On 05/18/2021, SafeKitties launched a new DeFi and Smart Chain based cryptocurrency that will upturn traditional finance models to distribute interest back to its community members and endangered animals.

KITTIES ($KITTIES) transaction fees are redistributed, connecting the community and the causes they support. By collecting transaction fees from all Kitties transactions, rewards are distributed evenly between the community and an accredited charitable cause, decided by the community.

During the presale, in just 24 hours, the project has received more than 80BNB from the community.

SafeKitties is programmed to reward holders while increasing in both liquidity and value. It does this by applying a 4% tax on transactions and distributes 1% of every transaction to charities and 1% back to other holders of KITTIES.

The community then decides the direction it supports. As part of the contract scheme, the community can vote on the charity that will receive the donated fees. Every holder of KITTIES has a word say in the causes they support and the future tokemonics for KITTIES.

As our community will decide on future accredited charities, having the most informed starting point is a priority.

Tokenomics

What’s make KITTIES unique is that all fees to be distributed and donated are collected and converted to BNB at the point of the transaction.

No funds are ever held in a wallet owned by KITTIES and no funds are sent to charities in KITTIES. This means the currency can continue to operate regardless of ownership, and the charity-based model can never be disrupted or diverted.

In addition to the trustless model, all donations are converted to Binance Coin, which has a more stable value than low market cap coins, such as KITTIES. Should KITTIES collect all fees in the KITTIES token, converting them to a fungible currency would deflate the value almost instantly, losing value for the charity.

This is a brand-new financial model that will deliver results in days.

For more info: https://safekitties.com

Community Channel: https://t.me/safekitties

Twitter: https://twitter.com/safekitties

Email: contact@safekitties.com