CARDI（Cardinals）Project Analysis
1. Research Institute Review
There are 19,888 holding addresses, a total of 88,400 transactions, a liquidity pool of 1.4 million Dogecoin (worth 140,000 USD), and a 24-hour trading volume of 350,000 USD.
2. Recent Developments
Referring to the BRC20 token "ordi," the Cardinals protocol assigns a unique identity to each Elon unit on the Dogecoin network (1 Dogecoin = 100 million Elons). Cardinals attributes this identity through a process called "inscription," where text, images, audio, and video files are engraved on Elons, collectively known as Cardinals NFT.
3.Project Introduction
The Cardinals protocol assigns sequential numbers (called "Cardinals") to Elons, starting from 0 and increasing in the order of mining. These Cardinals bishops grant each Elon a unique identity. The act of engraving text, images, audio, and video files on Elons is referred to as "inscription," and all files engraved on Elons are collectively known as Cardinals NFT, primarily in image and text formats.
4.Token Utility
None.
5.Token Economic Model
Total token supply is 21 million, with 100% fair minting.
6.Investment Institutions
None.
7.Community
Twitter: 78,000 followers, Telegram chat group with 2,630 members.
8.Future Outlook
The Cardinals protocol, which involves numbering and transferring individual Elon units on the Dogecoin network (1 Dogecoin = 100 million Elons), was officially launched by the Dogecoin community Dogewow on May 9. The integration of the OKX wallet with the DRC protocol is expected to attract market attention soon.z
9. Project Highlights
The principle of Cardinals is to assign a sequential number to each Elon, starting from 0 and increasing based on their mining order. These sequential numbers are referred to as "Cardinals."
10. Special economic model
Buy and sell fees are both 3%.
Basic Information
Project Introduction: The Cardinals protocol is a system that assigns sequential numbers (referred to as "Cardinals") to Elons, starting from 0 and increasing in the order of mining. These Cardinals bishops grant each Elon a unique identity. Additionally, the act of engraving text, images, audio, and video files on Elons is called "inscription," and all files inscribed on Elons are collectively known as Cardinals NFT, primarily in image and text formats.
Token Full Name: Cardinals
Token Symbol: CARDI
Project Website: https://unielon.com/drc20/CARDI
Project Documentation: https://unielon.gitbook.io/unielon/cardinals-protcol/cardinals
Blockchain Explorer:
https://drc20.org/tx/30a24aa1578bd74340d90605fa8b5709e18ab9bebc87b90f3bbb02fcebcfa6d8
Liquidity Inquiry:
https://unielon.com/token/CARDI
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
Btok :https://s65535.com/CoinwExchangeEnglish
TG: https://t.me/CoinwExchangeEnglish
CoinW Institute
2023/12/12