Food Bank was launched on the 18th September 2021 and is a smart contract token which functions as a peer to peer medium of exchange on the Binance Smart Chain Network, providing much needed funds and support to foodbanks. Funds are raised via a transaction tax on all purchases and sales of the token. The charity donation is then donated to foodbanks suggested to us by the token holders. This allows the holders of FOOD to see the benefits of their investment, in their local communities.
Food Bank made its first Charity donation in December 2021 and it’s first 10% token burn in January 2022.
The total supply of FOOD will be reduced by 50% as part of a series of planned 10% burns dictated by the number of holders.
The intention is to increase scarcity of the token and therefore increase the token price as holder numbers increase.
Food Bank aims to bring long-term sustainability to its full ecosystem, including NFTs, merchandise and staking, therefore encouraging holding FOOD tokens as a long-term asset. Our target holders are Millennials and GenZ who, like us are frustrated at the impotence of governments to end food poverty in developed countries where food banks are becoming more and more common.
What is the highest value Food Bank (FOOD) has ever reached?
Food Bank (FOOD) reached its peak price at 0.093255 $ on 07 March 2022, approximately 4 years ago ago. Presently, the current price is -99.9% lower than this all-time high.
What is the historical minimum price for Food Bank (FOOD)?
The minimum price reached for Food Bank (FOOD) was 0.0122986 $, documented on 21 May 2024, more than a year ago. In comparison, the current price is 2%, it above this historical low.
What is the fully diluted valuation of Food Bank (FOOD)?
The fully diluted valuation (FDV) of Food Bank (FOOD) stands at $ 30,461. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 100,000,000,000,000,000 FOOD tokens. The realization of this FDV might take several years depending on the emission schedule of FOOD tokens.
How to add Food Bank (FOOD) to MetaMask?
By integrating Food Bank (FOOD) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import FOOD as a token. You can either manually import FOOD by copying its contract address (0x6359f0d2004433d2a38b03dce8f966cc243f1da9) or use MetaMask's Chrome extension to add FOOD with a single click through P.CASH.
How to add Food Bank (FOOD) to TrustWallet?
Incorporating Food Bank (FOOD) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include FOOD, you can either manually import it using the contract address (0x6359f0d2004433d2a38b03dce8f966cc243f1da9) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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