CloudCoin Finance (CCFI) is a cutting-edge, cross-chain and multi-chain decentralized finance platform, market maker, trader, and liquidity provider, underpinned by a decentralized autonomous organization (DAO) and powered by the CCFI token.
Utility of the CCFI Token
The CCFI token serves as the native utility token and is used for a variety of purposes. It is incorporated into CloudCoin Finance's own payment system, which can be integrated into any website. Additionally, token holders can run validator nodes on the network by staking their CCFI tokens.
The token is also central to several strong business cases for the project, including Internet of Things (IoT), artificial intelligence (AI), and green energy solutions powered by Hydrogen. Lastly, the CCFI tokens are used for governance voting, determining the allocation of network resources.
Key Features of CloudCoin Finance
The platform offers a wide range of features. These include governance tools, a launchpad, staking, liquidity provision, farming, and a marketplace for non-fungible tokens (NFTs). Furthermore, the platform provides bridges to over 18 blockchains, allowing tokens to be swapped with very low fees between networks. The platform also has its own apps: the RaidaPay App and the CCFI Launchpad App.
Token Supply and Circulation
CloudCoin Finance launched its main net on August 1, 2021, minting 1,428,160,512 CCFI tokens at Genesis. This supply is fixed and will not be increased, ensuring the scarcity of the tokens. Moreover, there are no transaction fees, and there are plans for token burning in place.
Team and Founders
The project is backed by a team of 10 tech and non-tech professionals based in Germany, The Netherlands, United Arab Emirates, and Romania.
Where to Buy CCFI Tokens?
CCFI tokens are currently available for trading on a growing number of exchanges, with cryptocurrency and USDT pairs available.
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