Born from Shiba Inu, Shibcat is a state-of-the-art cryptocurrency project that offers a play-to-earn game, Shibcat NFTs, dApp, and a decentralized exchange
The crypto market witnessed a great turn of events in August 2020, when a meme cryptocurrency, Shiba Inu launched as a joke and managed to allure the attention of investors from around the globe. This unique asset, with its big moves, helped countless individuals in becoming rich overnight. The idea of Shiba Inu gave birth to many similar cryptocurrencies. Foremost of these is Shibcat, a multi-utility token that plans on transfiguring web 3.0 with its features.
What is Shibcat?
Shibcat is a unique combination of the popular meme coin Shiba Inu and a cat. However, unlike Shiba Inu, this BEP-20 token has numerous utilities. These multiple use cases make Shibcat a good investment option.
The token has high swap functionality and thus can easily be exchanged for other cryptocurrencies. This, together with the abundant liquidity and extremely fast transactions make it the leading choice of many capitalists.
The Shibcat wallet is another remarkable amenity extended by the project to its users. This user-oriented wallet allows investors to safely store Shibcat tokens, remain up to date with their investments, and import other tokens.
The NFT sector is expanding at a supernatural pace. The project serves as a stepping stone for traders and investors of these non-fungible tokens by offering verification services. By using Shibcat, individuals can now easily verify ownership of NFTs.
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Shibcat and its Utilities
The endurance and longevity of any project are dependent on the frequency of the token use case. Experts claim that Shibcat will top out owing to the innumerable utilities that it has to offer.
Shibcat has a distinctive Play-to-earn (P2E) game where players can earn NFTs and Shibcat tokens for every real-life mission that they complete. After every 2 weeks, players occupying 1st to 3rd position on the scoreboard will be offered enticing incentives.
The token can also be utilized to purchase Shibcat merchandise and NFTs. The use of tokens to purchase digital assets and real-world objects like clothing and accessories is a great marketing strategy. Goods offered are cost-effective, durable, and of high quality.
High-end Security
Sharp practices and frauds are becoming increasingly common. To put an end to this, Shibcat makes use of the latest encryption system and multi-factor authentication to safeguard investor holdings.
Shibcat NFTs
The project has great regard for the NFT sector. It offers NFTs that are divided into rarity levels depending on their supply and demand. These NFTs can be very rare, semi-rare, and rare. Very rare NFTs will be the most difficult to acquire due to their limited supply and will have the highest monetary value. The semi-rare NFTs will have a comparatively higher supply but a lower price. Rare NFTs are the last in line in terms of monetary value. Alluring benefits are linked with each NFT with the Very rare NFTs having the most desirable benefits. Investors wishing to purchase these non-fungible tokens must utilize the Shibcat token.
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Shibcat dApp
Shibcat’s decentralized App (dApp) is fully live and operational. It incorporates features like pool, limit, cross-chain, bridging, staking, farming, earning, lottery, DAO, and locker.
Shibcat dApp Features
The Shibcat dApp allows investors to buy crypto of their choice from the Binance Smart Chain (BSC) or Ethereum Blockchain. The project permits inter-blockchain communication and asset transfer between leading blockchains like Binance, Ethereum, AVAX and others.
Shibcat dApp offers great earning opportunities. By staking their tokens on the exchange, investors can secure great sources of passive income. Newbies in the crypto sector with limited knowledge of assets can improvise the value of their assets by opting for the ‘Earn’ option on the dApp.
Shibcat remains devoid of a centralized government. All the legislative and executive decisions are taken by a decentralized autonomous organization (DAO). This structure operates by taking the will of the majority as a binding decision.
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