Adamant (ADMC)

Adamant is the first ever Play to Earn, Donate, and Burn game wherein the players are able to vote for a charity of their choice. Adamant-the first ever platform and token to create an income generating deflationary token which enables their holders to nominate and vote a charity for where the taxed tokens shall be donated.

Whitepaper

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Interest lvl

Low

Updated: May 16, 2023

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User Rating

Highest

5/5 • 2 votes

Ticker

ADMC

Type

Utility-token

Token standard

BEP-20

FoundedPhilippines

Registration year2021

What is Adamant

Adamant is a frictionless, yield-generating contract that aims to let the community participate in charity work.

The token contract employs a static reward system: 10% of every transaction is split into four parts: The first part 2% distributed to holders, the second 2.5% is used to fuel the liquidity pool on the Pancake Swap decentralized exchange, the third 3% is burned, and the final 2.5% would be sent to our charity wallet.

Throughout every quarter, a poll will be open to all users to vote on a charity nature wherein the winning charity nature will be receiving all tax received into the charity wallet throughout that quarter. The token is launched with the idea of creating a community token with a self generating income mechanism for its owner while allowing the same owners be a part of donating to the community charity of choice for the quarter.

Our project includes using a game model in order to employ burns, rewards, and donations to the charity wallet as well which will be further explained in the following pages.