VetCoin will provide secure, military-grade, and fully transparent blockchain-enabled cryptocur-rency and a suite of services built by veterans committed to connecting, enabling, and transform-ing veteran communities.
Delaware, United States of America – November 14, 2021 —
The VetCoin Foundation announced on Veterans’ Day 11-11 at 1111h US Eastern Time the public sale of VetCoin following the pre-sale that went on from 11-01 to 11-10, a new cryptocurrency designed by veterans to harness the power of cryptocurrency to connect, enable, and transform veteran communities.
Elmer Francisco, Chief Executive Officer of the VetCoin Founda-tion, presented the purpose “Why Vetcoin?” and salient features of VetCoin that makes it standout amongst cryptocurrencies out there during the virtual launch last Veterans’ Day that was also live-streamed at the VetCoinHQ.com website, VetCoin 1111 Facebook Page and various social media platforms where the public may watch the recording.
“We will also be accepting applications for the VetCoin start-up incubation program until December 11, 2021 wherein two (2) de-serving veterans will receive $5,000 and 100 million VetCoins each to start their new businesses that will transform their lives and also provide employment for even more veterans. Visit our web-site for the Rules of Engagement.”, Francisco announced.
“VetCoin Team is also gearing-up for hybrid roadshows (both online and on-site) in all 50 US states and strategic cities globally to Connect, Enable and Transform veteran and crypto communi-ties in those areas to accomplish our mission. We encourage eve-ryone to join the Facebook Groups for their respective states or global for those located outside the United States to receive free VetCoin Airdrops.”, added Francisco.
According to Dr. Aaron Bazin, President of the VetCoin Foundation, “The idea of VetCoin is simple, we want to harness the pow-er of the blockchain to give back to our service members and their families. The community is already there, all we have to do is bring it onto the blockchain and enable them to use VetCoin in their everyday lives.”
The foundation for the use case of VetCoin is its smartphone app that is designed to bring the Veteran community and their families onto the blockchain in a simple, easy-to-understand way. Once on the app, veterans will be able to connect veterans to each other, veteran services, and retailers that offer military discounts. In addi-tion to creating new access to blockchain for over 20 million U.S. Veterans, VetCoin seeks to transform the lives of veterans world-wide.
Throughout history, as people went off to war, they returned changed, often not for the better. All things considered, it is a trag-edy that today, when a service member takes off the uniform, they face life challenges that range from difficulty transitioning to civil-ian life to homelessness and mental health issues. Every year on Veteran’s Day, VetCoin will recognize the most innovative Veter-an’s Charity in America with the “Burrell Award for Outstanding Support to the Veteran Community.” As users buy, sell, and trade VetCoin, a small percentage also goes into a fully transparent do-nation wallet. The community of VetCoin holders vote on how these funds are distributed to make sure VetCoin reinforces suc-cess in the network of charities and organizations that help veter-ans and their families.
VetCoin is an ERC-1155 token on the secure Polygon blockchain which uses a proof-of-stake mechanism to ensure security and transparency as a layer 2 solution to help scale the Ethereum net-work. VetCoin offers deflationary tokenomics, static rewards, and automatic liquidity. It also funds the community donation wallet. With this design, VetCoin users will pay only low gas fees, allow-ing them to use VetCoin in their everyday lives and access special discounts with major retailers and veteran-owned businesses.
VetCoin is a Grass-Roots Community Driven Project. It is not just for veterans it is for anyone that wants to support veteran commu-nities. For more information about the VetCoin Foundation and the VetCoin sale, click here.
Name: Media Relations
Email: Send Email
Organization: VetCoin Foundation Incorporated
Release ID: 89052970