HTX DAO, a prominent decentralized autonomous organization, has appointed LOYAL, a Gen Z Web3 advocate, as its Charity Ambassador, according to a report from ChainWire.
This recognition follows LOYAL’s remarkable decision to donate all profits from his investment in $TRUMP tokens. The funds will be used to construct a school in the Garzê Tibetan Autonomous Prefecture, Sichuan, China, providing educational opportunities for children in underserved communities. This initiative highlights LOYAL’s role in using blockchain technology for social impact.
To honour this achievement, HTX DAO announced plans to mint a unique Soulbound Token (SBT) for LOYAL to honour achievement. SBTs are non-transferable and non-tradable, serving as personal badges within the blockchain community. The design will symbolize the interconnectedness of blockchain networks and the spirit of charitable giving.
“Being named HTX DAO Charity Ambassador is a true honor,”
said LOYAL.
“This recognition inspires me to continue my work in the Web3 space and to help others. I hope that more people will join me in leveraging blockchain technology for social good.”
Molly, a spokesperson for HTX DAO, emphasizes the potential of blockchain to maximize the impact of charitable efforts. HTX DAO, in collaboration with LOYAL, is set to release a documentary on January 29 at 21:21:21 PM UTC+8. The film will explore their charitable initiative and how blockchain technology can transform philanthropy by ensuring transparency and security in donations. The HTX DAO Charity Ambassador program also aims to highlight individuals leveraging Web3 technology for positive social change, inspiring wider participation in decentralized charitable activities.
This announcement aligns with recent commentary from Ki Young Ju, CEO of CryptoQuant, who described former U.S. President Donald Trump’s entry into the cryptocurrency market as a pivotal moment for meme coins. Ki highlighted how Trump’s newly launched token, $TRUMP, exemplified his strategic ability to capitalize on retail investor behaviour and community-driven speculation.
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