August 17, 2017 – Barcelona
We're proud to announce the result of a long time of hoping, dreaming, planning and lots of hard work!
Croat, the Catalan Altcoin is here to make history!
What is Croat all about?
Croat is a virtual coin or criptocurrency based on the anonymous open source Cryptonote algorithm, also
used by other known altcoins, such as Monero or Bytecoin. Although technically not a great innovation in
terms of major changes in the algorithm, this was not our main purpose. Our objective is to create a Catalan
product, a tool destined to be used by the people, governed by the people, and that brings benefits directly to
the people.
There have been other intents to launch a Catalan cryptocurrency. Some failed due to technical faults,
others were not really a decentralized cryptocurrency, but more a centralized “token” system related to some
local authority. We've studied them all. We learned from the mistakes some made and from the approach
others had, to make Croat the best option for ordinary people, unrelated to any institution or organization.
Although we strongly believe in Catalonia's future, we are not politically subscribed to any party or group. In
our group of developers there are people with different political views, but as a group we only believe in the
future of Croat as THE CATALAN ALTCOIN. People deserve the right to have access to Croat, no matter
what their political views are. In the end, it's only money. And we strongly believe that PEOPLE should have
the right to govern and control it, not institutions, not political parties, not central banks.
The Croat project started out of a need to offer a virtual coin to the Catalan people. Catalonia has a lot of
economic potential and Croat will be a powerful tool to accelerate the economic development of our region
We cannot stress enough the importance of THE PEOPLE. Croat was not created by any institution,
government or official organization, but by a group of ordinary people, passionate developers, with Catalonia
at heart. We want to empower our PEOPLE, give them a tool that works for them and, more importantly, one
that represents them.
It's obvious that other cryptocurrencies also offer the advantages of de-centralization and security. But Croat
is much different because of several reasons:
Although having worldwide usability by design, Croat was developed and began in Catalonia. All our efforts
to make it known will be centered among the Catalan community, locally and abroad. Anybody can jump on
board, even they're not Catalans, out of sympathy for the Catalan identity, culture and community, or simply
because they are able to see a business opportunity in a very different altcoin, with great potential to
succeed. But the fact that it all starts in Catalonia, and most of Croat users, at least in the beginning, are
Catalans, will directly help the Catalan people when Croat's value increases, because they were part of it
from the beginning (remember that 100 $ worth of Bitcoin bought in 2011 are worth over 400 millions in
2017). We'd be extremely proud to know that we have directly contributed to the economical wellbeing of our
people.
As most Catalan people, we, the developers, are very concerned about many causes that need help, such
as fighting inequality, unemployment, social exclusion of certain groups, people afflicted with rare diseases,
the environment, among many others. And we're sick of hearing promises and seeing governments and
institutions develop complex and useless programs which only waste precious resources and don't really get
to help those who are really suffering. Croat system will give us the best tool to be able to directly help some
of those in need. All of the pre-mined Croats will only be destined to ensure the continuous development of
the coin, to fund special actions consistent with our philosophy, and to help those in need. We have already
started by donating wallets with Croats to various foundations and organizations that fulfill these criteria. We
will continue to do so, and, for those which accept this, we will publicize these donations on our website and
on our social channels. Stay tuned to find out about our plans, some of them are really big!
Similarly to the idea that we want Croat to serve common people, we developed this cryptocurrency only with
the common people in mind. The user interface is extremely intuitive and easy to use. You don't need to be
an expert to get on board. With a few clicks, you can start mining and get your rewards in a very short time.
The algorithm we chose is the best for our cause. Why? Because it's ASIC-resistant. This sounds
complicated, but what it really means is that ANYONE can mine. You don't need to invest a lot of money in
specialized equipment. Just use your personal computer, install our client app, and you're good to go! Also,
it's ecological. Unlike Bitcoin mining, as well as many other cryptocurrencies, you won't need to spend huge
amounts of electricity to be able to mine Croat. Again, you'll just need a normal personal computer. This is
great for the planet, but also not bad for your own finances!
The Croat console and wallet software are currently available for Windows and MacOS, with a Linux version
in development and marked for release shortly. We're also working hard on a portable wallet app for both
Android and iOS, which will be available soon. In-depth technical specifications can be found here –
http://croat.cat.
Croat was launched without delay, which means that coins were not significantly pre-mined and the level of
difficulty in mining them is still low. This situation offers a distinct opportunity for those who missed out with
Bitcoin to get involved in a promising cryptocurrency in its infancy.
We are dedicated to building more apps for the platform, to increase usability and ensure flawless
functioning, as well as provide continuous updates and support. All members of the development team have
years of professional experience, enabling us to give the end user superior technical support and to create
industry leading software.
Croats can be used globally, in any country, at any time. Built upon public open source architecture, nobody
owns or controls Croat, and anybody can take part.
For those wishing to track developments and Croat news, please have a look at our website at
http://croat.cat, subscribe to our news feed and follow us on our social channels of Facebook and Twitter.
If you wish to discuss or promote Croat in the press or online, please find our press kit ready for this use at
http://croat.cat.
Now, that Croat is launched, we need your help!
• Most importantly, join the Croat community NOW. Install the Croat client and start mining as soon as
possible. The more miners we have, the better and stronger the system is and the sooner Croat will
reach tangible value. Also, the sooner you get on board, the more you'll be able to mine, given the
very low difficulty at the beginning.
• Vote for Croat to be accepted in the different exchanges we have applied to (more information on
our website). This will help us be able to exchange Croat for real money sooner.
• Follow us on our social channels on Facebook and Twitter and spread the word, either online or
among your friends. Croat is a great business opportunity, but not the kind that gives you an
advantage if you keep it to yourself! The more we are, the merrier!
• Ask you favorite stores and shops, especially local ones, to start accepting Croat as a means of
payment. The first businesses which start to accept payments with Croat will be acknowledged on
our website as early adopters forever!
Everybody gets a chance. It's up to you to not miss it!