Lamb of God's Randy Blythe and Devildriver frontman Dez Fafara launch civic-minded cryptocurrency
Among metal music's most forward-thinking, dynamically-diversified artists, Lamb of God frontman Randy Blythe along with longtime friend and contemporary Dez Fafara of Devildriver have partnered to change the landscape of cryptocurrency.
The duo, whom already have existing mutual business ventures including their surf/skate apparel line in SUNCULT, have again linked to launch a charity-minded cryptocurrency dubbed, Chakra Coin.
Chakra Coin is a decentralized, deflationary meme token. Existing in a similar space with other cryptocurrency options like Shiba Inu, Safemoon, Chakra Coin touts profitable yield generating DeFi and safe store-of-value, a gas-free cryptocurrency free from friction and borders.
In addition to it's environmentally-conscious stance, Chakra Coin was developed with the intention of better leveling a fairer economic standard of living as a fully community-owned token. The deflationary token emphasizes passive income generation, furthermore, Chakra Coin has pledged to donate a portion of profits to various causes, implementing a course of action, establishing an example to nurture the greater cryptocurrency community to do the same.
“The potential of blockchain technology, including DeFi and cryptocurrencies, to create a more equitable system of wealth distribution is extremely intriguing to me,” shared Blythe. “It is my hope that being involved on the ground floor with a cryptocurrency community that holds a charitable component as one of its core tenants will be one small step towards creating a fairer, more altruistic economic system for everyone.”
“I’m a believer in Chakra Coin,” explains Fafara. “We started this venture to create a community of giving back and paying it forward. I will donate partial proceeds to multiple charity organizations. I hope that everyone who participates in Chakra Coin will do the same, creating a better world and a more cohesive existence for everyone involved.”