Everyone and their mother is shilling their coins these days. SHIBA INU, DOGE, MILF – gold rush fever is the epidemic that’s spreading throughout the crypto space.
This fever is exciting, infectious, and understandable. After all, a $100 bet can turn into $1,000 or even $10,000.
So because the market is being at a standstill these past two months, I’ve decided to throw a little bit of money into riskier investments.
Low Cap Coins!
These are the projects that have yet to get off the ground. There are plenty to choose from and they’re at cheap cheap prices. But not all of them are diamonds in the rough. In fact, most of them are scams and Ponzi schemes.
And while some people have smartly entered and exited these shitcoins at a profit, I prefer to put my money on something that at the least has a promising pitch.
I’m fine if a project fails because there’s no demand for what it’s trying to do. I'm not fine however with being rug pulled.
After a bit of research, my low cap coin pick is Cheecoin.
Why Cheecoin?
Cheecoin has big dreams on where it wants to go. There are plans for mobile games, animated kids TV series, and AR NFT apps. But what has me most excited is the NFT Marketplace.
The team behind Cheecoin has what it takes to be a top dog in the NFT space.
Its founder, Brendan Oneil, is also the founder of Bonfire VFX, an award-winning Visual Effects Studio that has created ads for big brands like Subway, Burger King, PayPal, Nordstrom, and Best Buy. Bonfire VFX will be one of the studios providing NFTs to Cheecoin.
Cheecoin’s Lead NFT Artist & NFT Dev is also an impressive member of the team. A quick look at Demian Gordon’s imdb page shows that he has worked on some big projects like Dawn of the Planet of the Apes, The Amazing Spiderman, Hancock, I am Legend, and Beowulf. His LinkedIn page reveals that he has over 12 patents in the Motion Capture field and that he’s the Virtual Production Supervisor for DreamWorks Animation.
Besides Bonfire, Cheecoin is also partnered with Juice. Juice is a full-service Visual Effects & Sound Studio with strong branches in VFX, animation & design. They worked on NETFLIX’s series The Liberator, an animated miniseries about World War 2. They have also created award-winning ads for Nike, Coca-Cola, BMW, Dolby, and other companies.
In short, these people know their shit when it comes to creating pop art. They have the know-how and the network of successful artists to create a cool NFT marketplace.
Now, does that make it a certainty that they’ll blow up? Of course not.
But I like that I’m investing in a curated NFT marketplace, with battle-tested artists so to speak, instead of an open marketplace like OpenSea where anyone can create their own NFTs.
Don’t get me wrong, there’s some great art on those platforms. But there’s also a lot of junk.
Having a curated NFT marketplace ensures high quality and it is one of the reasons why I’m excited about Cheecoin.
Tokenomics
The tokenomics of Cheecoin is also appealing for patient investors.
A 9% tax is applied to every transaction. 4% of that is given back to holders which means you are earning some type of passive income just by holding CHEE in your wallet. Another 4% is sent back to Pancakeswap Locked Liquidity pool and the last 1% is sent to the charity wallet.
There’s also a 10% sell cap to dis-incentivize pump and dumps or massive sell orders. That means you can only sell a maximum of 10% of your bag at one time. This leads to a more stable price, something I think is advantageous for new projects.
I also invested a small amount of capital so this doesn’t turn me off that much. Once the price has bumped high enough, I’ll pull out my capital and ride my profits. Nevertheless, the sell cap is something you should consider if you’re looking to jump in.
DANZEL-Pump It Up
Brendan Oneil is active on social media. He posts video updates almost daily. And maybe because this is a new project and he's not super tied up, he is also quite active on Telegram.
Just yesterday, he shared with the Telegram group that he has a meeting with ChainLink this Friday. That’s big news!
Now, will that lead to something good? Who knows... but being in on what’s happening makes me excited. I get to see that they’re making moves and that they’re making progress.
Cats
Remember that 1% of the tax that’s used for charity? Well, each month a % of the charity wallet will go to vet costs and the healthcare of rescue animals as well as families in need of veterinary care.
Currently they’re partnered with Little Wanderers NYC to save cats in need.
I love cats. I have cats. A lot of them. 'Nuff said.
A Few More Reasons Why I Like Cheecoin:
- They have been audited by TechRate
- The team is doxxed and have transparent communication
- Big plans in the future. Wallet, Mobile Game, AR/VR projects in the works.
- Great branding. Their logo and mascot Chee is great imo.
- Fun team. A dev tattooed CHEE's contract address on his shoulder.
NFTs are a relatively new scene. I have confidence that Cheecoin will carve a place for themselves in this niche. Leave a comment down below if you agree/disagree/want in on CHEE!
DYOR
Website: https://cheecoin.com/
CoinMarketCap: https://coinmarketcap.com/currencies/cheecoin/
Twitter: https://twitter.com/Cheecoin
Telegram: https://t.me/cheecoin
Github: https://github.com/cheecoin
Buy: https://cheecoin.io/#/swap
https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x93e24685e41ca82fd7a66a69c64f3decac789281
