Charitable organizations are often tasked with providing aid to victims of natural disasters and wars. These organizations generally function under the direction of centralized financial authorities, who monitor and censor their activities.
Despite their perks, most charitable organizations are limited in their ability to serve victims of natural disasters and wars fully. With human interest at heart, Keninah was created to serve as a donation protocol for providing relief for disasters and war situations.
What is Keninah?
Keninah is a decentralized donation platform built on blockchain technology. The platform plans to utilize blockchain technology to provide a transparent process for raising funds for disasters and war situations.
Like many other top-rated DeFi protocols, Keninah is built on the Binance Smart Chain network. The BSC network offers optimum security and ensures all financial transactions are processed seamlessly.
All of these features allow Keninah to be a transparent and user-friendly charity platform. Additionally, in cases of large and continuous donations, the Keninah is equipped to handle a large volume of transactions.
Unlike other platforms, the Keninah ecosystem supports and end to end verification protocol that can be accessed offline when no Internet is available.
Kinanah ensures total transparency by functioning as a decentralized autonomous organization. Using this system, users or donors participate in the decision-making process on the platform.
Keninah does not charge translation fees for donations. Instead, it ensures all received donations are assigned to victims of disasters. However, the platforms assigns their donations based on the extent of damage done to victims.
KEN Token’s Role in Keninah
As its native currency, the KEN token will serve as the primary medium of exchange on the Keninah. The KEN token is a stablecoin specially designed for charity purposes. As a result, KEN will be used to donate to disaster and war-torn regions.
Keninah, Compared To Dogecoin And FTX
Dogecoin is a meme token that has gained worldwide popularity due to its large community. Initially developed as a joke, Dogecoin now has several use cases and is mainly used as a payment option by several crypto users.
Although other meme tokens like Shiba Inu have been created to rival Dogecoin, these digital assets have not been able to overcome the cryptocurrency. Dogecoin functions under a Proof-of-Work mechanism. This consensus mechanism aids in validating transactions. Likewise, it accepts a P2P exchange among its users.
Due to tight security measures, Dogecoin is completely decentralized and safe to trade. Through mining, users receive enough rewards with ease. They can also keep/hold and trade DOGE, which yields income interest to them.
FTX is a crypto project that leverages its features through its native token – FTT. FTX is a centralized crypto exchange. As such its services are similar to those offered by centralized financial organizations. Users can buy and sell various cryptocurrencies on the FTX exchange. FTX aims to make its trading services conducive to all types of traders in the crypto space.
FTX also supports NFTs and dedicates a section of its trading portfolio to trading NFTs. Users can also swap their crypto assets on the platform. You can also stake with FTX to earn more rewards on your idle digital assets. The platform is secure, exchange fees are cheap, and beginners are given guides on how they can trade successfully with hitches.
Keninah has proven to be a unique cryptocurrency exchange that will help society through donations and increase the profit of all participants and donors. As Keninah accomplishes its project milestone, the plan will be the next cryptocurrency to top the coin market.
The Keninah token is ready to integrate blockchain technology and offer more opportunities to its users. Therefore, if you purchase Keninah during stage 2 of the presale, you will receive 7% more tokens as a bonus. And users who buy Keninah using SOL will receive a 12% bonus.
Keninah Concord (KEN)