Altcoins
Coinbase Abruptly Lists New Ethereum-Based AI Altcoin Project
The leading US-based crypto exchange by volume lists a new artificial intelligence (AI) altcoin.
According to Coinbase via their X account on the social media platform Coinbase Assetsnew crypto project Karrat (KARRAT) will be listed on the platform as an “experimental asset”.
“Karrat (KARRAT) is now available on coinbase.com and in the Coinbase iOS and Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive, or store these assets.
According to Coinbase, the exchange is adding the experimental asset label “to certain tradable assets that are either new to our platform or have relatively low trading volume compared to our broader crypto market.”
Karrat certainly falls into low trading volume. The altcoin is worth $0.848 at the time of writing, down 6.4% since the announcement.
According to a press release from warp thread, the Karrat Protocol, created by the Karrat Foundation, is an AI-focused altcoin project aimed at bringing Web3 technology to entertainment, gaming, and AI. KARRAT acts as the protocol’s governance token.
A game called “My Pet Hooligan” is the first title to launch on the protocol. The game allows players to play as an in-game non-fungible token (NFT), and My Pet Hooligan NFT holders are eligible for an upcoming KARRAT airdrop.
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