What Is Guapcoin (GUAP)?
Guapcoin (GUAP) is a community-driven cryptocurrency solution for African immigrants, created to amplify the economic voice of the Black Community. Guapcoin aims to use blockchain technology to empower and unify the Black community. Guapcoin also aims to provide an economic base for the underserved, underprivileged, and financially uneducated minority community. The minority community encompasses various cultures, shades, languages, and ethnic groups around the globe. Guapcoin seeks to educate the underserved community by using cryptocurrency and its application to grow Guapcoin’s network and economy.
The GUAP is the ticker name of the Guapcoin, and token holders can use it for trading on various markets. Users can also earn GUAP coins by staking their tokens or owning a masternode. Masternode is a part of blockchain infrastructure that sustains cryptocurrencies. GUAP is a decentralized token that allows people from around the globe to participate in trading. The token users can also track and view their collective spending power. GUAP is also building a network for the black-owned community.
According to its whitepaper, GUAP is an initiative that combines the ‘’Buy Black’’ movement with blockchain technology that encourages the Black community to empower each other. The “BuyBlack’’ movement unites Black people to make any purchase from Black-owned businesses. Thus, GUAP created the phrase ‘’Tokenizing Black Spending,’’ a decentralized platform with built-in governance that gives black-owned businesses commercial authority. GUAP aims to evolve into blockchain for improving audience reach and usage.
Tokenizing Black Spending empowers Black-owned businesses to establish business rights and ownership and create binding rules and procedures on the GUAP network. Tokenizing Black Spending enables businesses to create protocols for improved quality of services. Tokenizing Black Spending also provides a music platform where businesses can establish rights to use their music and earn from it.
History of Guapcoin (GUAP)
Tavonia Evans is the founder of Guapcoin. She is a technology veteran and a software engineer, known to become the first black woman to create and launch a cryptocurrency in 2017. The total supply of the GUAP coins is 52,569,138.20 GUAP.