Butter Token Raises $350,000 to End Hunger as Part of a Revolutionary Charity Movement

5/14/21

A cryptocurrency charity raised over $350,000 in just 14 days for charities working to end hunger.

Butter Token, a revolutionary new token on the Binance network, is changing the way cryptocurrency investors are thinking about charity. May 14’s $354,000 donation is Butter Token’s largest contribution to food charities to date, following a $6,311 donation on May 1st. In total, the token has raised over $375,000 since it’s launch on 4/4/21.

The token works by utilizing a fee on every transaction. A portion of that fee is sent to the “Charity Wallet” where investors can then vote on which charity receives the funds. A percentage of every donation goes to Butter Token’s partner charity, Food for Life Global, and the remainder of the funds are donated to the winning charity. Today, Beast Philanthropy received $300,000 and Food for Life Global received $54,000, which will provide more than 500,000 meals to hungry children.

The creator of Butter token, Christian Claypool says Butter and its companion, Milk Token, are still in the early “start-up stage”, but says the token is starting to gain recognition even outside of cryptocurrency spaces. He’s looking forward to seeing the impact the token has on the effort to end hunger as it continues to grow. “I’m proud of the fact that we are able to generate so much funding for charity at such a low MCAP. For example, the last donation of $360,000 came from Butter at a $6m MCAP. If Butter had the same MCAP as Milk at the time, our donation would have been over $1 million,” he said. Paul Turner, CEO of Food For Life Global agrees, saying, “the proof of this is the sheer amount of money they have already donated to hunger relief charities like [ours], far exceeding other tokens with much larger market cap.”

Media inquiries can be made to marketing@milktoken.com.

Beast Philanthropy is a DBA of MrCharity INC