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Summary of Lucky Cats (KATZ)
Key Points
- Lucky Cats is a decentralized iGaming and staking platform built on Binance Smart Chain Network.
- KATZ aims to become the biggest iGaming platform built with blockchain technology.
- The project has a unique ecosystem and a drive for development, with plans to expand into various spheres.
- KATZ utilizes a coin-burning mechanism to sustain the value of its digital asset and create a deflationary effect.
- Up to 25 million KATZ tokens will be burned, accounting for 25% of its total supply.
- KATZ holders can stake tokens to earn BNB as a reward and learn vocational and digital
About Lucky Cats: Embracing Fortune and Prosperity
Unveiling the Unparalleled Essence of KATZ
Lucky Cats embodies a pioneering ecosystem of decentralized, blockchain-driven iGaming, poised to revolutionize the industry. With its immense potential, the project is rapidly emerging as a premier iGaming and staking platform, garnering substantial attention globally.
Furthermore, one of Lucky Cats’ most significant competitive advantages lies in its relentless drive for development. While initially focusing on iGaming and staking, KATZ envisions expanding its services across a diverse range of spheres, including the KATZ Wallet App, KATZ Academy, and KATZ private launchpad, among others.
KATZ’s Auto Burn: A Revolutionary Mechanism
Within the crypto industry, a coin burn is a deflationary mechanism employed to permanently eradicate coins from circulation. The majority of cryptocurrency projects, including Lucky Cats, periodically engage in coin burning to maintain the value of their digital asset and induce a deflationary effect.
In the case of Lucky Cats, the iGaming platform intends to eliminate up to 25 million KATZ tokens through its quarterly burns, thereby reducing its total supply by 25%.
KATZ employs a dual coin-burning mechanism. Firstly, a portion of the tokens generated from all games played on the Lucky Cats iGaming platform is burned. Secondly, the platform hosts quarterly KATZ burning events, where the number of tokens earmarked for burning is calculated using a formula that takes into account the total revenue accrued from games played on Lucky Cats and KATZ’s average dollar-denominated price during the quarter.
Introducing LUCKY CATS (KATZ): A New Era of Prosperity
Lucky Cats is a pioneering, decentralized iGaming and Staking platform, meticulously crafted on the Binance Smart Chain Network.
KATZ endeavors to establish an infrastructure that revolutionizes iGaming, rendering it more circular and sustainable, with negligible operating and maintenance costs, tailored to thrive in the blockchain era. This innovative format ensures that both traditional and blockchain enthusiasts can revel in the future today, while empowering players and preserving the traditional essence. According to the project’s website, its mission is to emerge as the largest iGaming platform built upon blockchain technology.
Lucky Cats holders are also entitled to participate in the staking pool, where they can stake KATZ tokens to earn BNB rewards. Furthermore, through KATZ’s partnership with DSIgate, users can access a range of vocational and digital skills training courses at no cost, and upon successful completion, utilize their KATZ tokens to obtain certificates.
Strategic Collaborations
Lucky Cats has forged strategic alliances with a diverse range of influential crypto communities, including Crypto Tribe in China, Crypto Forum in Indonesia, Crypto Pyramid in Turkey, Crypto Fury in Vietnam, Bruisers Calls, and numerous prominent Western crypto communities. Furthermore, it has established a partnership with DSIgate, a platform that will empower KATZ holders to acquire vocational skills and potentially generate income. Additionally, Lucky Cats will be collaborating with Slotegrator to develop a customized platform for iGaming and online casinos, tailored to meet the unique needs of its users.
Undoubtedly, KATZ boasts a plethora of utilities, including Play to Earn, Stake to Earn, and Learn to Earn opportunities. Furthermore, users can design and create customized Lucky Cats Avatars, which can be sold on the KATZ Marketplace upon its launch. Committed to optimizing revenue and embracing a perpetual state of evolution, KATZ strives to remain at the forefront of the blockchain industry, constantly adapting to stay relevant.
Commitment to Responsible Gaming
Engaging in gameplay at Lucky Cats should always be a delightful and entertaining experience. KATZ boasts a dedicated team of professionals who are readily available to offer support and guidance to those who require it, ensuring that players receive the assistance they need. Furthermore, KATZ takes pride in its team of compassionate and highly trained professionals, as well as its implementation of measures designed to empower players to regulate their iGaming habits and establish personalized limits that suit their individual needs.
For those seeking to learn more about KATZ ‘Control Play’ tools or discover organizations that can provide support, we invite you to visit luckycatscare.com, launching on December 5, 2022.