We have entered an era of digital currencies and celebrities from all walks of life are jumping in on the trend in one way or the other.
Carole Baskin, star of Tiger King, has now launched her own AltCoin for the supporters of her animal sanctuary – Big Cat Rescue. According to Baskin’s statement on Big Cat Rescue’s official site, the currency is not for investment but a “purr-ency” for her fans to use and show their love for cats and support the sanctuary.
I’m investigating crypto currencies because I am concerned about the volume of US dollars that are being printed and distributed with nothing to back them up. At this point both the USD and BitCoin are fiat currencies, but at least BitCoin and other altcoins have scarcity built in and now there is much more broad adoption of them in our everyday lives. I like the idea of putting the power of money in the hands of the people, rather than banks and governments. Our new $CAT coin is not a currency for investment, but rather is a purr-ency of our fans to show their love for the cats and to reap the benefits of being our most forward thinking partners in creating a world where all wild cats live free.
Fans can use $Cat for a number of purposes including talking walks around the sanctuary, receive premium club house experiences and partaking in club activities, purchasing merch, asking questions in AMAs and having exclusive conversations with Baskin and her team among other benefits.
Fans can get access to $Cat online and the prices for the coin start at 5 USD.