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Jun 16, 2021What is QUACK?
QUACK is a multifaceted blockchain project aiming to revolutionize the crypto investment landscape through its unique ecosystem. With a focus on staking, DAO voting, and a launchpad for blockchain startups, QUACK offers a comprehensive platform for investors and projects alike. Powered by its native token, QUACK seeks to create a decentralized and fair environment for funding and supporting next-generation crypto startups. The project boasts a community-driven approach, with a dedicated team working to uphold quality standards and foster long-term relationships with partners.
How QUACK works?
Staking: QUACK introduces a staking mechanism where holders can stake their tokens on RichQUACK to gain fair Guaranteed Allocation for investing in projects. Staking is divided into 9 levels based on the amount of QUACK staked, providing opportunities for all holders to participate. Additionally, stakers can receive free tokens from incubated and partner projects.
- DAO Voting: Decentralized Autonomous Organization (DAO) voting plays a crucial role in the project's governance. Holders with a minimum of 100B QUACK can participate in voting for project proposals. Only staked QUACK counts towards voting, ensuring active participation from committed investors.
- Launchpad: As a launchpad and incubator, QUACK offers early investment opportunities in top blockchain startups. With a commitment to fairness and decentralization, QUACK scrutinizes projects through strict quality standards and KYC procedures to mitigate risks for users. The launchpad provides funding, support, and expert guidance to nurture promising crypto startups from inception to success.
The project also emphasizes marketing and community support, leveraging its social media network and crypto writers to promote projects across various platforms. Strategic alliances with exchanges ensure efficient listing and market-making processes, driving visibility and liquidity for partnered projects.
QUACKonomics
- Total Supply: QUACK boasts a total supply of 100 quadrillion tokens, with 50% allocated to liquidity seeding and the remaining 50% directed to the Black Hole Algorithm.
- Money Bin Lock: Liquidity is locked for 5 years through Team.Finance, prioritizing the safety of loyal holders and guarding against rug pulls.
- Transaction Fee: A 12% transaction fee is applied, with 4% allocated to holder rewards, 4% to auto liquidity, 2% to the Quack PUMP & Burn Wallet, and 2% to marketing & dev wallets.
- Ecosystem Rewards: Further incentivizing participation, 3% ecosystem rewards are distributed, with 1% in the deployer wallet and 2% locked in Team.Finance for airdrops and staking rewards.
- Anti-Whale Feature: To maintain fairness and stability, no wallet can hold more than 1% of the token supply, with sales restricted to less than 1% of the total supply.
With a strong community of diamond-hand investors spanning multiple languages and social media platforms, QUACK aims to disrupt the crypto space with its innovative approach and commitment to long-term success.
Team Background
QUACK's founders choose anonymity, a common practice in meme coin projects, yet successful. The project's success hinges on community engagement and growth rather than founder identities. By prioritizing decentralization, QUACK fosters a vibrant ecosystem where every member contributes. Transparent communication and inclusive governance empower the community, propelling QUACK forward.
Rich Quack Price Analysis
As of October 13 2024 Rich Quack has a marketcap of $28M. This is {{percentagefromath}} from its all time high of $0.000000015463. In terms of its tokenomics, there's a total supply of 100,000T with 44% currently outstanding. Keep in mind Rich Quack has a fully diluted value of $64M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
QUACK Markets
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