$GOAT Cash — IRL Goat Drops — Giving Goats Back
If you missed the first in our Goat series, you can read all about $GOAT Cash in our last post.
For those who are well into their $GOAT and what we're doing, we thought it was appropriate to dig into the charitable aspect of our mission.
The big part for us, was not JUST the fact that goats are super cool, funny, and adorable, but hugely useful and a necessity for so many in this world. That led us to want to not only do airdrops of $GOAT, but also real GoatDrops. Yes, we want to team up with NGOs to donate goats to those in need.
So how are we going to work this out? With everything we do, it involves some crazy maths to calculate the distribution of goats for GoatDrops, so this was no change.
How does it work?
Simple:
((Current Circulating $GOAT Supply / Current Goat Drop Fund Balance) * Current SAT price) * 100
If you want to work this out for yourself, this is taking the current SAT at 500, rather than the 0.000005 it actually is in relation to BTC value.
We've run through numerous simulations on this, with different scenarios; staying at 500 SAT, dropping like a stone and increasing to 1200 (when moon?!).
Over 12 months, increasing our circulating supply as we go, we came out with these numbers in different scenarios:
- Remain at 500 SAT = 722 Goats donated over the 12 months
- Increase 10% monthly to hit 1200 SAT = 4031 Goats donated over the 12 months
- Dropping 20% each month to 43 SAT = 24 Goats donated in 12 months.
You can see the difference in what we can do by pooling together. Now, moon aside, our mission is simple. We can help a lot of people over a long period of time with $GOAT and this is just our "Monthly GoatDrop" initiative, we have plenty more where we back to society and help make the world a better place through Goat Cash.
Nothing would make us happier to be able to say we've given away so much, and impacted so many lives through our work and it wouldn't be possible without everyone in our herd, and all $GOAT hodlers.
Now, let's get these IRL GoatDrops going…
