Cats N Cars Whitepaper

Introduction

In the dynamic landscape of cryptocurrency, meme coins on the Solana blockchain have sparked a revolution. Yet, despite their popularity, many have experienced rapid pumps followed by a swift decline to oblivion. Cats N Cars introduces a novel approach, blending robust business principles with the engaging allure of meme culture — 99% business-driven with a 1% tribute to our theme of cats in supercars, ensuring this project is more than just a fleeting trend.

Building a Community of Passionate Enthusiasts

Cats N Cars is not just launching a token; we’re revving up a community. Starting in the US and Canada, we plan to bring together car enthusiasts and cat lovers. We will visit current Cars and Coffee events with our supercars and cats. With branded merchandise and presence at car meets, we aim to introduce cryptocurrency to a broader audience in a familiar setting to grow the CNC community. We welcome everyone to come join us and support us with the CNC graphics on your cars!

Cats N Cars at a Cars and Coffee Event

Token Overview

Name: Cats N Cars
Ticker: $CNC
Total Supply: 1 Billion $CNC

Distribution Strategy

• VIP Presale (10%): That’s 100 Million $CNC tokens chilling with the cool cats. Our early believers aren’t just anybody; they’re the big fish with diamond paws, locked in to play the long game.
• Marketing Wallet (20%): 200 Million $CNC reserved for high-value giveaways (cars) and promotional activities.
• CEX and Emergency Wallet (10%): Governed by multi-signature control to prevent unauthorized transactions.
• Liquidity Pool (60%): 600 Million $CNC designated for Raydium liquidity pools to ensure stable and healthy market conditions.

2% Buy/Sell Tax. 1% will be going directly back into liquidity, thus stabilizing price and allowing for the marketing wallet sells for giveaways. 1% will be going to the Core Team as payment for their work.

NOTE: There is no Dev wallet or Team wallet. The team will only be receiving $CNC from investing just like you! The Core Team will never participate or be allowed to win in any of the sweepstakes or giveaways.

Utility of Cats N Cars

1. Supercar Giveaways: Triggered at specific market cap milestones to encourage a stable price appreciation. Participation requires burning $CNC equivalent of 10USD at every Market Cap Goal. We’ll walk you through every step of the way so you don’t miss out. This is projected to be the best valued sweepstakes in the world. We have calculated it so that $15 at any market cap will get you enough tokens to enter the current sweepstakes and every sweepstakes afterwards with enough tokens to sell along the way to support your life’s other expenses.

2. Rewards for Active Participation: Incentives for users to help maintain the token’s price trajectory following significant withdrawals for giveaways. For example: luxury watch giveaways and entry multipliers after marketing wallet sells for cars. This offsets dips and keeps the chart trajectory upwards towards the next milestone, allowing you to accumulate more $CNC and greater chances to win!

3. Community Engagement: Enhanced through exclusive merchandise sales and special events, fostering a vibrant culture around our brand.

4. Fair Participation: Equal winning chances for all sweepstakes participants, whether they hold vast amounts or just the minimum required tokens.

5. Merchandise Incentives: Additional entries through merchandise purchases once market cap goals are met.

6. Long-Term Incentives: Designed to reward early supporters with entries into all future giveaways from modest beginnings to high-value assets like a Bugatti. We are still discussing what this could be, but it could be anything from vacations to luxury watches. We plan to engage the community to get feedback on where we want to go with this.

Financial Strategy and Tokenomics

- Transaction Taxes: A nominal fee of 2% on each transaction which will be divided as such: 1% to core team to help us do more cool stuff and 1% reinvested into liquidity ensuring long-term sustainability.

- Merchandise Revenue: ~50% of profits from branded apparel and accessories will directly support the liquidity pool as needed and any future giveaway expenses, enhancing the token’s market stability and ensuring the execution of giveaways.

- Transparent Allocation: Funds are meticulously managed to maximize community and investor benefits, with detailed disclosures on spending.

Token Burn

EACH SWEEPSTAKES REQUIRES 10USD IN $CNC BURN PER PERSON.

Token burns play a crucial role in the economics of Cats N Cars, acting as a deflationary mechanism that enhances the value of each token over time.

While token burning has been used in cryptocurrency as a marketing tactic for years, other projects burn tokens that were never in public circulation (tokens set aside without being bought). While this can be beneficial in the long term, it often serves merely as a tactic to reassure investors.

We are elevating token burning to an unprecedented level.

Here’s how it works: when participants purchase tokens to enter our supercar and hypercar sweepstakes, these tokens are subsequently “burned” and permanently removed from circulation. This reduction in total supply directly impacts the token’s scarcity. As the supply decreases while demand remains constant or increases, the price per token is likely to rise, according to basic economic principles.

What sets our process apart is that these tokens are purchased from the market at market price, which raises the Market Cap and price of the token, then they are removed from existence. They can never be sold to negatively impact our Market Cap. Essentially, this raises our floor price with each Market Cap goal.

To illustrate this with a hyperbolic example: imagine if 99% of the tokens have been bought and the Market Cap has reached 1 trillion dollars. If only 1% remains on exchanges and in circulation, and then all holders decide to burn their tokens, the Market Cap theoretically cannot drop below 1 trillion dollars. The remaining 1% could be purchased at extremely high prices for any sweepstakes, but since those 99% were never sold, they can never dip the Market Cap again.

This approach allows us to create a system that is not a pyramid scheme, but one that can continually ascend with Market Cap goals that elevate the floor price after each milestone. It also enables us to offer infinite giveaways as long as there is ongoing participation.

This kind of burn is revolutionary because there was never a compelling reason for so many people to relinquish valuable tokens — until now. With Cats N Cars, participants have a tangible incentive to engage in this unique economic model.

How we burn the tokens?

Since dead wallets don’t exist for Solana, we plan to have sweepstakes entries sent to a wallet designated for burn which allows us to track entries. Once all entries have been recorded and the sweepstakes is closed, we will burn all the tokens using https://www.soltokenburner.com/ to execute the burn.

Sweepstakes Process

1. Milestone Reached (for example 150M Market Cap), money is pulled from marketing wallet.
2. Cats N Cars will spend the next week finding the perfect car. In this example it would be (Lamborghini Gallardo)
3. Once car is purchased, then we open up access for sweepstakes entries.
4. Participants need to sign up on our website and make sure they are in a region where it’s legal to participate in such sweepstakes. A min $1 purchase (ex $1 downloadable item) is needed to gain access to the sweepstakes and to gain access to our sweepstakes software. Once you have a sweepstakes entry you can leverage our Token Burns Bonus program for 1,0000 bonus entries! The entry form will require you to enter your wallet address and personal information so we contact winners and use our Winner Verification process to prevent fraudulent entries.
5. Entries are 10USD equivalent in $CNC at given Market Cap. In this case at 150M you would need to send 66 CNC tokens to our burn wallet address.
6. We record all the wallet entries and give 1,000 entries per burn. There is a limit of 1 burn max per person per giveaway to keep it fair. We want to create an ecosystem where every whale is no more important than baby fish. Also we don’t plan to be like other sweepstakes offering bonus points after bonus points. Our bonus system benefits are for token holders who understand we are creating the most exciting giveaway program in the world. This is a buy and hold venue because… heck we may grow to giving away islands for all we know. Let’s have fun!
7. We will use a 3rd Party company to administer the sweepstakes to maintain government compliance in the US and Canada and for winner selection and notification. No purchase required to enter. See contest rules for more information. Burning tokens will be the cheapest way with the highest chance of winning.

Roadmap

For detailed milestones and deliverables, visit the Roadmap* on our website www.catsncars.com

Cats N Cars — Initial Milestone Giveaways

Why Trust Cats N Cars?

1. Doxxed and Transparent Team: Our founding team’s identity and background are open, ensuring trust and accountability. We will not only be available on VC’s but we will be at car events all over to meet up with us in person.

2. Commitment to Fairness: Ensuring every giveaway is conducted with the highest integrity, with winners receiving prizes in person.

3. Investor-Friendly Practices: No token allocations to team members — they participate as regular investors, ensuring alignment with community interests.

Market Strategy and Holder Incentives

• Market Stability Measures: Designed to minimize price dips and ensure sustainable growth through strategic buy-ins and rewards.
• Encouragement of Small, Long-Term Holders: We aim to cultivate a community of small investors who are incentivized to hold their tokens through continuous engagement and rewards. This is also why small investors and large investors receive the same number of raffle entries.

Challenges and Mitigation Strategies

Aware of the potential for market manipulation by swing traders since they would know our market cap goals. Our strategy includes proactive measures to promote buys and counter this such as short-term raffles and attractive buy-in options during market dips to reinforce price stability and maintain community trust. To give a more precise example: Let’s say just before 9.91M marketcap we see some swing traders exiting their positions. We can offer a 24 hours giveaway for a rolex to everyone that buys over 3 Sol to help get us over 9.91M marketcap so we can meet our goal. Then After the 9.91 the marketing wallet would have to make a sell to purchase the 991 Porsche. We would then offer 2x multiplier on entries to those that buy again and hold until the giveaway completion.

When a token holder burns their tokens to be part of a giveaway of their choice, this burn event is a price stabilizing mechanism built into our tokenomics. This will have a positive impact on price since the tokens were purchased pushing price up. Once burned, these tokens can no longer be sold or create downward movement of the chart. Think of it as buying a gift card from a company and you shred it. The company made the money and never had to exchange goods.

The Road Ahead

Join us on this exciting journey where passion meets practicality. Cats N Cars is set to redefine what a meme token can accomplish — fueling not just transactions but real-world connections and experiences. Our platform is not just about owning tokens; it’s about being part of a community that grows together and enjoys spectacular rewards along the way. Be part of this groundbreaking community.

Appendix:

Winner Authentication Process

You must enter your wallet ID and personal contact information on our Official Giveaway Entry page. You must meet all government regulatory requirements in order to be a winner. Some countries, locations, states, or regions do not allow raffle participation at the level we are doing. Please check that your country, region or state allows you to participate in sweepstake giveaways. We will be using a 3rd party to randomize entries and select a winner. Once a winner is selected, we will need to verify wallet identity to prevent wallet hijacking. At the time of the giveaway, we may have a more sophisticated method rolled out (currently in dev), but our backup approach will be to contact you and you tell us a random micro transaction that you will send to our winner verification wallet. Since this is recorded on blockchain, we can’t send you a transaction first or a scammer could easily see this information. Once we receive the agreed transaction (which could literally be a fraction of a penny) we will refund equal or likely a little extra because we want everyone to see the transaction on the blockchain to increase trust. Then we will work out all the details with you by phone. Hopefully you will agree to let us film you with a cat (or loaner cat) in your new car if that’s what you win. This will add more excitement for the community and also helps us to grow confidence in the future giveaways! Ultimately, this is going to become the highest rewarded community to ever exist! That’s our goal.

Authenticating contestants and winners

Raffle Rules:

1. wallet per person (yes of course you can create wallets for your friends and family as long as they are real people with a real valid ID and address)

2. All contestants must sign up on the website with real name and address and wallet ID.

3. The 10USD in $CNC must be sent from the wallet you have signed up with.

4. If you are the winner you will need to a small fraction of a sol from that wallet to prove it is your wallet.

5. You will then be required to show Identification so that we can handle delivery of the car or plane tickets to bring you in person to pick up the car.

If ALL 5 of the above are not completed, then we will go to the next winner on the list.

If you are located outside of the US, we can look into shipping the vehicle at the winner’s expense, purchasing a similar vehicle in country of the winner, or the cash out option.

All US taxes on the vehicles will be paid by Cats N Cars. Taxes outside of the US must be paid by the winner.

*Tokenomics, Market Cap Milestones and Actual Specs of Cars may be subject to change based on market economics and community feedback.