CashCow protocol is a community-driven initiative to build an NFT (non-fungible token)-based play-to-earn blockchain game. CashCow aims to show that value is created by people, communities, and those who drive the initiative forward. This platform also seeks to demonstrate that a community-driven economy can progress to new heights and become a viable alternative to today's traditional currencies.

As the whitepaper states, everything on the platform is transparent, and the smart contract on the blockchain contains all of the information. CashCow offers two tokens, CashCow token (COW) and MILK token. The CashCow token is the protocol's first feature. It is a low-supply token, and the circulating supply is always decreasing as more transactions take place on the blockchain. When users keep the COW tokens in their wallets, they receive more. Users receive a four percent cut on every transaction if they keep CashCow in their wallets. Every transaction adds to the liquidity pool (pool of tokens), ensuring that all members can sell their CashCow whenever they want.

The second token of the platform, MILK, has an infinite supply along with a burning mechanism; a part of MILK tokens used on the NFT Marketplace is burned. Token burning is a process of permanently destroying the tokens so that the supply of tokens decreases and the value of the token increases. The tokens are burned by sending the tokens to a burn address from where the tokens can never be retrieved.

The MILK token has various functionalities. It is used for rewarding CashCow’s Staking Pools users. MILK token is also the in-game currency of the CashCow play-to-earn game and is used to convert a digital file into a crypto collectible or NFT.

As this is a community-driven project, the CashCow team desires to remain anonymous.

We werken onze CaashCow naar EUR valuta in realtime bij. Ontvang de actuele prijs van CaashCow op Coinbase.