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KryptoFranc (KYF) is a new cryptocurrency that Nicolas Choukroun and Jean Martial Lefranc created. It is a peer-to-peer Internet currency allowing instant, low-cost payments worldwide. KryptoFranc operates on an open-source, decentralized network, ensuring no central authorities are involved. The currency is designed to be compatible with Bitcoin Core and features faster transaction confirmation, quicker difficulty adjustment, and smoother subsidy. KryptoFranc has a circulating supply of approximately 10 billion coins and will never reach the end of mining.
KryptoFranc aims to be more than just a cryptocurrency. Half its potential supply has been pre-mined and will be donated over 10 years to charities dedicated to human rights and Earth preservation. The community of KYF holders will have the power to vote on the causes they wish to support. By leveraging its speculative appeal, KryptoFranc aims to disperse wealth and support good deeds. It offers a win-win system where investors invest in a cryptocurrency and contribute to NGOs that receive KYF, thus generating more wealth for both parties.
One of the main advantages of KryptoFranc is that it provides charities with a modern tool to collect donations and engage with the community. Additionally, joining the KYF community is free, making it easy for new members to enter and support causes they believe in. KryptoFranc has a transparent donation voting system, ensuring the community is involved in decision-making. The initial donation is made through the money supply reserve, without requiring any financial commitment from community members. The popularity and support from NGOs will help KryptoFranc gain recognition and differentiate itself from other cryptocurrencies.
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