Meme Tokens Fund Animal Shelter Without Direct Donations
A small animal shelter in Tucson is using a new platform called PUMPCHANGE to raise money without asking for donations directly. A college student creates a meme token called $CRUTCH as a joke about an old dog with a bad hip, and sets aside 40% of the trading fees for the shelter. The token's page shows the charity's name and the locked-in percentage, so traders know where their money is going even if they don't care about the dog.
The platform applies a 1.25% fee to each trade, with half going to PUMPCHANGE and the other half split between the creator and the charity based on the set percentage. The fees accumulate and are paid out at regular intervals, so the shelter receives a steady stream of money without any direct involvement.
The mechanism relies on people trading meme coins for entertainment purposes, and it doesn't need anyone to care about the charity or the dog. The creator of $CRUTCH might not even tell Maria about the token, but the shelter still benefits from the trading activity.