Fully Diluted Valuation | $25.44M |
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24H Trading Volume | $60 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 212.33M |
Total Supply | 440.00M |
Max Supply | 440.00M |
Categories | DEAD 1 more |
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Founder | Sven Wenzel |
Website | castellocoin.com |
Socials | 2 more |
Chains | Ethereum Ecosystem |
Explorer | Ethplorer 1 more |
Contracts |
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Name | Pair | OG Score |
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In the context of the CASTStudio project, Castello Coin (CAST) emerges as a native hybrid utility/payment token, designed to establish a digital ecosystem that aims to reconcile aspects of traditional and modern paradigms. This article provides an objective analysis of CAST Coin, elucidating its functional aspects and developmental trajectory within the cryptocurrency landscape.
Functional Role in Transactions:
Within the CASTStudio ecosystem, CAST Coin operates as a utility/payment token, facilitating various transactions and interactions on the platform. Its primary role lies in providing artists with a means to showcase their work through Non-Fungible Tokens (NFTs), enabling a broader audience reach and redefinition of artistic boundaries.
Distinctive Integration of Physical Artwork:
An inherent feature of CAST Coin is its association with a unique physical artwork, representing a distinctive approach in the cryptocurrency domain. This physical manifestation serves as a bridge, linking the digital asset to the traditional world encompassing finance, investment, and art. The inclusion of a physical artwork symbolizes the distinctiveness of CAST Coin and has the potential to enhance its recognition.
Evolution and Technical Developments:
Introduced in July 2021 as part of the CASTStudio project, CAST Coin has undergone iterative developments to bolster its technological infrastructure. Noteworthy initiatives include smart contract audits conducted by Certik and Byterocket, along with the deployment of a decentralized application (dApp). These efforts underscore the project's commitment to technical robustness and security.
Governance Mechanism and Community Trust:
Functioning as the governance token of the Castello Ecosystem, CAST Coin allows token holders to participate in the Castello Coin DAO. This governance structure fosters a decentralized decision-making process, aligning actions with the collective interests of the community. The emphasis on decentralization and a democratic approach contributes to building trust among community members.
Global Recognition and Virtual Engagement:
The unique integration of CAST Coin with a physical artwork positions it for potential global recognition, facilitating its acceptance in both the cryptocurrency and traditional spheres. This recognition also cultivates an emotional connection within the virtual market, marking an additional facet of CAST Coin's positioning.
In summary, Castello Coin (CAST) represents a cryptocurrency project with distinct attributes, harmonizing traditional and modern elements. Its functional utility within the CASTStudio ecosystem, coupled with the inclusion of a physical artwork, underscores its potential impact in the evolving landscape of digital assets. An objective analysis reveals CAST Coin as a project navigating the convergence of tradition and innovation within the cryptocurrency domain.
Castello Coin (CAST) distinguishes itself through its integration with a unique physical artwork, positioning it as the first cryptocurrency to achieve recognition through a tangible art piece. This distinctive feature serves as a bridge between the traditional and digital worlds, fostering global recognition and acceptance.
Castello Coin (CAST) was initiated as part of the CASTStudio project, formed by HoGA Capital AG in July 2021. The founders and driving forces behind the project are the visionary minds at HoGA Capital AG, guiding the platform's evolution and innovative approach.
Castello Coin (CAST) is a product of HoGA Capital AG, suggesting that the financial and strategic backing comes from this entity. The project's credibility is further reinforced by the completion of smart contract audits by Certik and Byterocket.
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