Bestow (Bgiv) Token

Through strategic partnerships and community engagement, Bestow strives to build a robust ecosystem that benefits both token holders and partner charities.  Bestow token holders are philanthropists at heart.

The Bestow (BGIV) token is a product of The Enduracoin Foundation, LLC (aka, the Foundation) and is a philanthropic cryptocurrency designed to support charitable organizations worldwide. By integrating a substantial donation from the project’s initial token sales, Bestow aims to deliver immediate financial support to recognized nonprofits. We seek to accomplish the following:

• Provide a philanthropic-focused digital asset that can serve as a meaningful store of value, while also generating large-scale, upfront donations with potential value growth through community involvement.
• Offer transparent, on-chain donations, enabling anyone to verify and track the allocated funds.
• Differentiate from traditional cryptocurrencies by intertwining philanthropic contributions directly into Bestow token issuance and initial sale mechanism.

Our vision is to harness the power of blockchain technology to create a one-of-a-kind philanthropic ecosystem in which cryptocurrency sales directly fund charitable projects. By doing so, we aim to set a new standard for transparency and impact in the philanthropic space.

2.1 Core Values

• Transparency, Trust and Integrity: Ensuring every donation from the Foundation is auditable and visible on-chain and off.  We will regularly disclose proceeds and charitable appropriations.
• Impact: Making measurable, substantial contributions to charitable organizations.
• Community: Fostering a sense of shared purpose among token holders and charities.
• Sustainability: Building economic and operational models with the potential to promote lasting benefits for charities, philanthropists and all Bestow token holders.

Traditional philanthropic efforts face several challenges:

1. Lack of Transparency: Donors often doubt whether their funds will reach beneficiaries efficiently.
2. Inefficiency in Fundraising: Conventional donation drives are often expensive, time-consuming, and limited in reach.
3. One-Time or Intermittent Funding: Most charitable efforts rely on episodic fundraising, which may not be enough to address long-term or sudden needs.

While cryptocurrency has opened new possibilities for borderless value transfer, few projects focus on directly channeling significant resources to charity as part of their core business model.

Bestow addresses these problems by embedding a major philanthropic donation directly into the token’s initial sales efforts. This ensures a significant flow of funds to charities right from the start, combined with real-time blockchain transparency and potential for future value growth for charities and philanthropists, thus bestowing benefit to both the givers and receivers of Bestow.

4.1 Token Description

• Symbol: BGIV
• Standard: ERC-20 (Ethereum-compatible)
• Network Compatibility: Ethereum or any EVM-compatible chain (e.g., Base, Avalanche, etc…)

4.2 Built-In Philanthropic Mechanisms

1. Initial Sale Proceeds Donation
   • A flagship aspect of Bestow is that 80% of proceeds (after fees and taxes) from every token sale (initial public sales, or ongoing reserve sales) will go into this charitable ecosystem of which 50% goes directly to a diversified set of pre-vetted charities. Further explained below.
     
   • In addition, a certain percentage of Bestow tokens will be offered to participating charities with quantities determined based on sales of each charitable campaign given. Think of it as a partial matching grant.

Charities are vetted in advance of each campaign and will be determined based on internal reviews of charity recommendations submitted by the community via our website contact forms.  Each campaign will involve multiple charities with one or two of them as the primary focus.

Note: Bestow encourages the broader community to develop additional use cases (such as liquidity pools or yield-farming as they could significantly benefit Bestow holders, charities and the ecosystem).  However, our organization itself will only sell Bestow tokens from its reserves until all tokens have been sold. We will not offer staking or yield services to avoid any perception that Bestow could be deemed a security. Should regulations become more favorable in the future, we will revisit this.

5.1 Token Supply and Distribution

• Total Supply: 1,500,000,000 BESTOW (BGIV)
• Initial Sale: A designated portion of tokens (e.g., 25–50%) will be made available for sale during the official token launch.  Additional token charitable sales campaigns will occur over a span of years.
• Initial Sale Price: $1 US dollar.  This initial sale price of $1 USD per Bestow token was determined to create a meaningful and substantial impact for our partnered charities.
• Proceeds Allocation:
  • Charity Distribution Reserve (50%): 50% of proceeds from token sales will go directly to pre-vetted charities.
  • Liquidity & Exchange Listings (20%): 20% of proceeds will be locked in by market makers for liquidity provisioning on cryptocurrency exchanges. (Exchanges require professional market makers to ensure orderly trading.)
  • Charity Matching Reserve (10%): 10% of proceeds will go into the Foundation’s charity matching reserve and additional philanthropic initiatives.
  • Team and Operations (15%): 15% of proceeds will go into the Foundation’s operations for strategic alliances, community rewards, developing future products, and marketing.
  • Advisors and Contributors (4%): Of this total, 70% is locked in a vesting schedule to convey long-term commitment and align incentives with project growth.
  • Founder (1%): Of this total, 70% is locked in a vesting schedule to convey long-term commitment and alignment with the project’s charitable mission.

Note: The above distribution may be adjusted slightly pending final legal, operational, and market considerations.

6.1 Blockchain & Smart Contract Infrastructure

• Ethereum Compatibility: BESTOW is developed as an ERC-20 token, leveraging mature frameworks and community standards.
  
• Smart Contracts:
  • Token Contracts: Facilitates BGIV transactions and distributions.
  • Donation Tracking: On-chain records will clearly demarcate the flow of proceeds to external charity wallets. In addition and to cover instances where the charity does not wish to utilize a digital wallet, contributions will be published via our website and financial disclosures.

6.2 Security and Audits

• Independent Audits: All Smart Contracts of The Enduracoin Foundation, LLC have been audited by a professional security firm, Callisto Security, and confirmed to be verified safe and production ready.

Bug Bounties: Offered to encourage community members to discover and disclose vulnerabilities.

1. Compliance: The Bestow token is structured so it does not qualify as a security by focusing on utility, philanthropic purpose, and token sales rather than investment-based yields or rights.
2. Filings & Disclosures: Where required, the team will complete necessary filings (e.g., legal opinions) to ensure compliance with regulations.
3. KYC/AML: Certain sales or exchange listings may require compliance with KYC and AML guidelines, especially where fiat conversions are involved.

** Disclaimer: This whitepaper does not constitute legal or financial advice. Participants should consult professional advisors.

8.1 Phase 1: Token Launch & Initial Sale

1. Smart Contract Deployment: Deploy the ERC-20 token contract and verify on-chain.
2. Initial Token Offering: Conduct a private and/or public sale of BESTOW (BGIV) tokens, immediately allocating 80% of proceeds to this charitable ecosystem of which 50% of proceeds go direct to charities.
3. Marketing & Public Relations: Initiate a campaign underscoring the philanthropic model and mission.

8.2 Phase 2: Charitable Partnerships & Listing on Exchanges

1. Charity Partnerships
   • Partner with recognized nonprofits and philanthropic institutions to ensure proper distribution of funds.
   • Establish transparent donation reporting and marketing support from these organizations.
2. Centralized Exchange Listings
   • Approach various exchanges and meet listing requirements.
   • Market makers will deploy the allocated liquidity portion (20% from proceeds) to facilitate stable trading.
3. Further Integrations
   • Integrate Charity with donation portals or e-commerce platforms, enabling direct acceptance.

8.3 Phase 3: Ecosystem Expansion & Added Utility

1. Merchant Adoption & Discounts
   • Collaborate with ethical brands or charitable organizations that accept Bestow as a form of payment or donation.
2. NFT & Collectibles Collaboration
   • Partner with NFT creators or marketplaces to launch philanthropic campaigns where a portion of NFT sales directly benefit the use of Bestow with charities.

8.4 Long-Term Strategy

• Corporate Social Responsibility (CSR) Integrations: Work with corporations seeking to use Bestow for their philanthropic or donation-based programs.
• Global Reach: Expand philanthropic efforts to multiple regions, adding new charity partners.
• Continuous Improvement: Update the token’s philanthropic strategies as market conditions and philanthropic needs evolve.

1. Transparent Impact Reports: Publish frequent updates highlighting donations, charities supported, and their impact on Enduracoin.org/Charity website and publish on news outlets.
2. Social Media & Content: Maintain active Twitter (X), and LinkedIn channels to educate and engage.
3. Influencer & Philanthropy Ambassadors: Bring on board public figures or nonprofit leaders to amplify outreach.
4. Educational Materials: Offer tutorials explaining how to buy, store, and transfer Bestow. Emphasize philanthropic use cases to distinguish it from other cryptocurrencies.

• Core Team: Professionals experienced in blockchain and information technology, philanthropy, and business development.
• Advisors: Legal, regulatory, and nonprofit experts guiding compliance, credibility, and high impact giving.
• Bestow Partners: Respected nonprofits ensuring that funds are allocated effectively and that donors receive transparent updates on impact.

1. Regulatory Risk: Crypto regulations are evolving; unanticipated changes may affect Bestow’s operations.
   • Mitigation: Remain flexible, maintain legal counsel, and comply proactively with relevant laws.
2. Market Volatility: The crypto market can be highly volatile, which may affect the perceived value of Bestow.
   • Mitigation: This depends solely on market participants. As with other cryptocurrencies, users will need to maintain any momentum and build additional real-world utility to sustain demand, value and confidence.
3. Security Threats: Malicious smart contract attacks or hacks can compromise user funds.
   • Mitigation: Our Smart Contracts have been audited by reputable auditors, and we will maintain a robust bug bounty program.
4. Adoption & Liquidity Risk: If insufficient users adopt Bestow, or if liquidity is low, token value could stagnate.
   • Mitigation: Exchanges require an initial percentage amount of liquidity provisioning.  We will also maintain partnerships and marketing efforts and community engagement.

Bestow brings a fresh approach to philanthropic giving by infusing substantial, transparent donations into its core token sale model. Through strategic partnerships, user engagement, and a clear focus on philanthropic outcomes, Bestow aims to redefine how cryptocurrency can serve as a powerful vehicle for social good. By aligning transparent donation flows with the efficiency of blockchain, we aim to provide immediate and ongoing impact for nonprofits while offering a unique, values-driven cryptocurrency experience, enhancing philanthropic impact and empowering both Bestow holders and charities.

This white paper is for informational purposes only and does not constitute legal, financial, or investment advice. While Bestow has the potential to increase in value, its value is solely determined by its users.  Bestow is not intended to be a security and offers no ownership rights in The Enduracoin Foundation, LLC, nor any of our partners or affiliates. Participation in token sales, as well as any cryptocurrency purchase or transaction, involves risk. Consult with professional advisors regarding regulations and tax implications in your jurisdiction. The Enduracoin Foundation, LLC reserves the right to modify or update information presented here in response to evolving regulations, market conditions, and business strategy.