What Is CAT Token (CAT)?
CAT Token (CAT) is a meme token that aims to save cats from harsh treatments by the general public. Meme tokens are cryptocurrencies that are inspired by memes and jokes. Cat Token aims to achieve the objective by creating NFT trading cards of cats.
The team behind CAT token aims to send the profits generated from the Uniswap exchange to cat-saving organizations. According to the whitepaper, the CAT token provides the users with a digital way to enjoy collectibles through NFTs. Moreover, rewards and challenges for the collection of NFTs are also set.
CAT token is a community-driven ecosystem, whereby any community member can rise to be a community leader and take responsibility. The NFT holders and the CAT Token holders are provided with voting rights. CAT Token's team also aims to provide the token and NFT holders opportunities to decide about the community's activities and the fund dedicated to cat-saving charities.
CAT is an ERC-20-based token, and any wallet that supports the ERC-20 token standard can hold CAT tokens. The CAT Token whitepaper claims that the CAT tokens can be converted into spendable funds through exporting via exchanges to other assets with crypto debit cards and Paypal accounts, and many other ways.
The team aims to utilize the liquidated amount for charities, especially the cat and pet shelter charities. CAT aims to reward the long-term holders of the token who wish to possess ownership in a community that works for the welfare and conservation of cats.
History of CAT Token (CAT)
The maximum total supply of CAT is 11,000,000, which is split between airdrops, marketing, development team, and exchanges. The team members of CAT Token are referred to as Cats, and they are given anonymous names. Jerry Cat is the community leader of CAT Token.