GOAL is a cryptocurrency powering a football-specific Web3 platform. The crypto token is created on the Binance Smart Chain (BSC) to facilitate low charges on blockchain transactions. GOAL aims to broaden the understanding and popularity of the sport on a global scale. GOAL token wishes to make charitable donations to help football evolve and prosper worldwide.
GOAL contributes 1% of the token supply to the charity crypto wallets. The GOAL token plans to host ten global football tournaments in the times to come. GOAL coin only enables the top goal scorer (users), or the ‘Golden Boot Winner,’ to unlock the charity wallet.
The whitepaper describes GOAL as the legacy crypto of the Footballer token. A Footballer token is primarily a BEP20 meme token on BSC, implying that the coin is created using inspiration from internet memes and jokes. The Footballer token seeks to create NFT identities for all professional football players around the world. Also, the token facilitates creating tradable NFTs for aspiring professionals and registered footballers. GOAL tokens allow users to swap and exchange the crypto for the Footballer tokens. Users can participate and trade in the NFT marketplace by utilizing the swapped GOAL tokens.
Since charity is at the core of the token’s functionality, GOAL allows users to mint new crypto coins. The newly created GOAL coins are not tradable and can only be put into other charity pools. According to the website, GOAL empowers coin holders to vote and decide upon the charity pools supporting tournaments after 2022. For example, 10% of the GOAL tokens in circulation are allocated to ten football charities chosen by the ‘Golden Boot Winner.’ Of the GOAL coins in circulation, 5% is reserved to reward the community via airdrops and marketing purposes.