What is CatzCoin?
CatzCoin (CATZ) is a cryptocurrency launched in May 2021 by a team based in Australia, with a mission to connect cat lovers worldwide. The team has a detailed roadmap that they plan to execute on over the coming months and years. The key projects that they will be working on include a NFT tradable platform, homeless cat charity donations, influencer collaborations, creation of a CatzSwap De-Fi platform, and eventually a Meme ETF.
Unlike other cryptocurrencies, CatzCoin has no pre-sale, no investor, and no pre-mine, and from the beginning, it has been a product built for cat lovers. Their motto is “by the Catz, for the Catz,” and they aim to stay true to their mission.
Central to the Catz mission is the goal of helping out homeless cats. CatzCoin will be donating 5% of the total coin supply to charities that support homeless cats over the next 30 months. CATZ holders will have the right to pick and select the charities to which the tokens will be distributed, making it a community-driven initiative.
CATZ tokens are used for governance, CatzSwap benefits, and voting rights. The capped supply of CATZ is 100 billion tokens, and 40% of the supply has been injected as initial liquidity, which has been locked via UniCrypt. 20% will be used for marketing and charity, 10% are designated to future project development, and another 10% has been vested to the founders of the project. The remaining 20% of the supply will be burned over a 24-month period, with 5% being burnt every 6 months, starting October 2021, until the total supply reduces to 80 billion tokens by the end of April 2023.
The CEO of CatzCoin is William Wu, who has previously worked as a Vice President at Oaktree Capital Management, one of the largest and most successfully run private equity firms in the world. William was also a management consultant at McKinsey & Company, a trusted advisor to the world’s most successful corporations and governments. He holds a Master in Business Administration from the Wharton School of Business, a Master in Finance from the London School of Economics, and a Bachelor in Commerce from the University of New South Wales.
In summary, CatzCoin is a unique cryptocurrency built for cat lovers that aims to help out homeless cats through charity donations. With a community-driven approach, it plans to execute on its detailed roadmap that includes various projects. The team is led by William Wu, who has a wealth of experience in the private equity and management consultancy industries.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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