Cape Coral, Florida--(Newsfile Corp. - December 1, 2021) - Kiba Inu wants to revolutionize the crypto space by providing a safe haven for investors and new coin startups alike. Kiba Inu not only wants to present a safe floor for investors but has also launched its Kiba Bridge that is unifying the investors in Ethereum and Binance Smart Chain (BSC) space alike.
Figure 1: KIBA INU: WORLD'S FAVORITE CRYPTO MEME COIN
WHAT IS $KIBA?
Kiba Inu, $KIBA is the native token for the Kiba Inu ecosystem. The token is used to carry out current and upcoming utilities in the same ecosystem. Kiba Inu was recently launched on the Binance Smart Chain, and compared to an already popular token named Floki, Kiba Inu is also building a bridge between Ethereum and Binance Smart Chain that will allow the holders on either side to bridge across to the other without any difficulty. Kiba Inu is not to be confused with shitcoins present on the Binance Smart Chain. Kiba Inu is a utility token featuring Kiba Swap: the in house dex, Kiba Bridge: a network bridge unifying the blockchains, Kiba Gains: Portfolio tracker, Kiba Charts: an analytical tool to study transactions and charts, Kiba Fomo: Token Tracker and last but not the least, Kiba HP checker: a Honey Pot identifying tool.
Along with multi-chain support, Kiba Inu has many utilities to offer:
Kiba Swap is the in-house decentralized exchange built by the Kiba Inu team with the ability to provide multichain compatibility. Currently, their decentralized exchange offers support for Binance Smart Chain Network and Ethereum network, where Kiba is currently available.
Kiba bridge provides interoperability between the Binance Smart Chain network and Ethereum Network that further enables the $KIBA holders to switch in between chains with ease. The bridge was built by the Kiba Inu team in association with Moontography, which is a group of pioneer developers that specializes in such feats.
KIBA HONEY POT CHECKER
A honeypot is a smart contract that pretends to leak its funds to an arbitrary user (victim), provided that the user sends additional funds to it. However, the funds provided by the user will be trapped and at most, the honeypot creator (attacker) will be able to retrieve them.
The Kiba Honey Pot Checker runs test buy and sell from any smart contract that needs to be verified. The test is run via code that alerts the user if the smart contract is indeed a honey pot or a similar scam or if the smart contract is safe to trade with. It also shows the buy and sell tax incorporated in the given smart contract. Kiba Honey Pot checker comes with multi-chain support for both Binance Smart Chain and Ethereum Blockchain.
Kiba gains is a portfolio tracker that allows the users to conveniently track their gains with the use of a custom-built dashboard that also shows the current balance, reflections earned, and more. The dapp is very user-friendly and does its job efficiently.
Kiba Charts is another utility offered in the Kiba Inu ecosystem, it is a utility that allows a user to view charts and transaction data related to any token currently available for import on the Uniswap. This allows users to stay on the Kiba Swap instead of switching to other platforms like Dextools and Bogged Finance.
Kiba fomo acts as a token tracker that provides information regarding all the recently listed tokens on the Polygon chain, Binance Smart chain, Ethereum Blockchain, and more. Kiba Fomo is powered by tokenfomo.io.
$KIBA holders will have exclusive access to the Kiba tools suite, which will offer launch pad like services directly within Kiba Swap, offering features like minting new tokens, liquidity locks, token locks, Initial Coin Offerings before launch, the functionality for the Kiba tools suite will be implemented through Unicrypt.
Marketing and Tokenomics:
With Jake Paul as their brand ambassador, the project has already seen an all-time high of $100 million in market capitalization in a span of 30 days. The project is relying extensively on influencer marketing and bringing new partnerships very frequently, the most recent ones being a partnership with superbid.io. SuperBid.io is an innovative social-auction app that connects influencers with their fans, as well as bringing Ryan Garcia onboard Kiba Inu. The project has seen a huge success in such a short period and has proven its mantle in the Binance Smart Chain space.
Jake Paul Tweet here - https://twitter.com/jakepaul/status/1461910545062240261?s=21
The smart contract for $KIBA incorporates a buy/sell tax of a total of 10 percent that further breaks down into 1 percent for reflections to provide passive income to the holders and 9 percent for their extensive marketing. There is also an exception in Sell tax. If the sell is transacted in the first 24 hours of the purchase a tax of 25 percent will be applied to punish the paper hands as well as furthering a buy pressure.
Kiba Inu as an ecosystem has a lot to offer ranging from the Kiba Swap to their Kiba Tools Suite. They also plan to release an NFT marketplace along with Gamefi integrations and an Anime ecosystem for all the otakus and anime savvies out there. They will be listed on Bitmart on 14th December and there is also a partnership with Tory Lanez that's imminent.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106154