CluCoin (CLU) is a decentralized cryptocurrency designed to help users earn rewards and charity to help the needy. According to its whitepaper, CluCoin aims to build a platform where users can socialize, build virtual worlds, and play free games while earning rewards. The platform hosts various events, gamification, non-fungible tokens (NFT) rewards, etc. for its community members. The platform also fosters education once a month to educate new cryptocurrency users about the space and highlight the updates to the traditional users. 

The platform uses a hyper-deflationary mechanism to incentivize token holders. The hyper-deflationary mechanism means removing coins from the circulating supply reducing the total supply on every transaction. The users also earn 5 percent of CLU tokens via auto-generating liquidity and a smart staking system where users hold the tokens and earn rewards. Liquidity means when an asset can convert itself into a real-world economy without affecting the asset's market price. Also, users automatically receive 5 percent CLU tokens in their wallets on every transaction they make on the platform. 

CLU is the native currency of the CluCoin platform. Users holding CLU tokens receive a portion of CLU when they make a transaction. Users can also claim additional perks and rewards when they hold tokens. CLU holders can participate in the play-to-earn gaming model to earn rewards, NFTs, and assets from CLU Vault. CLU Vault stores NFTs where users can sell, rent or earn NFT assets. Further, CLU decentralized autonomous organization (DAO) manages vault and community. The community members can submit proposals to the DAO to suggest changes in the budget distribution, trading of NFTs, and monthly votes for charity.

DNP3, the CEO of CluCoin, founded the platform on May 19, 2021. He gained popularity since 2018 for donations and huge giveaways through personal funds and in collaboration with companies to create a better life for the needy. 

The total supply of CluCoin (CLU) platform is 1,000,000,000,000,000 CLU. 

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