Crazy Internet Coin is the native token for CIC Chain, a revolutionary hybrid layer 1 blockchain that is designed with speed, affordability, scalability, and upgradeability at its core. The coin functions as both a governance and utility token for the CIC Chain, which is widely recognized as the most advanced smart contract platform globally due its unmatched versatility.
CICLabs: The Vision and Ambition
Behind the CIC Chain is the innovative CICLabs, which has massive ambitions to instigate the widespread adoption of blockchain technology. Their approach involves systematically revolutionizing diverse industries while simultaneously educating the public about blockchain. The team is committed to making the platform as user-friendly as possible by removing unnecessary technical jargon, thereby paving the way for the next generation of blockchain enthusiasts. The CIC Chain was developed with inclusivity in mind, and Crazy Internet Coin supports a strong and pragmatic strategy to realize their objectives.
CIC Supply and Strategy
Currently, the majority of the CIC supply is securely locked in cold storage. However, in Q4 of 2022, CIC Chain plans to launch its governance DAO (Decentralized Autonomous Organization). This move is aimed at truly decentralizing the chain's governance at the address level. With this development, users will be able to stake their CIC, earn rewards, and have a say in the project's management. The introduction of this DAO helps eliminate the possibility of any harmful conduct from the team and empowers the community to actively participate in the project's growth.
The Future of CIC Chain
With its intelligent smart contract platform and a dedication to ease of use and inclusivity, the CIC Chain and its native coin, the Crazy Internet Coin, are set to play a crucial role in fostering the mass adoption of blockchain technology. Through its planned launch of a governance DAO and user-centric approach, CIC Chain offers an exciting and promising future in the blockchain world.
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