How to Purchase Carbon12 $C12 Token

How to Setup Metamask Wallet, Import Tokens, & Purchase $C12 Using ETH

On this page, you'll find the following sections to help you get started in the Carbon12 ecosystem:

 

Here is a helpful video walking through how to set up your metamask wallet, import $C12 Tokens, setting up Coinbase & Crypto.com accounts to purchase ETH, and to purchase more $C12 tokens:

 

 

1. Setup Your MetaMask Wallet

Metamask is a popular digital wallet that stores and uses different types of cryptocurrencies. It's also used for interacting with decentralized applications (dApps) on the Ethereum network. Metamask is available as a browser extension for Chrome, Firefox, Opera, and Brave, and also as a mobile app for your electronic device.

A Metamask wallet is essential for handling cryptocurrencies like Carbon12 ($C12) and other Web3 applications.

If you don't already have a Metamask wallet, you'll be prompted to create one. Luckily, there are just a few easy steps to take to get started.

To create a Metamask wallet:

  1. If on desktop go to metamask.io
  2. Click download & click add to Chrome (If on mobile, you can find MetaMask wallet in the app store of your choice)
  3. Once the installation is done, click on "Get Started"
  4. Create your new wallet by following the prompted instructions
  5. You're gonna click on create a new wallet and you're gonna read this, agree to it.
  6. You're gonna create a new password, confirm it, and then it will create your wallet.
  7. You'll be prompted to connect an email address and create a private seed phrase of 12 unique words (Please save this in a safe spot because this is the only way to access your wallet)
  8. Anytime you need to import your wallet or access your funds, you will need that recovery phrase.
  9. You can use the video below for a visual explanation as well to set up your wallet and purchase ETH

How to Create MetaMask Wallet & Purchase ETH Video:

 

 

Please save save your private seed phrase in a secure place, as it will be the only way to access your wallet if you lose your computer or device.

A Metamask wallet will allow you to store, swap, receive, and send $C12 and other cryptocurrencies.

You can also access dApps, crypto finance services, games, and NFTs with your Metamask wallet.

 

2. Import $C12 Token to MetaMask

In order for your $C12 tokens to display in MetaMask, you'll need to import them.

When you click on Wallet, you can go ahead and click on import tokens, and this is where you're gonna import the Carbon 12 Token.

Adding a custom token to Metamask is a simple process.

metamask import token

Here's how to add a custom token to Metamask:

  1. Open the MetaMask Chrome extension or the mobile app
  2. Choose the Assets tab
  3. Select Import tokens
  4. Click the Custom Token button
  5. Insert the address of the token by copying/pasting this address: 0x65526d2b86ff1ac0a3a789fc6ff9c36d35673f1b
  6. The token symbol and token decimal will get filled automatically
  7. Choose 'Add Custom Token'
  8. You will see the token information and the balance if you already have these tokens at your address
  9. Click Import Tokens

 

3. Add Ether (ETH) to Purchase $C12 on the Ethereum Network

Its a simple process to add the ETH network to your Metamask Wallet.

You can acquire ETH in a number of ways, but here are a few options to choose from:

  • Crypto.com (for immediate access to crypto assets after purchase)
  • Coinbase (5-7 day hold on all crypto assets unless the value is backed by USD to allow instant withdrawals)
  • You will then need to copy your MetaMask wallet address for the Ethereum Main Network
  • If you purchased from an exchange (Crypto.com, Coinbase, etc.) you will then need to send your ETH you purchased over to your MetaMask wallet using your address located in the wallet
  • We recommend doing a smaller purchase to verify the money goes into your account first before sending the full amount

Setting up Crypto.Com

  • Download the app, or go to the website, and set it up with your email address.
  • It'll send an automated email to your email account and you're gonna open that up, click the prompt, and then you're gonna need to set up your phone number.
  • It'll send a verification code to confirm your phone number.
  • Then you will need to verify your identity with your legal name, ID, and by taking a selfie.
  • Sometimes it can take up to 24 hours to get the account verified.
  • After your account is verified you can connect your bank account/payment method and then purchase ETH and add it to your Crypto.com wallet.
  • Then you will need to send it to your MetaMask wallet by copying your MetaMask address and typing it into your Crypto.Com Ethereum wallet and confirming the sending process over to your MetaMask account.

Setting up Coinbase

  • For Coinbase, you can set up the account with your email address.
  • You'll need to click on add a payment method after getting your account set up and connect your bank account using Plaid to do that.
  • You type in your bank account and then it will ask you to sign in to your bank account.
  • Then you can click on the buy button and type in ETH in the search bar to purchase ETH.
  • After you have your ETH in you're wallet you can then purchase and send it to your MetaMask wallet by copying your MetaMask address and typing it into your Coinbase Ethereum wallet and confirming the sending process over to your MetaMask account.

Purchasing $C12 Tokens

  • After you have ETH added into your MetaMask wallet, you're going to click on the hamburger menu in the upper left hand corner of your MetaMask wallet and click on browser.
  • You're going to type in Carbon12.co and navigate to the site using that browser and click on any of the buy $C12 buttons.
  • It will open up Uniswap and auto default to the C12 token swapping from ETH to C12.
  • It will also automatically pull your ETH balance that you have in your wallet.
  • You can then choose how much ETH you want to swap for C12 tokens.
  • For the transaction to go through, you may need to adjust for slippage by clicking on the gear icon on Uniswap, adding in 7-10% in the liquidity field and then clicking on the Expert Mode toggle switch, hit confirm and then type in "confirm" to confirm.
  • You can then click on swap, and then confirm the transaction.

Click this link to conduct your purchase if you haven't done so already.

 

  4. Adjusting for Slippage

If your purchase does not go through, you'll need to adjust slippage settings in Uniswap.

slippage uniswap

Here's how to adjust slippage settings in Uniswap:

  1. Open up Uniswap to purchase
  2. Click the gear icon
  3. Change the liquidity % to 10%
  4. Click on Expert Mode, and confirm the prompts
  5. Then add in your amount of ETH you want to swap for $C12
  6. Click on Swap to confirm
  7. Confirm the transaction in Metamask wallet
  8. You can now see the transaction in Activity and click on Assets to view the $C12 in your wallet.

5. Staking $C12

You can also stake your $C12 tokens and be rewarded with a 21% APY to lockup your tokens for a period of time.

It's a great incentive and you can get rewarded just for continuing to hold the $C12 tokens in your wallet when they're staked.

And every time you're using the Carbon 12 token for transactions, it goes right back into our impact fund to help fund amazing projects around the world that are doing social good and having a positive impact.

 

Here's how to stake $C12 Tokens:

  1. Go to https://stake.carbon12.co/
  2. Click on Connect Wallet and click connect MetaMask
  3. Confirm the connection prompts
  4. Choose how much $C12 you want to stake or click on Max to stake your entire $C12 token amount
  5. Click on Stake
  6. MetaMask will prompt you to give permission and confirm
  7. You can return to https://stake.carbon12.co/ at anytime to view how much C12 is being staked and you can remove your staked $C12 tokens at anytime.
  8. If you remove your $C12 tokens before the staking period ends you will not be able to claim your rewards.
  9. After the staking period is over you can click on Unstake to remove your $C12 tokens + the rewards generated over the staking time period.

Have More Questions?

Please use the form below, or fill out the form on our contact page, to submit any questions, technical issues, or concerns during the purchasing process.

We are so excited to have you as an important part of our Carbon12 community!

Cryptocurrency, NFTs & Blockchain for Your Nonprofit

Cryptocurrency, NFTs & Blockchain for Your Nonprofit

The Ultimate Guide

The world of cryptocurrency, blockchain and non-fungible tokens (NFTs) can be daunting and confusing. But if you’re running a nonprofit, it’s worth taking the time to understand these technologies and how they can be used to benefit your organization.

Cryptocurrency, blockchain, and NFTs offer a lot of potential for nonprofits. For example, they can be used to raise funds, accept donations, and even create your own fundraising NFTs.

This guide will cover everything you need to know about using crypto, NFTs, and blockchain for your nonprofit. We’ll discuss the benefits and challenges of these technologies and how to get started.

How Do Nonprofits Utilize Cryptocurrencies & Blockchain Technologies?

According to Fidelity Charitable research, 45% of cryptocurrency owners donated $1,000 or more to charity in 2020, compared to 33% of all investors.

Nonprofits can utilize cryptocurrencies and blockchain technologies by accepting donations in cryptocurrency or using crypto and blockchain to create their own fundraising NFTs. These can be used to raise funds and provide donors with a way to track how their donation is being used.

Gifting cryptocurrencies to a nonprofit organization or donor is similar to giving any other asset. Laws surrounding crypto gifting will vary by jurisdiction, but overall, they are vague and still lack fundamental organization.

As a general rule, the IRS designates cryptocurrency (or virtual currency) as property, not money. Therefore, the same rules apply to non-cash gifts of cryptocurrency as they would for any other type of asset. For example, if a donor makes a cryptocurrency gift worth more than $500, they must file Form 8283 with their tax return. And for gifts valued at over $5,000, the donor needs to get a qualified appraisal.

Furthermore, your organization must develop a written policy for accepting cryptocurrency gifts. The policy should outline what is and isn’t allowed regarding exchanges, wallets, and third parties. Make sure the parameters for gift approvals are also included in the policy. Often, it’s most effective to designate one person to approve the acceptance and sale of cryptocurrencies like Bitcoin, Ethereum, Litecoin, or a cryptocurrency created by an organization, like Carbon12’s $C12 Token.

When it comes to NFTs, there are a few different ways that nonprofits can utilize them. For example, you could create an NFT to represent a donation or use an NFT to track how funds are being used. You could also auction off an NFT to raise funds or use it as a raffle prize.

NFTs can be created for just about anything, so get creative! There are a ton of different ways that your nonprofit can utilize them.

Benefits of Using Crypto, NFTs & Blockchain for Your Nonprofit

You’re always looking for ways to optimize fundraising and reduce costs as a nonprofit. And utilizing crypto, NFTs, and blockchain can help you do just that. Whether you’re a religious organization, an educational institution, or a charity, these technologies can be extremely beneficial.

For churches and religious organizations, crypto and blockchain can be used to facilitate tithing and other donations. For example, creating a new cryptocurrency can make it easier for members to donate, as they can do so directly from their wallets.

This is beneficial because it allows donors to give without worrying about conversion rates or fees. It also makes it easier for donors to track their donations and see how it’s being used. Several additional benefits of using cryptocurrency, blockchain, and NFTs for your nonprofit exist. Here are some of the most notable advantages:

  1. Improved Transparency
One of the biggest benefits of using blockchain is improved transparency. With blockchain, all transactions are recorded on a public ledger. This means that anyone can view the transaction history of a particular address.

This level of transparency is beneficial for nonprofits because it allows donors to see how their money is being used. It also helps to build trust between donors and nonprofits.

2. Reduced Transaction Fees

Another advantage of using cryptocurrency is that it can help to reduce transaction fees. When you use traditional methods such as credit cards or bank transfers, there are usually high fees involved. Crypto transactions are performed using a public key — a private, alphanumeric address that changes with each transaction.

You can also pay for goods and services on mobile devices by scanning QR codes linked to your wallet. Credit cards can also be used on mobile phone platforms, but the payments must go through several channels before they’re processed and approved.

With cryptocurrency, transaction fees are often much lower. This is because there are no middlemen involved in the process. When a customer uses a credit card to make a purchase, the merchant is charged an interchange fee by the credit card payment provider. These fees can be as high as 3–4% of the total purchase price. Furthermore, these companies can arbitrarily add more fees at any time without warning.

As blockchain technology becomes more accessible, merchants can accept payments via blockchain technology by working with a reliable payment provider that will convert cryptocurrency revenue into fiat currency (government-issued legal tender).

Such services cost significantly less than processing traditional credit card payments; most only charge around a 1% flat fee to cover their processing costs.

3. Reduced Transaction Fees

Another benefit of using cryptocurrency and NFTs is that they can help to increase donor engagement. When donors see how their money is being used and where it’s going, they’re more likely to engage with the nonprofit.

This level of engagement can lead to increased donations and more loyalty from donors. According to Google’s Bitcoin demographics, a significant portion of crypto users, at 9.34%, are only recently out of high school.

Furthermore, almost 50% of users fall into the millennial age group. Capturing a new, younger audience is essential for the growth of any nonprofit, and utilizing cryptocurrency can unlock a new, tech-savvy donor base.

4. Improved Security

Cryptocurrency and blockchain also offer improved security compared to traditional methods. With blockchain, all transactions are immutable. This means that they cannot be changed or reversed.

This can be beneficial for nonprofits as it reduces the risk of fraud and theft. Additionally, it can help speed up the donation process as there is no need to wait for bank approval.

5. Tax Benefits for Donors

The IRS views cryptocurrency as property, which may be taxable if sold at a profit. The amount of taxes depends on how long the owner possessed the currency before selling it. If taxpayers donate their cryptocurrency to charity instead of exchanging it for cash, they can avoid paying capital gains taxes while still taking a deduction for the full donation amount.

As an example, If a taxpayer sells Bitcoin and donates the after-tax money to a charity, the capital gains will be taxed as short- or long-term capital gains based on how long they kept the Bitcoin before selling it.

Depending on their taxable income, long-term capital gain rates of 0%, 15%, or 20% will be imposed if they hold the asset for at least a year. Capital gains that occur in a short period of time are taxed at ordinary income tax rates between 10% and 37%.

If the taxpayer itemizes deductions, they can deduct a certain amount of money for each dollar donated. Otherwise, they are entitled to the $300 (single) or $600 (married filing jointly) above-the-line charitable deduction under the Taxpayer Certainty and Disaster Tax Relief Act of 2020.

How to Get Started Using Crypto, NFTs & Blockchain for Your Nonprofit

If you’re interested in using cryptocurrency, blockchain, and NFTs for your nonprofit, there are a few things you need to do to get started. Here’s a step-by-step guide:

1. Choose a Cryptocurrency

The first step is to choose a cryptocurrency that you want to use. There are many different types of cryptocurrency, so it’s important to research and select the one that’s right for you. Alternatively, creating your own cryptocurrency is also an option. This can be a good way to get involved in the crypto community and build support for your nonprofit.

2. Set Up a Blockchain Wallet to Accept Direct Donations

Once you’ve chosen a cryptocurrency, setting up a blockchain wallet is next. A blockchain wallet is an online account that allows you to store, send, and receive cryptocurrency. There are many different types of blockchain wallets, so choosing one that’s right for you is important. Some popular options include Coinbase and Exodus.

Accepting crypto or NFT donations directly rather than through a marketplace will allow you to avoid paying extra fees. Additionally, it will also give you more control over the donation process.

Vice versa, accepting through a marketplace will ensure a streamlined, user-friendly, and low-fee donation process for your donors. A wallet will still need to be utilized if you plan on storing any crypto or NFTs for the long term.

Payment processors such as The Giving Block and Engiven assist nonprofits in receiving donations to their personal wallets, allowing them to keep crypto as an investment if they want. These businesses handle basic transactional operations like automatic conversion to cash and tax receipts.

3. Use an Intermediary 501(c)(3)

As a nonprofit, you should be designated as a 501(c)(3) organization, but if you’re not comfortable handling cryptocurrency directly, you can use an intermediary 501(c)(3) organization. These organizations will accept cryptocurrency on your behalf and convert it into cash.

By adopting cryptocurrencies via another 501(c)(3), such as donor-advised funds (DAFs), charities aren’t required to take custody of the asset. This considerably reduces the legal, accounting, and administrative hassles of accepting cryptocurrency. The intermediaries then pay out organizations in cash in accordance with their tax obligations.

4. Use Your Donations

Once you’ve received donations, you can use them to fund your nonprofit. There are many different ways to do this, but one popular option is to use them to pay for expenses such as salaries, rent, and marketing.

Conclusion

Using crypto, blockchain, and NFTs for your nonprofit can be a great way to fundraise and accept donations. However, it’s important to do your research and understand the risks before getting started. By following the steps and weighing the benefits vs. risks outlined in this guide, you’ll be on your way to accepting cryptocurrency donations in no time.

Source

https://medium.com/@Carbon12token/using-cryptocurrency-nfts-blockchain-for-your-nonprofit-c8bd5bb9d2e7

$C12 Launch & Token Distribution

777 Million $C12 tokens were minted on July 14, 2022. 155,400,000 million $C12 will be sold through private and public sales. 271,950,000 million $C12 are for staking rewards distributed over the following decades.

There are various vesting periods from one year to 5 years for the allocations described below. These tokens will be locked in smart contracts on September 7th, 2022.

Token Allocation | Carbon12

Staking Rewards 271,950,000 tokens — 35% of the tokens will be utilized as staking rewards released over decades.

Private Sale 7,770,000 tokens — 1% of the tokens were for participants in the private sale. The price per token was $.0311 and a lockout period of one year with a quarterly linear unlock schedule.

Pre-sale 69,930,000 tokens — 9% are for participants in the Pre-sale. The price per token will be $0.0355 and a lockout period of one year with a quarterly linear unlock schedule.

Public Sale 77,700,000 tokens — 10% of the tokens are for participants in the Public Sale. The price per token will be $0.0444 with no vesting period.

Kingdom Fund 155,400,000 tokens — 20% of the tokens will be allocated to the Kingdom Fund. These tokens are used for Kingdom building endeavors. These tokens have a five-year vesting period.

Strategic Partners 116,550,000 tokens — 15% of the tokens were allocated to strategic partners. These tokens were allocated with the specific mandate of being distributed to strategic partnerships which include our grant program for faith-based dApps, our bounty program, and airdrops. These tokens have a five-year vesting period.

Initial Treasury 69,930,000 tokens — 9% of these will be used to initially fill the treasury, while private and public sale funds will be stored in the treasury and utilized for operations and development of Carbon12 and two of its primary use cases — HolARgram and GridIron.

Liquidity 7,770,000 tokens — 1% of the tokens will be paired with AVAX to form a Carbon12 token-owned Liquidity pool. To ensure trading begins immediately after the Public Launch.

Learn More About Carbon12

675k $C12 Rewards are up for grabs!

Bounties are programs used by blockchain projects to incentivize community participation, development, and social media engagement before public launch or ICO (initial coin offering). Rewards are tokenized, meaning participants earn cryptocurrency as payment for completing simple marketing or development tasks.

Carbon12 has recently launched our bounty campaign on Bounty0x, a platform that connects early-stage projects with bounty hunters looking to earn crypto. Carbon12 will be giving away 675,000 tokens to bounty hunters who complete the tasks within our program. Tokens will be live once the Carbon12 liquidity pool is formed in December of 2022.

Hunters can earn $C12 by participating in various marketing efforts to bolster the Carbon12 community while we develop our ecosystem. Our current bounty program features 8 tasks for hunters to earn tokens, ranging in difficulty and reward.

  • Twitter Bounty (84 tokens per submission, max 10 submissions) — follow Carbon12 on twitter, like a recent tweet and re-tweet with hashtags #Faith #Christian #DeFi and an original comment of 8 words or above.

Tiered Rewards:

  • Article Creation Bounty — write an original, non-plagiarized article of 500 words or more about Carbon12, HolARgram, or GridIron and post to social media.
    • 3379 tokens — maximum reward for impressive and original articles with a high level of engagement on social media.
    • 2534 tokens — reward for great articles and a medium level of engagement on social media.
    • 1690 tokens — minimum reward for average articles and a low level of engagement on social media.
  • YouTube Video Bounty — create and edit an original and innovative promotional video about Carbon12 and post it to YouTube.
    • 3379 tokens — maximum reward for impressive and original videos with a high level of engagement on YouTube.
    • 2534 tokens — a reward for great videos and a medium level of engagement on YouTube.
    • 1690 tokens — minimum reward for average videos and a low level of engagement on YouTube.

Get paid to become part of a ground-breaking project and Jesus-loving community by completing one or more of the simple tasks in our bounty campaign today

Learn More About Carbon12