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A $CAT crypto coin may sound bizarre, but Tiger King fans are beyond excited about Carole Baskin’s new cat-themed currency.
Baskin tweeted the announcement for $CAT, writing, “I’m purring like a bobcat rolling in catnip because we just launched $CAT.” The currency is only valid at Big Cat Rescue and can be used to purchase merchandise or online experiences like meet-and-greets with Baskin. Following the Tiger King theme, the sanctuary uses a collection of cat puns to explain their new coin.
I'm purring like a bobcat rolling in catnip because we just launched $cat on https://t.co/pH2gCNtQGf Rocketing up to #35 out of 117 & thinking of ways to reward those who join our "pride" of big cat lovers! Learn more at https://t.co/FTxA8iVV0V pic.twitter.com/PxFiXJqA5k
— CaroleBaskin (@carole_baskin) May 4, 2021
“$CAT is not a currency nor investment, but rather is a purr-ency and the first of its kind as a fan token for supporters of Big Cat Rescue.” The webpage continues to say, “Its only value is in the purr-ks of showing your pride in Big Cat Rescue and being a part of our vibrant community.”
According to the Big Cats Rescue web page, the cat-themed crypto coin has been in the works for years. In 2018, the organization experimented with CryptoKitties, an online service that allows users to purchase virtual cats. Baskin must have been inspired because she plans to move $CAT forward in the gaming industry. Last year she launched Big Cat Rescue VR, a free game that allows users to interact with big cats through their headset.
“I’m investigating cryptocurrencies because I am concerned about the volume of US dollars that are being printed and distributed with nothing to back them up,” Baskin said. “The ultimate goal of all of this is to end the abuse inherent in holding wildcats captive and creating remote camera feeds that bring the wild cats into your headsets and hands doing what they naturally do in the wild.”
Carole Baskin explains her role as the founder of Big Cat Rescue in the Netflix documentary series Tiger King. The sanctuary began rescuing big cats in 1992 and works to end cat abuse through legislation.
Unfortunately, Baskin was forced to close the sanctuary during Covid-19 and has said it may not reopen to the public. During the early weeks of the pandemic, Netflix released the seven-episode series, and Carole Baskin grew to fame alongside her nemesis (and co-star) Joe Exotic. Since then, Carole Baskin won ownership of Joe Exotic’s zoo in a 2020 court order, two years after Joe Exotic was sentenced to 22 years in prison for a murder-for-hire plot against Baskin. Tiger King has given Big Cat Rescue a large fan base that Baskin expects will sustain her new crypto coin.
“Our fan base is amazing,” Baskin said, “and I just know they will push $CAT to the top of the charts so that others learn about saving big cats from the cruelty of captivity.”