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Introduction
Cryptocurrency is becoming increasingly popular in the financial sector, with philanthropies considering leveraging its potential. Crypto-philanthropy is still in its infancy, but many projects are coming out to support charitable causes.
Giving To Services is a decentralised crypto project that supports public service workers in need.
Why do Public Services Need Help?
Millions of public sector workers earn less than the real living wage. Many public service workers in the workplace suffer from poverty, whether directly employed or via outsourcing. The most common reasons cited by respondents in many countries include insufficient career advancement, inadequate pay, and uncaring bosses. Almost all public servants have to cope with overwork and overworked cases. There are millions of public service workers around the world who are considering quitting or switching professions because they feel undervalued and underpaid. As a result of all these factors, public service workers require assistance. This is where the GTS project comes into play!
Giving To Services provides an innovative way to reward public service workers. Despite unprecedented social, economic, and environmental changes, they continue to adapt and deliver innovative solutions that protect and recognise public servants. GTS offers rewards not only to everyday heroes in public service but also to generate a good return on investment for users.
What is an SVS token?
SVS is a utility token currently switching onto the XRP Ledger (from ERC-20), which is decentralised, so it cannot be controlled by a single party, making it community-based. The power of XRPL is enabling many organisations to elevate their operations. XRP Ledger enables GTS to leverage the scalability and speed of XRP to enhance operations. Globally, it facilitates transparent financial interaction between individuals, charities, and institutions. Regarding market cap, SVS is the most valuable charity token and the only cryptocurrency designed specifically to support public service employees.
As part of GTS’s commitment to building a trustworthy blockchain ecosystem, security is their top priority. One of the most trusted blockchain security audit firms, Certik, has a 93% Certik Audit score for SVS to ensure unprecedented security for its blockchain and smart contracts. The platform provides maximum transparency and benefits for investors and users. With Certik experts, the SVS core team ensured the project passed advanced security audits and penetration tests in order to enhance the user experience and improve safety. GTS is also part of the Crypto Climate Accord, an organisation dedicated to making crypto more sustainable.
How to earn through SVS tokens
With GTS, you can earn rewards using your SVS. Locking your SVS on the GTS platform allows you to earn passive income while supporting service professionals. Furthermore, the SVS token holders will share 4% of their rewards with eligible public sector workers. When you lock-in your SVS, your tokens are locked for a number of daya. You can re-stake or withdraw these rewards once the duration has been completed. You can earn rewards through SVS tokens by following these steps:
- The first step involves purchasing SVS tokens on an exchange that supports them, like Consbit, P2B, Uniswap, etc.
- Secondly, lock-in your SVS tokens using the Giving To Services platform.
- Lastly, withdraw your SVS rewards, and public sector workers will receive 4%.
How will SVS change charitable donations?
Giving To Services continues to grow and strives to become a global leader in the crypto industry. SVS fuels a platform that enables seamless donations and supports public sector workers. Below are some of the amazing benefits of SVS and how it will transform charitable giving.
Contributes 4% to Public Services
There is no doubt that public sector workers play a vital role in communities worldwide, yet they remain under-compensated. To support public sector workers, SVS provides 4% of realised rewards to eligible members of the armed forces, police forces, fire departments, health care providers, etc.
Earnings
The GTS maintains activity within one ecosystem and has its own proprietary platform. Currently, SVS is the world’s largest charitable token by market capitalisation and the only cryptocurrency supporting public service workers. Investing in SVS allows investors to earn rewards by locking their tokens on the GTS platform.
Environment Friendly
Concerned about the impact of climate change, GTS are currently switching to the XRP Ledger, the world’s first major blockchain certified as carbon neutral. With the XRP Ledger, transactions are processed through a unique consensus mechanism that consumes little energy, making GTS carbon-neutral. Moreover, the company also signed up for the Crypto Climate Accord, a private-sector initiative that was patterned after the Paris Climate Agreement of the United Nations.
Conclusion
The concept of crypto philanthropy differs considerably from traditional methods of giving. In recent years, crypto philanthropy channels have experienced rapid growth. Giving To Services is a blockchain-based charitable platform with a crypto token and rewards platform designed to support public sector workers.
Evidently, GTS is working hard to provide a platform for service personnel to obtain additional financial support beyond the low governmental remuneration. GTS facilitates direct donations and cause-based impact investing to help donors in innovative ways. Implementing these changes could provide charitable crypto investors with a new world of opportunities and disrupt the traditional method of giving.
Hopefully, you have enjoyed today’s article. Thanks for reading! Have a fantastic day! Live from the Platinum Crypto Trading Floor.
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