Currently, the $Cat token of the Cat20 protocol has a progress of 41.5%, and the holding address is 17359. Based on 1500 Gas, one FB can be used to issue 18 $Cat tokens, with a cost of 0.056FB per $Cat token. If FB is calculated at 25U, the cost of one $Cat is about 1.4U.
Currently, proxy trading platforms have begun to appear in the market, such as the Bitatom platform, which can check the progress of $Cat and query the number of tokens through the address. The new issuance function is under development. Currently, the new issuance mainly depends on the installation of infrastructure. Transfers are also possible, and you can transfer money using the command line.
Bitatom website: https://cat.bitatom.io/
As for the $Cat token of the Cat20 protocol, no one can tell what will happen to it in the future after the fight is over. I personally think that it is worth participating in new things if the cost is not high.
There are several ways to participate:
First: Spend some time to build the infrastructure, and then you can buy new stocks yourself. Of course, this process may require a little bit of programming skills and patience.
Second: Go to a reliable proxy and transfer the FB tokens to the other party, who will help you to buy new shares. They usually charge a 20% proxy fee.
Third: Go to an off-site group to pick up some goods. The current price of an off-site group is about 3~5U.
Fourth: Wait patiently for the new stock issuance tools to come out on the market, and then you can do it yourself.
New protocols, new opportunities, you can participate with a cost you can afford to go to zero, but remember not to FOMO, in this circle, the opportunities are huge, don't get too excited, investment is risky, Dyor