Name of Project
Grant / Partnership
ExtraLife ($LIFE) is a charity token designed to raise funds to purchase gaming equipment for children fighting cancer. There is a 5% fee attached to trading $LIFE, 3% of which is allocated to the multisig charity wallet (+1% reflection, 1% burn). The community will have the ability to vote on which hospital they feel should receive the upcoming donation.
Funds from the charity wallet will then be used to purchase a console, games, and other equipment (extra controllers, etc), which will then be donated to the hospital that achieved the most community votes. We recognize the significance of trust; therefore, gaming equipment is purchased prior to being donated. This ensures the community knows how and where their money is being spent. Donation recipients will be contacted in advance and a condition of delivery is public acknowledgement that they have received a donation from us.
We are also exploring the possibility of incorporating ExtraLife into some up-and-coming blockchain games, which would include the creation of uniquely designed, limited edition NFTs. Example: $LIFE could symbolize a character’s hit points (requiring tokens to replenish) and may be used in the buying and selling of craftable in-game health potions. Furthermore, NFTs would be assigned distinctive attributes and be a rare, valuable commodity, further boosting your characters power and abilities.
These examples would dramatically enhance token use-case, boosting the number of transactions; thus, greatly increasing token value and the number of possible donations.
ExtraLife has been live for approximately 7 weeks and is fortunate enough to have forged a few notable partnerships. The project was met with positive community sentiment, and we hope to continue building and contributing to a flourishing ecosystem, as well as brightening the lives of unwell children.
As transactions rise and value increases, future plans include making donations to cancer research foundations and causes that benefit medical science.
$50k for long-term sustainability.
This would include the hiring of project developers and multiple artists to create the following: promotional graphics, logos, stickers, limited quantity NFT collections (multiple).
Salary for developers to work on game integration of $LIFE and NFTs.
Project longevity: Advertising, website redesign, webmaster.
Metrics for success
Token contract verified on explorer (achieved, link below)
Increase Twitter followers and Telegram users
Increase token holder count and daily transaction volume
Release of NFT collection
Make our first donation!
Integration of LIFE into other blockchain games
More partnerships and donations
Telegram: Telegram: Contact @extralifeone
Verified contract: Harmony Blockchain Explorer