Catcoin: Celebrating Two Years of Furry Success in Crypto World
- Catcoin: A Community-Driven Crypto Project
- Awards and Recognition
- Powered by the People: Community Control
- Team and Security
- Charitable Ventures and Tokenomics
- Additional Features
- Innovation and Future Plans
Catcoin: A Community-Driven Crypto Project
Catcoin, a project inspired by Satoshi Nakamoto's fictional cat Miaoshi Nekomoto, was launched on November 26, 2021. Following two years of innovation, development, and growth, the project is now progressing towards new advancements. When the original initiative fell through, it was the cat-loving community that rallied and revived it.
Awards and Recognition
The project has established a unique brand identity, symbolized by a cat named Hoshi. In recognition of its community-driven efforts, Catcoin was awarded the World's Best Community Driven Coin award at the Crypto Expo Asia in 2022. Currently, Catcoin can be traded on exchanges such as BitForex, LBank, and CoinTiger.
Powered by the People: Community Control
In an unusual move, Catcoin has renounced its contract, handing full control over all decisions to the community. Decisions regarding the use of the marketing wallet for project expenses must be approved through a multi-signature wallet supervised by fully identified team members.
Team and Security
The Catcoin core team comprises volunteers specializing in diverse fields, including graphic design, administration, branding, and marketing. The security of the project has been strengthened with the launch of the V2 contract on April 21, 2022. This security is backed by top-rated CertiK audits and an additional audit by SolidProof.
Charitable Ventures and Tokenomics
The Catcoin team actively participates in charities, aiding homeless cats in Spain via partnership with Catland Javea in the Caring Cats Charity. They also contribute internationally through the Cats Fight Hunger movement. The native token for this project, $CATS, is available on several exchanges, such as BitForex and DappRadar$0.0070 2.16%. Presently, the project has 987.56 trillion tokens in circulation, with a market cap of $773,680.
Additional Features
Among the other impressive features of Catcoin is a staking feature with a 10% Annual Percentage Yield (APY). Sold-out Non-Fungible Tokens (NFT) collections add another 4% APY when staked. A lottery system for BNB$312 -5.65% holders and a Decentralized Autonomous Organization (DAO) voting system are further highlights of the project.
Innovation and Future Plans
Catcoin has established an AI department, Cat Labs, to offer services on X and Telegram. To help increase the value of the asset, the team has initiated a burn mechanism that continually removes tokens from circulation. The community's resilience has turned Catcoin into a leading cat-themed cryptocurrency, even during bear markets. Future plans include launching games on its platform, establishing an Ethereum$2,315 -2.42% (ETH) bridge, developing a mobile application, and creating a crypto debit card.
For more information about Catcoin, individuals can visit their website, read their whitepaper, view their contract, inquire about staking, or follow them on social media.
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