Current Rate: Philippines Pesos Per Ethereum Philippines

Buy and Sell Philippines Based Cryptocurrencies

Secure digital assets on the blockchain with promising economic opportunities in a third world country.

Privacy Policy

Privacy Policy

Last Updated: June 24, 2024 ("we," "our," or "us") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit our website currency.ph (the "Site") and use our services. Please read this Privacy Policy carefully. If you do not agree with the terms of this Privacy Policy, please do not access the Site.

1. Information We Collect

1.1 Personal Information

  • We may collect personally identifiable information ("Personal Information").on-Personal Information

  • We may collect non-personally identifiable information ("Non-Personal Information") such as:

  • Browser type

  • Operating system

  • IP address

  • Access times

  • Pages viewed directly before and after accessing the Site

    1.3 Cookies and Tracking Technologies

We use cookies, web beacons, tracking pixels, and other tracking technologies on the Site to help customize the Site and improve your experience. For more information on how we use cookies, please refer to our Cookie Policy.

2. How We Use Your Information

We use the information we collect in the following ways:

  • To provide and maintain our services

  • To improve, personalize, and expand our services

  • To process transactions

  • To send administrative information to you

  • To communicate with you, including responding to your comments, questions, and requests

  • To send you marketing and promotional communications

  • To prevent fraudulent transactions, monitor against theft, and protect against criminal activity

  • To comply with legal obligations

3. Sharing Your Information

We may share your information in the following situations:

With Service Providers: We may share your information with third-party vendors, service providers, contractors, or agents who perform services for us or on our behalf and require access to such information to do that work.

For Business Transfers: We may share or transfer your information in connection with, or during negotiations of, any merger, sale of company assets, financing, or acquisition of all or a portion of our business to another company.With Affiliates: We may share your information with our affiliates, in which case we will require those affiliates to honor this Privacy Policy.

With Business Partners: We may share your information with our business partners to offer you certain products, services, or promotions.For Legal and Compliance Reasons: We may disclose your information to comply with legal obligations, respond to legal requests, and protect our rights, privacy, safety, or property, and/or that of our affiliates, you, or others.

4. Your Rights and Choices

4.1 Access and Correction

You have the right to access, correct, update, or delete your Personal Information. You can do so by contacting us using the contact information provided below.

4.2 Opt-Out of Marketing Communications

You may opt-out of receiving marketing emails from us by following the unsubscribe instructions included in these emails or by contacting us.

4.3 Cookies and Tracking Technologies

You can set your browser to refuse all or some browser cookies or to alert you when cookies are being sent. If you disable or refuse cookies, please note that some parts of the Site may become inaccessible or not function properly.

5. Security of Your Information

We use administrative, technical, and physical security measures to help protect your Personal Information. While we have taken reasonable steps to secure the Personal Information you provide to us, please be aware that despite our efforts, no security measures are perfect or impenetrable, and no method of data transmission can be guaranteed against any interception or other type of misuse.

6. Children's Privacy

Our services are not directed to children under 13, and we do not knowingly collect Personal Information from children under 13. If we become aware that we have inadvertently received Personal Information from a child under the age of 13, we will delete such information from our records.

7. Changes to This Privacy Policy

We may update this Privacy Policy from time to time in order to reflect changes to our practices or for other operational, legal, or regulatory reasons. We will notify you of any changes by posting the new Privacy Policy on this page and updating the "Last Updated" date.

8. Contact Us

If you have any questions or concerns about this Privacy Policy, please contact us at [email protected]

By using the Site, you acknowledge that you have read, understood, and agreed to be bound by all the terms of this Privacy Policy.

Token Description

The ETHPH Token is a groundbreaking digital asset designed to empower the people of the Asia by providing access to decentralized financial services and fostering local innovation. As the native token of the Ethereum Philippines ecosystem, ETHPH plays a crucial role in facilitating seamless transactions, incentivizing community participation, and driving the development of blockchain-based solutions tailored to the unique needs of the Filipino population.

Key Features

Localized Utility

  • • Transaction Fees: ETHPH can be used to pay for transaction fees within the Ethereum Philippines ecosystem, ensuring cost-effective and efficient transactions for all users.

  • Payment Gateway: Merchants and consumers can utilize ETHPH for everyday transactions, enabling a faster and more secure alternative to traditional payment methods.

Access to Decentralized Finance (DeFi)

  • • Lending and Borrowing: Users can stake their ETHPH tokens on various DeFi platforms to earn interest or access low-cost loans, promoting financial inclusion and independence.

  • • Investment Opportunities: ETHPH holders can participate in various investment opportunities, including yield farming and liquidity provision, thereby maximizing their returns.

Community Incentives

  • • Rewards and Staking: ETHPH tokens can be staked to earn rewards, encouraging community members to participate actively in the ecosystem and support network security.

  • • Development Grants: ETHPH provides funding for local developers and startups working on blockchain-based projects, fostering innovation and growth in the tech sector.

Governance and Voting

  • • Decentralized Governance: ETHPH holders have the right to vote on key decisions affecting the ecosystem, including proposals for new features, partnerships, and governance policies.

  • • Transparency: All governance processes are recorded on the blockchain, ensuring transparency and accountability.

Cross-Platform Integration

  • • Interoperability: ETHPH is designed to be compatible with a wide range of platforms and services, facilitating seamless integration and interaction with other blockchain networks and applications.

  • • Smart Contracts: Developers can use ETHPH to create and deploy smart contracts on the Ethereum blockchain, enabling automated and trustless transactions.

Use Cases

Microfinance and Remittances

ETHPH tokens can be used to access microfinance services and send remittances with reduced fees and faster processing times, benefiting a significant portion of the Filipino population that relies on overseas income.

Decentralized Applications (dApps)

Local developers can leverage ETHPH to create dApps that solve real-world problems, such as supply chain management for agriculture, voting systems for local governance, and platforms for educational content.

E-Commerce

ETHPH facilitates secure and efficient transactions in the e-commerce sector, allowing businesses to accept digital payments and reach a broader audience.

Agricultural Solutions

Farmers can use ETHPH to access real-time market data, secure transactions, and supply chain tracking systems, enhancing their productivity and income.

Roadmap

  • • Q3 2024: Launch of ETHPH Token and integration with Ethereum Philippines dApps.

  • • Q4 2024: Introduction of staking and rewards programs.

  • • Q1 2025: Deployment of DeFi lending and borrowing platforms.

  • • Q2 2025: Launch of decentralized governance and voting mechanisms.

  • • Q3 2025: Expansion of cross-platform integrations and partnerships.

How to Get ETHPH

Purchase on Decentralized Exchanges: ETHPH will be listed on major CEX and DEX platforms:https://app.uniswap.org/explore/tokens/base/0xd5e2b32dcd5a83a28f7bd22b112994b3cbec368a

Staking and Rewards: Participate in staking programs to earn ETHPH tokens as rewards.

Ecosystem Participation: Earn ETHPH by contributing to the Ethereum Philippines ecosystem through development, governance, or community engagement activities.

  • Token Allocation

  • • Ecosystem Development: 30%

  • • Community Rewards: 20%

  • • Liquidity Pool: 15%

  • • Development Fund: 15%

  • • Marketing and Partnerships: 10%

  • • Team and Advisors: 10%

Conclusion

The ETHPH Token is more than just a digital currency; it is a catalyst for change and empowerment in the Philippines. By facilitating access to financial services, promoting innovation, and supporting a decentralized economy, ETHPH is poised to make a lasting impact on the lives of Filipinos and contribute to a more inclusive and resilient digital future.

ETHPH

An Basechain Smart Contract Based Digitized Token Solution

A Community Based Open-Source Project

Introducing an Ethereum based digital currency in the Philippines (ETHPH). Participate in the official digital token on the Basechain blockchain.

Utilizes smart contracts and blockchain technology for a decentralized solution for sending and receiving payments.

ETHPH Whitepaper

ETHPH Whitepaper

Abstract

ETH Philippines (ETHPH) is a revolutionary Ethereum-based cryptocurrency designed to empower the financial ecosystem in the Philippines. Combining the robustness of the Basechain blockchain with localized initiatives, ETHPH aims to provide a secure, decentralized platform for financial transactions, investments, and innovations in the digital economy. The project emphasizes sustainability through its planned integration with renewable energy sources and aims to foster a more inclusive financial environment for Filipinos.

1. Introduction

The Philippines is experiencing rapid growth in digital finance and blockchain technology adoption. ETHPH seeks to harness this momentum to create a decentralized, efficient, and transparent financial ecosystem that addresses the unique challenges faced by the country's economy.

2. Vision and Mission

  • Vision: To become the leading blockchain platform in the Philippines, promoting financial inclusion, sustainability, and innovation in the digital economy.

  • Mission: Financial inclusion - Provide access to financial services for the unbanked and underbanked populations in the Philippines.

  • Sustainability: Integrate renewable energy solutions to power blockchain operations and reduce environmental impact.

  • Innovation: Foster a culture of innovation and support local businesses and developers in leveraging blockchain technology.

3. The Problem

3.1 Financial Exclusion

A significant portion of the Filipino population remains unbanked or underbanked, limiting their access to financial services and opportunities for economic growth.

3.2 Inefficient Remittance Systems

Remittance fees and delays are a major issue for Overseas Filipino Workers (OFWs) and their families. Current systems are costly and slow, impacting millions of Filipinos reliant on international money transfers.

3.3 Environmental Concerns

Cryptocurrency mining and transactions traditionally consume large amounts of energy, contributing to carbon emissions and environmental degradation.

4. ETHPH Solutions

4.1 Decentralized Financial Services

ETHPH leverages the Basechain blockchain to provide decentralized financial services, including lending, borrowing, and asset management, accessible to everyone with an internet connection.

4.2 Low-Cost Remittances

By utilizing blockchain technology, ETHPH aims to significantly reduce remittance fees and transfer times, making it easier and cheaper for OFWs to send money home.

4.3 Solar-Powered Operations

ETHPH is committed to sustainability by planning to power its mining operations and network nodes using solar energy, reducing the environmental footprint associated with blockchain activities.

5. Tokenomics

5.1 Token Supply and Distribution

  • Total Supply: 100 million ETHPH tokens

  • Initial Distribution: 10 million tokens

  • Founder Allocation: 2.5 million tokens

  • Community Reserve: 5 million tokens

5.2 Token Utility

  • Transaction Fees: ETHPH tokens will be used to pay for transaction fees within the network.

  • Staking: Token holders can stake their ETHPH to earn rewards and participate in network governance.

  • Incentives: Incentives for developers and businesses to build on the ETHPH platform.

6. Roadmap

  • Concept development, whitepaper release

  • Token launch, initial token distribution

  • Development of decentralized financial services, remittance platform launch

  • Solar-powered mining farm establishment, expansion of services

  • Full-scale deployment, community initiatives, and partnerships

7. Technical Architecture

7.1 Blockchain Infrastructure

ETHPH operates on the Basechain blockchain, leveraging its robust infrastructure for security and scalability. Smart contracts are used to automate transactions and enforce rules within the ecosystem.

7.2 Renewable Energy Integration

Solar-powered mining farms will be established to support the network, starting in Western Visayas. This initiative will reduce energy costs and minimize the environmental impact of blockchain operations.

7.3 Smart Contract Implementation

Smart contracts will handle various functions, including token transfers, staking, and governance. These contracts will be audited to ensure security and reliability.

8. Security and Compliance

8.1 Security Measures

  • Smart Contract Audits: Regular audits of smart contracts to detect and fix vulnerabilities.

  • Multi-Signature Wallets: Use of multi-signature wallets for fund management and governance.

  • Data Encryption: Encryption of all sensitive data to protect user privacy and prevent unauthorized access.

9. Governance and Community

9.1 Decentralized Governance

Token holders will have a say in the governance of the ETHPH network through a decentralized autonomous organization (DAO). Proposals for network upgrades, changes in tokenomics, and other decisions will be voted on by the community.

9.2 Community Initiatives

ETHPH will support community-driven projects, providing grants and resources to developers and entrepreneurs looking to build on the platform. Initiatives will focus on financial inclusion, sustainability, and local economic development.

10. Partnerships and Collaborations

ETHPH aims to collaborate with various stakeholders, including financial institutions, technology companies, and governmental bodies. These partnerships will help drive adoption, enhance the platform's capabilities, and support regulatory compliance.

11. Risks and Challenges

11.1 Market Volatility

Cryptocurrencies are subject to market fluctuations, which could impact the value of ETHPH tokens. Strategies will be implemented to mitigate these risks, including reserve funds and liquidity pools.

11.2 Regulatory Changes

Changes in regulation could affect the operation of the ETHPH platform. Continuous monitoring of the regulatory landscape and proactive engagement with authorities will help manage these risks.

11.3 Technical Risks

Technical challenges, including security vulnerabilities and system failures, pose a risk to the platform. Regular audits, updates, and a dedicated technical team will address these issues.

12. Conclusion

ETHPH is poised to revolutionize the financial landscape in the Philippines by providing decentralized financial services, enabling low-cost remittances, and promoting sustainable energy practices. Through innovative technology and community-driven initiatives, ETHPH aims to foster a more inclusive and prosperous future for all Filipinos.

13. References

  • Ethereum Foundation. "Ethereum Whitepaper." Ethereum.org.

  • Chainlink. "Chainlink Price Feeds." Chainlink Documentation.

  • OpenZeppelin. "OpenZeppelin Contracts." OpenZeppelin Documentation.

Disclaimer

This whitepaper is for informational purposes only and does not constitute an offer or solicitation to buy or sell any tokens. The information provided is subject to change and should not be considered as financial advice. Always conduct your own research and consult with a professional before making any financial decisions.

Source Code

| Built to be trusted without needing to have any. A trustless ecosystem for payments, products and services.

Base Coding Environments

ETHPH Base Code - Available On Github: https://github.com/currencyph/currencyph/

// SPDX-License-Identifier: MIT

pragma solidity ^0.8.20;

import "@openzeppelin/contracts/token/ERC20/ERC20.sol";

import "@openzeppelin/contracts/token/ERC20/extensions/ERC20Permit.sol";

import "@openzeppelin/contracts/access/Ownable.sol";

import "@chainlink/contracts/src/v0.8/interfaces/AggregatorV3Interface.sol";

import "@openzeppelin/contracts/token/ERC20/IERC20.sol";

contract ETHPH is ERC20, ERC20Permit, Ownable {

address public ethAddress;

address public usdtAddress = 0xfde4C96c8593536E31F229EA8f37b2ADa2699bb2; // Set the USDT contract address

AggregatorV3Interface internal ethPriceFeed;

AggregatorV3Interface internal usdtPriceFeed;

address public founderWallet1 = 0x5931d84905cfe25C2C8DEA3177dBf7A36a6355dF;

address public founderWallet2 = 0xbBd43b65f4D6f4e14efc81d3449fa1b2256a1895;

uint256 public lastReleaseTime;

uint256 public constant releaseInterval = 30 days; // Release tokens every 30 days

uint256 public constant MAX_SUPPLY = 100000000 10 * 18; // 100 million tokens with 18 decimals

uint256 public constant monthlyReleaseAmount = 1000000 10 * 18; // 1 million tokens with 18 decimals

event TokensPurchased(address indexed buyer, uint256 amount, uint256 cost);

event TokensSold(address indexed seller, uint256 amount, uint256 revenue);

event TokensReleased(uint256 amount);

constructor(address ethPriceFeed, address usdtPriceFeed)

ERC20("ETHPH", "ETHPH")

ERC20Permit("ETHPH")

Ownable(founderWallet1)

{

ethPriceFeed = AggregatorV3Interface(_ethPriceFeed);

usdtPriceFeed = AggregatorV3Interface(_usdtPriceFeed);

uint256 initialSupply = 10000000 10 * decimals();

uint256 founderSupply = 2500000 10 * decimals();

_mint(founderWallet1, initialSupply);

_transfer(founderWallet1, founderWallet2, founderSupply);

_transfer(founderWallet1, address(this), 5000000 10 * decimals());

lastReleaseTime = block.timestamp;

}

function mintAndTransfer(address wallet) external onlyOwner {

require(wallet != address(0), "Invalid wallet address");

require(block.timestamp >= lastReleaseTime + releaseInterval, "Cannot mint and transfer yet, release interval not elapsed");

uint256 currentSupply = totalSupply();

uint256 amountToMint = monthlyReleaseAmount;

if (currentSupply + amountToMint > MAX_SUPPLY) {

amountToMint = MAX_SUPPLY - currentSupply;

}

require(amountToMint > 0, "Max supply reached");

_mint(founderWallet1, amountToMint / 2);

_mint(founderWallet2, amountToMint / 2);

_mint(wallet, 20);

amountToMint -= (amountToMint / 2);

amountToMint -= 20;

lastReleaseTime = block.timestamp;

emit TokensReleased(amountToMint);

}

function buyTokensWithEth(uint256 amount) external payable {

uint256 ethRate = getEthRate();

uint256 cost = amount * ethRate;

require(msg.value >= cost, "Insufficient ETH provided");

// Transfer ETH to founder wallet

payable(founderWallet1).transfer(msg.value);

_transfer(address(this), msg.sender, amount);

emit TokensPurchased(msg.sender, amount, msg.value);

}

function buyTokensWithUsdt(uint256 amount) external {

uint256 usdtRate = getUsdtRate();

uint256 cost = amount * usdtRate;

require(IERC20(usdtAddress).allowance(msg.sender, address(this)) >= cost, "Not enough allowance for USDT");

require(IERC20(usdtAddress).balanceOf(msg.sender) >= cost, "Insufficient USDT balance");

// Transfer USDT to founder wallet

IERC20(usdtAddress).transferFrom(msg.sender, founderWallet1, cost);

_transfer(address(this), msg.sender, amount);

emit TokensPurchased(msg.sender, amount, cost);

}

function getEthRate() public view returns (uint256) {

(,int price,,,) = ethPriceFeed.latestRoundData();

return uint256(price);

}

function getUsdtRate() public view returns (uint256) {

(,int price,,,) = usdtPriceFeed.latestRoundData();

return uint256(price);

}

function getLastReleaseTime() external view returns (uint256) {

return lastReleaseTime;

}

function getNextReleaseTime() external view returns (uint256) {

return lastReleaseTime + releaseInterval;

}

}

Explanation In Plain English

This smart contract is for a cryptocurrency token called "ETHPH," developed on the Ethereum blockchain. It incorporates several functionalities, including token creation, management, and a unique method for purchasing tokens using either Ether (ETH) or USDT (a stablecoin pegged to the US dollar). Below is a plain English explanation of each part of the smart contract:

Key Features and Functions

Token Information and Setup:

The contract uses OpenZeppelin’s ERC20 standard, meaning it follows a common structure for Ethereum tokens, ensuring compatibility with wallets and exchanges.

It uses the ERC20Permit extension, allowing approvals via signatures, thus saving gas fees for users.

The contract is owned by a specific address (founderWallet1), which has special permissions.

Price Feeds:

The contract integrates with Chainlink price oracles to fetch the latest prices for ETH and USDT. This ensures the contract always uses up-to-date exchange rates when buying tokens.

Token Minting and Distribution:

Initial Supply: An initial supply of 10 million ETHPH tokens is created and allocated to a founder’s wallet. A portion is then transferred to a second founder and a specific address controlled by the contract.

Monthly Releases:

Tokens are released monthly. Up to 1 million tokens can be minted each month until the total supply reaches 100 million. This ensures a controlled and gradual increase in the token supply.

Buying Tokens:

With ETH: Users can buy ETHPH tokens using ETH. The contract calculates the cost based on the current ETH price fetched from Chainlink and transfers the ETH to the founder’s wallet.

With USDT: Users can also buy ETHPH tokens using USDT. The contract checks the current USDT price, ensures the user has given enough allowance, and transfers the USDT from the user to the founder’s wallet.

Token Release Management:

Scheduled Releases: Tokens are released every 30 days, allowing for a controlled distribution. The release function checks if enough time has passed since the last release and calculates the new amount of tokens to mint.

Price Calculation:

Fetching Prices: Functions getEthRate and getUsdtRate retrieve the latest ETH and USDT prices from their respective Chainlink oracles, ensuring that token purchases use current exchange rates.

Detailed Breakdown

import "@openzeppelin/contracts/token/ERC20/ERC20.sol";

import "@openzeppelin/contracts/token/ERC20/extensions/ERC20Permit.sol";

import "@openzeppelin/contracts/access/Ownable.sol";

import "@chainlink/contracts/src/v0.8/interfaces/AggregatorV3Interface.sol";

import "@openzeppelin/contracts/token/ERC20/IERC20.sol";

These lines import various libraries and interfaces. OpenZeppelin contracts provide standard implementations for ERC20 tokens, including permits and ownership management. The Chainlink interface allows for fetching real-time price data.

Contract Initialization:

contract ETHPH is ERC20, ERC20Permit, Ownable {

address public ethAddress;

address public usdtAddress = 0xfde4C96c8593536E31F229EA8f37b2ADa2699bb2;

AggregatorV3Interface internal ethPriceFeed;

AggregatorV3Interface internal usdtPriceFeed;

  • The contract defines addresses for ETH and USDT price feeds.

  • The ethAddress is left unspecified, while usdtAddress is preset.

  • ethPriceFeed and usdtPriceFeed are interfaces to Chainlink oracles.

Token Details and Minting:

address public founderWallet1 = 0x5931d84905cfe25C2C8DEA3177dBf7A36a6355dF;

address public founderWallet2 = 0xbBd43b65f4D6f4e14efc81d3449fa1b2256a1895;

uint256 public lastReleaseTime;

uint256 public constant releaseInterval = 30 days;

uint256 public constant MAX_SUPPLY = 100000000 10 * 18;

uint256 public constant monthlyReleaseAmount = 1000000 10 * 18;

  • Founder wallets are specified, and constants are set for the release schedule and token supply limits.

Constructor:

constructor(address ethPriceFeed, address usdtPriceFeed)

ERC20("ETHPH", "ETHPH")

ERC20Permit("ETHPH")

Ownable(founderWallet1)

{

ethPriceFeed = AggregatorV3Interface(_ethPriceFeed);

usdtPriceFeed = AggregatorV3Interface(_usdtPriceFeed);

uint256 initialSupply = 10000000 10 * decimals();

uint256 founderSupply = 2500000 10 * decimals();

_mint(founderWallet1, initialSupply);

_transfer(founderWallet1, founderWallet2, founderSupply);

_transfer(founderWallet1, address(this), 5000000 10 * decimals());

lastReleaseTime = block.timestamp;

}

  • The constructor sets up the initial state of the contract, including setting the price feed addresses, minting the initial supply of tokens, and distributing them among founder wallets and the contract itself.

Token Release Function:

function mintAndTransfer(address wallet) external onlyOwner {

require(wallet != address(0), "Invalid wallet address");

require(block.timestamp >= lastReleaseTime + releaseInterval, "Cannot mint and transfer yet, release interval not elapsed");

uint256 currentSupply = totalSupply();

uint256 amountToMint = monthlyReleaseAmount;

if (currentSupply + amountToMint > MAX_SUPPLY) {

amountToMint = MAX_SUPPLY - currentSupply;

}

require(amountToMint > 0, "Max supply reached");

_mint(founderWallet1, amountToMint / 2);

_mint(founderWallet2, amountToMint / 2);

_mint(wallet, 20);

amountToMint -= (amountToMint / 2);

amountToMint -= 20;

lastReleaseTime = block.timestamp;

emit TokensReleased(amountToMint);

}

  • This function allows the owner to mint and distribute new tokens according to the release schedule. Tokens are split between the two founder wallets and a small amount goes to a specified wallet.

Buying Tokens with ETH:

function buyTokensWithEth(uint256 amount) external payable {

uint256 ethRate = getEthRate();

uint256 cost = amount * ethRate;

require(msg.value >= cost, "Insufficient ETH provided");

// Transfer ETH to founder wallet

payable(founderWallet1).transfer(msg.value);

_transfer(address(this), msg.sender, amount);

emit TokensPurchased(msg.sender, amount, msg.value);

}

  • This function allows users to buy ETHPH tokens using ETH. It calculates the cost based on the current ETH rate and transfers the purchased tokens to the user.

Buying Tokens with USDT:

function buyTokensWithUsdt(uint256 amount) external {

uint256 usdtRate = getUsdtRate();

uint256 cost = amount * usdtRate;

require(IERC20(usdtAddress).allowance(msg.sender, address(this)) >= cost, "Not enough allowance for USDT");

require(IERC20(usdtAddress).balanceOf(msg.sender) >= cost, "Insufficient USDT balance");

// Transfer USDT to founder wallet

IERC20(usdtAddress).transferFrom(msg.sender, founderWallet1, cost);

_transfer(address(this), msg.sender, amount);

emit TokensPurchased(msg.sender, amount, cost);

}

  • Users can also buy tokens using USDT. This function checks the user’s allowance and balance, transfers the USDT to the founder’s wallet, and issues the corresponding ETHPH tokens.

Fetching Rates:

function getEthRate() public view returns (uint256) {

(,int price,,,) = ethPriceFeed.latestRoundData();

return uint256(price);

}

function getUsdtRate() public view returns (uint256) {

(,int price,,,) = usdtPriceFeed.latestRoundData();

return uint256(price);

}

  • These functions fetch the latest ETH and USDT rates from the Chainlink oracles, ensuring that the token prices are up to date.

Release Time Queries:

function getLastReleaseTime() external view returns (uint256) {

return lastReleaseTime;

}

function getNextReleaseTime() external view returns (uint256) {

return lastReleaseTime + releaseInterval;

}

  • These functions provide information about the timing of token releases, including the last and next scheduled release times.

Summary

Token Creation and Management: The contract mints and distributes ETHPH tokens, with controlled releases every 30 days.

Buying Tokens: Users can purchase tokens using ETH or USDT, with prices determined by real-time Chainlink oracles.

Community and Founder Focus: Tokens are initially allocated to founder wallets and a contract-held reserve, supporting controlled distribution and potential community initiatives.

This smart contract integrates advanced features likeBelow is a plain English explanation of what the provided smart contract for "ETHPH" does, covering its various components and functionalities:

Overview

This smart contract is for the creation and management of a cryptocurrency token named "ETHPH" on the Ethereum blockchain. It is designed to be both environmentally friendly and community-focused, leveraging solar power for its operations. The contract includes functionalities for token minting, controlled distribution, and purchasing tokens using either Ethereum (ETH) or Tether (USDT).

Key Components and Functions

Imports and Initial Setup:

  • The contract uses libraries from OpenZeppelin for standard token functionality (ERC20), advanced features like permit approvals (ERC20Permit), and ownership management (Ownable).

  • It integrates Chainlink price oracles to get real-time prices for ETH and USDT.

Token Details and Initial Distribution:

  • Token Name and Symbol: The token is called "ETHPH" with the symbol "ETHPH".

Initial Supply: 10 million ETHPH tokens are initially created.

  • Distribution: The initial supply is allocated among founder wallets and the contract itself for future releases.

Controlled Token Release:

  • Monthly Release: The contract allows minting of up to 1 million tokens every 30 days until the total supply reaches 100 million tokens.

  • Founder Wallets: Tokens are distributed between two founder wallets and a specified wallet address each month.

Buying Tokens:

  • With ETH: Users can buy tokens by sending ETH. The contract calculates the token cost based on the latest ETH price from Chainlink.

  • With USDT: Users can also buy tokens using USDT. The contract calculates the cost based on the latest USDT price from Chainlink.

Price Calculation:

The contract uses Chainlink price feeds to fetch the latest ETH and USDT prices, ensuring the token prices are accurate and up to date.

Release Management:

  • Scheduled Releases: Tokens are released in a controlled manner every 30 days.

  • Next Release Time: Functions are provided to check the last and next scheduled token release times.

Applications

Integrates with website applications, programs and any conceivable technical framework by utilizing endpoints or parameters to display user functionality to make any digital payments system feasible. This can include QR codes or any further adaptive technology.

Peer to Peer Network

Designed to be used by a peer to peer network or community with characteristics whereby the value is determined by it's constituents and builders of the ecosystem and surrounding environments.

Transaction Validity

Uses real time transaction verification and immutable ledger technology that rewards miners for maintaining the security of the network as well as penalizes majority currency holders, as the currency's main function is to send and receive payments, not to aggregate it as a form of an asset.

Please refer to our public staging and production environments on GitHub for all code being used across protocols and applications: https://github.com/currencyph/currencyph

Market Research

Cryptocurrency has an active search volume specifically in the Philippines between 10,000 and 100,000 people every month. There is a very strong demand with virtually no supply or recognizable product, service or company that can fulfill the interest of the enthusiasm in the region. There are a few exceptions like Coin.ph that have a market presence. We hope to be able to expand the vision of a democratized and widespread digital currencies that fulfills the promise of prosperity and shared abundance.

Furthermore, here are some ideas that can be made comparison between different countries around the world that have an interest in Bitcoin. The worlds leading peer to peer digital currency by sheer volume of users and usage.

Economics Of The Product

Upon the deployment of the smart contract on ERC 20, the technology, or base code will be immutable and will not be able to be changed indefinitely. For the security of our partners and business that accept the currency as a medium of exchange for their products and services, we decided the value will have a set value of 1 USDT per token that's directly interchangeable with Bitcoin and Ethereum right here on currency.ph. As our devised supply of there only ever being a maximum 100,000,000 ETHPH it's safe to say the value will only increase as users adopt our digital tokens and use them across our ecosystems willingly. Our goal is to make this process as simple and thoughtless as possible for users and that requires creative and innovative approaches to being able to integrate this technology to the lives even in the most disenfranchised areas.

This can be made secure by the founding wallets that are publicly available on the base code of ETHPH and can be exchanged with as balances, transactions, payments sent and received are also recorded and immutable thanks to the encryption technology that the blockchain provides. At any point in time, a business or user can exchange their ETHPH with Bitcoin and Ethereum as long as they have access to the internet through currency.ph.

Project Timeline Development

This section will include development information and various project scopes or ideas that accept ETHPH as a method of exchange. This will include actual in person businesses and the statistics of each of these currencies using market literacy and vital statistics (number of wallets, volume of transactions (24 hours, 7 days, 365 days, all time), current hash rate, number of transactions, explorer (block confirmations, transaction ids, wallet ids, etc).

  1. Building currency.ph to be user friendly, simple and clean user interface, functional and implements ease of use from a beginner standpoint.

  1. Creating transparency protocols like a proprietary blockchain explorer.

  2. Building wallet applications and mining applications. For online access, as well as OS compatible (android, IOS, PC, Mac, etc.)

  3. Publicly traded exchanges, and platforms.

  4. Recognized or worthy of mention business and companies that participate.

  5. The development of community focused businesses like call.com.ph and coconuts.com.ph that help serve local communities by enabling communications in disconnected geographical areas, and improving the economy through job opportunities, market presence.

  6. The adoption of cryptocurrencies and advancements in technology, embracing clean energy mining solutions with solar, the distribution of ASICS (application specific integrated circuit systems) and computers to improve the security of the cryptocurrency network.

  7. and many more very exciting things!

Image

Development Of The Holy Spirit Mining Farms In Western Visayas

Inspired by Aspen Creek Digital, a US bitcoin miner, has started operations at a 30 MW bitcoin data center powered by an 87 MW solar park in Texas. The project is the company’s second solar-powered bitcoin-mining center. For more information: https://www.pv-magazine.com/2022/11/01/operations-begin-at-87-mw-solar-powered-bitcoin-mining-center/#:~:text=Share-,Aspen%20Creek%20Digital%20Corp.,performance%20computers%20to%20mine%20cryptocurrency.

With ambitions to spearhead the cryptocurrency mining industry in Asia, and with the success of the development of our digital currencies, currency.ph can secure land in the province of Western Visayas located in the Philippines and develop a similar infrastructure to the largest solar mining farm in the world. With this ambitious project the token holders of ETHPH will be rewarded financially with the revenues generated fro mining cryptocurrencies that we can then distribute to directly to the majority holders. These are percentage based distributions that are updated real time across our website and surrounding environment thanks to our transparency protocols and endpoint technology,

This will require a capital investment for the purchase of land and equipment for solar powered (clean energy solutions) that can be used to power computers as well as provide energy to inhabitants of the island. Currency.ph is working on creating a public leaderboards that can be accessed on our website to display the majority token holders and their percentage of holdings for these virtual currencies. We believe in the procurement of interactive fun and excitement.

Currency.ph is designed to support economic based businesses and projects. The currency is designed to accelerate ecosystems and communities in the Philippines that are dealing with extreme poverty. The design of the currencies are lead by a team of legacy proponents of Bitcoin and the cryptocurrency industry with roots that stems all the way back to 2009. Around the same time of the date and release of the original Bitcoin whitepaper. We've made iterations and changes of the base code that were implemented on Bitcoin.org that remove transaction fees, as well as change the protocol for mining rewards by deducting from the top wallet holder(s) across the participants of our token (ETHPH) to encourage spending. These are the core principles we've incorporated into these tokens as it solves for the purpose of a currency without jeopardizing the security of the network.

Our mission is to innovate across being able to send and receive payments securely from anywhere in the world and create valuable use cases for a digital currency by pioneering economics through cryptocurrency. By accepting and using our digital currencies for your business, products or services, you are helping accelerate the positive change we can make across the industry.

As this project is by design to be decentralized, there is no central authority or governance structure aside from the active and willing participants that use the currency, along with our products and services. The sole reluctance and success of the currency will be determined by it's constituents. We encourage transparency and sharing across all stages of development for projects.

Businesses that are planning to accept ETHPH include:

1. Currency.ph - A digital currency or cryptocurrency decentralized community in Asia.

2. PhilippinesBrands.com - A national warehousing, wholesaling and online delivery service.

3. PhilippinesBirds.com - Preservation of art and history of Philippines culture through heritage and traditional breeding of live stock.

4. Coconuts Company - Production and manufacturing of coconut based products (under development).

5. Decentralized Mobile - A competitive mobile phone company in the Philippines (under development).
6. - Decentralized Data - The first ever nationwide directory providing street addresses to home owners. Our goal is to create a geographical directory and offer users services that can provide helpful logistics and safe and sound mailing opportunity to users.

Currency.ph is an opportunity for geographically restricted areas like the Philippines to adopt and embrace technology, financial markets and economics. By developing our products, we are able to educate and proliferate a message of providing rural and disconnected peoples the opportunities that information technology and connectivity the internet provides. By supporting this project by simply holding our cryptocurrencies (ETHPH) we can promote an improved quality of life for even the most disadvantaged peoples in these areas.

Incentivized Participation
As cryptocurrency has become to develop into an ecosystem of it's own, with market prices that have been correlated to plausible exchangeable value of goods and services, and that is used for commerce, and remittance payments each day, our open source protocol invites users to be paid in cryptocurrency on a percentage basis, based on the numbers of tokens held in a wallet to the total circulating supply. We've applied our efforts in being able to provide transparency as well as endpoint technology for developers and other projects to adopt to display these network statistics in real time to help encourage participation.

Image

CURRENT(C) by currency.ph

We've built our own unique market tool called CURRENT(C) to help us and provide users with accurate market data for all things digital tokens, decentralized finance and cryptocurrency. We'll be integrating our software, systems and programs across our applications and surrounding supporting ecosystems. This includes real time prices, transactional volume, ledger history, number of users that use ETHPH and more. We wanted to be able to create engaging and interactive systems for users to learn from, enjoy with and take advantage of entirely for free.

Image

Trade ETHPH

Currency.ph has developed an online digital token exchange service with cryptocurrency trading pairs so that users can exchange their tokens with ETHPH and vice versa. Users only need their Ethereum wallet address to receive tokens and be able to send to other cryptocurrency users.

Where Can You Trade Virtual Currencies For Real World Products and Services

Philippines Brands

philippinesbrands.com

Philippines Birds
philippinesbirds.com

Call Mobile Network

call.com.ph

Street Address Registration

Address.ph

Coconuts
coconuts.com.ph

Silayushi Japanese Restaurant
silayushi.com

Community Notes

2024-06-19: June 22, 2024 - CRITICAL ERROR. Security Breach, but not really...

There's been an issue that was brought up by the community whereby the contract could not be verified that would have caused significant issues with listings on DEXs, CEXs and other platforms. Thereby we needed to redeploy ETHPH to resolve this issue. Fortunately this happened at a time during the development phase and no users were affected.

The contract ID is now the following: 0x3fa755a4843a6a0cde45809396009987f0f71216

2024-06-19: June 19, 2024 - New Recruitment and Team Development Promotion Created

As of June 19, 2024 we are hoping to expand our foundation across different roles of employment and help build some of the elements needed to create a successful community and overall project.

This video is called "Help Build Value in a Digital Future with Currency.ph"
https://www.youtube.com/watch?v=wioDpOPqju4

2024-06-19: June 19, 2024 - Social Media Handles Secured

Today was a big win for us, we were able to secure varying social media handles to create a better and more secure ecosystem around our products and services. They can be found on:

2024-06-19: June 19, 2024 - Listings Rejected

Ethereum Philippines or ETHPH were rejected from multiple listing requests due to not having a large enough community. The response we received is that we also lacked adequate integrations across several public platforms or exchanges. We will be resubmitting for approvals in the nearby future. For now, our key sentiment is to continue building.

2024-06-15: June 16, 2024 YouTube Videos Made Available For The General Public

You can now view some of the media with potential opportunities in the Philippines with the advancement of ETHPH:

1. Gamechanger:
https://www.youtube.com/watch?v=cHDPsbLv5vI

2. 100m (ETHPH):
https://www.youtube.com/watch?v=Vx4uC6YeUYo

3. The Holy Spirit Cryptocurrency Mining Farms:
https://www.youtube.com/watch?v=JyTmf23zxWA

4. Coconuts Manufacturing and Processing:
https://www.youtube.com/watch?v=HRFr0-GXQtQ&t=85s

2024-06-15: June 15, 2024 CoinMarketCap Listing

Similarly with our CoinGecko listing we've requested to add our listing to CoinMarketCap.com with true high hopes and ambitions of transparency and contributions to the cryptocurrency community and vice versa.

Confirmation notification:
Your request was successfully submitted.

2024-06-15: June 15, 2024 CoinGecko Listing

We submitted our listing to Coin Gecko and await their response. This is a huge leap forward and getting approval would further authenticate the legitimacy of our project and thus only improve the liquidity available for ETHPH and improve market prices. With more promising and exciting news in the future, we seem to be on the right track. For now...

Their automated response is shown as follows:

"Thank you for your submission - The Geckos will strive to review this soonest possible! Typically, you may expect a 10 - 20 working day time turnaround for your submission. For submission status, you may check via our Request Submission List Status page. Please note that we do not provide direct responses on submissions status. Should you require more information, please feel free to check out our Help Center."

2024-06-07: June 6, 2024 - ETHPH Is Born! Our Smart Contract Is Officially Launched On The Basechain Mainnet

After extensive research and development we finally were able to deploy the ETHPH or Ethereum Philippines on the basechain public blockchain. You are able to review our smart contract here: https://basescan.org/token/0xd5e2b32dcd5a83a28f7bd22b112994b3cbec368a

We are very excited moving forward with this project with considerations being made for a high probability of committed and ongoing development. Through sheer will and determination, the projects we intend on developing alongside with a support community, integrated ecosystems and user adoption, we really see currency.ph having a massive economic and societal impact that can uplift and transform the lives of countless people. These are very exciting and daunting times. God bless.

Join us on Telegram: https://t.me/currencyph

Discord Invitation: https://discord.gg/gRqFZYEVtd

Discord

Join Our Discord Channel:
https://discord.gg/gRqFZYEVtd

We're thrilled to have you join our ever-growing community at Currency.ph. Whether you're a crypto enthusiast, a blockchain expert, or simply curious about the exciting world of digital currency, you've come to the right place.

Here's what you can look forward to:

🚀 Stay Updated with the Latest News: Keep your finger on the pulse with breaking news and updates from the world of cryptocurrency and blockchain technology. We bring you the most relevant and up-to-date information right here in our community.

🔍 Project Development Insights: Gain exclusive insights into the development of our projects. From groundbreaking new features to behind-the-scenes updates, you'll be the first to know about what's happening.

🔐 Open Transparency Protocols: We believe in full transparency. Explore our open protocols and get involved in discussions about our processes, ensuring that you're always informed and empowered.

💬 Engage with the Community: Join conversations with like-minded individuals who are passionate about the future of digital currency. Share your thoughts, hear what others have to say, and make connections that will enhance your journey in the crypto world.

📝 Make Suggestions and Contribute: Your voice matters! We value your feedback and ideas. Contribute to our projects, make suggestions, and help shape the future:

https://discord.gg/gRqFZYEVtd

Currency.ph is a platform designed to provide information, tools, and community support for individuals interested in cryptocurrency and blockchain technology. The content and services offered through our website and associated platforms, including but not limited to Discord, social media channels, and newsletters, are intended for informational purposes only. By using Currency.ph, you agree to the following disclaimer:

Not Financial Advice

The content provided by Currency.ph, including but not limited to articles, posts, discussions, and any other forms of communication, is not intended to constitute financial, investment, or legal advice. All information shared is for educational and informational purposes only. You should consult with a qualified financial advisor or conduct your own research before making any financial decisions or investments.

No Guarantees of Accuracy

While we strive to ensure that the information provided on Currency.ph is accurate and up-to-date, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of any information, products, services, or related graphics contained on our platform for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Risk of Investment

Cryptocurrency and blockchain investments involve a high degree of risk and are not suitable for all investors. The value of digital currencies can be extremely volatile and unpredictable, and you may lose a substantial amount or all of your investment. It is crucial to understand the risks associated with investing in cryptocurrencies, including potential loss of capital, market risks, regulatory risks, and technological risks.

No Endorsement

Currency.ph does not endorse, guarantee, or recommend any specific investments, digital assets, projects, or services. Any mention of a particular company, product, or service on our platform does not constitute an endorsement or recommendation by Currency.ph. Users are encouraged to perform their own due diligence and consult with qualified professionals before making any financial decisions.

No Liability for Loss

Currency.ph contributors, and affiliates will not be held liable for any losses or damages, including without limitation, indirect or consequential losses or damages, or any loss or damage whatsoever arising from loss of data or profits arising out of or in connection with the use of our platform. This includes but is not limited to losses resulting from reliance on the information provided, market fluctuations, or technical failures.

No Legal or Tax Advice

The information provided on Currency.ph should not be considered legal or tax advice. Cryptocurrency regulations and tax laws are complex and vary significantly

by jurisdiction. You should seek independent legal and tax advice from qualified professionals regarding your own situation and compliance with applicable laws.

Third-Party Content and Links

Currency.ph may include links to third-party websites or services that are not controlled or operated by us. We are not responsible for the content, privacy policies, or practices of any third-party websites or services. The inclusion of any link does not imply endorsement by Currency.ph of the third-party website or service.

Changes to Disclaimer

Currency.ph reserves the right to modify this disclaimer at any time without prior notice. It is your responsibility to review this disclaimer periodically for updates or changes. Continued use of the Currency.ph platform after any changes constitutes your acceptance of the revised disclaimer.

Contact Information

If you have any questions or concerns about this financial disclaimer, please contact us at: [email protected]


Currency.ph aims to foster a safe and informed community for cryptocurrency enthusiasts. Always remember to conduct your own research and consult with professionals before making any financial decisions.

Disclaimer:

The depictions and media presented in this material may be fictitious. Any resemblance to actual events, entities, or persons, living or dead, is purely coincidental. The development, implementation, and availability of the concepts, products, or services depicted are contingent upon various economic factors and constraints. Therefore, there is no guarantee that these will be realized or made available in the future. The feasibility and practicality of these depictions depend on numerous factors that may or may not align with current or future economic conditions

Currency.ph

Financial Advice Disclaimer

The Site does not provide tax, legal, or investment advice. Nothing on the Site constitutes professional and/or financial advice, nor does any information on the Site constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You should not rely on the information provided as a substitute for professional advice, including but not limited to financial, investment, tax, or legal advice. Always seek the advice of a qualified financial advisor or other professional with any questions you may have regarding your personal finances or investments.

Copyright. All rights reserved