ZCAT Surges 35.4% as Zcash Reward System Attracts Attention
ZCAT has been gaining attention after its price surged 35.4% in 24 hours, thanks to its unique reward system that pays out Zcash rewards.
The project uses a 3% transaction fee to buy ZEC, which is then shared among eligible ZCAT holders who have at least $20 worth of the token.
This has led to over 470,000 payments being made, but it's essential to note that these numbers refer to individual payouts, not the number of people holding the token.
The rewards are funded by ZCAT activity and not by profit from business or any separate source of revenue.