In January, the cryptocurrency industry was buzzing with news and discussions about Philcoin. As the month progressed, the press closely followed Philcoin’s progress and offered their insights and opinions on its potential. In this weekly review, we take a look at what the press had to say about Philcoin, highlighting its key features in the competitive world of digital currencies.
Hackernoon.com
Virtual Assets, Charity, and Humanity in 2023
“Each function within the Philcoin ecosystem has a donate-and-earn element which changes the way giving happens. This helps users survive the bear market and also helps to rebuild global wealth as each user’s actions, transactions and usage help them earn while they give back to those in need. Within our ecosystem are thousands of charities and causes that users can donate to.”
Coincodex.com
3 Crypto Projects That Keep Innovating Despite Bear Market
“Philcoin provides charitable assistance to people around the world who cannot afford meaningful internet access. This widening digital divide is a difficult problem to address, as it risks exacerbating financial exclusion, unequal access to educational resources, and economic opportunities.”
Thecoinrepublic.com
Can Web3 be a game changer for Philanthropy?
“Traditional forms of fund transfers often take several hours or even days. For example, PayPal needs almost 2 days for international fund transfers while cryptocurrencies do it in a few seconds. In contrast, Philcoin takes seconds to do an international donation. It is the world’s first cryptocurrency dedicated to charity. They also have a program where they teach how crypto can help them achieve better financial security.”
Coinpedia.org
Navigating The Crypto Market During Economic Uncertainty: How Some Projects Thrive
“Philcoin is a pioneering blockchain project dedicated to charitable causes. Their ecosystem aims to eliminate inequalities in global wealth distribution by leveraging the power of blockchain technology to ensure that the most underprivileged people have access to financial assistance.”
Cryptomode.com
The Growing Role of Communities in Delivering a Successful Crypto Project
PHL Foundation Inc. is a non-profit corporation due to its charitable efforts. The mission of Philcoin is to help people all over the world who cannot afford meaningful internet access. This growing digital divide is a difficult issue to address because it threatens to exacerbate financial exclusion, unequal access to educational resources, and economic opportunities.
