PANews reported on November 17th that 0xAA, the founder of WTF Academy, announced on X platform that a consensus has been reached between the Token community and Alexandra Elbakyan (founder of Sci-Hub) regarding a 20% donation plan for SCIHUB.
The first donation has been completed: 1% of the total circulation SCIHUB (10 million coins) has been donated;
The second donation is about to take place: 10% of SCIHUB (100 million coins) will be transferred tonight;
Future plans: Starting from December 16, 2024, on the 16th day of each month (in commemoration of the birth of SCI-Hub), 1% of SCI-Hub will be donated for 9 consecutive months (a total of 90 million tokens). A total of 200 million SCI-Hub tokens, accounting for 20% of the total circulation. In addition, Alexandra Elbakyan promised:
- Up to 1% of SCIHub (10 million tokens) can be sold each month, unless the token price drops significantly, causing the value of 10 million tokens to be less than $20,000, in which case they can be sold flexibly to ensure the raising of $20,000.
- Will actively support and promote SCI HUB, and promote the healthy development of the community.
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