What is Chitcat

Article Summary, Automatically Generated By AI

Summary of ChitCAT

  • ChitCAT is a decentralized messaging DApp based on blockchain technology and IBC.
  • It provides trustless and secure communication, enabling users to send messages, make calls, and video calls with just a wallet address.
  • No personal information is required for registration; users simply need to connect their wallet.
  • Tax system: 0% buy, 3% sell (divided into 1.5% Buyback and 1.5% Marketing).

About ChitCAT: Empowering the Future of Digital Assets

Introducing ChitCAT, a pioneering Meme token and decentralized messaging DApp built upon

At the forefront of innovation lies the synergy between blockchain technology and the Inter-Blockchain Communication protocol (IBC), a pioneering breakthrough that enables seamless interactions between disparate blockchain networks.

It furnishes a trustless and secure communication paradigm, empowering users to effortlessly send messages, make voice calls, and engage in video conferencing, all facilitated by a simple wallet address. As an indispensable facet of modern life, messaging applications have become deeply ingrained in people’s daily routines, with their adoption experiencing rapid proliferation.

Notably, centralized messengers pose a substantial menace to users’ privacy and security, as they retain messages on centralized servers, rendering them susceptible to attacks and breaches.

To utilize the DApp, simply connect your wallet, and you’re all set – no personal information is required for registration. This streamlined approach enables users to seamlessly access the DApp’s benefits without the hassle of a lengthy registration process, as long as they possess a compatible wallet to connect.

A tax system has been implemented at ChitCAT, comprising a 0% buy tax and a 3% sell tax. The latter is subsequently divided into two equal components: a 1.5% allocation for Buyback and a 1.5% allocation for Marketing purposes.

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