The cryptocurrency trade is increasing at a quick tempo. A whole lot upon a whole bunch of initiatives are being launched each day, promising to turn into the following huge factor. Whereas a few of these startups make strides to develop the utility of their networks, others try to realize some visibility in such a crowded market.
It has turn into very straightforward for market members to be carried away by tokens that, with none intrinsic worth, handle to extend in worth quickly. Pump and dumps have turn into the norm, inadvertently stealing the highlight of among the most modern cryptocurrency initiatives within the area. However simply because it occurred throughout the bear market of 2018, solely the basically sturdy will be capable of climate any storm.
A type of cryptocurrencies that units itself aside from the pack is CluCoin. Certainly, CluCoin is greater than only a cryptocurrency. It’s a neighborhood!
Led by common Twitch streamer DNP3, CluCoin has taken a complete totally different strategy by no means seen earlier than within the cryptocurrency trade. The distributed ledger startup rewards token holders and contributes to charity on each transaction inside its community. As a matter of truth, 10% of every transaction is taxed, with 5% going to the liquidity pool and one other 5% being redistributed again to all CLU holders.
CluCoin’s mission is to counterpoint and empower its vibrant neighborhood or as DNP3 calls it, the CLUmmunity, to assist them attain their objectives and thrive.
“Our objective is to enhance all of our neighborhood members’ lives whereas additionally making the world a greater place via charitable donations. We donate all cash that’s earned from our charity pockets reflections to a charity of the CluCoin Neighborhood’s selection,” stated DNP3.
The community-oriented crypto startup has donated $125,000 to the Save the Kids Group, however that isn’t all. It has filed a 501(c)(3) utility for a non-profit group dubbed CLUnited. The brand new initiative can be a separate 100% charitable entity that may work along with CluCoin to supply tax-deductible donations and alleviate struggling worldwide.
The crew of builders, lecturers, and trade consultants constructing on the CLU thesis are additionally devoted to creating on-line areas for members to socialize, construct digital worlds, and play free video games collectively whereas incomes prizes. CLU has established a system for play-to-earn gaming that lowers the limitations of entry for CLUmmunity members. Any token holder can be a part of and earn cryptocurrencies and NFTs whereas enjoying among the hottest blockchain video games.
Extra not too long ago, CluCoin invested within the common play-to-earn NFT sport Axie Infinity to launch a scholarship program. The thought behind the CLU Scholarships are to permit these with fewer assets to take part and earn in on-line video games the place they’d sometimes not be capable of. The CluCoin Axie Infinity Scholarship Program has given out greater than 100 scholarships up to now, enabling gamers to earn further earnings whereas offering the help and steerage they should succeed.
Because the CLUmmunity grows stronger via CluCoin’s community-oriented incentivization mannequin, the crew behind this venture has devoted numerous hours of labor to develop CLU’s utility and allow entry to a broader viewers. Cryptocurrency fanatics can now purchase CLU immediately on the venture’s web site utilizing the “Swap” characteristic. Furthermore, CluCoin carried out the world’s first Quest NFT system, the place customers can full duties to earn unique rewards and NFTs free of charge!
The hyper-deflationary, auto-generating liquidity protocol with clever static farming has already set a robust foothold within the cryptocurrency market regardless of launching in early Might. With over 70,000 CLU holders worldwide, CluCoin is without doubt one of the most beneficial gems born in 2021 with limitless potential.