Blockchain technology and cryptocurrencies have emerged as huge enablers for multiple real-life use cases and applications. However, using technology platforms as an enabler to offer societal benefits is rare. One such organization is ModiCoin, which is leveraging its resources to help orphans across the country have a better and secured future, through the ModiCoin Foundation.
Modi – “Medium of Defi in Centre of Incorruptible Network” is a community-driven technology ecosystem that aims to revolutionize the way people adapt, trade, and invest digital assets. The key differentiator is its high scalability power enabled by lightning-quick cross-border transactions for a wide array of use cases while maintaining top-notch security standards.
The platform is powered by its native token named ModiCoin which is based on the Binance Smart Chain and adheres to the BEP20 standard. This token fuels our entire ecosystem and users can utilize this to access various products and services within and beyond our platform. ModiCoin is a highly differentiated digital asset developed around a robust economic model.
According to reports, the ModiCoin ecosystem is being built in multiple phases. And, under Phase 2 of the program, the organization aims to establish an orphanage under the ModiCoin Foundation.
Instances, when children have lost their parents and have no one to take care of them, are not rare in India and globally. These kids lose out on their entire childhood without access to basic amenities. The ModiCoin Foundation aims to address this problem by establishing an orphanage that goes beyond the traditional norms and help orphans have a quality childhood. As a part of this program, the orphanage will offer quality education, sports facilities, health & nutrition-related guidance, apart from basic amenities like food and shelter.
‘We want to create a space where orphans can have a normal childhood, just like any other privileged kid. Here, our goal is to normalize their childhood and prepare them well for the future, so that they can grow up to be responsible and literate citizens’ – ModiCoin Foundation
All in all, the organization is establishing a strong foundation wherein they can contribute towards the holistic development of orphans throughout their childhood in a safe and healthy environment.
What definitely comes across as a very noble cause, ModiCoin in itself is an extremely promising platform that is harnessing the power of blockchain and cryptocurrency to help individuals optimize the way they interact with digital assets. You can read more about this on https://www.modicoin.com/
However, as the organization inches closer towards the launch of its DeFi ecosystem, there is a lot of buzz around the ModiCoin Foundation and its premise of helping orphans and underprivileged children with education, sports facilities, and nutrition.