ChitCAT Review
ChitCAT
chitcat.io
If your website is on the scam list and you think that you are not a scammer, contact us. After you provide us with all the proof that you are in Crypto World with good intentions, we will delist you. Usually, you get in this category because you are hiding your team, you have a bad reputation(you are tricking, deceiving, scamming people), and you haven't got a written project whitepaper or is a shitty one....
Their Official site text:
ChitCAT - A Decentralized
Messaging DApp Based on
Blockchain Technology and
IBC Protocol.
Whitepaper 1.0
ChitCAT ChitCAT is a decentralized
messaging DApp based on blockchain
technology and the Inter-Blockchain
Communication protocol (IBC). It
provides a trustless and secure
communication solution for users,
enabling them to send messages,
make calls, and video calls with just a
wallet address. ChitCAT implements a
unique negative tax structure that
benefits holders and motivates new
holders to buy and hold tokens. This
paper presents the ChitCAT DApp's
technology, features, tokenomics and
roadmap.
Messaging applications have become
an integral part of people's daily lives,
and their adoption is growing rapidly.
However, centralized messengers
pose a significant threat to users'
privacy and security, as they store
messages on centralized servers and
are vulnerable to attacks and
breaches.
ChitCAT is a decentralized messaging
DApp that addresses these concerns
by leveraging blockchain technology
and the IBC protocol to provide a
trustless and secure communication
solution.
Best security of blockchain technology
Send messages to users
Make a call having just a wallet address
Try videocalls
ChitCAT ensures that centralized authorities
don’t have access to users' data
CHITCAT PROVIDES THE
FOLLOWING FEATURES:
Technology
The IBC protocol is an end-to-end, connection-oriented,
stateful protocol for reliable, ordered, and authenticated
communication between heterogeneous blockchains
arranged in an unknown and dynamic topology.
It allows blockchains to communicate with each other by
specifying a set of data structures, abstractions, and
semantics that can be implemented by any distributed
ledger that satisfies a small set of requirements.
Blockchain technology provides tamper-resistance and
ensures the integrity and security of data. The blockchain is
decentralized, and no centralized authority can approve
transactions.
Why we really need messenger based on
blockchain technology?
People communicate with others through messaging applications. For real time
communication, we are all entirely dependent on digital technology. On centralized
messengers, the messages you send to others will be transmitted through centralized
servers.
The servers will route the messages to the receiver from the sender. While
transmitting, your messages get stored on their centralized servers and in your
device’s local storage. For example, on the Meta-owned messaging app, the
messages you send can be accessed by its legion of more than 15000 content
moderators.
Why we really need messenger based on
blockchain technology?
Though they claims to offer end-to-end encryption, a report shows that moderators
can see what you sent, when you sent it, and to whom you sent it.
The blockchain is an innovative technology that overcomes these threats and allows
to decentralize sensitive operations while preserving a high level of security. It
eliminates the need for trusted intermediaries.
1 Connect your wallet to our DApp
2 Add the recipient address you want
to message (wallet address)
3 Type and send message
4 When recipient address connects
wallet msg will be visible for him
5 Users will have notifications of
messages
6 You can see wallet address of
sender and his username
How DApp works?
IBC is an interoperability protocol for communicating arbitrary data between arbitrary state machines. The IBC application layer can be used
to build a wide range of cross-chain applications, including but not limited to token transfers, interchain accounts (delegate calls between
two chains), non-fungible token transfers and oracle data feeds.
How DApp works?
IBC is an interoperability protocol for communicating arbitrary data between arbitrary state machines. The IBC application layer can be used
to build a wide range of cross-chain applications, including but not limited to token transfers, interchain accounts (delegate calls between
two chains), non-fungible token transfers and oracle data feeds.
To use the DApp, you simply need to connect
your wallet and there is no requirement to
provide any personal information for registration.
This means that users can enjoy the benefits of
the DApp without the need to go through a
lengthy registration process, as long as they
have a compatible wallet to connect.
It is important to note that users should never
give out their seed phrase to anyone, including
the DApp. If you are ever asked to provide your
seed phrase, it is likely a phishing attempt by a
malicious third party, and not from the core team
of the DApp. Keep your seed phrase secure and
never share it with anyone, to ensure the safety
and security of your wallet and funds
Description
Negative Tax at ChitCAT is a special tax structure,
ChitCAT implements a unique negative tax structure
that benefits holders and motivates new holders to
buy and hold tokens.
When a holder buys any amount of tokens, they
receive an additional 3% of tokens creating a positive
dynamic in the token's price.. When a holder sells
their tokens, 3% of the transaction value is
automatically deducted as a sell tax and divided into
two parts as buyback (1.5%) and marketing (1.5%).
Negative tax
+Buyback
buy any amount of tokens and
receive additional 3% of tokens
Roadmap
Phase 1
Phase 2
▪️ Marketing campaign
▪️ Deploy smart contract
▪️ Audit and KYC
▪️ Utility upgrade
▪️ Coins site listings
Idea generation
Utility development
Website and Socials
development
Whitepaper1.0 release
Utility testing
Establishment of
community
Phase 3
ChitCAT release
Partnerships with
influencers
Pinksale WL presale
Launch marketing
campaign
CMC and CG listing
Phase 4
▪️ ChitCAT update - calls and
video calls release
▪️ AMAs and new marketing
campaigns
▪️CEX listing
▪️Whitepaper 2.0 release
TOKEN NAME : ChitCAT
TOKEN SYMBOL : CHITCAT
TOKEN DECIMALS : 18
TOTAL SUPPLY: 10,000,000
TOKEN NETWORK : BSC
MARKETING - 1.5%
BUYBACK - 1.5%
TOKEN SMART CONTRACT :
0X4C224944809DF312F297037D86652A4881162CF7
Tokenomics
TAX -3/3
BURNT
50%
Presale
30%
Liquidity
15%
CEX
5%
Contact Us
http://chitcat.io
[email protected]
https://medium.com/@chitcat
https://t.me/Chitcat_chat
https://twitter.com/Chitcat_