Crypto College Coin (CCC)
Crypto College Coin (CCC) is a Cardano (ADA) based token used to participate in the Crypto College ecosystem.
Tokenomics
Chain: Cardano
Policy ID: 905da53004cfee0b8549285949aebedf82b5c6bb9a412cbd9658c6de
Asset: asset1gvs33gz6jykzuvhtun9cgvxzdr6trvdpqgq055 https://pool.pm/905da53004cfee0b8549285949aebedf82b5c6bb9a412cbd9658c6de.CCC
Use
Crypto College Coin ($CCC) is used as a means of currency within the Crypto College ecosystem and the Crypto's 1st True Commodity!. We operate within the entirety of the crypto-space across all chains. $CCC allows us to distribute rewards and design events around singular values. Expecting members to maintain a wallet across every blockchain to participate in events would be cumbersome. As yields from various chains are utilized for redistribution and events, Crypto College can consolidate funds into a single currency that is blockchain neutral.
Supply
1,000,000 CCC Tokens
Why 1 million tokens?
An exchange should feel like a tangible value is being transferred. This is not meant to be a meme coin where trillions are minted to mislead prospecting investors into thinking their holdings containing large volumes of a coin "may reach $1.00/coin". We want the value of CCC to reflect real world currency with an expectation of operating under a sub $1,000,000 market cap.
What is the anticipated value for $CCC?
We are anticipating the value of $CCC to reflect a real world 'ticket' or 'token' for an event. We expect a user to exchange 1.00 x $CCC for access to a specific event or to interact with the ecosystem. Our motivation and goal will be to make economic decisions that will keep $CCC within the $0.01-$1 range. E.G. If the token price becomes too high and eliminates accessibility to our members, we will increase the frequency of distribution events. If the token price becomes too low, we will increase the increase the frequency of burn events. *NOTE!* The $ value of CCC isnt as significant as other coins! Rewards are proportional to a stable USD amount. $CCC is intended to be a cyclical form of currency not a store of value. If $CCC goes down while you are in possession of it you are simply able to participate in MORE events. If it goes up the events become more frequent or with higher USD value of rewards.
Why Cardano?
Cardano's eUTXO model allows for extreme programmability and security. The universal epoch snapshot, delegation (ISPOs), and token distribution (dripdropz) nullifies the most common avenues of scammers. This ensures that our members can operate confidently and safely around our ecosystem. This combined with the ease of use of Nami light wallet, CNFT, and low gas fees allows for significantly easier onboarding of members with varying degrees of crypto experience.
How is the price of CCC determined?
CCCs price is determined by the (market cap)/(supply in liquidity pool). As NFTs are minted and fees are collected, funds will be added to the LP. This will be done as each wave of the NFT mints are completed. This will ensure the project becomes more resilient to price volatility as the market cap increases.
How is CCC minted?
All 1 million CCC tokens have been minted in a single token generation event and have been distributed to their respective wallets to be allocated for the various purposes (outlined below). Public addresses of these wallets are encouraged to be monitored as trust in the system is paramount.
Earn $CCC
Events will be held (raffles/lotteries/competitions) monthly in which $CCC is the prize reward. Members who possess an Undergraduate NFT or greater will gain access to a Discord bot that allows users to earn $CCC by completing RPG type missions, gambling, daily quests, and airdrops.
Allocation
100% ABSOLUTE FAIR LAUNCH!!!
We truly believe that crypto is a technology and not just a way to raise revenue. The $CCC token is a tool that allows Crypto College complete it's goals that would otherwise be unobtainable. This is why Crypto College or it's members WILL NOT be holding any of the tokens pre launch. 100% of the tokens generated will be added to the Liquidity Pool at which Crypto College will purchase their supply from. This is done both in fairness and to abide by SEC regulations. Our goal is for $CCC to become a great commodity used for trade and participating in events, not enrich 'privileged' investors or team members at the expense of our community.
How does Crypto College distribute its $CCC?
CCC is distributed by participating in community events, or completing challenges. $CCC distribution is governed by ecosystem expansion. (25% of all NFT sales go towards purchasing $CCC from the liquidity pool for allocations.)
Marketing
Discretionary funding for CC development and promotion. This includes (but not limited to) fees for token listings, partnerships, and social media expansion.
P2E Rewards
Rewards for P2E Game Competitions/Events.
Community DAO
Investing funds to provide utility to members such as (but not limited to) scholarship accounts for P2E games, land purchases in metaverses, and real world events
Team
Funds allocated directly to the admin team for maintaining and operating CC as salary and expenditures.
Events
Community events such as (but not limited to) brawls, lotteries, social media hunts, etc.
NFT Awards
Awards for holding Alumni and Graduate NFTs to be distributed every epoch (via drip dropz). Supply limited.
Reserve
Funds reserved for future projects or reallocation to any of the other pools.
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