LGBT Foundation - Blockchain in Pursuit of Equal Rights
The LGBT Token cryptocurrency is issued by the LGBT Foundation, a nonprofit organization with the mission to bring crypto to the global pink economy; and underserved 4.6 trillion USD market. The Foundation will drive the adoption of the LGBT Token as a method of payment in everyday transactions for businesses both digital and physical.
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Goals of the LGBT Token
- LGBT Identity Management: Enable LGBT members to verify and protect their identities, especially in countries where they face repercussions.
- Pink Economy: Harness the economic might of the worldwide LGBT community by implementing a viable payment system for goods and services.
- LGBT Impact: Set aside a portion of Tokens every year to generate funding to tackle LGBT discrimination, oppression, and inequality on a global scale.
To jumpstart this, Hornet Networks, the sponsor of the Foundation, will adopt the token among its 25m users—some 10% of the LGBT community worldwide—and accept it as a means of payment for its services.