Startup Madagascar Time Limited has launched a cryptocurrency to help fund the global clarity work.
Madagascar Time Limited, a recently launched startup, announced the launch of a new charitable cryptocurrency. $ TIME was created to help fight climate change and global poverty. The Madagascar team is made up of the co-founders Raymond Mullens, Armand Iancu, Ryan Bishop and Corey Blanchette. With a team of volunteers and interns from all over the world, they are using crypto wisely and contributing to positive change.
According to the Madagascar Time website, their name was chosen due to Madagascar’s climate vulnerability and using a lemur as a logo to represent their declining population. The name $ TIME given to the coin was made to “underscore the immediate need for action to save our planet and protect the lives of future generations.”
The team’s goal is to foster positive change while providing fun and games to a community of enthusiasts. “In addition to connecting different blockchain platforms,” the company says. At launch, Ethereum, Binance Smart Chain (BSC), and Matic are available to $ TIME holders.
The current $ TIME app offering is a game called “Spin the Wheel and Match Cards”. Gambling is the first stop on the team’s planned casino and exchange listings that are already available on CoinTiger. The company plans to create and market games around its lemur-based NFT avatars that can be purchased and traded for charity.
$ TIME is already making a change
The project claims to have already donated more than $ 30,000 since July 1 to the Salvation Army’s disaster relief fund, the California Wildfire Emergency Relief fund, and planted 4,000 of the 1 million ‘planned trees.
Donations also go around the world to places like Turkey, China and Greece. These international projects focus on social issues such as education, impoverished new mothers, children’s medical needs, and wildlife conservation.
Madagascar Time co-founder and chief marketing officer Ryan Bishop said in a statement, “This is ‘$ TIME’ that an organization has started using blockchain technology and crypto to change the world for the better. . Together we can buy TIME for the planet and future generations. “
Company Content Director Corey Blanchette added that “Protecting the environment must be more than a dream; we must do this as a global community in a sustainable and effective manner. That’s what inspired us to create $ TIME, but it’s only the beginning.
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