Ragdoll Cat NFT is a new project that wishes to create a long-term link between cat lovers and the crypto community. The team is designing an ecosystem that wants to captivate the market through a series of features.
Intending to provide an impartial overview, our team has reviewed Ragdoll Cat NFT, and this article shares the details of our analysis.
Ragdoll Cat NFT: A Look at the Project’s Ecosystem
The project takes inspiration from ragdoll cats, a feline breed created by Ann Baker in the 1960s. If we wanted to sum up the project’s ecosystem, we could mention the following pillars:
- The team wishes to put an NFT marketplace at its core, giving a chance to traders to distribute lifetime royalties.
- Thanks to the Live Cat Marketplace, it will also be possible to adopt cats and put them up for adoption.
- The project will also provide a staking experience to anyone wishing to enhance the amount of RDC tokens they own.
These three components will all rely on the growth of an online community of investors and cat lovers. Let us look at these features in the following sections.
Trading NFTs
It is the goal of Ragdoll Cat NFT to serve as a beginning point for those who are already familiar with NFTs and those who are interested in producing, acquiring, selling, storing, and collecting digital assets.
One-tenth (10%) of every NFT sale is sent to the admin wallet, while the seller's wallet receives the largest part of it (80%). A total of 5% of the total will go to the Creator wallet, with the remaining 5% going to all previous holders.
The latest percentage we mentioned above implicitly means that NFTs can enable traders who once owned an asset to obtain an income even from its future sales. You can think of this aspect as a chain of owners with a propagating share in a part of future transactions.
A goal of the team is to provide passive income through delivering access to the NFT world. Consider NFT marketplaces as the eBay of the digital world to give you an idea of what we're talking about.
The Wish to Dream of a Large Community
The group's mission is to bring together all of the world's cat lovers. They advise joining their project to anyone feeling an affinity for these feline friends.
Ragdoll Cat NFT plans to develop a community of cat lovers who can share thoughts and feelings about their furry companions.
Cat Adoptions
The aspirations of the group are not restricted to the NFT region. "Live Cat Marketplace" is an online marketplace for Ragdoll Cats that strives to find permanent families for abandoned cats.
According to the project's website, this feature aims to serve as a one-stop-shop for cat enthusiasts looking to adopt. You can use this gateway to find a home for a cat in need or advertise a cat for adoption.
The Chance to Stake Crypto
Another important thing about this project is that Ragdoll Cat NFT has joined the staking bandwagon. The project’s native coin (RDC) will allow traders to stake money and see their token balance increase over time.
The prospect of generating a passive income in a market as unpredictable as the crypto market has attracted many skeptical investors over time. Techniques such as yield farming and staking, for example, have amassed a substantial amount of cash since their inception.
Understanding the RDC Token
RDC will have 21 billion tokens at the debut and run on the BNB Chain. In terms of token allocation, here is what the team decided:
- Private pre-sale rounds will receive 20 percent of this total.
- The public pre-sale rounds will receive 34.29 percent of the supply.
- Giveaways will see the use of 7.09 percent of the tokens.
- Market liquidity will be able to use 24.34 percent of the RDC amount.
- Finally, the remaining 14.28 percent of the tokens will be equally split among marketing operations and funds to the development team.
There will also be an airdrop of 300,000 RDC available through the initiative, and each investor will only be able to claim this prize once.
Regarding the private pre-sale mentioned above, the operation will be divided into three stages, each with a specific bonus structure:
- There is no incentive for 0.05 BNB.
- With a 0.10 BNB deposit, you get a 10% bonus.
- The bonus is set to 20% at BNB 0.50
- Paying 1 BNB gets you a 30% bonus.
- The bonus is 40% at 5 BNB.
- For 10 BNB, you will receive a 50% bonus.
With the aim of making the token economic framework sustainable, each transaction will see the application of a 9% tax. The proceeds of this fee will fund the buyback system (3%) and the auto-liquidity mechanism (2%), with the remaining amount going to marketing campaigns and the project’s team (4%).
During the pre-sale phase of this token on PinkSale (expected to open on May 9th), the soft cap will amount to 300 BNB, and the hard cap will be set to 600 BNB. The team expects to close this operation in a few days before officially launching the token on PancakeSwap.
Pre-sales will be open to the general public, with 71% of the available liquidity will be locked away for a year at a minimum purchase of 0.10 BNB and a maximum purchase of 3 BNB. On the day of the PancakeSwap debut, the price will rise to 10 million tokens from the current public price of 1 BNB = 12 million RDC, the company has notified investors.
Future Developments
The group decided to make the project's route plan publicly available for openness. As described below, Ragdoll Cat NFT is expected to go online in three stages.
First Phase
The first phase of the project consists of all the actions necessary to assist the team in launching Ragdoll Cat NFT on the market. The following are among the most notable aspects to note down:
- Project Concept
- Whitepaper
- Early Marketing Plan
- Community Event
- Awareness Campaign
Second Phase
There will be a second set of milestones to be executed after the initial stages, such as:
- Audit and KYC
- Referral Contest
- Marketing Campaign
- Pancakeswap Launch
- Staking Platform Launch
- Cat Lovers Community Launch
Third Phase
The final phase of releasing the project to the market will include the following:
- CoinMarketCap & CoinGecko Listing
- YouTube Promotion
- Centralized Exchanges
- Continuous Content Release
- Regular Buyback
Bottom Line
The Ragdoll Cat NFT project will soon enter the market with its recipe that mixes crypto enthusiasts and cat lovers. The ecosystem designed by the team includes features that are imagined to attract both of these worlds.
The initiative's founders invited everyone to follow the project on the social networks below and on their website to stay up to speed on the latest developments.
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