Cashtree has revolutionized Indonesia’s digital landscape as the premier 'mission-to-earn' platform, boasting over 20 million users since its inception in 2015. By accomplishing various tasks and engaging with ads, users reap real benefits and earn rewards. With the integration of the Cashtree Token (CTT), this platform has evolved into a blockchain-based rewards ecosystem, seamlessly onboarding users into the crypto realm. CTT not only provides a low-risk introduction to cryptocurrency but also opens doors to exclusive perks, loyalty programs, and more. Discover how Cashtree Token is setting the stage for a future where digital engagement meets tangible rewards.

What is Cashtree Token (CTT)?

Cashtree Token (CTT) is a utility token designed for the Cashtree platform and its Business Ecosystem. It serves as a reward and a means of transaction within the Cashtree ecosystem, which seamlessly connects brands with users, offering them tangible benefits for engaging with digital campaigns. The token aims to reduce users’ phone credit expenses by providing cost savings through discounts or phone credits, and it can also be exchanged for shopping coupons with affiliated vendors, solidifying its role as a practical utility token.

The Purpose and Utility of Cashtree Token

The Cashtree Token is part of a broader strategy to adopt blockchain technology, which enhances transparency and provides valuable incentives to the Cashtree community. This move was made in response to the evolving digital marketing landscape, marked by Google’s privacy shifts and the rise of blockchain. By integrating blockchain technology, Cashtree aims to position itself for success in the Indonesian market and beyond, with plans to become “The Gateway of Crypto Adoption” and propel the acceptance of blockchain and cryptocurrency to unprecedented heights.

Key Functions within the Ecosystem

1. Rewarding User Engagement: Users can earn CTT by participating in various activities and events within the Cashtree app. This rewards system incentivizes user engagement and creates a vibrant and engaging community for digital asset enthusiasts.
2. Facilitating Transactions: CTT can be used to unlock premium features within the app, redeem rewards, or exchange for other cryptocurrencies. This functionality provides users with a practical way to use their earned tokens.
3. Bridging the Gap to Web3: Cashtree Token aims to onboard users into web3, where they can enjoy loyalty programs, GameFi, and financial services built on crypto rails. By integrating blockchain technology and offering a native token, Cashtree is positioning itself as a gateway to the crypto world in Indonesia and beyond.
4. Supporting a Blockchain-Based Rewards Application: The natively integrated Cashtree Token has transitioned Cashtree into a blockchain-based rewards application, offering various benefits and utilities. This transition allows Cashtree to offer real-world value through the Cashtree ecosystem and maintain a sustainable token demand from advertisers on the platform.
5. Educating Users: Cashtree aims to bridge the knowledge gap and foster widespread understanding and adoption of blockchain technology, primarily focusing on Indonesia and the expansive SEA region.

Unique Features and Benefits of Cashtree Token

User-Centric Earnings

Cashtree empowers its users to earn CTT effortlessly by partaking in various activities and events, all free of charge. Every mission undertaken by users, rooted in advertising campaigns, ensures a sustainable token demand, solidifying its position in the market.

A Seamless Transition

For those new to cryptocurrency, Cashtree serves as a perfect starting point. It demystifies the complexities, allowing users to comfortably transition from traditional digital platforms to the vibrant blockchain world.

Exclusive Perks for CTT Holders

Ownership of CTT isn't just symbolic; it unlocks a world of exclusive benefits. From unique NFT airdrops and enhanced reward rates on the mission-to-earn platform to exciting giveaways during the token's launch period, being a CTT holder is akin to holding a VIP pass.

A Catalyst for Blockchain Adoption

Cashtree isn't just about earning; it's about educating. It aims to bridge the knowledge gap, guiding the uninitiated into the transformative world of blockchain, primarily focusing on Indonesia and the expansive SEA region.

More than Just a Token

CTT represents a paradigm shift. By investing in it, stakeholders support Cashtree's visionary move to a blockchain-anchored advertising model, where attention, the most precious of modern commodities, finally finds its true value.

Collaborative Growth

Cashtree's approach is holistic. Intertwining advertisers, users, and the intrinsic value of attention fosters an ecosystem where all parties benefit. As advertisers invest in CTT, users earn, creating a synergistic growth cycle and value creation.

Tokenomics and Distribution Model

The Cashtree Token (CTT) has a total token supply of 5,000,000,000 tokens. The initial supply was 4% of the total token supply, which was distributed during the IEO (Initial Exchange Offering) from September 1, 2023, to September 5, 2023. The IEO price was $0.0033 per token. The token's current price is $0.0084 USD, with a market cap of $1,679,478.44 USD.

Token Distribution

1. Public Round: A portion of the tokens, priced at $0.0033, raised $150K during an Initial Exchange Offering (IEO) held from September 1 to 5, 2023.
2. Team: The exact percentage allocated to the team is not specified in the provided sources. However, it is mentioned that the team is part of the token distribution model.
3. Investors: The sources do not provide specific information on the percentage allocated to investors. However, the IEO indicates that there were investors who participated in the token sale.
4. Community: Users can earn Cashtree Tokens by participating in various activities and events within the Cashtree app, without incurring any costs. Missions in the Cashtree app involve advertising campaign placements from advertisers, implying a natural token demand from advertisers on the Cashtree platform.
5. Other Stakeholders: The token distribution model does not explicitly mention other stakeholders. However, the Cashtree ecosystem aims to bridge the knowledge gap and foster widespread understanding and adoption of blockchain technology, primarily focusing on Indonesia and the Southeast Asian (SEA) region.

Vesting Periods and Lock-Ups

The token sale information for the IEO on Bybit indicates that the initial supply is 4% of the total token supply, and the total allocated for the launchpad is 45,500,000 CTT. The total allocation for subscription is 22,750,000 CTT, and the total allocation for lottery is also 22,750,000 CTT. The cap per subscriber for subscription is 100,000 CTT, and the allocation per winning tickets for lottery is 2,275 CTT. There is no lock-up period for the tokens, and the token type is Mantle.

Mechanisms to Control Inflation

There is no explicit mention of token burning or staking rewards in the provided sources to control inflation. However, the gradual distribution of