What Is ADACash (ADACASH)?
ADACash is the native cryptocurrency of the Cashverse platform. The platform supports two kinds of tokens, ADACash and SOLCash. The ADACash token works on the Binance Smart Chain. The platform provides a way for passive income to everyone holding the ADACash token with them. According to its website, the platform offers multiple ways for users to start their passive income. The token of the platform seeks to make the user earn just by holding the coin. Ten percent of the said transaction is distributed between all the holders every sixty minutes on each such transaction.
The current market is full of scammers and rug pull coins. The market also includes false coins. Thus, the platform strives to be transparent to put forth projects with integrity and utility. The project aims to provide various products to offer cryptocurrency trading information and research. The platform claims that it has created several long-term investment tokens and not that of pump and dump projects. The platform aims to create a community and a utility token for a better future.
Cashverse claims that it provides more than the users’ local bank. Moreover, the platform offers multiple income ways to generate passive income. One of the ways is that a user holds at least one of the platform’s tokens in their wallet, and the person seeks to get rewarded with the reflection token automatically. Reflection tokens are the crypto-assets that rewards holders by adding new cryptocurrency to their wallet. Reflection tokens are often called reward tokens.
Another way is that a user can play the non-fungible token (NFT) game Cashemon to earn a reward. The game is currently in development but includes plenty of ways in which a user can make incentives. Further, a user can also stake their token and earn a reward. A user is eligible to earn three tokens for staking one coin.
History of ADACash (ADACASH):
The ADACash token got launched on December 12, 2021. The platform started its staking program in the first quarter of 2022. The core team member behind the platform includes Daniel (CEO and CTO), Zach Horn (VP and marketing manager), Brian and Derek (RL marketing), David (Reddit manager), and Jason (social media manager). The total supply of ADACash is 1,000,000,000 coins.