What can you do with your CRG tokens?
Charity Alfa Market
The soul of the system is the Charity Market. This is not so easy to understand, because it is a brand new concept.
Charity and investing have never been side by side before. What is understandable, as whoever combines something to make everyone work well, be it a needy or a charity organization, or a donor or even an investor.
Let’s say who’s helping, all the good thing is returning back to him.
The Charity Market is an exchange interface. You can put your bids with your CRG tokens. Bids are placed in the form of futures token packages.
(The holders of this token are wide variety, nowaday who is claiming for Airdrop, or doing Volunteer Mining, but you can buy it in the future.)
A charity percentage offer for each token package must be defined, for the charity organization already in the system. (It can be from 0% to 100%)
The current exchange rate of the tokens depends on several factors.
The sales price of the tokens that are closed with a valid bid and are exchanged at the same time will be averaged.
In addition to the average price, tokens/token packages are more important in determining the exchange rate at which a greater charity offer has been made.
Thus, the catalyst for trading is the charity offering and the extent to which the exchange rate can move.
This pillar is currently under development, a lite version of that is coming soon, which is a block chain based fundraising interface.
The owners of the Cryptog token (CRG) placeing bids through the application into the market system, i.e. offer their CRGs for sale. When placing a bid, you must specify the minimum price and how much percent you offer for charity from the whole amount, for the organizations who are in the system, in case of a successful bid. Offering ranges from 0 to 100%, and an expiry date must be given.
Investors / donors make purchase offers for CRG packages in the system via the application, (pay in EOS cryptocurrency) and when the deadline expires, the bid will be the winner that offered the highest amount for the CRG package.
After the auction has ended with a valid bid, the offered amount will be added to the system. According to the sales offer, the amount received is transferred to in two directions. The charity organization receives the percentage of the amount offered to them. The Cryptog owner who places the ask offer will receive the remaining amount. The amount of token offered for sale is transferred to the investor / donor who placed the winning bid.
The Cryptog (CRG) is an EOS based token, which is established on the EOSIO network. You can get CRG tokens in several ways eg.: Airdrop, crypto exchange, or the Marketplace of the Charity Alfa.