FAQs
Q1: What is Catoff?
A. Catoff is a P2P (peer-to-peer) NFT challenge wagering platform built on the Solana Blockchain. It allows users to create, participate in, and wager on real-life challenges and activities.
Q2: How does Catoff work?
A: Users can create challenges or join existing ones, set wagers using CAT tokens, and compete to win. The platform uses smart contracts and external validators to ensure fair play and automated payouts.
Q3: What types of challenges can I participate in?
A: Challenges can range from fitness goals and step contests to skill-based competitions and creative tasks. Users can also create custom challenges.
Q4: What is the CAT token?
A: CAT is the native utility token of the Catoff platform. It's used for wagers, incentives, staking, and platform fees.
Q5: How do I get CAT5 tokens?
A: CAT5 token will be the native token of Catoff Gaming. In the future, after TGE, it can be acquired through participating in challenges, winning wagers, or purchasing them on supported cryptocurrency exchanges.
Q6: Is there a minimum or maximum wager amount?
A: Wager limits may vary depending on the specific challenge. Always check the challenge details before participating.
Q7: How does Catoff ensure fair play?
A: Catoff uses a network of external validators, ZKproofs, and smart contracts to verify challenge results and ensure transparent, tamper-proof outcomes.
Q8: Can I create my own challenges?
A: Yes! Users can create custom challenges and invite friends or the wider Catoff community to participate.
Q9: How are payouts handled?
A: Payouts are automated through smart contracts. Once a challenge is completed and verified, winners receive their winnings directly in their Okto Wallet.
Q10: Which blockchain does Catoff use?
A: Catoff is built on the Solana blockchain, known for its high speed and low transaction costs.
Q11: Do I need a specific wallet to use Catoff?
A: Yes, Catoff uses Okto Wallet for transactions and interactions on the platform. You'll need to set up an Okto Wallet to participate in challenges and manage your CAT tokens.
Q12: How does Catoff protect user data and funds?
A: Catoff employs state-of-the-art security measures, including smart contract audits and secure data encryption. User funds are held in smart contracts, not by Catoff directly.
Q13: Is there a community for Catoff users?
A: Yes! We have an active Telegram channel where users can connect, share experiences, and get support. Join our Telegram community to stay updated and engage with other Catoff users.
Q14: How can I get help if I encounter issues?
A: You can reach our support team through our Telegram channel. We also have a comprehensive help center with guides and tutorials accessible through our website.
Q15: Are there opportunities to win rewards beyond challenges?
A: Yes! Catoff offers various ways to win rewards, including referral programs, community contests, and special events.
Q16: Is Catoff legal in my country?
A: The legality of P2P wagering platforms can vary by jurisdiction. Please check your local laws and regulations before using Catoff.
Q17: How does Catoff handle KYC/AML requirements?
A: Catoff implements necessary Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures in compliance with regulatory requirements.
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