Announcement for Copycat IKO Dear, $KOMmunity! Please be | Kommunitas Announcement Channel

Announcement for Copycat IKO

Dear, $KOMmunity!

Please be aware that the IKO for @Copycat_Global Finance will involve the $eCAT token, which will be fully released at TGE.

At the time of listing, the tradable token will be $CAT.

$eCAT serves as Copycat platform’s unredeemed token. It can be exchanged for the platform's primary governance token, $CAT, on a 1:1 basis using a conversion contract. This conversion grants holders the same privileges as $CAT holders, such as fee discounts. To switch from $eCAT to $CAT, there is a mandatory 365-day linear conversion period.

Think of it as if the project has a 12-month, daily linear vesting schedule if you decide to convert your $eCAT into $CAT tokens.