Interview With CatoCoin Team
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CryptoShib shortly ago listed blockchain project CatoCoin and now it is time to get more insights into the project. Publishing interview with project creators.
(CS) Your project description in two sentences.
Create a coin that adjusts its rewards and collateral based on a number of masternodes in order to provide long-term consistent and reliable ROI%
(CS) What is the goal of your project except to create and profit from masternodes?
The goal is to have Cato accepted as a Fiat currency and create additional value through innovative and highly functional use cases.
(CS) Your short story – how did you come up with the idea of this project and why about masternodes (as this niche is very trendy now and so many other projects are around)?
The idea came from investing in other masternode coins that have emissions rates that were unsustainable and suffered from massive and frequent dumps. I knew there was a better way.
(CS) The uniqueness of your project. There are plenty of projects that offer masternodes – compare with similar projects around and highlight your project’s benefits.
What makes CatoCoin unique is our patent pending Next Gen Technology where we increase the required collateral every 30 masternodes without de-activating prior masternodes, requiring additional coins for existing masternode holders, forking the blockchain or requiring any wallet updates.
(CS) Do you offer also hosting services or investor have to host on his server and set up masternodes himself?
CatoCoin does not offer a masternode hosting service. However, CatoCoin is the only coin that has specially developed scripts that allow for multiple masternodes to run on the same VPS server.
(CS) How has been your project’s lifecycle up to now – your coins value fluctuation, tendencies of investors, other observations?
CatoCoins volume and price has been very stable for the last 6 weeks and is rising slowly through organic growth and trading
(CS) Why do you think that your project will succeed in the long term and will be a winner in a competition with other projects?
We will succeed long term because of the commitment from the developers and investors to grow the coin. It will definitely be a winner because of our patent-pending technology.
(CS) What is the guarantee of the stability of your project?
100%
(CS) How did you find your team members of the project?
Team members were assembled through several years of friendship in crypto related activities.
(CS) What future perspective of your project you see in 5 years?
Additional use cases. A CatoCoin Foundation to license our technology for commercial use, the CatoCasino will be released in the next two weeks and other highly innovative project plans.
(CS) How to start to invest in your project?
Visit: https://catocoin.net
(CS) Where to get to know current news and trustable information about your project?
Our Discord Channel
CS – CryptoShib
Answers – CatoCoin-Dev/TeamLead
17th of October 2018