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HomeCOINSWhat Is CAGE (C4G3)? Complete Guide Review About CAGE.

What Is CAGE (C4G3)? Complete Guide Review About CAGE.

What Is CAGE (C4G3)?

The cryptocurrency and decentralized finance landscape has burgeoned with a lot of meme tokens over the past few months, some with a few use cases and some created just for the meme of it. Most of these tokens tend to be a joke as they are basically created to be, beginning with their aims and visions. CAGE, a cryptocurrency started as a joke, has gained a lot of traction since one of the richest men in the world, Elon Musk, started tweeting and talking about it, hence helping it gain more publicity.

Doge, Shiba Inu and other new meme tokens have gained a lot of traction and most of them have even recorded higher ROIs than most DeFi blue chips. Meme tokens are currently the trend but what if they can have a meme token with more use cases and not just one to create a pump and dump like mostly see in this space. What if they can have one meme token that can be used to govern a Meme Token Index consisting of carefully selected meme tokens to stand with big brother Doge and to bring about high economic productivity to holders?

That’s CAGE are launching C4G3, a new decentralized finance meme token evolution. C4G3 is a decentralized ERC-20 token that will be used to govern the C4G3 ecosystem starting with the flagship Meme Token Index (CMI). Imagine having the opportunity to hold one meme token that represents and governs the Meme Token Index protocol that consists of top meme tokens including the governance token.

This provides a huge opportunity for investors interested in the meme ecosystem to utilize their resources to the maximum, be it time and money needed in chasing independent returns of meme tokens. Mostly, a lot of time and expertise are required in searching for the next Dogecoin or Shiba Inu, that’s why C4G3 is being created to make investing in the meme ecosystem easier.

CAGE Storage Key Points

Coin BasicInformation
Coin NameCAGE
Short NameC4G3
Circulating SupplyN/A
Total Supply100,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Background

Dogecoin was created in 2013 as a way to satirize the hype surrounding cryptocurrencies and as a sarcastic meme. During the 2017 cryptocurrency bubble, Dogecoin recorded one of the biggest gains during the run. This meme coin has over the years gathered a strong community around it and in 2019, the community voted Elon Musk as the CEO which he also accepted. In 2020, Elon Musk began to talk more about Dogecoin and it wouldn’t end there, he went on the SNL show to still talk about it.

This kind of recognition resulted in other meme coins getting launched, you can talk about the likes of Shiba Inu, FEG, Akita etc which have all outperformed a lot of coins. The C4G3 team also believe that one of the best marketing tools is using memes; few words speak a lot with memes. CAGE can build real solid products with a meme(s) at the core. The cryptocurrency space is maturing and evolving with time. While most projects are doing their part to help the space, also believe can create and increase economic activities with the launch of MEME INDEX.

Vision

With the exponential growth CAGE have witnessed in the world of meme tokens, it has become quite difficult to keep track, hence most investors are missing out on massive gains and the benefits that come with it. Your mission is to get one token to represent all the top meme tokens with the vision of creating one token to govern a digital asset index designed to track the performances of top meme tokens to provide an even platform for growth and for all holders of these tokens to benefit not only from price performance but also rewards that come with combining top meme tokens under one umbrella.

For one to be able to capture some of the high gains that have been produced recently by most of the top meme tokens, a lot of investment must be made; not only with money but also time and a bit of technical know-how. CAGE intends to simplify these into it’s token mechanism by using smart contracts to create a Meme Index Token that will index the top meme coins and capture some of their independent gains for the C4G3 community and holders.

Product

Cage Meme Index (CMI) This will be the first use case or product of the CAGE ecosystem. C4G3 is the governance token that will be used to govern the CMI protocol. The Meme Index(CMI) is a digital asset or token designed to track the performance of five tokens; four top meme tokens and a stablecoin.

Your Meme token, C4G3, brings together top meme tokens into the CMI to generate a lot of benefits for C4G3 holders by tracking performance of top meme tokens in the Cryptocurrency and Decentralized finance ecosystem. CMI will track meme token projects that have good long-term goals and show a commitment to ongoing maintenance and development. C4G3 holders are owners of the protocol.

Goverance

CAGE is a community owned project and after sometime the team will be implementing a governance system to give complete control of whatever has been built to the community. In the initial stages, the team will be in control of key sectors of the project, especially development, till a time when the team will relinquish control on the project into the hands of the community. The team will keep doing deep research into the best governance process that can steer the project forward and keep it in good hands.

Many DeFi platforms like Uniswap, Yearn, Compound among others have made decentralization a guiding priority and intend to follow in those footsteps. They want to see a future where CAG3 finally becomes a community-owned and run project with all proposals made and decisions voted on or taken solely by the community. They believe this is achievable and it’s one of your top priorities.

Nile
Nile
Nile Is Very Old Author At Wootfi Blog . We Loves To Write About Altcoin , ICO & Defi . In Free Time He Loves To Play Football .