Guap Coin Fund Raising Initiative
The Guap Foundation today announced the launch of a campaign to raise funds to invest in underserved minority communities around the country.
The Foundation, created in 2019 and restructured in January of this year, sets out to educate these underserved communities on the use of cryptocurrency. You can support with a donation to the ongoing IndieGogo Campaign. [NEED LINK] (was a catchy name created for the campaign?)“We believe that cryptocurrency is best learned in practice, rather than from the sidelines – just
like any other form of wealth-building,” said AJ, Foundation Director. “We want our
communities to understand how cryptocurrency can be applied to our new economy.”
The Guap Foundation was formed in 2019 (delete 2019 – already stated) to ensure the preservation of our mission to
primarily impact the Black community utilizing this blockchain for good. A recent study of
the global cryptocurrency market shows that it is projected to have a 30% compound annual growth
rate of 30% (repeat?) reaching $5.19 million by 2026, up from $792.5 million in 2019. Guapcoin is the nation’s first publicly traded, decentralized cryptocurrency that addresses the
economic and financial concerns of the Global African Diaspora community. The fund will assist
the Foundation in several ways, including: (suggest using bullets for clarity) helping it to enhance and upgrade the Guapcoin blockchain; strengthen Guapcoin infrastructure to enable efficient development, testing and
deployment of new features and fixes; enable an on chain treasury fund and project proposal
function; enable on chain voting for Guapcoin Governors (to vote on the overall direction of
Guapcoin and the use of treasury funds for proposed projects); develop Guapcoin software and
hardware updates (such as hardware wallets, masternode services, crypto debit cards and point
of sale devices).