Fox Finance: The Community Coin Project Which Gives a Fox

Fox Finance is a community coin and animal preservation project which rewards users for holding $FOX while trying to make the world a better place.

By
Robert D. Knight
on
May 21, 2021
Category:
Sponsored

The Mission

Fox Finance is more than a project governed by tokenomics and marketing. It is, first and foremost, a platform united by its grand mission to improve the planet through habitat and animal conservation. Fox Finance is focused not only on saving foxes either but the other 41,415 animals on the endangered species list too. Fox Finance believes that none of us can survive without tackling larger issues at hand such as climate change. Fox Finance believes that most money including fiat is not used to save the planet but to endanger it, and by controlling its own native currency, $FOX, they can change this, rewarding users for environmentally positive behaviors.

What is Fox Finance?

Source

Fox Finance is an environmentally concerned community coin project which taxes every transaction to reward users for holding coins and not selling. Since its launch in March, the project has acquired 136,000 unique addresses, 20,000 members in its Telegram community, and 40,000 followers on Twitter. This makes Fox Finance one of the fastest-growing community projects in the cryptosphere. Its environmental activism and aspirational mission have attracted a community of highly passionate and engaged users.

The project is also backed by solid fundamentals. 6% of each transaction goes to liquidity with a rolling 4-year lock and another 6% goes to all token holders on a pro-rata basis by the stake. A major component of the project is the FOXES IN ACTION advocacy group, which rewards the community for completing environmentally friendly tasks such as planting trees or cleaning up litter. The project also adopts foxes through the World Wildlife Fund and donates to other wildlife charities. This allows $FOX holders to preserve the planet while also rewarding themselves through DeFi mechanics.

Key Features

-Environmentally focused community coin
-Deflationary token model

-Transaction tax with half of the rewards paid to token holders

Tokenomics

source

Roadmap

NFT Marketplace

The next major update on the horizon for Fox Finance is an open NFT marketplace on Binance Smart Chain. The project has already minted over 100 NFTs for this purpose and implemented the FOXNFT contract. The NFT marketplace will integrate Fox Digital Merchandise for the entire community to view and buy.

Trustless Donation Pipeline

The trustless donation pipeline will bolter Fox Finance’s commitment to wildlife preservation. A decentralized method of making charity donations through smart contracts. Utilizing special charity vaults in Binance Smart Chain to make the flow of donations as seamless as possible.

BSC Business Suite

A set of contracts, dApps, and other tools for blockchain projects working on the Binance Smart Chain. This is where Fox becomes Fox Finance, equipping businesses to operate on Binance Smart Chain.

FOXDAO

In keeping with the project’s belief in decentralized decision making the FOXDAO is a decentralized autonomous organization that will put the control of Fox Finance firmly into the hands of the community.

Concluding Thoughts

Fox Finance combines frictionless tokenomic design with a socially and environmentally conscious mission. This gives users both pragmatic and idealistic reasons to hold on to $FOX tokens and to support the project. So far, Fox Finance has been hugely successful in convincing users to join and take an interest in the project. Now, with an NFT marketplace set to launch there are even more reasons to check out Fox Finance.


Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Tags:
No items found.
Robert D. Knight

Robert D. Knight is an experienced journalist and copywriter who has been working in crypto for 4+ years. His bags are heavy and he also hodls some cryptocurrency.

Text Link

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.