ShibaInuClassic – Gold Sponsor
We are happy to announce that the next project joining Infinity Airdrops is Shiba Inu Classic, who will be a Gold sponsor of the platform.
Shiba Inu Classic is a community-driven project looking to capitalise on the increasingly popular meme token culture and provide a full DeFi ecosystem for their users. This field has exploded in 2021 with many projects now featuring in the top coins by market cap. SHIBIC’s transparent approach that focuses on providing utility to their token is aiming to be the next big project with a meteoric rise through the ranks.
Shiba Inu Classic is building a platform on the Binance Smart Chain that will encompass a full range of DeFi services on the market, such as a proprietary wallet to store tokens, a swap and decentralised exchange, a powerful Dapp to facilitate community voting and a payment system for retail merchants to benefit from rapid crypto transaction times.
A vital part of the SHIBIC ecosystem will be the governance function incorporated into their Dapp. The project considers themselves the “People’s token” due to their focus on the community. This feature will allow the community to take part in the decision making of the project and future developments. In particular, they will choose the charity projects that receive 1% of all transactions of SHIBIC, as part of the tokenomics.
SHIBIC is a BEP20 token with an initial total supply of 1 quadrillion tokens. The team will be burning a large percentage of this supply immediately to leave a drastically smaller number of tokens remaining. The SHIBIC token will incur 6% fees on each transaction. 3% will be redistributed to holders as a form of passive income to incentivise holding. 2% will be immediately burned to stimulate deflation and allow for price appreciation. The final 1% will be given to a charity of the community’s choosing.
Shiba Inu Classic has a public and KYC’d team working on the project. They have a wealth of IT and business experience from previous ventures. They plan to utilise their expertise in software development to provide advanced DeFi solutions to the market, while complementing this with their business and marketing skills to make a mark in the crypto space and attract and grow a large community and investor base.
As a Gold sponsor of the Infinity platform, they will be providing 1 trillion SHIBIC tokens to the pool. These airdrops will be distributed over a period of 180 days to all investors who locked their 10set in Infinity.
Shiba Inu Classic will be conducting an IEO on Kanga Exchange on 23 November. This IEO will be open to all users of Kanga, with no KYC required. The token will later be listed publicly on Kanga exchange to facilitate trading, as well as a launch on PancakeSwap.
ShibaInuClassic official sources and social media:
Telegram Announcement Channel: https://t.me/shibainuclassic
Telegram Community chat: https://t.me/shibainuclassicfamily