What is Catoshi Nakamoto (CATS) | What is Catoshi Nakamoto token | What is CATS token
In this article, we’ll discuss information about the Catoshi Nakamoto project and CATS token
The day of the dog is ending, the cats can conquer the meme world once again.
Well, we have searched far and wide and found the cat of our BTC founding father! His name is Catoshi!
If you missed BTC back in 2010, Catoshi is giving you a second chance, with only 21 million tokens in total, snap them up cheap whilst you can.
Catoshi is a deflationary frictionless yield token, so just hold your CATS on your wallet and watch your balance grow.
Thirteen years after Satoshi Nakamoto forever changed our perception of digital currency with his seminal whitepaper, “Bitcoin: A Peer-to-Peer Electronic Cash System” , Catoshi Nakamoto is setting out to change the face of Decentralized Finance (DeFi) by opening the door for any cryptocurrency project to smoothly and effectively add high-value utility for token holders — proving, in the dawning age of MemeFi, that audacious DeFi projects can operate with the powerful backing of a proactive, high-impact “meme community.”
ECOSYSTEM
THE CROSSING
Game-changing utility and innovation will soon merge in Catoshi’s cross-chain bridge, The Crossing, which will allow $CATS tokens to be wrapped to the Binance Smart Chain (BSC) — enabling low-cost transfers while A) allowing staking and high-APY farming via our partners PADSwap, B) increasing token demand as supply is locked on BSC, and C) allowing those who use the Binance Smart Chain to purchase $CATS away from the Ethereum blockchain.
The Crossing will also provide a game-changing pathway for any other token (including memes!) to cross from Ethereum to BSC, or from BSC to Ethereum — dramatically altering the way Decentralized Finance operates by opening a host of new buyers and a range of new utility for any cryptocurrency project that wishes to take advantage. Through The Crossing, Catoshi will soon be making it simpler than ever for Ethereum-based projects to quickly, smoothly, and easily provide token holders with high-APY farming and staking through our close developmental partnership with the elite team at PADSwap.
But not only that(!) — Catoshi will soon be providing bridges to other chains as well, making it possible for any cryptocurrency token to dramatically expand both its territory and its utility, with a smoother delivery mechanism than has ever been seen before.
$CATS, The Catoshi Token:
With the implementation of The Crossing, $CATS will be split into two parts, with a shared set of functions:
Catoshi ERC20
The original Catoshi, CATS was launched on Ethereum with an initial supply of 21 million (designed to match the supply of BTC), with its own twist on the classic RFI code — rewriting the code from scratch to include a 6% tax (3% redistribution to holders, 2% burn, and 1% to a charity wallet), so that our holders are maximally rewarded for holding. Due to the 2% burn, the already-low supply of CATS is steadily decreasing; and due to the 3% redistribution, holders are able to watch their own holdings continually grow.
CZatoshi BEP20
With the release of The Crossing, Catoshi tokens will be wrapped to the Binance Smart Chain where they will become CZatoshi(!).
CZatoshi will trade exclusively on PADSwap’s pioneering platform, with opportunities available for holders to further benefit from $CATS through high-APY farming and staking, as even more of the supply is locked.
Catoshi Governance
We love, appreciate, and believe in the towering power of community. As such, $CATS will function as a governance token, allowing the project to achieve decentralized status, with the $CATS community functioning as THE KEEPERS OF THE CROSSING. From voting on fees and distribution to deciding future chains and tokens to add, community involvement and discussion will be a critical part of Catoshi.
We may be something of a Trojan Horse (sneaking a powerful project into the meme coin world), but we truly are MemeFi at heart, and our beloved $CATS memes will always lead the way.
Catoshi Collection
Catoshi will be adding a unique array of merchandise for our community, from cat meme toys to Catoshi clothing!
Through the Catoshi Collection, you will be able to contribute to promoting the $CATS community/brand, with proceeds going toward supporting our growth and our charities.
Catoshi Charities
Charity is one of the main reasons Catoshi ($CATS) was originally conceived; and with one of our lead team members working for a mental health charity, support of mental health charities will be one of our primary focuses as a community.
We will also be looking to support cat (and other animal-related) charities in the future, with our community helping us determine how best to make a difference in the world
TOKENOMICS
Catoshi ($CATS) is an ERC20 token that launched on the Ethereum blockchain on May 25th, 2021. Unlike the majority of other ERC20 tokens, Catoshi ($CATS) is designed to be deflationary. The coin was launched with a circulating supply of 21 million coins, but over the course of the first 72 hours, tokens were regularly burnt to leave a circulating supply closer to 12 million
$CATS boasts a built-in redistribution mechanism, with a 6% tax on every transaction: 3% is sent to existing Catoshi ($CATS) holders as a reward for holding; 2% is burned; 1% is sent to our charity wallet
For every transaction there is a 6% tax
3%: Redistributed among holders
2%: Sent to be burnt
1%: Sent to the charity wallet
CATOSHI’S STANDARDS
**Total Transparency **
The Catoshi ($CATS) team will always strive to be above reproach. We will be open and honest about our plans and dealings, with regular voice chats in the Telegram group and impromptu “ask me anything” (AMAs). We at Catoshi want to BUILD, and we will be open about how we go about our business. With the presale team locking half of their tokens and burning an additional 10%, we have proven our deep commitment to the future of this project.
Community Centred
We wouldn’t be able to run Catoshi ($CATS) without our #CATSPACK community. Already, we have developed a community marketing team, and we continue to look for ways to involve the community as much as possible in our plans and future development.
**Incomparable Integrity **
We’re sick and tired of rug pulls and bad actors out to grift a quick buck off others. We believe trust should be paramount in this space, and community trust is integral to the Catoshi Process. In addition to locking majority of presale tokens, we have undergone a full, rigorous security audit in order to provide full transparency with regards to wallets and token balances.
Established Endurance
Catoshi isn’t calling it quits at The Crossing, but will continue building for adaptability, flexibility, and longevity in the ever-changing cryptocurrency landscape. Together with our strong community, we aim to become a mainstay as cryptocurrencies charge forward towards wider adoption.
How and Where to Buy CATS token ?
CATS token is now live on the Ethereum mainnet. The token address for CATS is 0x6a00b86e30167f73e38be086081b80213e8266aa. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough ETH in your wallet to cover the transaction fees.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Uniswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Transfer $ETH to your new Metamask wallet from your existing wallet
Next step
Connect Metamask wallet to Uniswap Decentralized Exchange and Buy, Swap CATS token
Contract: 0x6a00b86e30167f73e38be086081b80213e8266aa
Read more: What is Uniswap | Beginner’s Guide on How to Use Uniswap
The top exchange for trading in CATS token is currently Uniswap v2
Find more information CATS
☞ Website ☞ Website 2 ☞ Explorer ☞ Whitepaper ☞ Social Channel ☞ Social Channel 2 ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
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