Question 1

What is Cat Token (CAT)?

Accepted Answer

**Cat Token (CAT)** is a decentralised finance (DeFi) project designed as a social experiment within the cryptocurrency sector. Its core mission is to build an active and engaged community that promotes user interaction while supporting charitable causes, particularly cat shelters and animal welfare organisations. The project leverages blockchain technology to enable the decentralised and transparent transfer of value.

Question 2

What is Cat Token (CAT) used for?

Accepted Answer

**Cat Token (CAT)** serves multiple purposes:  
1. **Community Engagement:** It encourages community participation through social media platforms like Twitter and Telegram, where users can engage in games, discussions, and idea-sharing.  
2. **NFT Integration:** CAT Token is paired with custom NFTs, offering rewards, challenges, and voting rights to holders. This allows community members to influence project decisions and charitable donations.  
3. **Charitable Donations:** The CAT Token community can suggest and vote on animal welfare charities to support through financial contributions or donations of supplies, ensuring transparency in the use of funds.

***Although 'CAT' was the ticker assigned at the deployment of the Cat Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'CATTO' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.***