food bank token (fbt) overview

V0.2 Food Bank Token ©2021 *(https://www.statista.com/statistics/382695/uk-foodbank-users/)

FOOD BANK TOKEN (FBT) Compassionate investment, collective rewards. Overview Thousands of food banks across the world play an important role in the fight against poverty and hunger. Providing community and business donated food to the poor as well as those that find themselves suddenly faced with an unfortunate change of circumstances, food banks have seen a rapid growth over the last nine years and have become an important part of society for donators, beneficiaries and the volunteers that operate them. Food charity has seen explosive growth in demand and provision since Covid-19, but had been rising long before the pandemic. The Global Foodbanking Network (GFN) reports that its 943 members across Europe, Africa, the Middle East and Southeast Asia served 9.6 million people in 2018, a 23-per-cent increase on the previous year. In recent years and since the Covid-19 pandemic the figures have shot up even further with no signs of slowing down. In 2020/21 approximately 2.5 million people used a foodbank in the UK, 600,000 more than the previous year and up from only 26,000 in 2008/09*. The Global FoodBanking Network 2018 reports that hunger is a complex, but solvable problem. The world produces more than enough food for every human being on the planet and yet 821 million people are chronically undernourished (FAO, 2018). At the same time, more than 1.3 billion tons of food is lost or wasted (FAO, 2011) More of this food is now being donated to food banks. However, individual donations are generally small and good intentions to donate are often impeded by the practicalities involved in purchasing food items and then personally dropping them off to food bank sites. Food Bank Token gives you the unique opportunity to join the fight against poverty and help these charities whilst increasing your token liquidity and value, all from the comfort of your home. Our vision Our vision is a world without the need for food banks. We recognise how ambitious this is but we believe it is possible, it just needs the right intentions of governments and the will and support of the people. Food Bank Token will help us get closer to our vision. Road Map The team behind Food Bank Token are dedicated to the vision. The timeline below shows our initial plans for launching Food Bank Token and


our road map to making it the household name in cryptocurrency whilst simultaneously becoming the brand for global backing of food bank providers. 2020

2021

2022

Idea inception Research Collaboration Development

Initial Investment

Development & Marketing

Token Launch & ICO

Food Bank Support

Token BurnOwn Block

Chain & Food Bank Coin

Launch Food Bank Delivery

Launch Food Bank Delivery


2020 Q1 Inception of the idea. Q2 Started work / Research on the project. Q3 Established the need of a project that can not only benefit its supporters but also help people in need. Started collaborating with organisations / food banks that need help and support moving forward. Q4 Development work started. 2021 Q1 First Funding round from owners/ supporters / investors to launch the project. Q2 On-going development to support future token and second funding round for marketing. Q3 ICO in two rounds and then launch of token. Q4 Marketing drive to gain value to the token for its holders. Also commence funding to charities and existing food banks. 2022 Q1 Token burn to push the price up for our holders and generate funds to support even more charities. Q2 We plan to expand our network with a launch of our own block chain and coin called Food Bank Coin. Q3 & Q4 Launch of food bank delivery - we plan to take the food bank to the people, rather than people coming to food banks. We plan to launch a digital platform where people would verify their identity online and essential items would be delivered to their homes. This would help many old and physically challenged people who can’t go to food banks. It would also help people save on transport costs. The plan is to start this project UK wide and then expand to third world countries. Tokenomics Food Bank Token is deigned to reward investors for holding. The longer the holding the higher the reward for an investor. Initial supply of tokens: 1,000,000,000 (1 billion) Token burn: We will start token burn after launch depending on the situation and then continue the burning of tokens time to time and therefore increasing the scarcity and hence the value of Food Bank Tokens until the price reaches $1.00 for its HODLers.


Food Banks – 2% of the tax will go to our food bank projects and our partnerships with food banks across the world. FBT Admin – 1% of the tax will be spent on FBT related admin. Marketing & Development – 1% of the tax will go towards our marketing and development activities to help us grow. Food Bank Token Team: We have a dedicated team with over 20 years of experience with Charity and crypto we have dedicated team that has put a lot of personal efforts and resources towards realisation of this goal. We want to now extend this opportunity to general public. Traditionally you pay charities for the goodness and kindess of your heart. We at FOOD BANK TOKEN want to appreciate and recognise your kindness and in return give you something back, Therefore when you invest with us you are not only satisfying the kind and good person in you but also would get financial reward in terms of token price going up. So it’s a win win for everyone. Help US help the people in need and in return receive amazing returns. Social Media Links

4%Tax

2%donated to the work of Food Banks

1%spent on

FBT admin

1%spent on

FBT marketing

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food bank token (fbt) overview

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