Philan to Provide a DAO With Real-World Impact

May 04 00:48 2022
Philan to release a DAO driven by a community LP on six networks with decentralisation at the forefront.

Philan aims to release its DAO on six networks that have the community in mind. The DAO is driven by a community LP and has some intriguing utilities with a big vision. Philan’s DAO aims to provide humanity with a tool that will allow them to help humanity without the need for other entities to get involved.

Philan aims to do this by allowing those with $PHILAN to donate their $PHILAN to vetted charities through their Charity DAPP or place a vote using $PHILAN as to which Charity should receive a lumpsum donation from Philan’s Charity wallet. Furthermore, Philan inspires investors to become Authors. Authors have the ability to send a philanthropic project of their own. Bookkeepers review the proposal and its legitimacy, and if all the checks are passed, it is then presented to the community to receive donations. To become an Author, the person must first provide a KYC, pass a background check, and interview.

Philan’s central concept to keep everything decentralised and keeping its community-driven is by utilising a community liquidity pool (LP). People are encouraged to contribute to the community LP and receive a share of the pool. The LP tokens received via contributing to the community LP can then be staked through their staking DAPP to receive $PHILAN. Philan’s first launch has been on the Binance Smart Chain (BSC), and their subsequent launches will be:

  • Ethereum (ETH)
  • Avalanche (AVAX)
  • Fantom (FTM)
  • Polygon (MATIC)
  • Solana (SOL)

The team aims to provide new ways the crypto world can be of power in the physical world and help to create change in people’s lives.

“Philan is a vision. A tool. A tool for humanity. If there are people that want to build a village. You can become an Author and make that into a philanthropic project proposal if you want to help a family house themselves or pay for an operation. It can be sent in as a proposal. When they are presented to the community, everyone can choose to donate and help. Philan has the power to truly change people’s lives.” – Philan Team (philan.live)

About Philan

Philan is a cryptocurrency project aiming to create an impact on Earth through philanthropic projects. Philan is a DAO with a community LP where contributors can stake the LP tokens and receive $PHILAN. $PHILAN can be donated to various charities or philanthropic projects. It can also be used to place a vote as to which charity or philanthropic project should receive a lumpsum donation from Philan’s Charity Wallet. Philan has launched on BSC, with future launches to be on ETH, AVAX, FTM, MATIC, and SOL.

Visit their website: philan.live and follow them on Twitter for more information.

Media Contact
Company Name: Philan
Contact Person: Escobar
Email: Send Email
Country: United Kingdom
Website: https://philan.live

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