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Nano Dogecoin

INDC

Price
$0.0000000006
11/29/2022, 6:43:39 PM
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Nano Dogecoin price is unchanged in the past week.

The current price is $0.00 per INDC. The new price represents a new all time high of $0.00.

About

What Is Nano Dogecoin (INDC)?

Nano Dogecoin (INDC) is a blockchain platform to serve animal welfare and allows users to earn passive crypto income simultaneously. The platform seeks to improve animal welfare worldwide by creating a Nano Dogecoin token to give potential users complete control over the community’s future. Through a redistribution tokenomics mechanism, the community seeks to repay contributors with crypto dividends.

According to the whitepaper, the community proposes to support small animal welfare charities to make a real impact. By focusing on small-scale charities, the platform believes in an efficient disbursement of funds to make an actual difference in canine welfare. This exposure seeks to help the community achieve its goals instead of running a large organization.

Notably, the Nano Dogecoin platform migrated to a new contract, i.e., from NDC to INDC, in September 2021. This migration was intended to reduce total liquidity in the project to attract new participants while also pushing progress towards a better market value. Ultimately, the project seeks to provide more significant benefits to the contributors and community in the long run.

Further, the Nano Dogecoin platform is built on the Binance Smart Chain (BSC) network, an independent blockchain solution. One of the goals that the project aims to achieve is to make the Nano Doge token cater to both crypto-savvy users and beginners alike. Accordingly, the platform promotes a reward generation scheme for the users to contribute. Generating passive earnings is simply the capacity to accumulate income that does not require constant monitoring.

With the ticker INDC, Nano Dogecoin aspires to reward its holders with real-world rewards such as Tether (USDT), a stablecoin, for preserving the token in their wallet. Moreover, the platform seeks to offer a variety of other offerings if the holder wants to diversify their passive earning options through staking, liquidity pools, and farming.

Furthermore, the project’s tokenomics aims to reward holders; the team believes it is a sustainable alternative for traders who prefer to retain INDC in their portfolio for the long term. According to the platform’s tokenomics, 15% of all transactions run through Nano Dogecoin are utilized to “farm” the Tether stablecoin. This portion of the transaction is proportionately redistributed to the holders. Further, the platform proposes to use 4% of each transaction for marketing purposes and contributes to the liquidity pools. An addition to the liquidity pool intends to provide the project more support to help it achieve its long-term aim of being the finest crypto project.

History of Nano Dogecoin (INDC)

A team of ten anonymous members jointly manages the Nano Dogecoin community.

HowAreNew INDCTokensCreated/Staked?

According to the platform’s website, the project intends to offer various staking alternatives through its crypto staking dashboard portal. The dashboard aims to make staking simple and introduce the concept to first-time potential stakers. The platform employs the proof-of-stake (PoS) model, which is less energy-intensive. By decreasing the requirement for mining equipment to provide security and authenticate transactions on the chain, the PoS protocol uses less energy than the proof-of-work (PoW) version.

To receive rewards, the user-friendly dashboard provides a dual staking option. The dual staking option allows token holders to earn Tether (USDT) as rewards for staked INDC tokens while also generating additional INDC. Further, as the Tether compounds over time, holders receive greater rewards. Nano Dogecoin mentions it as a novel method of staking, which provides more return for the token holders. Further development in the platform intends to allow INDC holders to stake and earn rewards in other cryptocurrencies as well.

In addition, the platform allows INDC holders to earn USDT through ReferX, a referral program in crypto that lets the holders share a unique referral code to earn passive rewards in Tether stablecoin.

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Last update: 6:43 PM

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FAQ

What is the current price of Nano Dogecoin?

The price of 1 Nano Dogecoin currently costs $0.0000000006.

What other assets are similar to Nano Dogecoin?

Assets that have a similar market cap to Nano Dogecoin include Ethereum 2, Ethereum, Tether, and many others. To see a full list, see our comparable market cap assets.