Kitty Inu (Kitty) is an online gaming community platform built on a blockchain network. Kitty Inu aims to bring fun and humor among the community orientation of meme coins through cryptocurrency innovation. The token is NFT-based, where users can trade NFT avatars and accessories for the game. Later, the traded tokens are redistributed among the users playing the game.

Kitty is the native token for the Kitty Inu platform. According to the Kitty Inu lite paper, the vision of the $kitty token aims to have multiple eventual utilities. However, the token currently focuses on the development of two utilities: the KittyKart game and the release of the beta version of the game.

$kitty is based on a “fun but serious” theme. The “fun” part is a play-to-earn game, and the “serious” part is a creative contribution to the DeFi market. A play-to-earn game is one where users/gamers play a game and earn cryptocurrency. Furthermore, the Kitty Inu platform seeks to be a powerful psychological model that combines entertainment and earning money.

The token seeks to release a whitepaper soon. The maximum supply of Kitty Inu is one trillion. However, the total supply of 743,015,762,020.348 $kitty is in existence right now. Kittynomics suggests that 46% of the total $kitty token is available for decentralized exchange liquidity on Uniswap and Pancakeswap. However, 28% of the total supply is locked on team finance for future centralized exchange (CEX) listings. Centralized exchanges (CEXs) act as a third party between the traders. Furthermore, 12% and 14% of the total token supply are considered for coin burning mechanism by the antibot and development team, respectively. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key, which means that the tokens are lost forever.

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