📎Tokenomics

This page is to provide transparency and a better understanding of the full CCV2 tokenomics.

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The CryptoCart Token (CCV2)

Contract Address - 0x612e1726435fe38dd49a0b35b4065b56f49c8f11

Our contract address is the exact same on both the Ethereum Chain and the Binance Smart Chain.

https://etherscan.io/token/0x612E1726435fE38dD49A0B35b4065B56f49c8F11

https://bscscan.com/token/0x612e1726435fe38dd49a0b35b4065b56f49c8f11

Maximum Supply - 1,000,000

Circulating Supply - 808,000. This will continuously decrease as our CryptoCart Vault continues to accumulate supply from token and platform volume.

Buy Tax - 0%

Sale Tax - 2% is automatically transferred to the CryptoCart Vault.

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Team Tokens - 50,000. Since inception back in 2021, our team tokens have remained untouched and have not been required to cover any costs due to all developments being done in-house. https://etherscan.io/address/0xf5796eddcc7a1367faabb2717c35fe59eb5f030e

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CryptoCart Vault - 70,000+. This will continuously increase with token and platform volume. For more information regarding how the CryptoCart works, please refer below. https://etherscan.io/address/0x15e54c22f4195142222ed7130521e9636ec3ccec

💰CryptoCart Vault

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Reward Pool Tokens - These tokens are used to fund staking pools, cashback events, giveaways and tiered discounts. https://etherscan.io/address/0xb8640c968b7c99843ca1e8e1c934b4c08c5c4cde

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Token Distribution

On the topic of tokenomics, we thought it would be good to touch on our current token distribution, and give a little insight to the top wallets.

1. Uniswap Liquidity Pool

2. Rewards Pool

3. CryptoCart Vault

4. Tokens in our Ethereum Bridge to facilitate cross chain bridging.

5. Team Tokens

Wallets 6 - 10 are all community members that bought their tokens on the open market. As it stands right now, only 5 holders own above 2% of the supply, 6 holders own above 1% of the supply, and the rest is sub 1%. We have never had any type of investment from any VCs, nor do we have any token unlocks.

https://www.coingecko.com/en/coins/cryptocart

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Token Security

Security is a journey, not a destination. We'll continue to prioritize it in everything we do. Below you can find direct links to all security measures we've taken for our investors and users for safety, alongside building trust, preventing exploits, and locating vulnerabilities.

1. Multiple audits. With all developmental releases, we have everything auditted. For our token contract, we have had two audit reports which provides double assurances to our holders that our contract is secure and free from vulnerabilities. You can find both reports below:

• SourceHat - https://sourcehat.com/audits/CryptoCartV2/ -

  • No external threats were identified.

• 0xScans - https://github.com/0xScans/audits/blob/main/CryptoCart%20V2%20Smart%20Contract%20Audit.md

  • Post-renouncement, the CryptoCart V2 (CCv2) Smart Contract maintains a strong security posture. The concerns around centralization and authorization are no longer applicable. However, the low risk of front-running and other unchanged aspects of the contract's security should still be considered. The renouncement of ownership indicates a commitment to decentralization and immutable functionality.

1. Renounced contract. This means that there is no longer an owner that has control over the contract, nor can anyone call the centralized functions outlined in the audits above mitigating any risks.

Ethereum Renounced Contract Transaction - https://etherscan.io/tx/0xdb24a33da631312568a27a6204cdc18a7f376be6ed583a100eea51bbf54610cd

Binance Smart Chain Renounced Contract Transaction - https://bscscan.com/tx/0xea099473afc15ecf39d23b2df69b673ea1a6bb581b51e31f131bfaf86a5da71b

1. Locking Liquidity. Additionally to the two security measures above, we also decided to take the security measure to lock the liquidity for 257 years. The reason for locking the liquidity was not only to continue to provide security to our holders, but to demonstrate our commitment and continue to build trust within the community.

Ethereum Liquidity Lock Transaction -https://etherscan.io/tx/0x09a5ed798ceac3428962eb3b3104f7796a5246d4440ee5a0d6f8da19a6b70739

Binance Smart Chain Liquidity Lock Transaction -https://bscscan.com/tx/0x08cc254244736550604d08ffc13b242f928deb49dbfaa65cbfe5df326600f6c1