Dabcat ICO's Launch Date Set on 20 July
Dabcat's Initial Coin Offering (ICO), set to commence on 20 July 2024, ingeniously merges DeFi and memecoin elements to cater to the burgeoning demand for novel digital assets.
The ICO is designed to entice both retail and institutional investors, showcasing the project's broad appeal.
The presale phase, which runs from 3 June to 19 July, offers tokens at $0.01 each with a targeted fundraising goal of $490,000.
This presale has garnered substantial interest, indicating strong market anticipation for the project.
Token generation and distribution are scheduled for 20 July, with the $DABCAT Token presale being hosted on Token Tool by Bitbond—a premier platform for token generation and lifecycle management.
Bitbond Token Tool's smart contract templates have undergone rigorous auditing by CertiK, a leading smart contract auditor in the Web3 space, ensuring the highest standards of security and reliability.
The $DABCAT Token presale is safeguarded by a smart contract that allows purchasers to claim their tokens using the same wallet they employed for the purchase, once the presale concludes.
This seamless process underscores the commitment to user convenience and security.
$Dabcat Token Price: $0.01 (0.0000026 ETH)
$Dabcat Tokens will be sent out July 19th to all investors.
Token Sale Start Date: 2024-06-03 15:00:00
Token Sale End Date: 2024-07-19 15:00:00
Presale Token Supply: 49,000,000 (49%)
Blockchain: BASE Chain
Purchase Tokens with ETH (BASE)
Presale Token Price: $0.01 (0.0000026 ETH)
Minimum Investment Amount in ETH: 0.01 ETH
Maximum Investment Amount in ETH: 10 ETH
Soft Cap in ETH: 8 ETH
Hard Cap in ETH: 119 ETH
Token Name: Dabcat
Token Symbol: $Dabcat
$DABCAT Token Presale Link
Upcoming DABswap Platform Launch in Q3
The realm of decentralised finance (DeFi) is undergoing rapid transformation, and the forthcoming launch of DABswap in the third quarter of 2024 is set to leave a lasting impression.
As the dedicated decentralised exchange (DEX) within the Dabcat Ecosystem, DABswap presents a streamlined and user-friendly interface for the exchange of popular assets on the Base Blockchain, eliminating the need for convoluted pathways or multiple steps.
DABswap is designed to offer an intuitive trading experience, supporting a wide array of popular wallets such as Metamask, Phantom, Coinbase Wallet, WalletConnect, Trust, and Argent, among others.
This comprehensive wallet compatibility ensures that users can engage in trading directly from their preferred wallet, thereby enhancing the accessibility of decentralised trading.
As DABswap gears up for its eagerly awaited launch in the third quarter of 2024, the platform is poised to introduce substantial innovations to the DeFi landscape.
By simplifying the trading process, offering attractive rewards for liquidity providers, and guaranteeing competitive swap rates through sophisticated Smart Order Routing, DABswap is well-positioned to emerge as a prominent force in the decentralised exchange domain.
Introduction to the Dabcat Ecosystem
The Dabcat Ecosystem, inspired by the Dabcat meme, began with the introduction of its native token, $DABCAT.
However, it transcends the realm of mere meme tokens.
Built on the Base blockchain for secure transactions, the Dabcat Ecosystem has forged strategic alliances with K2 Asset Management and 3iQ, bolstering market confidence and stability.
The ecosystem is meticulously crafted to offer a comprehensive array of DeFi DApps and utility tools that prioritise security, augment trading capabilities, and empower users through the redistribution of 50% of its revenue to $DABCAT stakers.
Following the success of Bitcoin ETFs in Australia, Dabcat's distinctive blend of DeFi and meme coin elements positions it for market prominence, aiming to captivate both retail and institutional investors with enticing returns.
From the launch of the $DABCAT token to the development of its own ecosystem of innovative utility tools, with the community and token holders at the core, the Dabcat Ecosystem is a formidable presence.
In essence, it is a comprehensive ecosystem of DeFi tools that prioritise security, enhance trading, and incentivise user participation with rewards.
Dabcat posted a list of their main objectives:
Dabcat Ecosystem's DeFi DApps & Utility Tools
The Dabcat Ecosystem is the host of a robust suite of DeFi DApps and utility tools, constructed on the Base Blockchain—an Ethereum Layer 2 network.
The Base Blockchain harnesses the proven security and trust of the Ethereum Blockchain and integrates Coinbase's best practices to offer an optimal platform for the development of DeFi DApps and tools.
The forthcoming DApps and utility tools include:
DABswap: A dynamic DEX that enables users to swap assets and earn passive income by contributing to liquidity pools.
Staking dApp: Users can stake DABCAT tokens within this dApp, with 50 DABCAT Token stakers.
DABbot: An advanced Telegram Sniper Trading Bot that allows users to execute trades swiftly, directly from within Telegram.
Dabcat DAO: This grants users voting rights within the ecosystem, ensuring community-driven governance.
Dabcat NFT Collection: A curated, limited-edition series of Dabcat NFTs that confer benefits within our Metaverse Play-to-Earn Game.
DabcatVerse Play-to-Earn Metaverse Game: A virtual world built on The Dabcat Ecosystem, where players can engage and earn rewards.
The project listed their mission as:
“Our mission is to provide our users with easy-to-use, secure and advanced tools to enable swapping, trading, staking, engagement and more, utilizing our native token $DABCAT, as well as external tokens. Active participation in supporting our network is rewarded with cryptocurrency and other incentives through our intelligent staking mechanisms.”
Dabcat Roadmap
The Team Behind Dabcat
The Dabcat Ecosystem was conceived by a team of marketers and seasoned blockchain developers from Renown Digital Agency.
Renown Digital Agency's Socials
Website
X
Instagram
LinkedIn
With the addition of a talented development team and experienced elite advisors, Dabcat is poised to become a leading project on Base.
In addition, all DeFi DApps and utility tools within the Dabcat Ecosystem are being developed by their in-house developers and engineers.
The project stated in their whitepaper:
“…we aim to provide our users with seamless and groundbreaking technology that fuels mass adoption of the Base Network, establish the Dabcat Ecosystem as a trusted and recognised leader in the DeFi sector, and foster a thriving and engaging community.”
However, Renown Digital Agency's social media presence is abysmal:
- there are no posts on its LinkedIn account with indication that there is a 33% decrease in headcount in the last six months;
- its last Instagram post was 61 weeks ago talking about Bitcoin 2023 being held in Miami from 18 to 20 May;
- its last X post is on 24 April 2023
Another thing to note is that there are some tell-tale signs of who might be behind Dabcat.
On 8 July, Dabcat posted on X with regard to an interview with @icoholder to find out more about DABswap platform and other developments.
In the interview, @icoholder provided an in-depth exploration of Dabcat's ecosystem, demonstrating an insider's perspective.
Despite their apparent intimate knowledge, the interviewee's identity remains undisclosed.
Dabcat's Socials
Website
X
Telegram
Discord
YouTube
Investors Can Keep a Lookout for Dabcat's ICO on 20 July but Best to Wait
Despite limited information about the team behind Dabcat, beyond their affiliation with Renown Digital Agency, a full-service Web 3 marketing firm, the Dabcat ecosystem's foundation on the Base blockchain lends it some credibility.
Although still in its infancy, with its first X post on 11 April and a 10K following, Dabcat is making waves.
The ongoing pre-sale will conclude on 19 July, and Dabcat's innovative approach and strategic roadmap might position it as a potential notable player in the crypto market.
Coinlive advises investors to keep an eye on the ICO set for 20 July for a potentially promising investment opportunity and to see if it explodes on launch day as alluded by some, but, as always, exercise caution.