CLIPS is a new cryptocurrency that has been designed to work within its own ecosystem. It has a total supply of 220 billion, with 150 billion being available for minting free of charge. The remaining 20 billion have been allocated for the team, including burns and pools, while 50 billion are set aside for the prize pool.
Users can mint CLIPS for free once every 24 hours, and the first mint gives them 5 million CLIPS, with subsequent mints giving them 2.5 million CLIPS. There is a colorful message on the homepage of the website called the Clip that can be set by spending CLIPS. The first Clip costs 250,000 CLIPS, and the cost of taking over the Clip is the last cost plus 50%. The spent CLIPS are burned, and after 7 days, the Clip owner can claim the prize pool. The countdown restarts if anyone else takes over.
CLIPS has a total supply of 220,000,000,000 and the circulating supply is unknown.
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