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NFTs from Mystery Boxes
Every NFT available on the platform is accessible via mystery boxes that can be purchased with Catboy tokens. Each of the mystery boxes will reveal a minted NFT card, one of the 18 cards that have already been minted. The 18 different characters associated with the CatBoy are shown on the NFTs, and the rarity rates are 50% (Common), 40% (Uncommon), 8.9% (Rare), 1% (Epic), and 0.1% (Legendary).
The NFT characters are inspired by the anime and manga world. The users will find characters like Saito, Arata, Shenji, Aki, Rikuto, and others. These differentiate according to their rarity levels and popularity. The price of the NFT increases with the increasing level of rarity.
The users can also mint the NFT characters from any wallet which supports the BNB token. This includes wallets like Metamask, Trust Wallet, and Binance Chain Wallet.
Staking and Marketplace Functions on CatBoy Token
The CatBoy community can gain from the tentative increase in the NFT value and from the staking mechanism. Users can buy CatBoy Founder Edition NFTs and CatBoy Profile pictures to get more CatBoy tokens. Here the users will stake the NFTs and not tokens.
On the CatBoy marketplace, users can sell or buy CatBoy Founder edition NFTs, Profile Pictures, and Chibi NFTs based on a decentralized system. Every transaction to buy CatBoy tokens and the NFTs are taxable to the amount of 11%.
This 11% tax is shared between the development team, liquidity pool, marketing team, and operational team. The development team will 1% of the transaction amount, and 2% of the amount helps with liquidity provisioning. 6% is spent on marketing that includes social media, Telegram, Twitter, Discord, YouTube, etc., and 2% of the transaction is kept for the benefit of the team.
To Sum Up
CatBoy is a community-first NFT project working on the principles of DeFi and...