Token Evaluation

Evaluation of the CAT20 Beggy Token

October 9, 2024

This evaluation provides insights into the value of the CAT20 Beggy Token, which is based on the success of the Beggy Ordinal Collection and future developments within the Beggy ecosystem.

Step 1: Evaluation of Beggy Ordinal Collection

• Beggy Transaction and Performance (ME + OKX)

• Transaction volume: 2619

• Market volume: 0.44 BTC

• Average trading floor price: 0.00016 Btc

Beggy Collection Overview

• Total supply: 2888

• Actual Market cap estimation: 0.47 Btc

Additional Factors for Beggy Collection

• Unique Market Position

• First mover advantage: CAT20 is the only original protocol on the Fractal Bitcoin blockchain, giving it a unique position to dominate the emerging Fractal ecosystem.

Staking and Gaming Incentives

• Staking and Gaming Incentives

• Long-term rewards: 85% of the total CAT20 supply will be gradually distributed for staking and gaming rewards, ensuring a long-term value proposition for holders.

Comparisons and Projections

CAT20, as a new protocol on Bitcoin’s Fractal blockchain, holds a potential similar to BRC20 and Rune. These protocols have demonstrated how native Bitcoin token standards can grow within their ecosystems, paving the way for CAT20 to experience significant adoption as Fractal expands.

Community and Growth

With X 13k followers and increasing engagement, CAT20’s community-driven growth is poised to fuel its long-term success, particularly with the introduction of staking, gaming, and future partnerships.

Final Evaluation of Beggy Collection

Future projected market cap of Beggy Collection with a multiplier of 10: 4.7BTC

Step 2: Evaluation of CAT20 Beggy Token

CAT20 Token Overview

Total token supply: 21M

Circulating supply: 15% (3.15 million tokens) with the rest reserved for staking and gaming rewards

Revenues generated by CAT20 Minting and Trading Platform

The revenue from transactions will support CAT20’s long-term value and utility. Revenues generated will be used to set up a liquidity pool to support trading activity and enhance stability.

Evaluation of CAT20 Token

Projected Beggy market cap: 4.7BTC / 296694 Usd

Value per CAT20 token in USD: 0.015

100 Beggy Cat Token: 1,5 Usd or 0.2FB

Disclaimer

This evaluation is a forward-looking projection based on the current market data, community growth, and future potential of the Beggy collection and CAT20 token. It is not intended as financial advice, and the actual value may differ based on market conditions and unforeseen factors. These projections cannot be considered a binding or engaging commitment.