THE OFFICIAL WEBSITE OF PRIDE NATION TOKEN
It’s entirely your choice whether or not to participate in the program to immediately convert PRIDE Tokens into fiat currency (and we hope you do). But you are of course welcome to hold onto the Tokens. If you choose to keep the Tokens, it may benefit you if you have been interested in your business entering the world of cryptocurrency. Just understand if you choose this route rather than using the token to convert to fiat currency, you run the risk of being susceptible to the volatility of cryptoassets in general.
Pride Nation allocates a portion of Pride Tokens ($PRIDE) yearly for the support of PRIDE Impact which is our support/charity scheme. Members of the PRIDE community who are Token holders will be able to propose and vote on projects for Token support in an open and democratic way. The causes to be supported will initially be proposed by the advisory board, with the goal of eventually putting that ability into the hands of Token holders. That way, PRIDE support can ensure that the causes being supported, both organizationally and financially, are ones near and dear to the communal heart of LGBTs.
The entire process will be publicly available on the blockchain so that Token holders and business partners will know exactly where the financial support is going. We intend for the financial support for and voting on Pride Support causes to be straightforward and transparent so that everyone involved can participate in the process if and when they want.
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