Josh Cook (ClockUniverse) shares how the Terracoin community aims to utilize its blockchain-based crypto technology for charitable causes
COLUMBUS, OH, July 31, 2018 /24-7PressRelease/ — Blockchain Relations, a media networking brand committed to helping blockchain innovations go mainstream via widespread awareness, today announces the online availability of its recently recorded interview with Terracoin (Crypto: TRC), a long-standing crypto focused on helping people around the globe by funding charitable endeavors while opening a whole new world of possibilities in commerce.
Josh Cook, better known as by the username ClockUniverse in Terracoin’s community channels, provided a comprehensive overview of what Terracoin is today while sharing exciting goals for the future.
The recently posted interview can be viewed at https://youtu.be/gNKDG0T-sXU
Establishing a non-profit foundation is a key part of accomplishing the Terracoin community’s vision. In addition to ensuring longevity of the crypto-asset and increasing its usability, the foundation will hold masternodes that have already been donated by the community. These masternodes are continually generating Terracoin in exchange for providing service to the network. Once a certain objective is met, community members will then work together to decide where those service rewards should be donated.
Josh also shared how Terracoin can already be used to help humanitarian projects. Through the voting and funding platform in place, members can submit proposals on how to use the self-replenishing budget. As an example, a charity kitchen proposal was recently passed to provide food for the poor. The platform is also being used to improve usability and awareness of its technology for greater influence in the global market place.
Explaining how donors could also make a single contribution that generates residual Terracoin payouts for their favorite non-profit was another topic discussed, Josh provided the following statement, “The ultimate goal is seeing whole masternodes donated to nonprofits so that they would get payouts forever instead of only having one-time needs met by one-time donations. Anyone running a non-profit knows the challenge of maintaining a loyal list of donors to accomplish their goals and we hope to make this aspect of fundraising much easier for them.”
Other topics discussed include how anyone can influence the votes cast in the decentralized governance model, the way the proposal discussion process works, characteristics of Terracoin that stand out among other crypto options, the community’s shared passion to help the world and their neighbors, why individuals would want to use Terracoin if they aren’t already using Bitcoin, the welcoming environment for newcomers, and the long-term vision for Terracoin.
Terracoin (Crypto: TRC), one of the world’s first cryptocoins, is a community of people with the common goal of helping everyone around the world. With an ambitious roadmap in place for ongoing development and community growth, Terracoin has demonstrated its ability to stay at the forefront by integrating merged mining, decentralized governance, a masternode network, security features and more.
For more information via the Terracoin website, visit: https://terracoin.io/
To view an interactive flipbook and learn how to engage with the community, visit https://www.blockchainrelations.io/clients/terracoin/flipbook/
About Blockchain Relations
Blockchain Relations™ was launched as a division of The Global Precision Group (est. 2010) to help crypto-assets and blockchain projects achieve greater visibility through media connections and proven branding strategies. The core team leverages a unique blend of experience spanning media relations, investor relations, syndicated communications, marketing, crypto markets and community-building initiatives.
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