Go Fun the Decentralized world with CATECOIN (Updated Tokenomics)

We’re all familiar with Memes.

Memes make the world go around, and fuels meme coin-rocketships to the moon.

But never has memes been able to further push utility and value in the DeFi world, until now.

Introducing the one and only DeFi meme platform, CATECOIN.

Anybody can create memes, but what if you get to profit from making the best memes around town? Catecoin aims to provide such a Decentralised App where holders can produce and vote for the best memes using Catecoin.

Plans for Catecoin: CONTENT FARMING and NFTs

Catecoin is not just looking to be the next Meme coin with no utility. It is currently designed that anybody who holds Catecoin can create memes through the Portal and viewers can eventually browse through memes and award their “liked” memes with CATE. Essentially, providing meme creators means to earn with their memes.

Via Content farming, tokens are given to content creator whose content is approved and receive a minimum 100 likes and 10 comments. Each like and comment by a new addresses will give 0.1 Coin to the user and 0.1 coin to creator.

The current plan is for All users who hold min 100k tokens can post and user with 10k CATE can like and comment. All approved memes will be eligible for NFT minting and rewards.

Catecoin App is currently already deployed and in BETA.

Native Token: CATE

A comparison to similar competition:

Supply Tokenomics has now been updated to 100 Trillion

CATE shall also feature the following:

  • Hold and Earn — All Catecoin holders will earn 1% of from all transactions made.
  • Scarcity — Catecoin supply will reduce by 1 % automatically with each transaction.
  • Exchange listing — 20% of Supply is sent to Top Exchanges like Binance, Kraken, Okex, Huobi and Kucoin.

CATE shall be looking to raise BUSD100,000.

Tokenomics [UPDAPTED]

Total Supply: 100,000,000,000,000 CATEs.

  • Marketing 10% — 10,000,000,000,000 CATE. To be vested and released to the 25% subsequently each month after Token Generation
  • Operation and Development 5% — 5,000,000,000,000 CATE. To be locked for one month and released by 10% subsequently each month after Token Generation
  • Team 5% — 5,000,000,000,000 CATE. To be locked for 3 months and released by 10% subsequently each month after Token Generation
  • Ecosystem 35% — 35,000,000,000,000 CATE. To be locked for 1 month and released by 25% subsequently each month after Token Generation
  • Exchange Liquidity 15% — 15,000,000,000,000 CATE.
  • OxBull Presale 30% — 30,000,000,000,000 CATE. 40% to be released on Token Generation. The remaining will be released by 1.5% daily from 17th May onwards for 40 days consecutively.

IDO Approach on Oxbull.Tech

CATE Presale price: BUSD 0.0000000033

CATE Listing price: BUSD 0.0000000045

Listing on the 9th May, 1600 UTC. Please take note that 40% will be released to investors after listing, whilst the remaining to be released by 1.5% daily from 17th May for 40 days consecutively.

Marketcap on the first day to only be approximately USD 65,250.

To find out more about how to participate in the IDO on the day itself, read here. Using the latest Smart Staking approach to Oxbull.Tech’s IDO model, Pre-sale would be categorized into 3 groups:

Tier-1: Guaranteed High Allocation

For a High allocation (Approximately 85% of the max capital being raised in general) and a Guaranteed participation of the IDO token, investors would be required to be:

  • Holding via Smart Stake 8,000 OXB tokens

OR

  • Holding via Smart Stake 4,000 OXB/BUSD LP

before 5th May 0000UTC. Please be reminded that ENABLING SMART STAKING is a must.

Qualified Investors will have a pre-allocated time of 9 hours on the 8th May 1600UTC to contribute to the pre-sale pool.

Min contribution: BUSD50, Max contribution: BUSD200

Each qualified address will only be eligible for ONE transaction.

Tier-2: Guaranteed Medium Allocation

For a Medium allocation (Approximately 10% of the max capital being raised in general) of the IDO tokens, Investors who are keen to participate would be required to be:

  • Holding via Smart Stake in between 1,000 OXB — 4,000 OXB 5 days before the IDO to be qualified. ENABLING SMART STAKING is a must.
  • For Investors who were late and missed the staking deadline, the Time lock farm shall still be available up until the day before the project launch(0000UTC), where Investors will still be allowed to participate in the IDO, subject to the staked OXB funds being locked for 7 days. Investors in the Time Lock farm will not earn APY.

Qualified Investors will have a pre-allocated time of 30 minutes to contribute to the pre-sale pool on the 9th May 2021 between 1400–1430 UTC.

Min contribution: TBA, Max contribution: TBA

Each qualified address will only be eligible for ONE transaction.

Tier-3: Whitelisting program

Whitelisting link: https://docs.google.com/forms/d/e/1FAIpQLSdFiWkbFwzf3weberYHvBcZNeVirJc1mVOCLeYBqGXcXaKK_Q/viewform

For a Small allocation of the IDO tokens, interested Investors will need to hold(Not Smart Stake) a minimum of 50 OXB in their wallet and complete a Whitelisting form and requirements by 9th May 0000UTC (1 day prior to the project launch) to stand a chance to qualify for the IDO. Whitelisting qualification generally increases the more active investors are on TG and Twitter.

The Pre-sale pool shall be opened to the public after the allocated time for Tier 1 and Tier 2 investors end. Contributions are on a first come first serve(FCFS) basis on the 9th May 2021 between 1430–1500 UTC.

Min contribution: TBA, Max contribution: TBA

Each qualified address will only be eligible for ONE transaction.

IMPORTANT NOTES: Qualification of Tier-1 and 2 will require ENABLING SMART STAKING. In the event where an Investor who has not enrolled in Smart Staking but has the required number of holdings SHALL NOT be eligible for the aforementioned tiers.

Holdings are required to be maintained adequately prior to project launch. Any dips below the required holding amount will DISQUALIFY the investor for the project being launched at the time.

Each qualified address will only be eligible for ONE transaction. Meaning if an address is qualified for tier 1, they will not be qualified for tier 2.

To learn more about the project, visit:

Disclaimer:

Our content is intended to be used as information and education purposes only. It is very essential to do your own research and analysis before doing any investment decision or otherwise. Do Your Own Research.

Oxbull.Tech shall not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damages and/or expenses and/or any losses you may suffer arising out of such information or any reliance you may place upon such information.

Any further arrangements between you and any third parties contacted via the Website/Affiliated links are at your sole risk.

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