Everyone wants to get rich rapidly, but few are willing to take extreme measures. #RichQUACK is a pun that mocks those who do nothing except sit about and hope that fate, other people, or even luck will give them all they desire in life. Prior to the team building RichQuack's many tools, #QUACK was first created as a meme, much like how doge was.
Since everyone must contribute significantly and spread QUACK like a virus for it to prosper, this project is community-driven.
How is QUACK put to use?
Staking
Staking for Levels provides a fair Guaranteed Allocation to each holder for use in funding activities. The GA model is separated into nine tiers based on how many QUACK you've wagered on RichQUACK. In addition, the team's incubatored and partner ventures give away free tokens.
Voting DAO
For a project to reach the launchpad, it must receive a large enough number of votes. Voting will be open up until right before the start of the IDO. A holder is only qualified to vote if they have 100B QUACK or more. Only the amount of QUACK that the investor has STAKEN will be considered in the voting.
Launchpad
Quack aims to build a fair, decentralised, multi-chain launch ecosystem to Assist CREATE Next-Gen products. QUACK is continually on the lookout for the best fresh projects to be released as a launchpad and incubator. Although anyone can apply, intending users must pass the KYC and QUACK Strict Quality Standard checks in order to reduce risk exposure for their consumers. This is presented in order to assess the value of projects.
One of the services they offer is funding, supporting, and consulting next-generation cryptocurrency startups from seed to beyond. Quack wants to keep in touch with a project even after it has begun. The team declares that its objective is to develop a project's vision utilising all of its resources in order to give it the credit it merits. In contrast to other people, QUACK chooses to WORK on the project they support.