Exciting news, Cutoshi family â WE ARE GOING VIRAL!
Yesterday we found out that we were trending on X, both in the US and Worldwide.
This means thanks to you, our community, posting, commenting, and tweeting about us, MILLIONS of people around the world have now had the chance to find out about our project.
The way to success in crypto, especially as a meme-based project, is through being well-known and trending. And itâs clear that the word is spreading about our Lucky Cat memeFi movement!
And with that, so is our community of investors, as we raised about $100k in less than 24 hours, taking our total raise so far up to 843,000 dollars.
We received the top spot in X worldwide, categorized as Business and Finance â showing that people see us as more than just a memecoin, and rather as the hybrid DeFi ecosystem we are creating.
This means that like us, people in the US and around the world, are excited and motivated by our vision to build an inclusive space where anyone and everyone can benefit from DeFi.
The fact that âDeFiâ was also trending so high is another great sign that people are super interested in what we have to offer.
If youâre reading this, you probably know what DeFi aka Decentralized Finance is all about. But sometimes we enthusiasts can forget how new DeFi is to most people.
So for those who arenât sure or want a recap, DeFi is, on the face of it, an alternative to CEXes (Centralized Exchanges like Binance, Coinbase and Bybit) and also the wider world of Centralized Finance (CeFi).
You can stake for passive income, or provide liquidity to receive a share of the fees, and many more ways to make money.
What are some of the problems with CeFi?
Centralized Finance is the way that we have always been doing things, where central banks set monetary policies, and governments control what you can and canât invest in.
Remember the FTX scandal? Or Celcius? Voyager Digital? Or Three Arrows Capital?
Investors using these centralized protocols lost a lot of money because they didnât own their wallets.
Thatâs one big problem with CeFi.
This could include anything from the Bloomberg terminal which costs $1000s per month to get financial info before the public gets it, or special asset trading and interest rates reserved for those with high capital.
Why Cutoshi is the Answer
#Cutoshi isnât the first decentralized ecosystem, in fact, there are many, on various blockchains, from Ethereum, Solana, Cardano, BASE, and pretty much most blockchains you can think of.
But what makes Cutoshi stand out from the crowd is its meme appeal and ease of use.
With all those blockchains, things can get very confusing, especially for those just dipping their toes into the world of web3.
The Cutoshi DEX will make that easy by offering a cross-chain exchange, so you donât have to worry about bridging and other slow and complicated issues.
And we will also offer you the option to trade directly with other people â aka peer to peer trading. This provides the highest levels of privacy and autonomy and embodies the principles of our hero, Satoshi Nakamoto.
More than that, Cutoshi is fun and community-based, and with a learning academy, which means that we are creating the perfect space for people to learn about DeFi, in an easy-to-understand way.
X: @CutoshiToken
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