What is CatzCoin(CATZ)?

CatzCoin (CATZ) is the community coin created by cat lovers for other cat lovers.‌‌ According to its website, CatzCoin aims at building the largest cat community. Hence, the project is a fair launch with no pre-sale, external investor, and pre-mine. The platform claims their motto is "by the Catz, for the Catz." The Catzcoin platform seeks to help cats, starting with homeless cats and donating 5 percent of the total coin supply to charities that help homeless cats over the next thirty months. The network also claims that they have built the coin on the BSC network because sending transactions on BSC is more efficient and costs lesser gas fees. 

CATZ is the native token of the CatzCoin network. The network claims that this token offers various utilities to the token holders, such as: 

1. The token can be utilized to build an international Catz community (CatzNation). The CatzNation aims to be the global multilingual community joined by CatzFans who support one another. The CatzCoin promotes payments, interactions, and transfers among members of CatzNation.

2. Decentralized finance (DeFi) utilities: CATZ tokens can be staked to earn transaction fees and LP (Liquidity Pool) tokens. LP is a set of funds sealed in a smart contract. A liquidity pool promotes decentralized lending, trading, and other functions. LP tokens can then be utilized to farm $FISHZ, a new reward token, and NFTs, traded on CatzTrading in trade for other NFTs or $CATZ.

3. Partaking in CatzCharity to save homeless cats: CATZ holders have the right to vote where the donation of the cat charities should go.

4. Governance rights: The CATZ token holders have the right to vote on any critical issues as they arise, such as new product expansion, protocol changes, and fee structure updates. 

History of CatzCoin(CATZ)

The maximum supply of the CATZ token is one hundred billion CATZ. According to its website, the CatzCoin network has achieved several milestones. In May, the CatzCoin network ran CatzInfluencer collaborations and the CatzRewards program. In mid-May, the platform listed its token on various price-tracing websites for CatzNation expansion. It achieved 10,000+ followers on each of the major social media platforms. Later, the platform listed the token on centralized exchanges. The CatzCoin network has launched the Airdrop event and CatzNFT contest from May to June. Later, between June and October, the network launched CatzSwap, CatzTrading, CatzCharity, and CatzBurn.