Bitcoin and altcoins: websites, Reddits, Githubs, Telegrams, RSI, OKX...: Shiba Inu (SHIB) - website, Reddit, Github, Telegram, RSI, OKX.

Shiba Inu token (ticker: SHIB) is a decentralized cryptocurrency created in August 2020 by an anonymous person or group known as "Ryoshi".[1] It is named after the Shiba Inu (??), a Japanese breed of dog originating in the Ch?bu region, the same breed that is depicted in Dogecoin's symbol, itself originally a satirical cryptocurrency based on the Doge meme.[2] Shiba Inu has been characterized as a "meme coin" and a pump and dump scheme.[3][4] There have also been concerns about the concentration of the coin with a single "whale" wallet controlling billions of dollars' worth of the token, and frenzied buying by retail investors motivated by fear of missing out (FOMO).[5]

Shiba Inu was created in August 2020, dubbing itself the 'Dogecoin killer'.[1] On 13 May 2021, Vitalik Buterin donated more than 50 trillion SHIB (worth over $1 billion at the time) to the India COVID-Crypto Relief Fund.[6]

The exchange price of the cryptocurrency notably surged in early October 2021. Its value increased 240% over the week.[7] However, at the beginning of November the price dropped and continued to fall, ending the month having lost approximately 55% of its value.[8][9][10]

A meme coin (also spelled memecoin) is a cryptocurrency that originated from an Internet meme or has some other humorous characteristic.[1] It may be used in the broadest sense as a critique of the cryptocurrency market in its entirety, those based on particular memes, such as "dog coins", celebrities like Coinye, and pump-and-dump schemes such as BitConnect. The term is often dismissive, comparing the value or performances of those cryptocurrencies to that of mainstream ones. Supporters, on the other hand, observe that some meme coins have reached high market capitalizations.[2]

In late 2013, Dogecoin was released after being created as a joke on the Doge meme by software engineers. This sparked the creation of several subsequent meme coins. In October 2021, there were about 124 meme coins circulating in the market. Notable examples include Dogecoin and Shiba Inu.[2]

In late 2021, advertisements promoting the meme coin Floki Inu in London led to subsequent investigations around promoting the meme coin, considered to be an unregulated financial product by the ASA (The Advertising Standards Authority).[3]

Some countries have taken steps to regulate meme coins. In early 2021, Thailand Securities and Exchange Commission banned meme coins as part of a crackdown on digital goods with "no clear objective or substance".[4] However, not all so-called meme coins are devoid of substance and purpose. For example, the microcap Pawthereum uses a small tax on each transaction to help animal charities, raising hundreds of thousands of dollars in the process.[5][6]

SHIBA INU CLASSIC
Whitepaper

1
Disclaimer

This whitepaper does not represent an offer document of any kind or
financial recommendations or prospectus and is not intended to
illustrate a solicitation for investment in cryptocurrencies, and the
information provided shall not be considered legal, financial, business,
tax or investment advice. Please seek necessary advice from your tax
advisor, your legal or any other professional advisor or your local
authorities to assist you in making your own decisions.

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Executive Summary

Shiba Inu Classic, as the name suggests comes out of the current hype
of Shiba Inu’s Popularity, but it is not a meme coin, its utility token. This
token is built because there was a need for a token which is not just hyped
up because of celebrity endorsements, whales buying them or for high
frequency intraday trading but its built to provide day to day actual
cryptocurrency decentralized finance solutions.

We intend to build the complete De-Fi ecosystem around this token
including but not limited to A Super Dapp which contains the financial
solution features including but not limited to Wallet, a Swap platform, A
staking and yield rewarding system.

After completing the initial DEFI solutions setup, we will move into the
small payments system In both B2B segment and B2C segment by
integrating our own payment processing and facilitation system with retail
partners for enabling small consumer level payments for any kind of
purchases and bill payments.

This will ensure wider adaptability of the project. The last part of the vision
is to launch our own third gen blockchain which is flexible, robust and
secure enough to cater to wider needs of financial institutions.

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Project Positioning

According to market analysis (as of 19th Nov, 2021) there are about
124 declared and significant volume holder meme coins, with
Dogecoin and Shiba Inu leading the market with 34 Billion and 30
billion market cap and being one of the most precious crypto asset for
being at 10th and 11th position and Shiba being at 11th position for the
daily trade volume of upwards of 2 Billion USD. Coin market cap is
currently tracking 139 categories of cryptocurrencies ranging from
DeFi to Meta category.

There is no dearth of solutions for almost all the use cases. Some of
them has amazing team to support project, some of them are pure
marketing play. Some of them are on forefront of crypto based
research tech like polygon.

One thing which is prevalent in the industry is most of the crypto asset
are being either considered as trade asset or investment asset. This is
not going to change until we find a cost effective and more efficient
way to transfer and use the Crypto asset in an actual day to day
use case currency scenario.

The current hurdle in wide range adoption of non utility tokens and
lack of regulation in the market and assets bring prone to speculation.

This opens up a a big white space to position a transparent
governance enabled and robust and antifragile tokenomy based
project which has a mission to work with community and build DEFI
solutions which cryptocurrency and blockchain technology is actually
destined to deliver in this industry.

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Shiba Inu Classic

Shiba Inu Classic was conceived out of the need of a flexible, cheap and
fast currency out there on web 3.0.

We aim to cover the white space of the DEFI ecosystem which has actual
use case in the industry, means being the token with an aim to focus on
one Application which can cater to almost all the need of a retail user i.e
One super all like Wechat/PayTm in China/India.

Our vision is to get wider acceptability in the community, by providing
the essential tools not just to the trading community but also to small
retail investors who can use the coin in multiple use cases.

Since a long time BTC and ETH has become just another investment tool,
even after wider adoption within the community, they are simply too
expensive to be used in actual financial use cases other than trading, as
the wallet fees and Gas fees) are very high on both the blockchain for
people who are doing lower value transaction. Being a proof of work
blockchain, Speed is another issue as is throughput.

Shiba Inu Classic ( SHIBIC) is based on BSC ( binanace smart chain),
which offers better throughput of transactions which is a primary
requirement of the whitespace we are looking at, along with a stable and
highly secure block-chain.

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SHIBA INU CLASSIC Token Model

Product Feature Token Milestones Decisions e.g
Prioritization Done By the Token Burning, liquidity control,
Community smart contract automations are
done by the ocommunity

Monthly Charity Polls are run to let the community
decide where the charity money should go

Built for the community, with the community and to give back to the community.

Our Community Decisions Lead model will ensure that we build our
next phase of product the way our user base wants us to build. While we
focus on deep integrations and building the core technology to enable
more and wider sub D-apps in our Super D-apps
Along with community led product growth governance, it also has
community led charity function, because we strongly believe that all
actions should be community led. Every month there will be polls and our
community will decide which cause we donate.
The main idea of Building a community led model is to enable a
Ecosystem which is transparent and is of use for our community,
not just trading and investment but for real transactions

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THE SHIBIC SUPER D-APP

We propose to build a Super Dapp which will function as a one stop
shop for Defi solutions, we want to bring the world of convenience
and whole defi ecosystem to our users in one single place. Current
Scenario is confusing a lot of users. Our role models are Wechat/Paytm
who has successfully integrated all services which community needs
right there in one single app.

Our App will have the Following features-
(including but not limited to)

? In Built Swap Functionality
? In Built Wallet
? Internal Wallet to Wallet SHIBICs Transfers along with internal chat
feature and instantaneous payment delivery alerts (internal
transfers will not have 6% tax fee charged)
? Bill and Utility Payments Facility (*as merchants partner with us for
accepting the payment, timeline is flexible for this feature)
? Gas Fees control options - Dapp will suggest options to help you
reduce gas fees as much possible
? SHIBIC Pay - Pay Online / Offline Merchants with QR Code and
other address identification methods in SHIBIC instantly
? In Built Blockchain Browser and Dex Exchange
? Physical Withdrawals of SHIBIC into Fiat via partner OTC
Networks worldwide
? Rewards Program - Rewards for High Participation in Community
lead decisions ( eg. roadmap features, charity activities, burn
milestones, automations enablement decisioning for solving
issues) and in contests

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Tokonomics

? Initial Supply is 1 quadrillion coins, out of which 90% will be burned in
accordance to the milestone.
? We ley a 6% transaction fees on every transaction.
? We have carefully reviewed our tokenomics and optimised it for our
community to create long term wealth by rewarding coin holders with
automatic redistribution of 3% of coins of every transaction.
? We also burn 2% of all transactions automatically. Apart from this we
have manual burs according to milestones.
? We have reserved 1% for team expansion and another 1% for our
investors. 0.5% for contingency and 0.5% for Marketing.
? 2% percent is reserved for the exchanges and 5% for swap liquidity/
partnerships
Transparent Burn Wallets are created and their address are as follows, all
manual burns at their specific milestones will be done by below address-
? 0x8a9ea666f4080c7c794f2c247da60da938d06a9c
? 0x6f3cadb1b35576f049deb1ce094894cfcabe5819
? 0x8803e8eb512833ed4d2b2bd534f5fcdf81c7283e
? 0x1f5f499bfeaeb27ad8e5c8f1ca1ccc72f432e111
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Funding Allocation

? We aim to generate funds from IEO on multiple exchanges. 40%
funds will be spent on product development to provide strong
backbone to the Super Dapp product we will build.
? We intend to spend 20% of collected funds for marketing. Another
10% in business development, which is exchanges fees & liquidity
etc.
? We have set aside 10% for legal opinions and other legal
expenditures.
? 5% of funds are allocated to develop interactions with investors.
And 5% is our contingency fund.
? We intend to spend 10% of collected fund to run the day to day
operation of our community and company.

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SHIBIC’s Value Props Vision

SHIBIC is in for long haul and
all developments are added
LONGEVITY to whitepaper and PRs
constantly
Built to scale and enable
very small value transaction
COMMUNITY thus every one can adopt
SHIBIC

Developments, Milestones
TRANSPARENCY and all progress news
shared transparently

Own NFT Marketplace,
DEFI SOLUTIONS Wallet, Swap solutions

Tradable & Stackable token
PURCHASE for value growth

BSC Highly Secure Blockchain
BLOCKCHAIN with Smart contract audited

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Technical Strengths & Roadmap
? Built on BSC, for speed and robustness as BSC is
more robust than both Ethereum and Bitcoin.
? Less transaction and Gas fees
? Planned release of proprietary wallet in June 2022.
? Planned own swap and stacking by Sept 2022
? Planned release of own DEX by December 2022
? Planned payment system for retail merchants by
DEC 2022

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Long term Vision with SHIBIC

? Intend to make token supply robust and antifragile,
by locking the signi?cant supply in liquidity pools
and exchanges to enhance trading and reliability of
coin.
? Phased Automatic and Manual Token burning of coin
to promote the value in alignment to product and
token adoption milestones.
? Once 95% tokens are burnt and only 50% Trillion
Tokens are left, automatic and manual burning will
be turned off and CEX Tier 1 Exchanges listing
roadmap will be engaged.
? Creating own Dex and swap platform will help us
creating inclusive environment for community.
? Creation of scaled payment facilitation system for
widespread adoption among merchants by March
2023

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True decentralisation of a
coin is only when people
accept it for actual
payments for stuff they
bought and not just
trading on Crypto
Exchanges. Latter just
make it another tradable
asset and is not different
from traditional securities
and in fact make it even
more riskier.
~all father bull dog

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Aiming for 1 Million+
Wallets...together.

#SHIBAINUCLASSIC

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Shiba Inu (SHIB) - website, Reddit, Github, Telegram, RSI, OKX.

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