This is the next post at a place where we share analysis and opinions for interesting coins, tokens and pure gems in the vast landscape of the blockchain world. There's so many coins out there, but not a lot of free information (looking at you, paid groups) and analysis on them. The Scoop aims to change that by sharing and improving the data available for a given coin by focusing on evaluating instead of predicting.
It's "Smart Contracts for Everybody" as they say. CAT (Complex Automated Transactions) is a platform to make it easy to create and deploy contracts. No programming experience required. CAT tokens are used on the platform to fuel contract deployment and verifying third party marketplace contracts.
Informational video:
Beta is super slick:
https://beta.blockcat.io
Roadmap:
https://medium.com/blockcat/blockcats-road-to-beta-8626c16f5915
Keep CAT tokens in your ETH wallet.
Whitepaper:
https://blockcat.io/whitepaper.pdf
Github:
https://github.com/BlockCatIO
CMC says ~7m circulating with a total supply of 9m, so quite a low supply.
Stacked top to bottom with engineers and developers, along with some marketing and business folks.
More info:
https://blockcat.io
What motivates them?
20% pre-allocation for the team.
Reference:
https://hacked.com/ico-analysis-blockcat/
~22m with ~150k volume daily. That's a juicy cap!
Similar projects or target industry...
Besides the excellent ticker? It's actually trying to do something that one can see will be around in the future. The biggest barrier to entry into the Ethereum side of crypto is you must have some technical expertise to properly write a smart contract. If BlockCAT makes it simply enough for anyone to use.. watch out.
Pros
Cons
Delivering on the roadmap items earlier than expected would definitely be a plus. We all know great projects take time, but one doesn't want to wait for competition to gain foothold. 2018 is an important year for the 'CATs.
Today, Cryptopia sees most of the volume. But, an (unconfirmed, and blog content is no longer there, if it ever was) little birdy says it may get more volume soon...
And remember, the ticker is BKCAT on 'topia.
https://coinmarketcap.com/currencies/blockcat/#markets
Based on the FA, CAT looks like a low to medium risk with high reward potential if they continue to deliver and catch on. Picking it up under 25k sats would be bargain or around $4 - $5 would be an upper entry while still expecting solid, crypto-style gains.
And that's your scoop!
