The cryptocurrency trade is increasing at a quick tempo. A whole bunch upon a whole lot of tasks are being launched every day, promising to change into the following huge factor. Whereas a few of these startups make strides to develop the utility of their networks, others are attempting to realize some visibility in such a crowded market.
It has change into very simple for market contributors to be carried away by tokens that, with none intrinsic worth, handle to extend in worth quickly. Pump and dumps have change into 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 essentially robust will be capable to climate any storm.
A type of cryptocurrencies that units itself other than the pack is CluCoin. Certainly, CluCoin is greater than only a cryptocurrency. It’s a group!
Led by widespread Twitch streamer DNP3, CluCoin has taken a complete completely 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 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 counterpoint and empower its vibrant group or as DNP3 calls it, the CLUmmunity, to assist them attain their targets and thrive.
“Our aim is to enhance all of our group 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 Group’s selection,” stated DNP3.
The community-oriented crypto startup has donated $125,000 to the Save the Youngsters Group, however that’s not all. It has filed a 501(c)(3) software for a non-profit group dubbed CLUnited. The brand new initiative can be a separate 100% charitable entity that can work along with CluCoin to supply tax-deductible donations and alleviate struggling worldwide.
The crew of builders, lecturers, and trade specialists 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 boundaries of entry for CLUmmunity members. Any token holder can be a part of and earn cryptocurrencies and NFTs whereas taking part in a number of the hottest blockchain video games.
Extra lately, CluCoin invested within the widespread play-to-earn NFT sport Axie Infinity to launch a scholarship program. The thought behind the CLU Scholarships are to permit these with fewer sources to take part and earn in on-line video games the place they might sometimes not be capable to. The CluCoin Axie Infinity Scholarship Program has given out greater than 100 scholarships so far, enabling gamers to earn further revenue 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 undertaking has devoted numerous hours of labor to develop CLU’s utility and allow entry to a broader viewers. Cryptocurrency fans can now purchase CLU instantly on the undertaking’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 without spending a dime!
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 worthy gems born in 2021 with limitless potential.