ALL >> Investing---Finance >> View Article
Twenty Four Karat Inu: Focused To Bring Back Community Trust To Decentralized Finance
It is no secret that people are losing trust in DeFi. The shadowy nature of crypto can create a lack of accountability and oversight, making it difficult for people to not only understand, but also trust. Although, according to consumer data, crypto scam revenue has dropped 46% in 2022 we continue dealing with enormous sums of capital lost to bad actors within the space. To put it simply, people are becoming increasingly tired of being scammed.
Born out of the necessity to create a positive change in the space, Twenty Four Karat Inu was created to bring like minded individuals together to help facilitate accountability and responsibility back into the world of DeFi. Conceptualized by a popular developer who goes by the alias "Benjiro" and launched on the 27th of January, the Etheruem based token quickly acquired the attention of many highly respected creators in the crypto realm. The "KARAT" community (as they are called) quickly reacted to the seemingly perfect culmination of events and took to Twitter to spread the word. The tag "$KARAT" on twitter began growing increasingly popular and the community itself began using ...
... Twitter Spaces to grow greater awareness. A brand new popular Twitter Spaces show was even born out of the community, "The K1d and Walter Show". It was also soon realized that these two creators had been core team members of the original "Elongate" token team and had helped bring that project to over $700 million in market cap in 2021. All the correct ingredients seem to be coming together for KARAT to grow its community. In fact, interest in the community grew so rapidly that the token realized a market capitalization of nearly a million dollars within only the first few weeks.
The future plans for Twenty Four Karat Inu also line up quite well with the roadmap that was implemented by some of the largest community tokens alive and well today. Being fully renounced, it is a crypto meant to be spent and used in the same fashion as the well known Shiba Inu token. Driven entirely by community efforts, it has system of checks and balances that center around trust and transparency. Upcoming community built utilities looks to include high quality physical crypto apparel and also in the future introducing "community commodity rewards" such as physical gold. Being that Twenty Four Karat Inu is not a utility project in itself, these utilities would be side businesses created by the members of the community supporting the token, helping to drive further interest towards the token itself.
MEDIA AND SOCIAL
Tik Tok: https://www.tiktok.com/@twentyfourkaratinu
Investing / Finance Articles1. Algorithmic Trading: Harnessing Technology's Potential In The Financial Markets
2. Coinbase Introduces Bitcoin And Ether Futures For Institutional Investors On Derivatives Exchange
Author: Adam Gil
3. Swiftnlift Best Business Magazine/ Choosing A Personal Loan Lender In India
Author: Nilesh Sabe
4. Home Interor Design Tips-10 Inspiring Ideas For Decorating Kids' Rooms
5. What Are The Features Of Silver Etfs?
Author: Anand Srinivasan
6. 10 Tips For Achieving Financial Freedom In Your Personal Life
Author: Ankur Warikoo
7. Benefits Of Studying Abroad-top Ten Benefits To Pursue Higher Education Abroad: A Life-changing Journey
8. The Year 2023 Kicks Off With Significant Investments In Us Infrastructure
Author: United Bridge Partners
9. Why Should You Invest In Index Funds For A Longer Tenure?
Author: Anand Srinivasan
10. Vastu Shastra Tips-40 Vastu Shastra Tips For Home- For Better Life & Prosperity Part-ii
11. Vastu Shastra Tips-40 Vastu Shastra Tips For Home For Better Life & Prosperity Part-i
12. The Process Of Home Loan Approval In India
Author: Home Loan
13. Which Loan Term Is Best For You With Short Term Loans Uk?
Author: Jack Ryder is a financial adviser of payday lendz
14. How Can I Apply A Same Day Loans Online?
Author: Jockey Ferguson is a financial adviser of Fast Pay
15. Professional Loan For Doctors In Hyderabad All You Need To Know!