Multi-Utility Project Leaps Into Web3 With the Launch of dApp
CoinEdition
Published Mar 01, 2023 02:12AM ET
Updated Mar 01, 2023 02:30AM ET
Multi-Utility Project Leaps Into Web3 With the Launch of dApp
- Shibcat, a multi-utility BEP-20 token project, has announced that its dApp has recently become fully live and operational.
- The project announced that the dApp will include features such as pool, limit, cross-chain, bridging, staking, farming, and more.
- Shibcat also pointed out that a decentralized autonomous organization (DAO) takes the legislative and executive decisions.
Many companies in the crypto space are making a move towards Web3 by adopting various technology such as AI, machine learning, semantic web, and more. One such company, Shibcat, a multi-utility BEP-20 token project, has announced that its dApp has recently become fully live and operational.
The multi-utility crypto project announced that the dApp will include features such as pool, limit, cross-chain, bridging, staking, farming, earning, lottery, DAO, and Locker.
Elaborating about the Shibcat’s dApp, the representative of the project, stated:
The Shibcat dApp allows investors to buy crypto of their choice from the Binance Smart Chain (BSC) or Ethereum Blockchain. The project permits inter-blockchain communication and asset transfer between leading blockchains like Binance, Ethereum, AVAX, and others.
Shibcat also promised that the dApp will ensure that the traditional lottery systems have been digitalized and decentralized while updating their operation method with the latest betting platforms.
“Shibcat dApp offers great earning opportunities. By staking their tokens on the exchange, investors can secure great sources of passive income,” Shibcat’s spokesperson stated. “Newbies in the crypto sector with limited knowledge of assets can improvise the value of their assets by opting for the ‘Earn’ option on the dApp.”
Highlighting its community-driven goals, the project also pointed out that a decentralized autonomous organization (DAO) takes the legislative and executive decisions.
Currently, Shibcat also utilizes AI chatbots and image bots in its telegram group chats to ensure the seamless functioning of its different systems. While AI bots are an integral part of their projects, Shibcat has branched out to various fields such as NFTs, swaps, games, and more.
Shibcat is just one example of a project that incorporates AI into its system. There are still many projects that have made use of AI to benefit individuals and organizations in the crypto sector.
The introduction of AI and blockchain has opened the doors for diverse projects such as automated crypto trading, AI cryptos, and more. The growing interest in this new tech is evident as traders bought AI cryptos en masse during the recent surge.
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