The title looks a bit bold but in reality that's what the CAO token is exactly what it was created for!

The acronym CAO stands for Centralized Autocratic Organization, and it is a meme or satire token, which, has a single purpose, to put more money in the pocket of the old glory of the Bitcoin Cash community, the im_name.

It seems to be repeating myself so let's see some things the website tells us about the token.

First, how does the "system" work?

According to the site, the token was created by im_name (an illustrious figure in the Bitcoin Cash world) with the basic intention of creating a source of extra money to put more Bitcoin Cash in his 'private vault'. It's a satire, because its creator, accordingly to the website, will use the value to buy some video games and also use the money for great purposes in the Bitcoin Cash community.

CAO token in this short time of existence in the square, has already managed to donate some Bitcoin Cash to Eat South Sudan's fundraiser campaign

The currency has a total supply of 1 billion units, 500 millions are in a pool divided between Mistswap and BenSwap where 2 BCH are locked & split between the two Exchanges as liquidity.

Another fact, im_name will sell 5 million coins per month in any day with the aim of putting more Bitcoin Cash in his pocket and buy whatever he needs!

Make no mistake, there is no airdrop available, if you want buy still cheap

Can I at least get an airdrop?

No.

Exactly, this token has no airdrop and also no tokenomics behind it, if you are in need of a Telegram group better forget it, it doesn't have any, by the way and there is a channel where the CAO team will sometimes publish some updates of the project in it.

Is there any tokenomics thing going on? Buybacks, burns, staking, something to support the price?

No.

An amazing thing, it's the first project at smartBCH that doesn't promise investors things like many out there do, no buybacks, no token burns and all that boring stuff! It's a fun token with open honesty!

More info about the token to help everyone buy it and enrich im_name

Contact Address (CA): 0x8358758D3952A0146560F3584d3b219ed631E1ea

Website Address: https://cao.cash

twitter   telegram   noise   read.cash

Find the token on MarketCap: https://www.marketcap.cash/token/CAO

Find on MistSwap Dex analytics page: https://analytics.mistswap.fi/tokens/0x8358758d3952a0146560f3584d3b219ed631e1ea

Find on BenSwap Dex analytics page: https://info.benswap.cash/pair/0x3035134b1ef51a447942cac094bcbe02d5da2430

Buy CAO on  Mistswap and  Benswap.

Epilogue

CAO token is a satirist asset built on the smartBCH like many ones that are on the index PlaTform for SEP-20, is unique one that doesn't have whitepaper, doesn't promise buybacks or just keep promising investors to do that and that!

It's created by a well known figure in the Bitcoin Cash community, in fact he actually doesn't need more Bitcoin Cash to chill out as he often donate Bitcoin Cash for social causes and he's linked to prominent projects on the SmartBCH side-chain also in the Bitcoin Cash ecosystem.

Im_name is behind the two way bridge that make easier to deposit and withdraw Bitcoin Cash from SmartBCH side-chain.

I just wrote this article to make aware about the project and I also advice to read the website to understand better the token. It's a meme or satire, one of them works, and I believe that is the one to put more Bitcoin Cash into and make im_name more rich than he's right now!

No hidden purposes are behind the token and investors of course knows who his the creator and believe that all behind it is just a bit satirical and fun to entertain, but make your own research before thinking in buying it, the investors already gave im_name some Bitcoin Cash and are happy to because they know that he will give it a good destiny.

Be Cool!

Merry Christmas & happy New Year, may 2022 be full of Bags of CAO tokens, by the way if you are throwing some smartBCH tokens my address,

0x0E8829F8210CD119dDDECd6522f03239B8730430

Can welcome them! Also find me on noise.