Shiba Inu Classic

Shiba Inu Classic is a community-driven initiative that aims to capitalise on the growing meme token culture by offering a complete DeFi environment to its users. In 2021, this industry expanded, with numerous projects currently ranking among the top currencies by market cap.

SHIBIC is striving to be the next great project, with a meteoric climb through the ranks, thanks to its transparent strategy that focuses on delivering use to their token.

Shiba Inu Classic is developing a platform on the Binance Smart Chain that will include a full suite of DeFi services, including a proprietary wallet for storing tokens, a swap and decentralised exchange, a powerful Dapp to facilitate community voting, and a payment system for retail merchants to take advantage of fast crypto transaction times.

The governance feature built into the SHIBIC Dapp will be a critical component of the ecosystem. Because of their focus on the community, the initiative calls itself the “People’s Token.” This feature will allow the community to participate in the project’s decision-making and future advancements.

They will specifically identify the charitable initiatives that will receive 1% of all SHIBIC transactions as part of the tokenomics.

SHIBIC is a BEP20 token with a one-quadrillion-token initial supply. The team will burn a huge portion of this supply right away, leaving a significantly lesser quantity of tokens. Each transaction involving the SHIBIC token will incur a charge of 6%. To encourage holding, 3% will be allocated to holders as a kind of passive income.

To accelerate deflation and allow for price appreciation, 2% will be incinerated immediately. The remaining 1% will be allocated to a charity of the community’s choosing. 

Shiba Inu Classic is being worked on by the public and KYC’d crew. From past projects, they have a plethora of IT and commercial knowledge. They want to use their software development abilities to bring innovative DeFi solutions to the market, as well as their business and marketing talents to build a name for themselves in the crypto sector and attract and grow a huge community and investor base.

They will contribute 1 trillion SHIBIC tokens to the pool as a Gold sponsor of the Infinity platform. All investors that locked their 10set in Infinity will get these airdrops over the course of 180 days.

On November 23, Shiba Inu Classic held an IEO on Kanga Exchange. This IEO will be available to all Kanga users, and no KYC will be required. To facilitate trade, the token will subsequently be posted publically on the Kanga exchange as well as a launch on PancakeSwap.

ALSO READ: What Is Kishu Inu (KISHU)?

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