Carry (CRE) is a decentralized cryptocurrency that connects consumers, merchants, and advertisers directly, aiming to revolutionize the advertising and marketing industry. It utilizes blockchain technology to enable secure and transparent transactions, reducing costs by eliminating intermediaries. Users can earn CRE tokens by opting in to receive targeted advertisements, creating a mutually beneficial relationship between consumers, merchants, and advertisers. Carry prioritizes data privacy by securely storing user data and allowing users to have full control over their personal information.
Carry (CRE) is a decentralized cryptocurrency that connects consumers, merchants, and advertisers directly, aiming to change the advertising and marketing industry. It utilizes blockchain technology to enable secure and transparent transactions, reducing costs by eliminating intermediaries. Users can earn CRE tokens by opting in to receive targeted advertisements, creating a mutually beneficial relationship between consumers, merchants, and advertisers.
Key Features and Uses- Transaction Database: CRE tokens are stored in a virtual treasure chest on the blockchain, containing crucial information like what was bought, where, and when. This data becomes the foundation for various interactions.
- Smart Contracts: These digital wizards issue and manage tokens on the Carry Protocol, facilitating interactions and loyalty points for merchants.
- Wallet: The Carry Wallet stores cryptocurrency, including CRE and branded tokens, and serves as a gateway to the Carry Protocol Universe. It allows users to manage transaction data and privacy settings, providing control over shared data.
- Device Integration: Merchants use devices like tablets to interact with consumers during transactions, sending transaction data to the wallet app and enabling cryptocurrency payments.
- Rewards and Staking: By holding CRE tokens in the Carry Wallet, users can receive rewards that can be redeemed at Korean merchants using the Dodo Point, integrating Carry into everyday life.
- Market Cap: Carry (CRE) has a market capitalization of $46.1 million, with a circulating supply of 10 billion tokens out of a total supply of 10 billion.
- Price Volatility: Cryptocurrencies like CRE are highly volatile, with prices fluctuating rapidly. It is essential to understand the risks involved before investing.
- Seed Financing: Carry completed a seed round of financing on May 1st, 2018, with investors including One Block Capital, Kenetic, Elysium Venture Capital, and others.
- Token Launch: Carry launched its token CRE on Gate.io on August 6, 2021.
- Dodo Point: The integration of Carry Wallet and Dodo Point bridges the gap between the crypto and real worlds, demonstrating the product’s scalability in the Korean market.
- Investment Risks: Cryptocurrencies are highly volatile, and prices can drop significantly. It is crucial to understand the risks and never invest in something you don't understand.
- Market Dynamics: The dynamics of crypto prices can lead to prolonged booms followed by severe crashes, making it essential to be cautious and informed.
To store Carry (CRE) tokens securely, consider the following options:
Hot Wallets: You can store your Carry tokens on exchanges' wallets, such as Binance Wallet, or on crypto wallets like Trust Wallet. These wallets are always online and accessible, but they carry a higher risk of being hacked.
Cold Wallets: For long-term storage and maximum security, use cold wallets. There are two types:
- Paper Wallet: Generate public and private keys offline and print them on paper. This method is secure but less convenient.
- Hardware Cold Wallet: Store your cryptocurrency in a physical device, such as a USB drive. This method is preferred by many users, especially for large holdings.
Hardware cold wallets are recommended for their enhanced security and ease of use.
To buy Carry (CRE) tokens, follow these steps:
Choose a Crypto Wallet: Select a reliable crypto wallet that supports your preferred payment method and policies. Popular options include Coinbase Wallet, MetaMask, and TrustWallet. Download the wallet extension or app from the relevant stores.
Set up Your Wallet: Create an account, provide personal information, and set a strong password. Note down the Secret Recovery Phrase or Seed Words carefully for future reference.
Buy Base Currency: Choose a cryptocurrency exchange platform and buy a base currency like Bitcoin, Ethereum, or Tether. This will be used to trade CRE. You can use exchanges like Huobi Korea or Binance.
Transfer Funds to Wallet: Withdraw the base currency to your crypto wallet by providing your wallet address and the amount to transfer.
Choose a Decentralized Exchange (DEX): Select a DEX that supports your wallet. For example, if you use the Binance wallet, you can use Pancake Swap. Ensure the DEX supports the CRE trading pair.
Buy Carry (CRE): Connect your wallet to the DEX and select CRE from the list. Enter the amount you want to trade. Be cautious of market trends and trading fees.
- Store Your CRE: After purchasing, store your CRE tokens securely in your wallet. You can hold them with the expectation of value increase or trade them further.
Remember to diversify your portfolio and be aware of market risks and scams.