Details

What is CTT

Tokens

1. What is CTT?

Introduction to CTT Tokens

  1. CITEX TOKEN (CTT): A user value-added service rights system officially launched by the CITEX trading platform, issued based on the Ethereum ERC-20 protocol, released on November 1, 2018.

  2. CryptoTycoon (CTT): Another type of token, with specific project information not detailed in the provided search results, but can be purchased and traded on platforms like Binance.

  3. Cashtree Token (CTT): Also a type of token, but specific project information is not detailed in the provided search results, and real-time prices and charts can be viewed on trading platforms like Binance.

Note: CTT may refer to different token projects; please distinguish based on the project name.

2. Who founded CTT?

According to the provided information, the founder of CTT Coin (Cashtree Token) is Samuel Hu. Be careful not to confuse this with information about Cettire, which is an e-commerce company in Australia, with the stock ticker CTT, but not related to tokens.

3. Which venture capital firms invested in CTT?

According to the provided information, the text mentions the following organizations or individuals that have invested in or supported tokens (especially Ethereum):

  1. Wanxiang Blockchain Lab: Its CEO, Xiao Feng, supported Ethereum in 2015, providing $500,000 in cash and promising to return the tokens to them at the donation price after Ethereum went live on its mainnet.

  2. Distributed Capital: As a partner of Wanxiang Blockchain Lab, Xiao Feng also represented Distributed Capital in supporting Ethereum.

The text does not mention any other specific venture capital firms investing in Tokens CTT. It is important to note that the text primarily discusses the early development and support for Ethereum, rather than CTT.

4. How does CTT operate?

How CTT Tokens (CryptoTycoon) works:

  1. Basic Information:

  2. Platform: CryptoTycoon is a DeFi light gaming platform based on the Binance Smart Chain (BSC).

  3. Token: The issued token is CTT, with a total supply of 1 million tokens.

  4. Operational Mechanism:

  5. Games and NFT Collectibles: Players can engage in games and NFT collectibles using tokens based on the BSC chain such as BNB and BUSD.

  6. On-chain Transfers: On-chain transfers will burn 5% of the CTT tokens.

  7. Platform Revenue Distribution: 60% of the platform's revenue will be directly used to repurchase CTT circulating in the market and distribute airdrops to CTT holders.

  8. Founding Team:

  9. Background: The founding team members of CryptoTycoon previously worked at Tencent Interactive Entertainment (IEG) and have rich experience in game product planning and operations.

  10. Game Positioning:

  11. Light Gamification: CryptoTycoon aims to lightly gamify DeFi products, lowering the threshold for player participation.

In summary, CryptoTycoon (CTT) is a DeFi light gaming platform based on BSC that provides a unique token operation model through gaming and NFT collectibles, combined with on-chain transfers and a platform revenue distribution mechanism.

Share to