An update on Masi Creative Hub
In our latest Monsta for Good (MFG) update, we are delighted to announce that our community has played a pivotal role in our successful fundraising efforts, allowing us to raise over 2 BNB! We extend our deepest appreciation to all those who generously donated, as this incredible feat would not have been possible without your support.
Thanks to the overwhelming support we received, we were able to contribute 1 BNB to Masi Creative Hub. This generous donation will greatly assist the organization in providing essential services to those in need. We are grateful for the opportunity to make a positive impact through the support of our community.
Furthermore, we would like to express our heartfelt gratitude to JR, a valued member of our community, for his kind assistance and generosity towards Monsta for Good. Individuals like JR make it possible for us to create meaningful change, and we are truly grateful for their contributions.
Spotlight #2: Naazneen’s Kitchen
Naazneen Karriem, a remarkable Cape Town resident, has been providing nourishment to hundreds of people in need for over a decade. Her journey began in District Six, where she started offering food from her home, and today, she operates her soup kitchen in Bonteheuwel, Cape Town. Naazneen’s kitchen opens its doors from Monday to Friday, providing food to anyone who seeks assistance. On an average day, she feeds up to 400 people, demonstrating her unwavering commitment to serving her community.
Naazneen’s kitchen relies solely on donations, and she has never turned away anyone in need as long as she has the means to help. Her dedication and selflessness are truly inspirational, and we had the privilege of spending a day with her to learn more about her invaluable work.
We invite you to watch the inspiring video below to gain insight into Naazneen’s journey and the remarkable impact she has made in the lives of those she serves. Her unwavering efforts remind us that even the smallest acts of kindness can create a significant difference in the world.
As part of our commitment, Monsta for Good will donate a portion of this month’s contributions to assist her in funding her vital work. The remaining funds will be stored in the Monsta for Good treasury to support future individuals or projects in need.
If you would like to contribute to individuals like Naazneen and help us continue assisting those in need, please consider making a donation to Monsta for Good. Donations can be made in any BEP-20 token, such as BUSD, USDC, or BNB, to the Monsta for Good multi-signature safe wallet below:
0xf4a0E2404556EBB97d3720b958933dceB8EB8fA3
Together, we can make a lasting impact and bring positive change to communities worldwide.
About Monsta for Good
Monsta for Good is a charitable initiative established by Cake Monster, a cryptocurrency project on BNB Chain. Our mission is to utilize the power of cryptocurrency to support small organizations making a positive impact on vulnerable communities worldwide. We believe that everyone deserves access to basic needs and opportunities, and we are committed to providing financial assistance to those in need through our charity arm.
About Cake Monster
Cake Monster is a unique and elastic DeFi protocol that works in deflationary two-year cycles on BNB Chain. The intrinsic token (MONSTA) value is backed by its non-correlated asset vault reserves (e.g BNB, CAKE), which are largely used to reward holders at the end of each cycle.
Website | dAPP | Community | Documentation | Whitepaper
2022 has been a tough year, not just for crypto but for the world in general. Since the very beginning, making a difference to people’s lives has been a core value for Cake Monster, and that’s why launching Cake Monster for Good earlier this year, was so important.
We have been working quietly behind the scenes to ‘give back’ where we can, in the ways that we can. It’s been a beautiful journey so far, with many stories to share but there is so much more that can be done. We are hopeful that the future will see us helping many more people, throughout the $MONSTA cycles, across the world.
CMFG is open to nominations and a few Monstas stepped forward to help some of their local communities in need.
Our very first donation went to feed over 100 people on the streets of Mumbai. This is no easy task! The meals had to be bought, prepped, cooked, packed and then taken and distributed to the community. None of this would be possible without the willing help & co-ordination of individuals within our community. Thank you!
The day was a huge success and the appreciation from those we helped, was tangible.
Check out the video of the event below
Our first venture gave us a lot of perspective though, feeding 100 people is an incredible feat and worthwhile cause… but we found ourselves asking — what then? What happens to those 100 people for the other 364 days of the year? What happens to them in a world where food is becoming scarcer, climates are changing and people (of all walks of life) are struggling.
So with that in mind, CMFG began looking at other ways to help feed the hungry, with more sustainable and longer reaching effects — something that would feed those 100 people for more than a day. This is not something we can accomplish on our own, with limited resources that the charity has at its disposal.
What made sense, was to create a network of individuals who are working within their communities, with the same goal as ours in mind — food and safe shelter for those in need, as well as educate them on how to feed themselves through the future. Empowerment through education. We are also aware that our donations are but a drop in the ocean for the people we are working with, so we decided the best way to help them long term, was to give them a platform to tell their story.
We are very grateful of the people we have met, helped and shared with so far, and we are very proud of our community for the generosity and kindness they have demonstrated time and time again. We are excited for the future and hopeful that as Monsta grows stronger, so too will our reach and impact. In the meantime we are continuously working in our small way with the intent of making big change.
If you would like to donate to CMFG and help us do more good in the world, you can send BNB, or BUSD to our Cake Monster for Good multi-sig Gnosis Safe address below:
0xf4a0E2404556EBB97d3720b958933dceB8EB8fA3
About Cake Monster
Cake Monster is a unique and elastic DeFi protocol that works in deflationary two-year cycles on BNB Chain. The intrinsic token (MONSTA) value is backed by its non-correlated asset vault reserves (e.g BNB, CAKE), which are largely used to reward holders at the end of each cycle. More info: Community | Documentation | Whitepaper
Feed The World!
Today we are happy to announce the launch of “Cake Monster For Good” — a charity initiative that has been an item on our roadmap since inception.
The project roadmap initially specified a much later date for this initiative, but global events have exacerbated and brought into greater focus the urgent need for food in the world — and the Monsta community is determined to respond!
The Mission
United in utter dismay at the reality of the millions of people around the world facing food insecurity — particularly due to supply chain disruptions and C-19 restrictions — the community was determined to join existing forces in an effort to do something about it. As the MONSTA protocol eats digital assets and grows its financial reserves — we’ll expand our reach, feeding more and more hungry people, until one day, food insecurity will be a worry of the past.
Currently, the Project Team and supporting community members are looking at multiple avenues for generating on-chain revenue for these endeavours . This will ensure that, just as the protocol is sustainable (volume harvesting, hyper deflationary, elastic supply and cyclical,) so too are our Philanthropy initiatives, such as Cake Monster For Good.
The Personal Touch
Great things require strong foundations, so our aim will be to start small and in a direct way. We’ll build upon these foundational efforts building reputation, partners and learning how best to deploy these resources to maximize their effectiveness and impact in pursuit of our objectives.
We will be having a direct communication with all who we help feed. We want this to be personal. We want to ensure that the aid is going to a good and beneficial cause that is tangible. We won’t be making blind donations to blackbox charities, hoping that they put the effort in for us.
How it Works
Effective immediately, members of the Cake Monster team and wider community will be looking to help the most vulnerable individuals, families or groups round the world who are in urgent need of food, livestock, or preparation and harvesting tools.
We’ll provide the necessary financial resources to procure the help and resources that people need. In return, they will be asked to verify this support via photographic or video evidence. This is a necessary step in building trust and reputation for the project, and to minimize any potential risk of exploitation to the project. We will start slowly, and expand in a conscious and deliberate way.
Methods of Assistance
Collected revenue for donations will be deployed in one of the following methods:
- One-to-One
- One-to-Many
- One-to-All
One to One (O2O)
Phase 1 of the CMFG initiative will focus on “one to one” (O2O) support methods. This will be achieved by the project team and community members working directly with individuals in their local areas of need.
The Steps…
1. Community members can nominate someone they know in need, or those in need can apply directly themselves by completing the application form here
2. Each recipient will be asked to provide a little information about their situation and why they could use the support.
3. Once approved, each aid recipient will receive funds for securing and purchasing much needed food supplies.
4. 50% of the available funds will be provided up front to purchase food
5. The recipient provides proof of purchase and receives the remaining balance.
This allows for transparency and trust while allowing the community to see the impact their help is having first hand.
The aim is to help the most vulnerable, children in particular, and will begin happening as soon as possible, wherever the community is able to identify the need.
Once O2O is running smoothly, “One-to-Many” will begin. We already have some connections in this area (which requires additional care and logistical support), but we are starting small, proving ourselves, and building from there.
In the future, particularly for these bigger initiatives, donations will be greatly appreciated, though the Cake Monster protocol will do its part.
Conclusion
There are many charities that are dedicated to feeding the hungry and the world would be a much darker place without their enduring efforts. But they require help.
Within a huge number of people around the world, there resides a powerful desire to give and to share what they have with those less fortunate than themselves. The Cake Monster community will add to these voices and rise up to meet this mountainous challenge. Our protocol is Mighty and #TheBeastOfBSC is hungry. Together, perhaps the mountain can be conquered once and for all. 💪
About Cake Monster
Dive into the furry world of a super deflationary multi-feature and dividend yield token on BSC with cute memes, hairy NFTs, delicious community rewards and much much more sweet ingredients, RAWR!
Cake Monster ($MONSTA) offers a multitude of great features aimed at building a flexible and multifaceted dividend yield and reward system for participants without compromising the sustainability or security of the ecosystem and combines this with smart design, creativity, and organic growth.
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