The cryptocurrency business is increasing at a quick tempo. Lots of upon a whole lot of tasks are being launched each day, promising to turn out to be the subsequent massive 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 out to be very straightforward for market individuals to be carried away by tokens that, with none intrinsic worth, handle to extend in value quickly. Pump and dumps have turn out to be the norm, inadvertently stealing the highlight of a number of the most revolutionary cryptocurrency tasks within the area. However simply because it occurred throughout the bear market of 2018, solely the basically robust will be capable to climate any storm.
A kind 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 well-liked Twitch streamer DNP3, CluCoin has taken an entire totally different method by no means seen earlier than within the cryptocurrency business. The distributed ledger startup rewards token holders and contributes to charity on each transaction inside its community. As a matter of reality, 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 complement and empower its vibrant neighborhood or as DNP3 calls it, the CLUmmunity, to assist them attain their targets and thrive.
“Our objective is to enhance all of our neighborhood members’ lives whereas additionally making the world a greater place by way of charitable donations. We donate all cash that’s earned from our charity pockets reflections to a charity of the CluCoin Group’s selection,” mentioned DNP3.
The community-oriented crypto startup has donated $125,000 to the Save the Kids Group, however that’s not 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 offer tax-deductible donations and alleviate struggling worldwide.
The staff of builders, lecturers, and business 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 obstacles of entry for CLUmmunity members. Any token holder can be part of and earn cryptocurrencies and NFTs whereas taking part in a number of the hottest blockchain video games.
Extra not too long ago, CluCoin invested within the well-liked play-to-earn NFT recreation 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 usually not be capable to. The CluCoin Axie Infinity Scholarship Program has given out greater than 100 scholarships to this point, enabling gamers to earn further earnings whereas offering the help and steering they should succeed.
Because the CLUmmunity grows stronger by way of CluCoin’s community-oriented incentivization mannequin, the staff 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” function. Furthermore, CluCoin applied the world’s first Quest NFT system, the place customers can full duties to earn unique rewards and NFTs at no cost!
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 likely one of the most precious gems born in 2021 with limitless potential.