Cloud Token is a full on community token that launched yesterday. The team surrounding the token is transparent, active and have invested themselves into the token. From having a Telegram of only 30 members yesterday at the same o'clock as now, they've grown the token to 2.5k holders and the Telegram to a little under a thousand. They know what they are doing, and that shows.
6% BURN FEE
Cloud Token ($CLOUD) is a deflationary token. This means that the total supply of tokens will decrease as people trade - giving the token a higher value as scarcity will bring the price up.
In addition to being a deflationary token, 4% of every transaction is placed into the HODL'ers of $CLOUD. This further incentivizes holding instead of trying to time highs and lows.
Every transaction will also increase the marketing and development wallet of this project - giving us an opportunity to pay for paid advertisement down the line, in addition to paying for moderators and others that help in the community.