About Munch Token
A decentralized and community-owned currency, MUNCH tokens are creating a fairer, more evenly distributed system that anyone can be a part of. All Munch transactions are subject to a 7% transaction fee that is distributed back to the community and charitable causes. Of this 7% collected,2% goes to marketing/buybacks and burns 2% will be redistributed to the community of MUNCH holders and 3% will be sent directly to a charitable cause, decided by the community. All donations and rewards are programmed to be inherently secure, automated, trustless, and immutable via the locked design of the contract. We’re biting back against traditional financial models and taking a bite out of poverty and hunger around the world at the same time. MUNCH gives people the opportunity to participate in a unique currency and marketplace, earn rewards, and distribute money to causes they support. The community decides the direction and future of MUNCH.
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Market Stats
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Additional details
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MUNCH vs markets
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x944eeE930933BE5E23b690c8589021Ec8619a301 | |
BNB Smart Chain | 0xC70636a779118e57E1c6fdAfDd1f919Fae912d2f |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0000000002 | NaN% |
1 Day | $0.0000000002 | 0.00% |
1 Week | $0.0000000002 | 0.00% |
1 Month | $0.0000000002 | 0.00% |
1 Year | $0.0000000004 | 0.00% |
Coinbase insights
Recent trends
The latest MUNCH price is $0.0000000002.
FAQ
Munch Token is a blockchain-based DeFi platform that utilizes transaction fees for distributing resources to charitable causes. Such transaction fees are obtained by purchasing and selling MUNCH, the native token of the platform. The transaction fee is converted to Ethereum during the transaction process and sent directly to the wallet of charities.
According to the Munch Token whitepaper, the year 2020 emphasized the financial system's imbalance due to the pandemic and its consequences. The need for asset distribution increased, and the global wealth also became more concentrated. Therefore, individuals seek to decentralize their financial power through cryptography and blockchain technology to gain more control over the distribution of their accumulated wealth. The Munch Token platform aims to enable users to choose MUNCH's donation and distribution ratios, thereby empowering the community to take control over their tokens.
MUNCH is an ERC-20 token. The team of Munch Token has locked the initial liquidity and pre-sale of MUNCH. Therefore, the Munch Token project aims to exist despite price fluctuations. In order to address the issue of anonymous sourcing of funds, the Munch Token team aims to work with accredited exchanges that conduct the KYC process and undergo due diligence procedures.
The model of Munch Token is based on a system that rewards the community of users and distributes resources to authentic charities. Of every MUNCH transaction, 2% is redistributed to the token holders, resulting in the total amount of MUNCH held by each token holder. The amount of 3% of the transaction is sent to charitable causes directly after converting the transaction fee to Ethereum. Therefore, the fees are not stored in escrow in a wallet owned by Munch Token. Such a conversion process makes the process trustworthy by avoiding storing multiple transactions. The users do not require ensuring that the fees are sent to charities; instead, the fees are locked into the contract design.
The website and whitepaper of Munch Token were updated in 2021. Rodrigo Silva is the CEO of the platform, and Mike Si is the COO. The total supply of MUNCH is 100,000,000,000,000.
We update our Munch Token to USD currency in real-time. Get the live price of Munch Token on Coinbase.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Munch Token calculator
1 Munch Token (MUNCH) to United States Dollar (USD)
$0.0000000002
1 Munch Token (MUNCH) to Canadian Dollar (CAD)
CA$0.0000000003
1 Munch Token (MUNCH) to British Pound (GBP)
£0.0000000002
1 Munch Token (MUNCH) to Japanese Yen (JPY)
¥0.00000003
1 Munch Token (MUNCH) to Indian Rupee (INR)
₹0.00000002
1 Munch Token (MUNCH) to Real (BRL)
R$0.0000000012
1 Munch Token (MUNCH) to Euro (EUR)
€0.0000000002
1 Munch Token (MUNCH) to Nigerian Naira (NGN)
NGN 0.00000034
1 Munch Token (MUNCH) to Singapore Dollar (SGD)
S$0.0000000003
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