Airdrops & News

CAIT is a new token we are launching on the WAX blockchain.

The goals are:

-DeFi for All.

-collective action to ensure success of the creators on the platform.

-partner with creators and other projects to make the best network possible, and to end the motif of the “starving artist”

Effectively how it works right now is that because we are prelaunch, when people buy one of the NFTs we put out they get CAIT tokens that they can then either just hold or provide LP on Alcor.

Airdrops started Friday, April 9th 2021.

How does the token increase in value?

So we’re running a few different collections, staking positions etc and the profits from all of those different things we do are used to, right now, mint more tokens because we decided to back CAIT at 25-1 with wax to keep a minimum value.

Once the supply of tokens is fully exhausted, a large percentage of profits goes to directly buying back off the market the token in order to basically infinitely create value.