SOS Foundation

The SOS Foundation is a community-driven decentralized platform dedicated to good causes. The project was created to make a better society, attempting to solve problems such as world hunger, human trafficking, and equal rights. All such issues are supported and funded by the project.

Further, the platform also supports arts and education. The pandemic was a significant problem for the people associated with stage performances and art presenters related to music festivals and museums. Such artists and performers at every level were affected. Furthermore, many venues of art and festivals were stopped from happening and were closed. Hence, the project seeks to restore arts and arts education in higher learning institutions and schools.

Besides that, the foundation is also concerned about climate change and plastic pollution. The threats to fish by humans are increasing day by day. Fishing at such an increased rate has become a serious concern. Such threats to water bodies also affect the environment. Many water bodies do not even have proper protection. The platform claims that an estimate of 93% of carbon dioxide is stored and cycled through these water bodies only. Such climate change is resulting in degrading marine life. Thus, the platform ensures to work on the issues without delay.

The platform has tons of features to provide a user with. The website claims that the users of SOS Foundation have exclusive access, tickets, merchandise discounts, and VIP status to some of the world’s most significant events and platforms. Further, the platform facilitates NFT giveaways to the lucky holders of the native cryptocurrency of the platform every quarter. The platform also provides the holder of the native token access to biannual meetings. These meetings feature leaders of the movement. 

The project also supports other different foundations that are supported by renowned celebrities. One such foundation is Happy Hippie, which Miley Cyrus supports. The project works together with the Happy Hippie Foundation to raise funds for homeless youth and fight for injustice.

Another such foundation is the Raising Malawi foundation, which Madonna supports. Raising Malawi supports vulnerable and orphan children in Malawi. Such help is provided by raising funds for education, health, and community sports. Project Zero is another foundation that houses ambassadors like Cara and Poppy Delevingne, Kate Moss, Will Poulter, Rita Ora, and Liv Tyler. The foundation focuses on making the ocean secure and working on the severe effects of climate change.

The native token of SOS Foundation is SOS. SOS also denotes the ticker name. SOS is a utility token that helps raise the cause and benefit funds.

Further, as explained above, the holders of the native token of SOS Foundation are eligible for VIP treatment. The website also claims that such holders have access to various offers provided by the project. Further, the token holders can meet with the influencers and celebrities in charity spaces. Also, the token holders are eligible for a jackpot when the token’s market capitalization hits a particular milestone.

According to the tokenomics paper of the asset, the total supply of the SOS token is 1,000,000,000. Out of the said total supply, 5%, which equals 50,000,000, is burned. The remaining tokens are further distributed to provide liquidity share between advisors, the team, and the treasury.

A user can earn an SOS token by just holding it. As explained on the website, 4% of every transaction is sent back to the wallet of SOS holders. This ultimately means a user can earn by just holding the token. Also, a percentage of every trade is sent to the jackpot prize. Any holder of the SOS token can win such a jackpot. A user with more holdings has a greater chance of winning the jackpot.