The TacoCat token (TCT) is a utility token that aims to bridge mainstream real-world assets with the crypto-assets. TacoCat aims to build an ecosystem comprised of several independent initiatives such as the Play-to-Earn (P2E) video game, the merchandise store, and so on. The TCT token aims to create a comprehensive ecosystem in which it serves as the fuel for utilities and use-cases. Also, the token intends to expand into every available sector of pop culture strategically to become a crypto-backed lifestyle brand.

According to its litepaper, ‘WildCard’ is one of its first projects, a P2E game. A P2E game is a video game or virtual environment where players compete for crypto token incentives. The WildCard is such a P2E digital collectible card game in which players acquire randomized character cards with unique powers. ‘Nemots,’ the wildcard characters, have a distinct influence on gameplay aspects and levels up as players go into battle.

Further, the WildCard deployed on a smart chain aims to be distributed in the platform’s own WildCard marketplace, where up to 1.8 million unique character cards are created and traded as NFTs. Since it is a P2E game, WildCard seeks to offer the players an opportunity to win rewards by participating in daily and weekly challenges. Additionally, players gain from random drops, adventure game mode, and Player-vs-Player (PvP) matches.

The TCT token is a custom-built BSC smart contract. The token utilities are dynamic transaction fees, token burning, and a token repurchase mechanism developed by TacoCat called TacoShell. Token-burning is a process in which a project permanently removes a few of its tokens from circulation and transfers them to a zero address, thus erasing them from existence. In contrast, a repurchase occurs when a project or organization uses its own funds to repurchase part of its tokens or assets from holders at market value. TacoCat’s repurchase functionality TacoShell reinvests the TCT tokens back to the ecosystem or funds marketing to promote growth and price stability. Further, every time TacoShell is accessed for marketing funds, the platform does a manual burn in the same amount received to increase the holder’s token value.

On June 6th, 2021, a team of thirty persons, including Dylan Anderson, Jasper Van Ravenzwaaij, and Randy Kujawa, founded the TacoCat Company. Danny Mijac is the CEO of TacoCat token.

The TCT token reports a total supply of 950,000,000,000 tokens.

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