per a company spokesperson, the charity fund allocation will not be increased to more than 5%).
In phase three, the company will connect with CBDOil.com to allow crypto payments using $CBD Coin. Within the fast-paced world of cryptocurrency, assurances can be hard to find, so they are worth your attention when you do find them.