Explore NOCHILL: Innovations and Investment Opportunities on Avalanche Blockchain

What is NOCHILL and what does it solve?

3 min read5 days ago

NOCHILL is a meme coin built on the Avalanche blockchain, introduced as a playful and speculative asset with a strong community focus. Originating in The Arena, a social finance (SoFi) platform, NOCHILL was launched with a fair distribution model: a significant portion of its tokens were airdropped to specific community members, and the rest allocated for liquidity and growth. The project emphasizes that it is community-led, with no formal team or roadmap, highlighting its nature as an entertaining, non-serious investment.

Token Overview

Token name: NOCHILL
Token symbol: $NOCHILL
Total issue supply: 1,550,000,000

What are the utilities of NOCHILL?

The NOCHILL coin, developed on the Avalanche blockchain, has a few specific utilities that enhance its integration within the broader ecosystem:

Tipping and Transaction Services: NOCHILL can be used for tipping within The Arena, a community space on Avalanche. Users can tip others with NOCHILL using a convenient bot service that buys NOCHILL at market price and delivers it within minutes. This bot is integrated with the Trader Joe’s API and charges a small service fee for its operations. The fees collected are then utilized to enhance the liquidity pool (LP) and are partially burned, supporting both the currency’s value and utility.

NFT Integration: The coin is associated with the Comfy Kroox project, an NFT collection inspired by the popular footwear, which aligns with the cultural trends and interests of the Avalanche community. This adds a layer of collectibility and community engagement to the coin’s ecosystem.

Overall, NOCHILL serves as a meme coin with functional applications within its community, providing both entertainment and utility, particularly in facilitating small transactions and interactions among users.

What does the project ecosystem include?

The NOCHILL project ecosystem on the Avalanche blockchain encompasses several components designed to engage its community and provide utility:

NOCHILL Exchange: This service allows users to quickly acquire NOCHILL tokens by tipping the NOCHILL bot some AVAX. The bot then buys NOCHILL at market price and delivers it to the user. A small fee is charged for this service, and the collected fees are used to enhance the liquidity of NOCHILL and are partially burned. This helps maintain the token’s value and liquidity within the ecosystem.
Comfy Kroox NFT Collection: As part of its ecosystem, NOCHILL has introduced the Comfy Kroox NFT collection, which draws inspiration from popular croc-style footwear. This collection caters to the casual and community-driven nature of the Avalanche network, promoting engagement through digital collectibles.
Community Involvement and Governance: The NOCHILL project emphasizes community-led development and governance. Token holders can participate in decisions affecting the project’s future through a decentralized governance structure, allowing for a democratic approach to project management.
Token Utilization and Distribution: The initial token distribution was strategically planned with 70% allocated to the liquidity pool, 20% airdropped to badgeholders in StarsArena, and the remaining 10% reserved for ecosystem growth. This distribution strategy supports sustained project growth and community engagement.

NOCHILL Official Media

Website | Twitter

About Coinstore

Accessibility. Security. Equity.

As a leading global platform for cryptocurrency and blockchain technology, Coinstore seeks to build an ecosystem that grants everyone access to digital assets and blockchain technology. With over 3.2 million users worldwide, Coinstore aims to become the preferred cryptocurrency trading platform and digital service provider worldwide.

Coinstore Social Media