BitCats Heroes is the first NFT collection released with the Cashtokens upgrade, days after Emerald DAO exhibited the new Bitcoin Cash capabilities.
Joemar Taganna (founder of Paytaca) is leading the team behind BitCats and plans to use the funds collected from the mint for Paytaca's further development.
So, with BitCats, we have a team with years of experience in Bitcoin Cash backing this project.
Just a reminder, I have no connection, sponsorships (except those on read.cash), or private agreements to advertise this or any other project.
I am writing about new development and analyzing the investing potential while also mentioning issues and red flags that may emerge.
Everyone should always DYOR (do your research) and invest accordingly.
WELCOME TO BITCATS HEROES
How To Mint CashTokens NFTs:
I have created a guide on minting NFTs, which I will update as new methods appear. Read here:
BitCats Heroes
Paytaca is the first mover in CashTokens and gains a competitive advantage by being the first service to implement Web3 capabilities in its wallet to support Cashtokens on Bitcoin Cash.
Moreover, the same team released the first collection of NFTs (10,000) with a mint option.
Each NFT costs 0.065 BCH ($7,5 approximately).
In case all of the 10,000 NFTs are minted, the collection will generate 650 BCH for the Paytaca team to fund further developments of their products.
Minting BitCats
Having successfully connected Paytaca's Chrome extension, we can now mint BitCats (and any other Cashtoken NFTs).
The mint process is instant. The artwork is excellent and unique (not cloned). Artists who worked on Spice NFTs (smartBCH)
The minting process is rolling steadily, with 328 out of 10,000 NFTs minted at the time of writing.
We don't have rarity statistics yet, but we should be expecting them since there are rare features in some NFTs upon examining them.
The team will also release a roadmap (within the following week), planning to create additional use cases for BitCats.
After using the platform to mint several NFTs, we may need to consolidate UTXOs to use the remaining balance.
Emerald DAO is offering this service which will cost an insignificant amount in BCH fees.
Read more about Emerald DAO here:
With this occasion, also mint an Emerald DAO NFT, which will lock 0.1BCH for one year in the contract.
[Update May 30th]:
The mint proceeds slowly but steadily. Soon Paytaca and other services will allow minting and interacting with CashTokens Web3 on mobile.
Currently, 626 out of the 10,000 NFTs are minted, with 9374 available.
A slow process, but it also means there is no foul play by the team like those we've witnessed in previous years buying their own NFTs massively to generate hype and then dumping them at half the price at marketplaces.
The team behind BitCat Heroes consists of professionals with a reputable scientist (Dr. Joemar Taganna)
Besides the BitCat Heroes collection, a few more are expected soon. The next few months will be decisive on the fate of such projects on Bitcoin Cash.
Closing Thoughts
I have minted 12 BitCats NFTs and I will probably mint a few more.
As CashTokens platforms slowly attract new users, we should be aware of the threats that will emerge.
Investors should be aware of the red flags, and when feeling uneasy with explanations they should invest accordingly (or not at all). I've expressed my concerns here: Investing Risk (Scams That Will Emerge) and will treat each development accordingly.
BitCats Heroes is a positive development and more CashTokens apps and projects will follow.
The new beginning of Bitcoin Cash with Cashtokens will probably take a few months before lifting off and fully demonstrate the new upgrade capabilities.
Useful links:
BitCats Heroes
Paytaca Wallet (with fixed mint bug by mainnet_pat)
Emerald DAO
CashTokens Web Wallet
CashTokens Official Website
CashTokens on Reddit
CashTokens on Telegram
Bitcoin Cash (info)
Bitcoin Cash (org)
Bitcoin Cash (CoinGecko)
- Cover picture on Pixabay by geralt (background), images from BitCats NFTs
Also Read:
How To Mint Cashtokens NFTs
Emerald DAO: Exploring The First CashTokens DAO and NFT!
What Is Cashtokens? A New Dimension For Bitcoin Cash
Bitgree, A New Cryptocurrency Marketplace - Buy Anything With Bitcoin Cash!
Images, and material in this article are used for research, and educational purposes and fall under the guidelines of fair use. No copyright infringement intended. If you are, or represent, the copyright owner of images used in this article, and have an issue with the use of said material, please notify me.
Not Financial Advice
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Originally Published at: read.cash
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