$CARATS Whitepaper
carats
$CARATS Whitepaper
Why $CARATS π
$raBIT π° Coin was started out of a need for $ADA to have a
store of value coin. $CARAT π is a more fluid partner to $raBIT π°.
A decentralized principal remains the same, and $CARAT is beholden to
no one or no bunny but it has certain achievements that must be met.
$CARAT π Distribution
Total Supply: 420,696,900,000 ( 100K $CARATS π per 1 $raBIT π°)
$CARATS π Distribution Explained
$CARATS π will officially start with the $CARAT π Tickets mint on
March 02nd at 6:00am UTC. Each ticket minted will be worth a portion of
the 20% Public offering. It is capped at 420 Tickets so the portions can
not drop below 200,331,857 per Ticket. There is no whitelist
although the $raBIT π° Hodlers get a piece tooβ¦
$CARATS π will be distributed to $raBIT π° hodlers in a few
ways. 25% (105,174,225,000) of the supply is for them. It will
be distributed in a responsible fashion though. The airdrops to $raBIT π°
hodlers will not be all at one time, it will be a tiered distribution.
50% of the 25% reserved for them will be airdropped after the initial
$CARAT π Ticket sales end, and the Ticket buyers have received their
Airdrops. Of that 50% it will be distributed to all those who hodl anything
$raBIT π° related. 50% will go to $raBIT π° Coin hodlers, 30% to
#raBITs NFT hodlers and 20% to $raBIT Droppings ππ© hodlers. A
hodler with numerous $raBIT π° items may receive separate drops per
item. The remaining 50% $CARATS π supply for $raBIT π° hodlers will
be given out monthly at staggered reduced rates until depletion.
Before any $CARAT π is airdropped the pool(s) will be created. 40% of
the supply (168,278,760,000) will be added and paired with the $ADA raised
during the public ticket offering. $CARAT π Tickets are only available
from March 02 2024 to March 05 2024 beginning and ending at 6am UTC
on each day respectively. If $CARAT π Tickets sell out before the mint
end date the process of creating pools and beginning airdrops starts at
that time. If the mint ends without selling out, the pool(s) will be created
and the $CARATS π will be divided according to how many bunnies minted.
The 5% of $CARAT π allocated to early adopters will be airdropped only
to buyers of the mint tickets and those buying and hodling $CARAT directly
from the pool(s) during the first week of introduction.
The 10% of $CARATS π (42,069,690,000) reserved for marketing
and promotional purposes includes future airdrops and giveaways.
$CARATS π much like $raBIT π° will rely more on word of mouth and a
group of happy go lucky hodlers to see its future through. We donβt use
influencerβs or unnecessary hype, though hyping is not at all discouraged
were not trying to get hopes up nor be financial advisors. Nothing offered
be it $raBIT π° Coin $CARAT π our NFTs or verbal contributions have
any intrinsic value. Nothing here is nor should be considered as
financial advice.
$CARATS π
POLICY ID:
4fec542ac1f62d7dd62d1852049f8a94072240a8abc8771fa841ee91