What Is Nutcoin (NUT)?
NUT is a memecoin deployed on Ethereum with a fixed capped supply. The cryptocurrency was created for entertainment purposes and for building a strong community around NUTS memes creation.
The token has been launched with no presale, no buy/sell taxes, no contract owner. 100% of Liquidity Provider (LP) tokens have been burnt (more precisely: sent to the token contract where no one can access it) and 100% of the 21 trillion token supply has been sent to the Uniswap Pool, in order to be fully community oriented with no team driving the token.
Who Are the Founders of Nutcoin?
For now, the founders of NUT remain anonymous, which is pretty usual in the cryptocurrency world. Although information about the team behind the project is scarce, they have the potential to promote their memecoin and build a community around it using famous social media platforms with strong audience such as X & Telegram.
What Makes NUT Unique?
The uniqueness lies in the large spectrum of possibilities regarding the use of the word "NUT". It's one of the few word with a lot of different funny meanings, making it the ideal candidate to build a large community around MEMES while gathering several existing & well pre-established communities.
How Many Nutcoin (NUT) Coins Are There in Circulation?
There are 21 trillion (21,000,000,000,000) token supply in circulation and there will never be more than that number. No mint mechanism is possible and anyone can burn it by sending it to the null address.
Of the maximum supply, 100% were sent to the liquidity pool on Uniswap, where LP tokens were burnt so that the initial supply liquidity can never be removed. Users can track the NUT/WETH pair on CMC DexScan.
How Is NUT Secured?
NUT is an ERC-20 token on the Ethereum blockchain, which is secured by the Proof-of-Stake (PoS) consensus mechanism, like other ERC-20.
The smart contract has been generated using the open sources contract libraries of OpenZeppelin with no additionnal features & no access control preselected. There is and will never be an owner of the contract. NUT is just an ERC-20 in its purest form and therefore in its most secured form.
Where Can You Buy NUT?
NUT can be traded on Uniswap (V2) and more exchanges are to come.
Related Pages:
Check out Dogecoin — one of the first dog-themed memecoin.
Find out more about Shiba Inu — the self called DogecoinKiller memecoin.
Learn more about Pepe — another great memecoin in existence.
Go further on what memecoins are with CMC Glossary.