Gaza Token Whitepaper

By Gaza Token ($GAZA) | Gaza Token | 9 Jun 2021


Automatic 4% Distribution to GazaFund Charity Wallet and 3% to Holders Every Transaction


Abstract: Gaza Token is a charity-based cryptocurrency that seeks to raise funds for the Gaza strip. Gaza has been devastated by a fourteen blockade and has suffered over $100 million worth of damage during its May 2021 conflict with Israel. Our token seeks to establish an ongoing and sustainable charity initiative by distributing 4% of each transaction to our GazaFund and rewarding holders with a 3% reward from every transaction. 

Gaza Humanitarian Crisis: Gaza is a densely populated Palestinian territory that is that is facing one of the direst humanitarian crises in our modern history. Even before the May 2021 conflict with Israel, Gaza has been plagued by infrastructure problems. Due to a lack of resources for energy production, most Gazans are only able to access electricity for a fraction of the day. Nearly 70% of Gaza’s population are food insecure, meaning that nearly two-thirds of the population will go without food for days at a time. These problems have been exacerbated by blockades which have severely limited the resources that can enter Gaza. In addition to this, the blockades constrain the ability of Gazans to leave the territory for employment. The United Nations warns us that Gaza’s already weak infrastructure will take years to rebuild after the latest round of bombings. Hospitals, water treatment facilities, schools and power plants have been damaged along with thousands of homes and businesses being destroyed. Gaza Token seeks to provide assistance in the rebuilding of Gaza’s infrastructure and providing temporary relief for those who are suffering in these dark times.

GazaFund: We believe in the power of harnessing blockchain technology to create a globally accessible charity fund with continuous fundraising potential. Each $GAZA transaction incurs a 4% charity distribution to our GazaFund wallet. This is a multi-signature wallet that requires the cooperation of seven team members to access funds, ensuring that no one team member has direct access. Reoccurring polls will be opened on our social media account for community member to vote on which Gaza relief fund we will donate to for that contribution period. Our team commits to making contributions at a minimum of once a month. As our project matures, our team’s goal is to hold NFT auctions in which the proceeds will be donated directly to relief organizations. Additionally, we strive to form partnerships that will allow us to make direct donations for Gaza relief.

$GAZA Tokenomics: Gaza Token operates on the Binance Smart Chain (BSC), which offers rapid transactions with minimal fees when compared to Ethereum. Liquidity funds will be raised with a public presale in which buyers are allowed to purchase a maximum of 2 BNB worth of GAZA tokens. The presale will have a 400 BNB hard cap. This ensures a broadly distributed base of early holders and liquidity locked upon launch. $GAZA will have:

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The Gaza Token protocol incentivizes holding by offering static rewards and allocating funds to the liquidity pool. Each transaction incurs a 10% fee which is distributed in three ways: 3% of this fee will be distributed to holders. 3% will be deposited into liquidity, which helps raise the market floor and reduce slippage. 4% goes to the GazaFund charity wallet.

Gaza Token strives to keep our community safe and prevent any one team member from being able to harm the project by selling large amounts of tokens. To do so, we have decided to make the presale completely public and avoid setting up team wallets. Our multi-signature marketing fund is divided into two budgets: 5% (50 trillion tokens) will be used for marketing expenses, such as influencers, shillers, promos, and community airdrops. The other 5% will be divided equally between all members of the Gaza Token project team.

Roadmap:

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Socials:

Website: https://www.gazatoken.com

Twitter: https://twitter.com/gazatokendev

Telegram: https://t.me/gaza_token

Facebook: https://m.facebook.com/ave-Gaza-100816028898417/

Instagram: https://www.instagram.com/savinggaza/

Discord: https://discord.com/invite/bd8jMhr98P

 

Gaza Token is a Distinct Entity: Our ticker symbol $GAZA and mission is shared with a separate entity that Gaza Token has no affiliation with. Make sure you do your research and assure that you are purchasing our native token rather than any others on the market. You can find the contract for our token in the resource section above and speak with one of our team members in our Telegram group to assure you are in fact purchasing Gaza Tokens. Please report any activity to our team if you suspect that our name, image, or likeness are being used for malicious purposes.

DYOR: There’s no hiding anything on the blockchain. You are more than welcome to assess for yourself the legitimacy of this project based on the transaction on the public ledger. Check out this webpage for a crash-course on how to spot and avoid rug pulls. The Gaza Token team encourages knowledgeable buyers who understand the risks and intricacies of trading cryptographic tokens, including how to safely transact and store tokens. As with most cryptographic tokens, Gaza Token is liable to experience extreme fluctuations in price over a short period of time. By purchasing Gaza Tokens, users expressly acknowledge and represent that they fully understand that the token may experience volatility in pricing and will not seek to hold the issuer liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected to, the purchase of Gaza Token.

Liability Disclaimer: Purchasing Gaza Token entails a number of risks concerning its valuation, safekeeping and continuous access to technical infrastructure (access to Internet, online exchange account, etc.). Users expressly acknowledge and represent that they fully understand that the token may experience volatility in pricing, liquidity, technical access, data breaches and will not seek to hold the issuer liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected to, the purchase of Gaza Token. As such the issuer will not be held liable for any damages that may arise from any lawful actions it undertakes. The lawful actions will be determined based on the legislation in force of the jurisdiction of the issuer’s corporate registration.

Taxation Disclaimer: When purchasing the Gaza Token users acknowledge that they fully understand that they are solely responsible for any tax reporting and payment, levies or similar dues to tax authorities of their respective jurisdiction. Users will not seek to hold the issuer liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected to, the purchase of Gaza Token as far as taxation issues are concerned. Users acknowledge that they fully understand that the details of their dealings, accounts and trading history information may be shared by the with the tax and law enforcement authorities that request them via legal and legitimate means in connection to a criminal activity.

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Gaza Token ($GAZA)
Gaza Token ($GAZA)

Humanity at its best


Gaza Token
Gaza Token

Humanity at its best

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