CluCoin (CLU) announced it launched a community-driven token on Binance Smart Chain (BSC), a dual-chain structure that allows users to build their decentralized apps and digital assets on one blockchain.
The one-stop decentralized solution for charity and Non-Fungible Token-oriented use-cases, CluCoin, said that BSC provides a technical framework for CLU progress. This is because the project’s smart contract structure is inspired by the overhyped project SafeMoon.
Designed with the users and a charity system built straight into its core, CluCoin is a unique blockchain-based platform based on hyper-deflationary CLU tokens.
In addition, CluCoin stated that in the CLU network, which is the short form of ‘Community, Love, Unity,’ charity, community, and utility are its hot spots. As a result, it gathers a vibrant and passionate community around its products.
Based on CluCoin’s roadmap, it started its services on May 19, 2021, after activating its mainnet. And as it focuses on charity, it transferred around $125,000 to Save the Children Organization by the decision of community vote during the first month.
Furthermore, the CLU team said it always listens to the CLU community as it gives honest feedback needed to adjust the direction of project’s development.
Following its launch, CluCoin passed a smart contract audit with leading blockchain security CertiK. More so, it launched its inaugural project (CLU Axie Infinity Scholarships) with the NFT veterans. After that, it created an NFT vault, which is open for interested investors, and minted the first assets for the community.
At this moment, the CLU token is available on PancakeSwap (CAKE)—the largest BSC-based decentralized exchange. According to the firm, CLU holders can access promotions, giveaways, and other initiatives.
Last month, the crypto exchange BitMart listed Clucoin (CLU) on its platform with the available CLU/USDT trading pair. What is more, the team said that holding CLU on Bitmart includes the crypto owner in a liquidity mining initiative.
In addition, the CluCoin (CLU) team shared exciting future plans. The company stated that it will form a media relationship team and create its first-ever native pool of non-fungible tokens (NTFs). Also, it will launch an ambassador program and ‘Play-to-Earn’ initiatives by the end of 2021.
CluCoin plans to expand its presence and visibility in the Esports industry and to release the first-ever charity documentary by the end of 2021. Furthermore, the team affirmed that its native CLU Exchange and staking instruments for CLU tokens will also go live this year.