There are a couple of domains which Binance uses, as the latest cryptocurrency news show. For example, there is the Binance.you-name-it which is a domain with a purpose. There is Binance.com as well as Binance Jersey and soon, there will be Binance US, too. But all of these are the exchange’s projects including Binance Research and Binance Charity.
In fact, Binance.charity launched a new effort a couple of days ago with the main goal of tackling “period poverty.” The project is simple – it aims to bring more feminine care products to all the women in need of them. Knowing that such products are expensive and many women around the world are poor, Binance Charity launches a new project which will push the products to the women held back by their natural bodily cycles.
According to the paper which Binance Charity wrote on the subject, this project should be able to help more than 1 million young women around the world. Still, Binance’s “Pink Care” token which is a Binance Chain token that can be purchased with donating, is not like traditional philanthropy at all.
In that manner, Binance Charity decided to launch the Pink Care Token as one that would help the donations. On a larger note, Binance has chosen to ingratiate itself with a commonly ignored demographic: women.
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The point of this Binance Charity project, as the altcoin news note, is to not always achieve a positive outcome. Still, the cheeky nature of the project and the Binance “Period Poverty” token is described as the following:
“By launching the Pink Care Token — the first tangible application of cryptocurrency for young women empowerment in social impact industry, we aim to use blockchain for social good and transform traditional charitable giving in a fully transparent and accountable manner. By actively responding to the 4th industrial revolution, we attempt to shape a brighter future of all human beings, especially the bottom billions, humanity into a shared sense of dignity. After all, it comes down to human and values.”
This is what Binance Charity said following the launch and what it was quoted for on the best cryptocurrency news sites. Currently, Binance is not the only exchange with efforts to find the most significant problems for people. However, it is definitely among the most enthusiastic ones.
Support @BinanceBCF‘s #PinkCareToken project and fight #periodpoverty. @arrington @ErikVoorhees @SatoshiLite will you take the challenge and post your photo with the same pose? Spread the love and donate to https://t.co/b179vtKpTG . Help 1 million young women live with dignity. pic.twitter.com/0Zomiv2hQu
— CZ Binance 🔶🔶🔶 (@cz_binance) July 5, 2019
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