Nano Dogecoin (INDC) is a blockchain platform to serve animal welfare and allows users to earn passive crypto income simultaneously. The platform seeks to improve animal welfare worldwide by creating a Nano Dogecoin token to give potential users complete control over the community’s future. Through a redistribution tokenomics mechanism, the community seeks to repay contributors with crypto dividends.
According to the whitepaper, the community proposes to support small animal welfare charities to make a real impact. By focusing on small-scale charities, the platform believes in an efficient disbursement of funds to make an actual difference in canine welfare. This exposure seeks to help the community achieve its goals instead of running a large organization.
Notably, the Nano Dogecoin platform migrated to a new contract, i.e., from NDC to INDC, in September 2021. This migration was intended to reduce total liquidity in the project to attract new participants while also pushing progress towards a better market value. Ultimately, the project seeks to provide more significant benefits to the contributors and community in the long run.
Further, the Nano Dogecoin platform is built on the Binance Smart Chain (BSC) network, an independent blockchain solution. One of the goals that the project aims to achieve is to make the Nano Doge token cater to both crypto-savvy users and beginners alike. Accordingly, the platform promotes a reward generation scheme for the users to contribute. Generating passive earnings is simply the capacity to accumulate income that does not require constant monitoring.
With the ticker INDC, Nano Dogecoin aspires to reward its holders with real-world rewards such as Tether (USDT), a stablecoin, for preserving the token in their wallet. Moreover, the platform seeks to offer a variety of other offerings if the holder wants to diversify their passive earning options through staking, liquidity pools, and farming.
Furthermore, the project’s tokenomics aims to reward holders; the team believes it is a sustainable alternative for traders who prefer to retain INDC in their portfolio for the long term. According to the platform’s tokenomics, 15% of all transactions run through Nano Dogecoin are utilized to “farm” the Tether stablecoin. This portion of the transaction is proportionately redistributed to the holders. Further, the platform proposes to use 4% of each transaction for marketing purposes and contributes to the liquidity pools. An addition to the liquidity pool intends to provide the project more support to help it achieve its long-term aim of being the finest crypto project.