CluCoin: A Gem Within a Crowded Space

The cryptocurrency industry is expanding at a fast pace. Hundreds upon hundreds of projects are being launched on a daily basis, promising to become the next big thing. While some of these startups make strides to expand the utility of their networks, others are trying to gain some visibility in such a crowded market. It has become very easy for market participants to be carried away by tokens that, without any intrinsic value, manage to increase in price rapidly. Pump and dumps have become the norm, inadvertently stealing the spotlight of some of the most innovative cryptocurrency projects in the space. But just as it happened during the bear market of 2018, only the fundamentally strong will be able to weather any storm. One of those cryptocurrencies that sets itself apart from the pack is CluCoin. Indeed, CluCoin is more than just a cryptocurrency. It is a community! Led by popular Twitch streamer DNP3, CluCoin has taken a whole different approach never seen before in the cryptocurrency industry. The distributed ledger startup rewards token holders and contributes to charity on every transaction within its network. As a matter of fact, 10% of each transaction is taxed, with 5% going to the liquidity pool and another 5% being redistributed back to all CLU holders. CluCoin’s mission is to enrich and empower its vibrant community or as DNP3 calls it, the CLUmmunity, to help them reach their goals and thrive. “Our g...