Shiba BSC Arabic Community AMA
Q1) Can you please introduce yourselves to the community.
The core development team has 7 people from the US, Japan, and Singapore. The team members are early Ethereum developers back to 2017 and has extensive DeFi development experience.
One of them is a senior expert in the field of virtual machines, who independently developed EVM and WASM virtual machines for multiple chains. Two of them are solidity senior experts. One is doing code audit for CertiK remotely. Two of them are experts in terms of development of cross-chain DeFi products and have participated in the development of three influential mainstream public chains.
The main members of our marketing team is from another successful project. As the operations manager, I am based in Europe and mainly provide services to investors from EU, US and Middle East.
Q2) Please tell us in detail about SHIBSC ?
In summary, SHIBSC is the sister of SHIB on the BSC chain. We will not only have the features of our brother SHIB on the ETH chain, but also have Blockchain Toolbox, NFT Marketplace, NFT GAME, and many more!
SHIBSC is a decentralized, community driven, fair launched Meme Token in BSC. It is a decentralized community experiment with nearly 20,000 active token holders by now.
Holders earn passive rewards through static reflection as they watch their balance of Shiba BSC grow indefinitely. All holders are simply getting more token by holding the tokens.
A brief one. I believe more investors will have more detailed questions later. I will get into details by then.
NFT is a topic that is currently being discussed a lot. If it wasn’t for such a good project, it would be different. We hope that those who will hold it will definitely be able to share it
It is not only the next chapter of art history, but also the chapter of the next Financial Revolution.
Q3) Please give us a sneak peak of your Roadmap?
The roadmap of SHIBSC focus on NFT and blockchain toolboxes. Currently, the first game “lucky pet”, and the first feature of the toolbox, LP value query, have already been launched.
We are going to announce more functions of our toolbox soon. The toolbox has the following functions:
1. Realtime LP value query (already online)
2. Bulk Token Transfer
3. One-click Token Launch
4. One-click Mining Pool Launch
5. Price Bot
6. New Mining Pool Monitoring
7. Market Data Analytics, similar to dextool
8. Smart Pool
We are developing the NFT battle game with the NFT cards, NFT Swap, more features.
When you listed cex exchanger? Any plan
We have already listed in BKEX and ZT
At the moment quite a few major exchanges have already contacted us.
We would like to go for the top three main CEXs, instead of working with small deals with small exchanges.
Gate, MXC, Bitmart, Kucoin, and many more are not really what we want.
It seems to us that you need to mention this in the roadmap. Because at present not everyone is giving much importance to dex exchangers to invest for a long time
Not really. These exchanges listing is not hard, you just need to pay them: from 20k to 80k USDT. You will be listed.
However, we would like to be more mature and get more recognition, and go for the top ones.
Instead of paying them and get listed quickly.
Our active holders of the tokens are increasing every day.
With strong community and fast development, more investors are coming.
We target at OK, Huobi and Binance.
We understand that the issue of listing is correct but those who invest but want to give priority to cex exchangers when they know listed here
I know. Actually, BKEX and ZT listed us, and we didn’t pay them at all.
Please be patient. We will be listed in a great CEX in the future.
We target high.
I know good things always come to fruition only after very hard work and pursuit. We will keep a close eye on you and hope you have a very good project. Those who invest here will get something better
Q4) Every project has a final goal which it is aiming to reach. Whats that final goal SHIBSC ?
SHIBSC is the twin brother and sister of SHIB. Our goal is definitely to build a super-large community like SHIB, but our products are definitely better than SHIB.
The final goal is open, and we accept the changes!
Things will move forward, and we have to steer the wheel.
Q5) Please shed some light on the Benifits of SHIBSC ?
The theme of shibsc is NFT games and blockchain toolbox. Toolbox are used to attract users to the NFT games. When the users do the LP mining, they can get NFT cards with different functions and values. These cards can be used by themselves or in our marketplace.
Those who are familiar with the concept of NFT should know that NFT marketplace are in strong demand, and NFT games are gaining popularity among more and more people, and NFT games are most likely to be the next hot spot.
We form a cycle and feed in each major products of our platform, causing a positive feedback.
That makes me excited already hold it
Well thanks a lot for answering questions from the host
Twitter question 01 💥
As we all know, the CoViD 19 pandemic is greatly affecting many lives and businesses globally. Does this affect Your Project positively or negatively?
Thanks. I hope the world can overcome the Covid soon.
I am sad to see the world is negatively impacted by the Covid.
However, we live in the decenland and crypto world
We work remotely and online.
The lockdown just gives us the opportunity to work intensively without distractions.
Actually, it is good for us.
Wherever we are, we should all stay healthy and follow the rules and regulations
It is true. Stay safe. MRNA and Pfeizer are suggested
Twitter question 02 💥
For the success of a project, investors, community and developers play a major role. What is your strategy to get them involved?
We will continue to develop more good products. Community members can use our tools and enjoy our games and toolbox. With more and more users, SHIBSC will be recognized by more people and the price will be higher and higher. Investors will follow while enjoying the economic benefits
In summary, our strong tech team will develop more competitive products, attract more users and more investors.
Our marketing team is also doing their best to grow our community members and long-term investors. Our twitter followers have ~18,000 followers
Twitter question 03 💥
What’s the focus of the ShibaBSC now? Build and develop products, win customers and users or partnerships? Are there any plans to burn or block unsold $SHIBSC tokens? control flexibility, cost and security?
At the time of launch, 67% of the tokens have been burnt to the blackhole address, the remaining 33% of the tokens was provided to the liquidity pool and locked permanently. Everyone has to buy on the PancakeSwap, this means project team has no more right for ownership than anybody else in the world.
We burn 6% of the transaction to achieve token deflation, 3% of which will be returned to the liquidity pool, and 3% will be distributed fairly to all token holders. The transaction slippage is recommended to 10% when trading. By now, more than 70% of the tokens have already been burnt.
All the fees charged from the toolbox are returned back to the community (we buyback and burn). Staking LP can get the lootbox NFT card which can be used to pay for the toolbox usage fee. There will be a type of limited edition NFT card. With this limited edition NFT card, you can use all the toolbox functionalities for free forever. Lootbox NFT cards can traded on our NFTSwap in the future.
Yes. We buyback and burn
At the moment, we are developing the NFT battle game with the NFT cards and NFT Marketplace.
For the marketing team, nearly every day we are organising some events to grow our community.
Our contract is audited by CertiK
Twitter question 04 💥
#SHIBA works “TOOLBOX” but, why is that important? Is this really profitable for investors? Can you explain in detail what benefits it offers? Are there any risks involved in doing this?
I think I have already answered this partially. Toolbox will provide the essential functions for all the DeFi users and all the fees charged from the toolbox are returned back to the community (we buyback and burn).
There is no risks for us
We are providing services to the community and hopefully will be rewarded as well.
Since we have a strong tech team, so we can integrate a lot of essential services into our platform.
Twitter question 05 💥
What is technology which are used by SHIBA BSC for fast and scalable transactions ?🔒 What kind of measures will be implemented to secure the chain with sharding and its security liabilities?
Binance Smart Chain
We don’t deal with this issue since the Binance Smart Chain is provided by Binance, not our focus.
Security & User Interface are the Most Important Aspect that Users see on a platform. How has #SHIBA-BSC worked on this? Does your platform suitable for newbies in this #Crypto field?
CertiK audited. Check out how professional CertiK is
1)What are the ways that generates income/revenue to maintain your project and what is its revenue model?also How can it make benefit win-win to both invester and your project ?
2)While you build your project, do you take into account community feedbacks and demands?
3)Who is your targeted customer? Besides Blockchain user do you have plan for non-crypto users too? If yes how can you attract them or what is your plan to attract them?
Toolbox and NFT marketplace are generating revenue for us. Burning mechanisms will make the token more and more valuable for holders.
Can you share us Tokenomics and how much token is reserved for team and how much will be available for public?
Read our medium articles to learn more. Teams have no tokens reserved for themselves and bought tokens from the pancakeswap.
Is your platform suitable for Crypto beginners? Or does it only appeal to professional users?
Are there any benefit by holding your token, for example any reward or incentives?
Do you plan for BSC or polkadot in future? Do have plans to add your project in various blockchains in the future?
Yes. 3% transaction tax will apply and will be rewarded proportionally to the holders.
We are on BSC. Might add support for Matic soon.