What charities will be supported?
30% of the total LIFE issued will be retained for gifts, donations and philanthropic purposes.
LIFE users can propose new charities they would like to see benefit from extra funding. Each month a number of charities will be randomly drawn from these suggestions, and users will be able to vote for their preferred charity via a dedicated interface voting portal. Users can also send coins from their wallet to the charity if they so wish. The charity can either take LIFE, trade them or cash them in as they desire.
Whilst we will not restrict the charities to be put forward, the selected charities must be apolitical and humanitarian in nature and without borders.
Any philanthropic donations will be made anonymously through LIFE.