- ChitCAT is a decentralized messaging dApp that utilizes blockchain technology and the IBC protocol to offer secure communication solutions. - As digital technology is now the primary means of realtime communication,people rely on messaging applications to connect with others. - With ChitCAT,users can communicate with others in a secure and decentralized environment. - ChitCAT offers a unique feature in the form of a special negative tax system. - This system enables users to enjoy the benefits of the dApp and generate a good income from their investment in the native token. - The system incentivizes holders to keep and purchase more tokens,as it rewards them and motivates others to invest.The Negative Tax system implemented at ChitCAT is a unique tax structure that rewards token holders and encourages new investors to purchase and hold tokens. - Whenever a user acquires ChitCAT tokens,they automatically receive an additional 3% of tokens,which provides an attractive incentive for investment. - When a holder decides to sell their tokens,a Sell Tax of 3% is applied to the transaction value. - This Sell Tax is then divided equally into two parts – Buyback 1.5% and Marketing 1.5%. - This mechanism allows for a constant flow of tokens in the market,while also contributing to the overall growth of the ChitCAT ecosystem. - Furthermore,the 3% bonus that users receive when purchasing ChitCAT tokens generates a positive dynamic for the token’s price. - This bonus,combined with the Negative Tax system,makes investing in ChitCAT a compelling opportunity for investors seeking to benefit from a unique and innovative token economy..
Summary of the coin ChitCAT
highest price statistics: 0.65 $USD
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