AND Token

Overview

• Ticker: AND

• Maximum Supply: 1 billion tokens

Cryptoand plans to issue the AND token on December 30, 2024, using the Virtuals platform. This method leverages Virtuals widespread user base to minimize development costs and reduce audit expenses.

Key Features

• Cost Efficiency: By using Virtuals, Cryptoand can significantly lower the costs associated with token creation and auditing. Virtuals is known for its streamlined process that allows users to create and launch tokens with minimal financial input, typically around $2 in liquidity.

• Token to Share Conversion: The AND token is designed to be exchangeable for real shares in the future. This feature aligns with Cryptoand's vision of integrating cryptocurrency with traditional equity markets, offering token holders a path to becoming actual shareholders.

• Platform Utilization: Virtuals simplifies the creation and trading of meme coins on the Base blockchain. It allows for easy token launches without requiring extensive technical knowledge, making it an ideal platform for Cryptoand's AND token issuance.

The official announcement regarding the establishment of the corporate entity and company name will be made at an appropriate time. This step is crucial for ensuring regulatory compliance and establishing a legal framework for the token-to-share conversion process.

By leveraging Virtuals capabilities, Cryptoand aims to efficiently launch the AND token while maintaining a focus on cost-effectiveness and regulatory adherence. This strategy supports Cryptoand's broader mission of democratizing financial ownership through innovative use of blockchain technology.