Buy a Coin. Give a Meal.

Food Coin is a 100% transparent project on Solana, using crypto to fight hunger on my streets. Current Location: Karachi, Pakistan.

Live Project Dashboard

Last updated: never

Transparent Funding Model

I have built this three wallet mechanism; one wallet buys $FC, one wallet feeds the hungry, one wallet burns tokens - solving the three sun problem.

The Vault

The Vault has tokens from launch, but they are less than the required target of 15% of the supply. This has been done intentionally so I can BUY BACK $FC, using creator rewards using the formula ‘at every $10k rewards I buy back using 10% of the rewards.’

In the meantime, $FC tokens are being sold as well to fund meals based on the schedule. This mechanism will result in everlasting buybacks of the coin. And you will see all the procurement and distribution of meals live on stream with official receipts posted on X too.

Funding Wallet

The Funding Wallet is being used to fund the meals. It receives $FC tokens sent from The Vault, which are then converted to $USDC and subsequently exchanged for Fiat to pay for the meals.

This is all performed following the mentioned schedule. So, for example, when the value of tokens in The Vault reaches $5k, 2% of the tokens worth $100 will be sent to the Funding Wallet to finance the first trench of meals.

Burn Wallet

This wallet's function is consistent throughout all phases. It collects $FC tokens sent by the community for burning to help increase the value of The Vault's holdings over time. Periodically, its balance is sent to a permanent, unusable address.

Instead of the community sending tokens directly to other burn addresses, this method of sending them to the official Burn Wallet will help all of us know the number of coins burned. From the Burn Wallet, I will personally send the $FC tokens to Solana burn addresses periodically.

The Roadmap

Phase 1: Foundation - COMPLETED

Launch & Community Building

  • ✅ Fair Launch on pump.fun
  • ✅ Website & Socials Deployed
  • ✅ Establish Public Wallets
  • ✅ Secure The Vault
Phase 2: Action - IN PROGRESS

Fund & Execute First Mission

  • ➡️ Hit first funding milestone in The Vault
  • 🔲 Purchase POV Camera & Equipment
  • 🔲 Host First Live-Streamed Food Run
  • 🔲 Post All Receipts for Transparency
Phase 3: Growth - UPCOMING

Scale & Expand

  • 🔲 Expand to Suburbs of the City
  • 🔲 Partner with Local Restaurants
  • 🔲 Dig wells in nearby Villages
  • 🔲 Whatever Community Decides

Funding & Transparency Schedule

The primary funding comes from The Vault. When its total USD value hits a milestone, a small, pre-defined percentage is sold for USDC to fund meals. This ensures sustainable, long-term operations.

Milestone (Wallet Value)Action (Portion to Sell)Amount Withdrawn (USD)Meals Funded
$5,000Sell 2% of holdings$10050 Meals
$10,000Sell 2% of holdings$200100 Meals
$25,000Sell 1.5% of holdings$375187 Meals
$50,000Sell 1.5% of holdings$750375 Meals
$100,000Sell 1% of holdings$1,000500 Meals
$250,000Sell 1% of holdings$2,5001,250 Meals
$500,000Sell 0.75% of holdings$3,7501,875 Meals
$1,000,000Sell 0.5% of holdings$5,0002,500 Meals

Tokenomics & Distribution

Distribution Breakdown

  • >85% Public Launch: Fairly distributed and available on the open market.
  • <15% The Vault: Used to fund meal distributions according to our public schedule.

Additional Info

  • Creator Fees: For every $10,000 in rewards accumulated, 10% ($1,000) is contributed to the Funding Wallet by me.