CCCoin LLC, Transferring Charitable Funds to Positively Impact Society

Crypto-currency is the way transactions are increasingly made today and it holds a lot of promise for the future, where its ability to revolutionize the world of finance is palpable. CCCoin is joining the revolution by being the first charitable crypto-currency; its giving back to society intent setting it apart.

CCCoin Logo

For those uninitiated, CCCoin is a form of crypto-currency in its fundamental form. It means, on the surface it is a digital currency that makes use of encryption techniques to generate the use of regular currency and ensure the transfers of funds. CCCoin, or its full form name Conscious Capitalism Coin, can be compared with Bitcoins — they both share many similarities in a quite a number of aspects. For example, both CCCoin and Bitcoin are a form of virtual asset — this means they don’t possess a physical, touchable nature because they are neither actual coins nor printed notes; they can be encapsulated as digital currency. CCCoin and Bitcoin are also de-centralized — this means no single institutions controls or monopolizes them. These coins are nothing like the money that is deposited in the bank. Easy to be set up and used, with these digital currencies, one doesn’t need to stand in long queues at the traditional banks — they also require minimum transaction fees. Being very transparent and open, both coins are stored in their ‘virtual wallets.’ With the advent of the almighty block chain, when transactions using these coins are made, nothing is closeted at every involved network — the general ledger is readily publicly available.

With the above said, what makes CCCoin outstanding is its primary objective that is wholly different with that of Bitcoin. CCCoin works by transferring funds to charity organizations (up to fifty charities in its list) while Bitcoin solves mathematical problems sent to one’s computer and exchange or purchase for actual currency via BitMining — these are the key differences between CCCoin and Bitcoin. In an unprecedented move, CCCoin pioneers the concept of electronic currency that redirects the acquired virtual assets to charitable organizations instead of to the user itself. The user is automatically given the status of ‘vote holder’ and they can vote for the charity organization of their fancy and want to see the money go to — there are up to fifty charitable organizations to choose with various intents and goals, from environmental preservation to illnesses research funding. Truly, with CCCoin, one can truly do good by giving back to the society which not only helps those in need but also fulfilling one’s due social responsibilities along with engendering a sense of personal satisfaction. CCCoin’s mission statement;

‘Saving the World One Currency Transaction at a Time,’

…is testimony to their dedication to empower society by the virtue of donations to charities doing noble work.

CCCoin works by a de-centralized Application (forked) off of the Ethereum Blockchain Platform. Conscious Capitalism Coin adds to their original purpose — because CCCoin is a DApp (or application built or forked) off of the original Ethereum Blockchain. There are 2 stages in CCCoin distribution. First stage is where CCCoin starts with 2,500,000 coins issued through the Conscious Capitalism public ICO. This will get the coins out on the open market. Next is the stage of coin mass production where 50,000 new coins will be produced into the CCCoin-Team Wallet and sold into the exchanges each month or 600,000 per year until the saturated point of 12,000,000 is reached.

CCCoin is all about strict principles in the course of operations — no dishonesty, underhanded approach and dubiousness are tolerated — the currency exchange is free from any third party interference and influence. The developers of CCCoin have made the clockworks cost effective which serves as added benefits to the less fortunate they intend to extend a lifeline to. CCCoin’s closed yet direct transactions make it a surefire and a risk-free investment — it’s designed to be free from defaults and is directed towards risk wary investors. Adding value to transactions, CCCoin has the preordained design that follows the principle of equivalent exchange. When one invests in CCCoin, they own significant value. Also, as the vote holder that gets to decide which charity shall benefit, the receiver derives enormous value from the investor’s investment. These workings of CCCoin prove to set new standards for finances.

Perhaps another of CCCoin’s prominent feature is the ‘vote holder’ status, besides it being the first charity minded crypto-currency. Every coin holder gets the ‘monthly voting right.’ They are given the power to make their own Charitable Donation Investment Decisions. This enables the user to exercise discretion and form a judgment on which charity is the most deserving in their accordance. CCCoin is rigorous in their system of donations directive — the channeling of the funds are followed up regularly. Analyses that are to the dot are imposed on the allocations of the investments that have been made by the users. The CCCoin website updates the funds flow details — CCCoin is firm in its bid to be highly transparent and open. To create an up-close and personal interaction between the donor and the recipient, CCCoin-Team Slack.com at Slack Channel, is formed which serves as a social platform for CCCoin holders. CCCoin’s goal is to make charity easy, fun and ubiquitous.

About CCCoin’s founder & CCCoin-Team

The founder of CCCoin is Lucas Coffey, an ex pilot who served 6 years in the US military serving humanitarian aid missions, particularly Operation Iraqi Freedom. After a health affliction that left him unable to continue piloting, he taught himself coding and is now the CEO of CCCoin, a crypto-currency which aims to impact society via charity.

“When we were creating the pot percentages we wanted to donate 10% to 10 charities. — But after talking about it we decided to do just a few large donations because we felt larger donations would give us more authority to ask and look at a charities or nonprofits donations if we felt that they were not being ethical.” — Lucas Coffey — CCCoin CEO

The remarkable aspect about CCCoin is its team which adheres to standard professional work practices. CCCoin- keeps track of every non-profit organization that receives the donations to ascertain that malpractices don’t manifest. If at all the CCCoin-Team headed by Coffey finds that any charity in their list is up to non-ethical and unreasonable use of the donations, the organization will be expunged from the list — the CCCoin-Team is very forthcoming of that.

In the words of Lucas Coffey,

“We hold the right to withdraw from any charity, nonprofit or foundation who is not acting responsibly and in the best interest of the stakeholders.”

CCCoin’s vision statement is, “Saving the world by increasing charitable giving, through currency transactions.” CCCoin wants to gain foothold as ‘the most socially impactful Crypto-Currency ever’ and is poised to harness technology for the uplifting of society.

The CCCoin ICO Starts on Aug, 21st, 2017 and runs until Sept, 21st, 2017

To learn more, visit CCCoin at: CCCoin.io

Find them on Twitter at: @CCCoinTeam

Visit them on Reddit at: reddit.com/r/CCCoinTeam/

Find them on LinkedIn at: CCCoin.io

Or Visit their Slack Channel at: CCCoin-Team.Slack.com