The ShibaDoge Team is excited to announce the release of the SHIBDOGE Token. According to the team, the token was initially released as a utility sub-token based on Ethereum and built on the principles of community, unity, and decentralization.
The ShibaDoge token was launched on December 24, 2021, and half of the total supply of 420 sextillion was burned upon launch.
ShibaDoge’s Tokenomics is designed to reward holders and grow the project through a purchase and sale tax put in place on every transaction. ShibaDoge Tokenomics follows the 5 by 5 by 5 model, where a total of 15% of each transaction is equally split between the liquidity pool, holders, and the marketing portfolio.
The tokenomics for ShibaDoge also contains anti-whale protections by limiting an individual maximum wallet to 1%, which means no single wallet can control the majority of the token’s supply.
ShibaDoge has the majority (85%+) of its liquidity locked in the smart contract forever. This means that no one, not even the developers themselves, has access to the liquidity pool, which further guarantees the security and longevity of the token holders and the project – a tailor-made solution embracing the long-term vision of ShibaDoge and realizing the vision of decentralization. As of press time, less than 15% of ShibaDoge’s liquidity pool is held by third-party liquidity locker Unicrypt.
How to Buy ShibaDoge
ShibaDoge tokens are available for sale on Uniswap, although potential investors can purchase it from any of the six centralized exchanges where it is listed.
The team advised potential investors to visit Uniswap and search for the token contract address: 0x6adb2e268de2aa1abf6578e4a8119b960e02928f in the vendor app: https://app.uniswap.org/#/swap?chain=mainnet. They can then trade Ethereum for whatever volume of the token they want.
Other exchanges where the ShibaDoge token can be purchased are Lbank, XT.com, Hotbit.io, Digifinex, BKEX, and Bitmart.
NFT Shiba Doge
ShibaDoge NFTs are the project’s first official entry point into non-fungible tokens (NFTs). At the time of publication, there are two NFT collections released in the ShibaDoge ecosystem. Each collection contains a series of 10,000 unique hand-drawn NFTs, depicting highly skilled and specialized combat veterans working together on the front lines to see cryptocurrency one day become the official currency of the earth.
The collections are known as Doge Army and Shiba Army and can be traded on the NFT OpenSea market. ShibaDoge’s 3rd Project is a highly anticipated collection known as ShibaDoge Army and is exclusively available to pair holders in each collection. NFTs are used to gain exclusive access to various rewarding activities within the project’s ecosystem and governance.
In 7 months, the ShibaDoge ecosystem represents over 25,000 wallet addresses holding the SHIBDOGE token and over 3,000 NFT holders. More than 100,000 people follow the project on different platforms, the majority of them on Twitter. The community is one of the most active on Telegram and Discord, with 24/7 voice chats going on most often. The Telegram and Discord experience is an education and information experience about cryptocurrency, Web3, and DeFi as a whole.
Vision of Shiba Doge
ShibaDoge’s vision for the future is presented in a medium-sized post (“A Vision of Unity for the Next 888 Years”). The roadmap is guided by two common goals, 1. Reduce the barrier of entry and increase the adoptability of the token to the masses, and 2.
Further develop and expand the core ecosystem, unifying the DeFi and Web3 space as a whole. The developers’ ultimate goal is to create a fully self-contained ecosystem that is governed by the community of token holders and project contributors.
About Shiba Doge
ShibaDoge (Token Symbol SHIBDOGE) began as a utility sub-token of the Ethereum network (an ERC20 token) founded on the principles of unity, community, and decentralization. The project was originally started by 5 early users and investors of Dogecoin and Shiba Inu who were looking to bring the two communities together.
The team has now grown to 15 people from around the world with world-class expertise in smart contracts, web3 development, NFTs and media. Web3 will serve as the next frontier for human civilization and ShibaDoge intends to be at the forefront of this monumental paradigm shift.
The token was launched on December 24, 2021 with a total supply of 420 sextillion tokens. At launch, 50% of the total supply was immediately burned, and given that there are reflections on every wallet, including the burned wallet, ShibDoge is a self-deflationary token.
Email: Send email
Organization: Shiba Doge
Build ID: 89079421
If you detect any problems, problems or errors in the content of this press release, please contact [email protected] to let us know. We will respond and rectify the situation within the next 8 hours.