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Ubisoft assists UNICEF in using cryptocurrencies

The famous French gaming company Ubisoft has created Rabbids Token, the system that enables users directly transfer Ethereum to UNISEF.

Rabbids Token by Ubisoft.

For launching the project Ubisoft has issued 5 kinds of tokens, and each of them has its image and the price ranges from 0.05 to 0.15 ETH. These are not NFT (Non Fungible Token) but the standard ERC20 tokens adjusted to smart contracts. These tokens are not kept in wallets which means that users do not buy them, they just hold tokens for some time unless some other user decides to buy them. In this case token is withdrawn from wallet of former owner who still preserves POPO (Proof of Plausible Ownership) and is transferred to the next buyer.

As it was already mentioned, this initiative is aimed at collecting funds that would be passed to UNISEF Ethereum address, and thus it would help to avoid third parties. UNISEF is not the beginner in blockchain and cryptocurrencies since it has already launched several services and collaborations like Litecoin Foundation. Furthermore, it can boast of acceptance of 9 different crypto assets including Bitcoin (BTC), Ethereum (ETH), several ERC20 tokens , Litecoin (LTC), Ripple (XRP), DAI, Dash, Monero (XMR), EOS and Stellar (XLM).

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Cryptos backed by oil

[vc_row][vc_column][vc_paragraph text="Are there cryptocurrencies backed by oil and correlated to barrel’s price which would enable to invest in oil while ...