Token Cheetah: Empowering Endangered Animal Conservation through NFTs

What is Token Cheetah

Friends, today let’s talk about a blockchain project called Token Cheetah (abbreviated as CHTT). You can think of it as a “Cheetah Conservation Fund” in the digital world. The project’s original goal was to use blockchain technology to raise awareness about cheetahs and other endangered wildlife, and to contribute to their conservation efforts. It’s like a digital donation box, but with some special mechanisms to encourage participation.

Token Cheetah runs on the Binance Smart Chain (BSC). You can think of Binance Smart Chain as a highway, and Token Cheetah as a special vehicle on that highway, following the BEP20 standard—just like all vehicles must obey traffic rules.

Project Vision and Value Proposition

Token Cheetah’s core vision is very clear: it aims to become a global movement to protect wildlife habitats and raise awareness about wildlife conservation. To achieve this, it’s not just a simple digital currency, but also plans to create value through practical actions:

• NFT Marketplace & Conservation: Token Cheetah plans to build an NFT (Non-Fungible Token) marketplace. NFTs are like digital artworks or collectibles, each one unique. This marketplace will collaborate with global artists and photographers to create a database of NFTs about extinct and endangered animals. A portion of the proceeds from selling these NFTs will be donated to wildlife conservation foundations.
• Ecotourism: The project also hopes to establish strategic partnerships with tourism and wildlife park organizations, integrating the token with ecotourism, giving people the chance to experience and support wildlife conservation firsthand.
• Reward Mechanism: As an incentive, Token Cheetah holders even have the chance to win trips to northwest Africa to see cheetahs in person.

Tokenomics

Token Cheetah (CHTT) is designed as a “deflationary” token. A deflationary token means its total supply gradually decreases over time, which theoretically could increase the scarcity of each token.

Its main mechanisms are as follows:

• Transaction Fee: Every time someone trades CHTT tokens, a 2% transaction fee is charged.
• Burn Mechanism: Of this 2% fee, 1% is “burned”—permanently removed from circulation, like throwing money into a safe that can never be opened, reducing the amount of CHTT in the market.
• Holder Rewards: The other 1% is redistributed to all users holding CHTT tokens as a reward.

Regarding token supply, Token Cheetah’s total and circulating supply are both reported as 100,000,000,000 CHTT. However, some data sources also show its circulating supply as 0, which may mean the project is currently inactive or there are data update issues.

Common Risk Reminders

Friends, when learning about any blockchain project, we must stay vigilant, especially for projects like Token Cheetah—there are some very important risks to note:

• Questionable Project Activity: According to the latest information, Token Cheetah’s official website (tokencheetah.com) has been inaccessible since October 31, 2024. This is usually a very important warning sign, indicating the project may have ceased operations or been abandoned.
• Lack of Transparency: With the official site inaccessible, detailed official materials like the whitepaper are also unavailable. This makes it difficult to understand key information such as technical implementation, team background, and future plans.
• Price & Liquidity: Currently, many crypto data platforms show Token Cheetah has no real-time price information, or its price is $0. Additionally, its circulating supply data is inconsistent, with some showing 0. This suggests the token may lack trading activity and market liquidity, making buying and selling very difficult.
• Not Investment Advice: Blockchain and cryptocurrency markets are extremely volatile and risky. All the above information is for project introduction only and does not constitute investment advice. Before making any decisions, be sure to conduct thorough independent research (DYOR) and fully understand the potential risks.

Project Summary

Token Cheetah (CHTT) was originally a well-intentioned project, aiming to contribute to the protection of endangered wildlife through blockchain technology and a deflationary tokenomics model, with plans to realize its vision via an NFT marketplace, ecotourism, and more. However, based on currently available information, the project’s official website is inaccessible and lacks up-to-date activity and price data, strongly suggesting the project may be inactive or stalled.

For anyone interested in this project, it is strongly recommended that you conduct extremely thorough due diligence before considering any form of participation, and fully recognize the significant risks involved. Remember, cryptocurrency investment is extremely risky and you may lose all your investment. This is absolutely not investment advice.

For more details, please research independently.