Rich Quack QUACK
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ByBit 
Gate 
Score Sentiment Neutral
Fundraising Statistics
$0 -0.35%
$0.000000002614
QUACKRich Quack
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Short Review Rich Quack
Crypto project Rich Quack (QUACK) is classified as a Blockchain Service. Rich Quack is a Utility token that is hosted on the BSC (BEP-20) Network. The current total supply is 100,000.00 T QUACK (Circulating Supply + Tokens yet to be released - Burned Tokens). (0.04% of total tokens) have been allocated for the public sale.
Rich Quack ICO Overview
Public sale of tokens will take place on the Gate Launchpad. Estimated date for the public token sale: 4 November 2021. Rich Quack (QUACK) price during the token sale: 0.000000002614 USD.
QUACK Price Chart
The launch of QUACK token trading took place on 16 January 2021.
Total amount of funds raised by the Rich Quack project is $10,000.00.
Rich Quack Investors
Cryptocurrency RichQUACK (QUACK)
RichQUACK is a blockchain project based on a meme coin; it strives to create a robust ecosystem and platform that facilitates crowdfunding for new promising crypto projects.
The native cryptocurrency of the QUACK project is built on BSC. The maximum supply of tokens is set at 100 quadrillion, but more than half of them, almost 54 quadrillion, have been burned as of this writing in March 2023.
RichQUACK offers static rewards - fixed incentives for QUACK owners. They encourage long-term ownership and promote network stability.
RichQUACK offers the following products:
- Incubator. Through the platform, you have the opportunity to promote your initiatives and invest in other people's businesses. Anyone can apply; after this, projects undergo quality control and KYC procedures. Users then vote for their favorite ideas.
- DAO voting. Those users who have QUACK over 100B can vote for initiatives that receive funding.
- < b>Staking. Stakers can lock their assets for up to 5 years. These users can receive Incubator project tokens.
In addition to providing funds to newly created blockchain projects that take part in the incubator, RichQUACK also offers them expert advice on marketing, strategy, PR, etc.
The RichQUACK platform charges 12% on each transaction, part of which is then distributed among the holders, the other part is burned (or, as they call it, sent into a black hole), and the final part is given to the development team.
Additionally, the platform aims to prevent fraud by prohibiting each wallet from storing more than 1% of QUACK's supply. This is done to protect holders from the actions of large market players.
RichQUACK appreciates the QUACKArmy community and encourages them to promote the coin so it goes viral. In February 2023, the platform's Twitter account had over 288,000 followers.
History of the RichQUACK project
RichQUACK was created in August 2021 by a team of professional investors who had previously worked on large projects. However, no names or connections have been released, so these claims don't seem particularly credible. They also mention that the RichQUACK team is made up of volunteers.
RichQUACK is so named because the team makes fun of those who enter the blockchain space to get rich quick. Unlike many other cryptocurrency memes, its mascot is not a dog, but a duck, similar to Disney's Scrooge McDuck.
RichQUACK intends to deploy its own main network, as well as the platform NFT and metaverse.
QUACK benefits
- Simple reward system. Users receive QUACK tokens even if they just hold them in their wallets.
- Anti-whale measures. The 1% rule protects token holders from the actions of large market players.
- Crowdfunding opportunities. Innovative businesses can receive funding and professional guidance, and other platform participants have the opportunity to invest in promising initiatives at an early stage.
QUACK Disadvantages
- Inadequate transparent. No previous team experience or any real names are mentioned.
- Lack of usefulness. For now it is mainly a meme token, although the project is expected to grow and invest in the future.
