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About Catoshi DAO

Catoshi Nakamoto is a platform providing cryptocurrency bridging solutions to enable assets to be traded on blockchains other than their native chains. To effectively implement decentralization and blockchain in daily activities, it is imperative that crypto assets easily interact with each other, enabling an easy flow of information and seamless transactions. This is made possible by interoperable blockchain systems. While some networks provide this service, smaller cryptocurrencies, particularly meme tokens, are sometimes left out, restricting their utility. Meme tokensare based on internet jokes (memes) on recent events and are often endorsed by influencers. Catoshi aims to bridge the technological divide, allowing platforms to communicate with other thriving networks and expand their utility. The idea is to make crypto accessible to the general public.

According to the whitepaper, to provide interlinking of blockchains, Catoshi offers the following solutions:

The native token of the platform is CATS across all chains, except for Binance Smart Chain, where the ticker is CZATS as a fun nod to the founder of the chain CZ. Users can purchase Catoshi's products using CATS or CZATS. All CATS collected are placed into a pool to be staked by holders. Users can also farm CATS tokens for yields. CATS also function as a governance token, allowing the community of CATS holders to function as the first members of the Catoshi DAO, the keepers of the Crossing. The keepers plan to vote on the following items at first:

The Catoshi team comprises members holding roles across strategy, product, development, marketing, and communications. Josha is project lead, and Kayz is the project co-lead. The updated version of the whitepaper was released in January 2022. The maximum supply of CATS is capped at 11 million across all chains.

Market

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Portugal News about Catoshi DAO

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MicroStrategy Unveils Plan for Bitcoin-Based Decentralized Identity Using Ordinals

MicroStrategy has already built one application using its service. "Orange For Outlook" integrates digital signatures into emails to enable recipients to verify the identity of the sender.

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Decrypt • May 02, 24

Ethereum Blogging Protocol Mirror Embraces Farcaster in Social Media Pivot

Mirror's team is now building a Farcaster-based social app called Kiosk, while Paragraph will take over Mirror. Collectively, they've raised $15 million.

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Blockworks • May 02, 24

Fintech has hit a wall. Blockchain will break through it.

Relatively soon, blockchain will become the only part of fintech that matters.

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BeInCrypto • May 02, 24

Long-Awaited DeFi Exchange Infinex Reveals Launch Date

Infinex, set to launch on May 13, merges Web2 and Web3, aiming to simplify DeFi trading and attract a broad user base with a robust security system.The post Long-Awaited DeFi Exchange Infinex Reveals Launch Date  appeared first on BeInCrypto.

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Catoshi DAO is on the rise this week.

The price of Catoshi DAO has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Catoshi DAO’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of Catoshi DAO?

We update our Catoshi DAO to EUR currency in real-time. Get the live price of Catoshi DAO on Coinbase.

What other assets are similar to Catoshi DAO?

Assets that have a similar market cap to Catoshi DAO include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy Catoshi DAO on Coinbase?

Yes, Catoshi DAO is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Catoshi DAO guide.