Despite living in a society that has made our lives easier with technology, people are still struggling in various ways. Many of the issues are related to mental health.
But here’s the thing about mental health — it’s stigmatized.
People with various anxiety and depression disorders (and any kind of mental health issue, for that matter) aren’t receiving adequate support. They have to live with their burden and struggle on a daily basis, and, for some, technology only makes it worse, as their issues are further aggravated by social media and the massive amount of information that we receive every day via our phones and computers.
But what if we could use the latest technologies to spread mental health awareness?
This is the story of the $R0OK token, the first charity coin backed by an established brand that aims to help people with mental health issues around the globe.
Let’s see how it works and how you can contribute. Read on.
What’s a $R0OK Token?
$R0OK token is a community charity cryptocurrency coin, built on the Binance Smart Chain. It was created by Ty Campos, the founder of the r0ok clothing brand. By combining the token with his clothing line, Campos created the first charity token fully backed by an established brand.
A community charity token aims to help a specific community with donations. When investors buy this token, a fee is charged, meaning portion of their money goes to the coffers of those who need it. In our case, it’s various organizations that aim to help people with mental health problems.
Binance Smart Chain (BSC) is part of the Binance exchange, the largest crypto exchange platform in the world. It’s also the blockchain protocol that supports $R0OK and makes sure that you can make fast and affordable transactions with $R0OK.
$R0OK is already listed on several crypto-related platforms, including the popular PancakeSwap, where you can buy the token. It’s also available on CoinPaprika, Poocoin, and BscScan.
What Makes $R0OK Stand Out from the Pack?
As a charity token, $R0OK serves two purposes.
First and foremost, the team behind the scenes aims to make it the most trustworthy community-based cryptocurrency in the world, meaning that people will have faith in it and understand the benefits it brings to the community.
Second, $R0OK prides itself on being a donation token, and are working to provide various mental health charity organizations with a steady source of income from the cryptocurrency community.
If you buy and hold $R0OK, you’re contributing to charity. That is what makes this project very special, especially to people who know how difficult it is to have an everyday life while suffering from mental health issues.
$R0OK Tokenomics: Supply, Fees & Presale
The total minted supply is 500,000,000 $R0OK. This further implies the maximum amount of $R0OK units that will ever be in circulation. More than 20% of all tokens will go to charity donation.
However, there are other costs, such as marketing and project development. Each will be funded by 15% of the total supply.
In order to control the inflation rate, a certain number of coins need to be burned. In our case, approximately 25% of all coins will be allocated to burning.
Finally, approximately 7.65% will be used as a locked security.
The $R0OK presale is already completed, and 75,000,000 tokens were distributed during a single round.
Every $R0OK transaction will come with a 6% fee, with 2% given to charity, 2% to project development, and 2% redistributed to token holders. Taxation plays an important part in charity tokens, as part of the tax is what goes to the ones in need, and $R0OK is no different.
Therefore, as a token holder, you’ll enjoy the automatic reward distribution. You will also be able to vote in the monthly charity poll to decide which mental health charity organization will receive donations next.
Ty Campos’ Story — How He Founded $R0OK
Tyler “Ty” Campos is clinically diagnosed with borderline personality disorder (BPD), bipolar II, and epilepsy. He has spent his entire life struggling, understanding how difficult it is to live with a mental disorder. He had problems with addiction and poor life choices, where his own decisions paired with the state of his mental health made his life even more difficult.
Still, he managed to get his condition under control. He realized that there are many people out there with similar problems who need help. That’s why he decided to start a brand called r0ok Clothing Co, which aimed to encourage people to speak out, and eventually, using his brand to donate to organizations that focus on mental health.
The clothing brand was founded in 2019. Not long after that, Campos entered the cryptosphere, developing the $R0OK token for the same purpose.
The Roadmap
The token is still fairly new, and there are still a lot of things to do.
During May 2021, the team focused on growing the project’s community and offering the token’s initial presale. They also engaged in social media marketing and had the token launched on PancakeSwap. Campos also was invited to both a live crypto community Q&A session and a live radio interview. Since then, $R0OK has been listed on several crypto platforms and the brand’s social presence has grown significantly.
Some of the plans for the rest of 2021 are:
- Donating monthly to mental health charities
- Creating initial partnerships with mental health organizations
- Announcing brand ambassadors
- Additional focus on marketing
- Offering $R0OK NFTs (Non-Fungible Tokens)
- Listing on other popular exchanges
- Launching a mobile app on iOS and Android devices
- Launching their very own NFT marketplace
By the start of 2022, the monthly donations to mental health charities will gradually become bigger in size, thus giving the team the ability to donate to the larger global mental health charities. The token will be partnering with many organizations and companies that focus on mental well-being.
Conclusion
Both the r0ok brand and $R0OK cryptocurrency have the same goal: to promote mental health awareness and create a source of income for various organizations that help people with mental health problems. By buying $R0OK, you’re taking part in this noble cause and helping people with their struggles.
The team behind this token is all about transparency, so if you want to stay up to date, make sure to follow them on Twitter or join the $R0OK Warriors Discord channel.
FOR MORE INFORMATION: Visit r0ok Token’s Website
FOR ALL TOKEN LINKS: Visit r0ok Token’s LinkTree
BUY $R0OK: Buy $R0OK on PancakeSwap here
JOIN THE OFFICIAL $R0OK DISCORD SERVER: Join Here
