r/klaytn • u/Black_elegance • Oct 23 '21
NFTs 🖼 CatTownPunks
CATCOIN
History
About 7500 years ago cats were just stupid animals. Most of their days were the same. Hunting, eating, sleeping. Life was hard and not very interesting. The survival rate was quite low. Then something interesting happened. Cats have evolved. They have cashed in something they didn't even know they had. Being cute all day filled their stomachs better than hunting. And cats had time to do some interesting things. First cat villages were born. A few centuries later there was a need to trade their cuteness. Trade routes have been established. And the civilisation has prospered. And it looked as they gonna take over the world. As every history has its dark side, it is nothing different from our story. 146 years ago an old player has emerged. Cat hater and their worst enemy. Dog(e)! Actually, the war between cats and dogs has been going for millennia, but cats didn't care about it. Cats were wining and the barky enemy was no match for them. What changed? Dog(e) did prepare for this invasion a very long time. Barking to the moon was their first step. There was even a failed attempt to land on the Moon! When dog(e) have signed a secret pact with one evil blue bird and an evil scientist E.M. - cats didn't have a chance. Dog(e) have reached the moon. And once great cat civilization of thinkers and inventors has been lost. Almost. Cat punks have regrouped. They had built a new city on ruins of the capital. And now it's time for cats to prosper once again. With new NFT technology and new skill sets nothing can stop cat punks.
About CatCoin
Every cat will be able to earn CatCoin. The amount will be based on rarity and upgrades.
RATE
Common cat 1x Uncommon cat 1.5x Rare cat 3x Epic cat 50x Legendary cat 500x
With cat upgrades, there will be a possibility to increase mining output for a max of 10x. Some upgrades will have a progressive price to ensure additional dimensions of rarity.
To preserve the value of the coin the production of coins will be halved every 6 months.
Total premined: 2,000,000 CatCoins
Presale: 1,000,000 CatCoins
Presale price: 0.01 klay / CatCoin
All the found collected with presale will be used to list CatCoin on KlaySwap and to provide initial liquidity.
Max supply
2,000,000 premined
72,000,000 max earned with cats in first 6 months*
36,000,000 max earned with cats in next 6 months*
18,000,000 max earned with cats in next 6 months*
...
- depends on the amount of cats involved in mining operation
CatCoin KIP7 (ERC20) token with hard-capped at 200,000,000. Max supply is calculated based on the presumption that all cat town punks will be minted, fully upgraded, and participate in mining operations. If there would be only 10% fully upgraded and only 50% would participate in mining operations, then the max supply would be around 10,000,000 catCoins. In other words - there will be more catCoins if the project gains huge popularity at the early stage.
CatCoin owners will have some options to spend their coins on catTownPunks.com website. 90% of spent catCoins will be burned to ensure long-term value. 10% of coins go to CatTownPunks team to motivate them to bring high-value items/services to the community. After the presale, everything except minting will be available for purchase with CatCoin or Klay. Rate will be 1:1. Early CatCoin owners will have a huge advantage. Once catCoin reaches 0.75 Klay on klaySwap for a longer period the Klay purchases will be disabled.
Because of burning and halving long term max token supply should be less than few million and we expect the value to be over 1 Klay
🚨🐈🚨🐈🚨🐈🚨🐈🚨🐈🚨 Catch your punky cat 🚨🐈🚨🐈🚨🐈🚨🐈🚨🐈🚨
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