An experiment in decentralized community building, Shiba Inu is another meme token similar to Dogecoin. SHIB is the native token of Shiba Inu and will be the first token to be listed on the decentralized exchange ShibaSwap and used for incentives.
An experiment in Shib centralized spontaneous community building. A leading group was formed by prominent figures in the original telegraph world. The purpose of this group is to allocate skills within the community to appropriate roles in the development of Shibs and to agree on future decisions for Shibs. Anyone who has the skills or time they can contribute to Shib will be invited to help develop and advance Shib. This team has so far been responsible for logo creation, social media presence, marketing and website development. The Shib community is at the heart of this project and will continue to grow and expand.
Founder: Ryoshi, he is also the founder of LEASH. The current price is about 850 US dollars, and the historical high is nearly 4,000 US dollars. It was fixed on the day of listing, and then he used his sickle to slash all the way.
shib white paper: https://github.com/shytoshikusama/shibawoofpaper/raw/main/SHIBAINU_Ecosystem_WOOF_Paper.pdf
First issued on 2021-02-01
Maximum supply 1 trillion pieces
The current supply is about 589 trillion pieces
Current circulation rate 58.93%
Total global market capitalization 2.53 trillion
Officially, SHIB is an experiment in decentralized spontaneous community building. SHIB token, nicknamed Dogecoin Killer, is the community’s first token, allowing users to hold hundreds of millions or even trillions of tokens. SHIB is an ERC-20 token, with a circulation of 1,000 trillion, and the price can remain below one penny. Circulation volume: 1000 trillion. 50% of the total supply is locked in Uniswap, with the remaining 50% burned to the address of Ethereum founder Vitalik Buterin. No private placement, no pre-mining, and no team rewards. Everyone buys on the open market, ensuring fair and complete distribution, and the development team does not own any tokens and cannot dump them to the community.
Ecology:
HIB is an experimental project for decentralized spontaneous community building. SHIB tokens allow users to hold billions or even trillions, nicknamed DOGECOIN KILLER (Dogecoin Killer), this ERC-20 token can be maintained in good condition for less than a penny, and in the short term Within time (relatively speaking) the increase can still exceed that of Dogecoin. Shiba Token (SHIB) is hugely popular around the world and has risen thousands of times, it is also the first cryptocurrency to be listed and incentivized on the decentralized exchange ShibaSwap. In addition to the SHIB token, it also released two other tokens: LEASH and BONE. LEASH: A rebase token originally set to be pegged to the price of Dogecoin. It has been fully released and will not be rebased. With a total circulating supply of just 100,000 tokens, it has the opposite characteristics of Shib, which has a much larger supply, offering special rewards to those who provide liquidity. BONE: is the next upcoming token Shiba Inu Bone, BONE token distribution, economic model and incentives will be announced when ShibaSwap is revealed. In fact, there is no hair ecology! #SHIBI
Community comments on the project:
The innovation of SHIB is to complete a completely decentralized attempt at token distribution based on PoS and other mechanisms. Most blockchain projects were based on the PoW mechanism in the early days. Just like Bitcoin, everyone can mine it. This kind of token distribution is completely decentralized; but with the emergence of the PoS mechanism, blockchain projects The distribution of tokens begins to have certain centralized characteristics. For projects based on mechanisms such as PoS, a portion of the tokens are generally reserved for teams and foundations. The tokens reserved for the team are mainly used to encourage team development, and the tokens reserved for the foundation are mainly used for ecological construction. In practice, the two They are almost just a group of people, and the shortcomings of centralization are very serious. This approach of the Shiba Inu community makes it mandatory for everyone to purchase on the open market, so that developers cannot dump their team tokens in the community, thus ensuring fairness and complete decentralization. As for the tokens transferred to Buterin's address, if Buterin eventually participates in project development, these 50% of the tokens may serve as an ecological fund. #热门话题