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Pixel Charity uses an innovative way to guard against crypto volatility. Using its own Pixel (PXL) stable coin, the project provides crypto community with a fast, stable and reliable payment asset, backed up by fiat money with guaranteed buy back.
It works by receiving money from participants and places them on deposit in the bank. Any interest accrued by the bank on the deposit will be transferred to pre-selected charitable funds. Thus, allowing each user of Pixel network to participate in charity without spending their money. To implement this project, they are preparing to launch a crypto currency Pixel(PXL), which will be received by participants in confirmation of their contribution to the fund and at any time Pixel could be exchanged for money whenever wanted to exit the project at a stable rate. www.pixelcharity.com
How does it work in practical terms?
For more information, please visit the website
If you would like to have your company featured in the Irish Tech News Business Showcase, get in contact with us at Simon@IrishTechNews.ie or on Twitter: @SimonCocking
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