SAN FRANCISCO, CA / ACCESSWIRE / May 27, 2021 / Constellation Network, in collaboration with the Stardust Collective, has announced that the latest release of the Stargazer Wallet, a cross-chain functional wallet for the future of an interconnected blockchain ecosystem, is now available in the Google Chromestore. Stargazer Wallet v1.3.1 features the ability to get $DAG, the native token of Constellation's Hypergraph Network, in exchange for making a charitable donation with a debit or credit card via integration with Givebox. The social impact-driven, financial technology company, which combines payment processing with fundraising tools, serves as an onramp for card payment processing in the Stargazer Wallet, with a percentage of those processing fees going directly to nonprofits working with Givebox. Now, not only is getting $DAG faster, simpler, and more convenient, it's making the world a better place at the same time.
"This partnership between Givebox and Constellation, which seamlessly blends classic payments & banking with modern blockchain technology, will transform the financial industry for small merchants and nonprofits. The advanced technology that we plan to provide to nonprofits would not be made possible without the "no gas fee" structure that ensures more money reaches charities." says Joshua Rowley, Givebox CEO. "We are thrilled to have a role in such a historic undertaking, which will elevate countless charitable endeavors at a time when our communities desperately need them."
Constellation, a Top 300 decentralized ecosystem, cryptocurrency, and developer platform, will also be directly donating to the Stardust Foundation. Stardust Foundation is a nonprofit entity focused on supporting local communities dedicated to improving economic conditions through social and environmental impact. This foundation, formed by Constellation Network and Stardust Collective, gifts back an equal amount of $DAG to those who donate fiat via debit or credit card in the Stargazer Wallet. $DAG a utility token cryptocurrency that secures throughput and bandwidth on the Hypergraph Network, operates similarly to centralized services where one pays to stream content over a content delivery network. Constellation has already donated $DAG to be sold, and in the next month the Stargazer Wallet will sell $DAG generated from a node on Constellation's decentralized mainnet and ecosystem called Hypergraph the Constellation Mainnet. In 2022, Constellation will highlight certain charities and invite their decentralized governance, Stardust Collective, and community to vote on where funds will be donated.
"This is a big leap in bridging cryptocurrency with nonprofits that are changing lives, impacting humanity, and improving environmental conditions around the globe," said Benjamin Jorgensen, Constellation CEO. He continued, "working with Givebox, a payment facilitator, ensures that merchant and donor data is secure while giving back to local communities. Our scalable protocol, HGTP, and ecosystem will now have an immediate positive impact on the world."
Amex, Visa/Mastercard, Discover and banking entities rely on Givebox Cyber Security that protects nonprofit and donor payment data from hackers and imposters. Using the latest innovative AI and machine learning technology, Givebox is protecting philanthropy, while Constellation continues to bridge existing industries with the advanced blockchain technology of the Constellation Hypergraph Ecosystem.
Givebox integration with Stargazer Wallet, which will later connect to Lattice Exchange in the same way that Metamask connects to Uniswap, is a key step in a seamless onboarding process for businesses to build on top of Constellation's Hypergraph Protocol. With the ability for customers to purchase any token in the Hypergraph Ecosystem and interact with real-world businesses building on the blockchain, the Constellation team is creating what is truly a blockchain for the people.
About Constellation Network
Constellation Network Inc, is a decentralized network and ecosystem that enables seamless and secure communications between big data infrastructure and interoperability between blockchains. Using their distributed network, called Hypergraph, Constellation enables fast, zero trust, scalable solutions for enterprises and the US federal government, to improve data integrity and data assurance. The company utilizes a decentralized directed acyclic graph (DAG) network, and mathematical proofs to organize the network for speed, security.
About Givebox
Givebox is the world's first DeFi banking platform providing merchant processing and Credit Lines for the millions of nonprofits that have been denied Financial Aid.Givebox offers donors the opportunity to give directly to the nonprofit, eliminating the fundraising-platform middleman, and the subscription fees that come along with it. With Givebox, each nonprofit is set up with their very own merchant processing account, ensuring fees stay low and money is available instantly, empowering nonprofits to devote more funds directly to their missions.
CONTACT:
Dan Edelstein
PR@marketacross.com
SOURCE: Constellation
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