The Cocoin Project May Start An Energy Drink Line Or Even Buy A Private Island

The cryptocurrency is making use of a number of new strategies that set it apart from many of the other tokens available today. One of these strategies is the use of a dev wallet to make a purchase determined by the token holders through an online vote.

For more information, please visit the Cocoin website here

From Energy Drinks to a Private Island

The token holders announced that they have not made a decision yet about the allocation of the dev wallet, and voting is still open. Some of the suggestions made in the group chat on the Telegram app called "$COCO Community Official” include a COCO energy drink, online store, or De-Fi exchange.

Some members have also made suggestions such as buying a private island for the use of token holders with a certain minimum amount of $COCO. This is a more reasonable goal than it may seem, with 12-acre private islands selling for as little as $68,000. The minimum amount of tokens required for users to make use of a potential private island has not been determined yet.

Community Value both Inside & Out

COCO also makes use of a few other strategies to ensure the coin succeeds, including “burning” a regular percentage of each transaction. This is becoming an increasingly common part of cryptocurrency “tokenomics.” The process destroys a small amount of currency on a regular basis by sending it to a dead wallet, and doing so causes the tokens remaining to increase in value.

The group donates a significant amount to charities, through the use of a small portion of their transaction tax. The developer team believes strongly in protecting and providing for their community, and regular donations from the currency are a part of the commitment.

Anti-whale and “pump and dump” restrictions imposed by the developers further protect the tokens community. These prevent overly large purchases and sales at certain times, as well as adding a larger tax to sales done during some phases of token evolution. The larger tax on certain sales is distributed back to the remaining token holders as a reward for staying with the community.

Woman-Founded Project

The developers of the COCO tokens are four fully doxxed entrepreneurs from the Netherlands. While it's not entirely unheard of, many token holders were surprised to find the team is founded by a female digital marketing specialist, Jessica. There are also two developers on the team, Lorenzo and Arjan, as well as Matthijs, the group's communication specialist.

Cocoin also recently became the topic of discussion among some leading industry analysts. A few days ago, Cocoin was mentioned as one of the top 10 by the YouTube boys Danny and Kian in their recently released video on the "Up Next Crypto" show. They said, "the Coco community is insane." They go on to describe one of their founders, Jessica as a "top-line digital marketer" and finished their review telling their YouTube followers, "check out coco guys, coco is insane." See the video by clicking here. Kenny and Kian are huge names in the crypto space and followed by no less than 219,000 subscribers. At the 2021 bitcoin conference, the boys spoke with Alex Mashinsky, "Entrepreneur & CEO of Celsius Network,” he was filmed saying, "there is a need to give these guys credit, who's educating the community and caring for all the guys out there? these guys!" speaking about the Up Next Crypto boys.

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