It is a known fact that the cryptocurrency market is becoming more prominent by the day. With a higher market value in terms of investment and an uncountable amount of coins and tokens, the crypto world is more significant than it used to be. More than 2000 tokens are enlisted on the blockchains, which makes it difficult to determine the purpose and usefulness of some tokens.
Cavapoo is a new token that is made to be adequately utilized by crypto investors and traders. It is a hybrid philanthropic token with utility, and it is unique from other types of coins in the market today. From its creation, the inspiration to build Cavapoo was obtained from a real-life source. Unlike other meme crypto projects that are sourced from the internet pages. According to the founder, Cavapoo was created to be the first Australian dog breed token to be enlisted on the ethereum blockchain.
“I wanted Cavapoo to be the first Australian dog project on the Ethereum blockchain since Cavapoo is a rare breed that originated in Australia. What makes Cavapoo different than other projects is that we have a real-life mascot that will be the face of the brand. This sets us apart from other projects because they are searched on Google or other sites for dogs while I looked at my dog for inspiration.”
In addition, the build-up of Cavapoo shows that it is a coin worth investing in. Crypto traders and investors who invest in Cava can be assured of making returns on investments. According to the statistical build-up, Cava started with about 10 Quadrillion supply, and half of it was burned before the launch. An additional 2% was taken out of the initial supply for marketing, and half of the remaining 2.4 Quadrillion has been put away into liquidity. The remaining 2.4 Quadrillion is allocated to exchanges, and there is a performance of a 5% monthly burn on that supply. 3% is redistributed to the holder for every transaction, and 4% is distributed to liquidity. All these activities will make the tokens harder to obtain in the future and increase the value of Cavapoo.
On the other hand, the Cava community shows that it can impact outside of the crypto settings. The company is also dedicated to bringing communal development through some of its programs and events. Recently, Cava carried out some charitable events in collaboration with some organizations. They hosted charity events, fundraisers, back-to-school programs, and food drives, to mention but a few. According to the founder;
“We want to be the first to bridge the gap between crypto and the world by showing a more human side than being behind a screen. We want to be at the forefront when it comes to giving back and helping our community.”
These creative initiatives have drawn the attention and endorsement from top celebrities like Brian Urlacher, FazeClan, etc. Cavapoo will continue to impact the community and grow as the people’s favorite coin.