What is smARTOFGIVING (AOG)?
smARTOFGIVING was created with the aim of creating a new way to raise money for charities without requesting any financial contributions. It is an innovative smart contract that uses technology to support disadvantaged children while also providing gaming entertainment and visibility for its donors.
Every game that is played creates a transaction that is saved on the blockchain and can be checked by anyone at any time. Additionally, the total amount of donations made to each charity organization is visible on their website. All charities receiving funds from the platform have been thoroughly vetted for quality, which includes examining past records, awards, certifications, legal status, how widely used their programs are, and how dedicated their teams are. To put it simply, when people play games on the platform, they can be confident that they're creating real value in the world for those who need it most.
The AOG crypto token is the native utility asset of the platform. It is built on the Ethereum blockchain based on the ERC-20 token standard. You can check the live smARTOFGIVING price on the chart above.
Use Cases of AOG Tokens
The major use of the AOG coin is for donations to charities listed on the platform. When players participate in games, they earn AOG tokens, which are accumulated and later donated to any charity organization the user wants. Due to transaction costs on the Ethereum blockchain, players must accumulate at least 250 AOG tokens before they can make donations. Additionally, these donations can be tracked by the user to ensure that the money gets to the charity it was intended for.
If you want to see how much your donation would be worth, check out the smARTOFGIVING price chart above. It features the current and the previous AOG price.
Who Founded smARTOFGIVING?
The platform was created by Dr. Rajesh Jain, Amrita Ahuja, and Dr. Sanjay Jain.
Dr. Rajesh Jain is an entrepreneur and investor who has extensive knowledge of technology and finance. Amrita Ahuja is a businesswoman with substantial experience in the corporate world. Dr. Sanjay Jain is a physician and entrepreneur who has worked for over two decades in the field of medicine.
AOG Tokenomics
The max supply of AOG tokens that can ever exist is set at 2.7 billion. The supply is divided in the following way: 5% for Pre-ICO, 25% for ICO, 50% for Charity Reserves, 10% for the core team/founders, and 10% for promotions and marketing.
The limited supply will make the asset more scarce in the future. This might result in an increase in the AOG price.
