In recent years, meme cryptocurrencies have become increasingly popular among investors. However, most of these tokens do not carry any utility, and some even seem like scams. Among all these meme coins, Kiba Inu is a real gem that aims to become a useful ecosystem for the crypto community. In this article, we will delve deeper into Kiba Inu, its features, tokenomics, and roadmap.
Kiba Inu is a MemeCoin project that was released at the end of 2021. The project got its name in honor of Naruto’s anime character — Kiba Inuzuko. The developers of Kiba Inu set themselves the goal of becoming a useful ecosystem for the crypto community and not just another memecoin. To date, the Kiba Inu team has already launched a KibaSwap DEX, which has a number of exceptional features that distinguish it from competitors. But this is just the beginning. The team has already released a unique collection of 3D NFTs!
One of the unique features of Kiba Inu is its KibaSwap DEX. It is a multi-blockchain decentralized exchange on which users can conduct transactions with both ETH-based and BSC-based tokens. With the help of KibaSwap, users can swap tokens, create liquidity pools, as well as track statistics using the KibaChart tool. This tool allows traders to easily track token indicators such as price, 24-hour volume, market cap, number of transactions, price changes, and so on, without the need to use third-party platforms.
Moreover, KibaSwap provides other features that can be useful to traders. These functions can only be used by KIBA holders, and they include KibaFomo, Kiba HoneyPot, and KibaTools. Worth mentioning that KIBA swap has more than $100 Million in volume which sets it apart from other swaps, many users are moving from uni to kiba as the go to swap. Kiba swap supports Eth, BSC, Arbitrum, Polygon, Optimism and others are being added! Kiba swap revenue is used for buy backs burns and adding to liquidity pool, with over 130k been added to each chain!
The KIBA token exists in two networks, namely Ethereum and Binance Smart Chain. The maximum supply of tokens is set at around 2 trillion, that is, one trillion in each network. Each network has its own market capitalization. In addition, the circulating supply in each of the networks may vary due to the burning of tokens. Thus, to date, more than 178 billion KIBA have been burned on the Ethereum network. Likewise, more than 177 billion tokens have been burned in the Binance Smart Chain. Kiba ETH Total supply: 1T Circulating supply: 821,367,495,813, Kiba BSC Total supply: 1T Circulating supply: 822,689,860,789!
After the migration of the project 12 months ago to another more efficient smart contract, the fee model of KibaSwap has changed. Users are no longer required to pay tax on wallet-to-wallet transfers and the transfer of tokens from one network to another. However, the network’s fees still have to be paid.
Users are charged 0% fee for the purchase and 6% for the sale of tokens. 5% is sent to the treasury of the project, while 1% of KIBA is sent to the liquidity pool.
The Kiba Inu team provided a concise and clear roadmap consisting of 4 phases. The goals set in the first phase have already been successfully achieved: the launch of DEX, partnerships, listing on some major exchanges, and so on. To date, the project is in the second phase of development, during which it has released a 3D NFT collection and blockchain game is on the way.
The team at Kiba is focused on expanding its partnerships with other blockchain projects to increase interoperability, introducing a collection of Telegram bots, mini-games, and facilitating the drop of the next collection of Kiba NFT tokens.
The first phase of Kiba's roadmap focuses on these key areas. By expanding partnerships, Kiba aims to increase brand awareness and get more people to use Kibaswap. Collaboration and interoperability are essential in the blockchain space, and Kiba understands this.
In addition, Kiba is introducing a collection of Telegram bots that will provide users with useful tools and information related to the Kiba token and its ecosystem. The Telegram buy/sell bot will enable users to buy and sell tokens via Telegram without needing to use the website to swap. This feature will simplify the process for users and make it more convenient to use Kibaswap.
Furthermore, Kiba will introduce mini-games that will make the platform more interactive and engaging for users. The team understands the importance of keeping users engaged and excited about the platform. These mini-games will allow people to host and win contests via Kiba's own awesome games.
Finally, Kiba is facilitating the drop of the next collection of Kiba NFT tokens. The team has already minted the Genesis NFTs, and the next collection will be released with the new roadmap. This feature will create more opportunities for users to engage with the platform and support the Kiba ecosystem.
KIBA GENESIS NFT Collection is Rare and Unique! You can find it on #opensea
In conclusion, Kiba's roadmap for 2023 looks promising, and the team's focus on expanding partnerships, introducing Telegram bots, mini-games, and NFTs will help build a stronger, more engaged community around the platform. It will be interesting to see how Kiba progresses and innovates in the coming months, and we should stay tuned for updates on their progress oftheir roadmap.
