Exploring Vision of Corona Crypto

Corona Crypto
2 min readMay 29, 2021
Vision of Corona Crypto

Overview
Corona Crypto is a project that applies Blockchain technology to create a constant directional algorithm chain.
Corona Crypto makes fund-raising data transparent through on-chain public archives and eliminates charitable organizations which are separate and unreliable to replace them with a divisional system.
Corona Crypto is the most transparent platform in charity
The lack of transparency in donations to prevent the Covid-19 pandemic has created suspicion. In this case, the Corona project will ensure transparency when contributions are donated because all transactions are publicly recorded and cannot change in the ledger of the controller.
Vision:
Corona Crypto helps reduce the Impact of Covid-19 on Society which a transparent structure, so donors will be able to know how their money is optimized.
That will make them trust the project and the nonprofit activities.
Every transaction can verify on the blockchain very simply. The more transparent and accountable, it is the more credible donators become. That encourages them to make more donations. Also, the credibility and reputation of the charity will accordingly increase.
Therefore, the donors will be able to know how their money is optimized.

NCOR Fund Distribution
25% for supporting the solution research organizations to fight the epidemic off. The number of Tokens will be kept in a private wallet, distributed over time.
50% for developing DEFI applications to make the strong community
25% for Emergency Reserve Fund

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