The Ultimate RED Coin Guide: Everything You Need to Know
Hey Cattoners, we’ve heard some of you are a bit confused about RED Coin. Don’t worry—we’re here to break it all down for you! Let’s explore what RED Coin is, how it integrates into the Cattonverse, and why it’s about to become one of the most critical parts of your journey. 🚀
What is RED Coin?
RED Coin (RED) is the primary event currency within the Catton ecosystem. It serves multiple purposes, both during special events and as part of gameplay mechanics. Whether you’re climbing leaderboards or enhancing your gameplay, RED is your ultimate resource for progress and rewards.
Core Features of RED Coin
Event Integration:
Climb Leaderboards: Earn RED Coins during events to secure a top spot and win incredible rewards.
Rewards Distribution: The more RED Coins you earn, the better your chances to claim prizes, including cash rewards, $GEM, and exclusive NFTs.
Game Integration:
Finding Allies: Use RED Coins to discover powerful Allies (Ally is your loyal battle partner, themed with IPs like BAYC and Floki).
Enhancing Allies: Boost your Ally’s level and power with RED Coins to improve your ATK stats, making battles easier and progressing faster through stages.
Flexible Use Beyond the Game:
Claim and Trade: RED Coins can be linked to your user ID, allowing you to claim them into your wallet or even transfer them to other players for private trades.
OTC Market Development: Catton plans to expand RED Coin’s utility with an over-the-counter (OTC) trading system, enabling peer-to-peer exchanges.
RED Coin and CattonFi DeFi Event
RED Coin takes center stage in CattonFi’s first DeFi Event, which features massive prizes and introduces the broader utility of this essential currency.
Event Overview
Duration: 14 days (ending at 10:00 AM UTC, December 9th, 2024).
Total Rewards: $30,000 in prizes, including $15,000 in USDT, 3,000,000 $GEM, and 10 exclusive NFTs.
Using RED Coins Outside Events
Beyond event participation, RED Coins are a crucial part of the Cattonverse gameplay loop:
Find Powerful Allies
Spend RED Coins to unlock unique Allies tied to premium IPs like BAYC, Floki, and Wise Monkey.
Allies enhance your gameplay with Owned Effects (passive buffs) and Equipped Effects (active battle boosts).
Enhance Allies
Level up your Allies using RED Coins to increase their stats and maximize their power.
Stronger Allies mean higher ATK, faster progression, and better performance in events and battles.
Flexibility and Future Use Cases
Transferability: RED Coins can be claimed to your user ID, allowing you to transfer them to others for private trading
OTC Trading: Catton is planning an over-the-counter (OTC) marketplace for peer-to-peer transactions using RED Coins.
Why RED Coin is Essential
RED Coin isn’t just another in-game currency; it’s a key driver of Catton’s evolving ecosystem. Its integration across events, gameplay mechanics, and future trading features makes it one of the most versatile and valuable assets for players.
Boost Progression: Use RED Coins to find and enhance Allies, increasing your ATK and advancing faster in the game.
Climb Leaderboards: Compete in events for massive rewards by strategically gathering RED Coins.
Unlock Trading Potential: With plans for OTC trading, RED Coins will offer players flexibility to trade or monetize their in-game assets.