Question 1

What is BILLION•DOLLAR•CAT (BDC)?

Accepted Answer

BILLION•DOLLAR•CAT, abbreviated as $BDC, is a meme-based cryptocurrency on the Bitcoin blockchain, branded as "Billy." This token is symbolically aligned with Bitcoin, featuring a sideways Bitcoin logo to resemble a cat, reinforcing its identity as a Bitcoin-themed cat memecoin. Created as a fungible token on Bitcoin using the "Rune" protocol, BILLION•DOLLAR•CAT operates similarly to Ethereum’s ERC-20 tokens. Runes, introduced by Casey Rodarmor, extend Bitcoin’s capabilities by enabling fungible tokens within the UTXO model while enhancing efficiency and compatibility​.

Question 2

What is BILLION•DOLLAR•CAT (BDC) used for?

Accepted Answer

As a meme token, BILLION•DOLLAR•CAT (BDC) is primarily for entertainment and community engagement rather than any intrinsic financial utility. It was launched as a fair distribution with no premine on 30 May 2024, selling out within 18 hours. The token is widely recognised in NFT communities, and BDC tokens are often featured in custom profile pictures (PFPs) and meme collabs via a PFP generator on the project's website. Additionally, BILLION•DOLLAR•CAT offers a Telegram bot, BillyBot, which provides price alerts, floor price charts, and other insights specifically for users active with Runes on the Bitcoin network​.