SHIBSC AMA @BSC Daily

12 min readJun 12, 2021

BSCdaily — Chat, [10.06.21 18:20]

What is SHIBSC all about? Give us a little summary

Leigh SHIBA BSC, [10.06.21 18:20]

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!

Leigh SHIBA BSC, [10.06.21 18:21]

SHIBSC is a decentralized, community driven, fair launched meme token in BSC. It is a decentralized community experiment with nearly 34,000+ active token holders by now.

Leigh SHIBA BSC, [10.06.21 18:21]

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.

Leigh SHIBA BSC, [10.06.21 18:21]

A brief one. I believe more investors will have more detailed questions later. I will get into details by then.

Leigh SHIBA BSC, [10.06.21 18:22]

Done

BSCdaily — Chat, [10.06.21 18:22]

What an amazing idea!

BSCdaily — Chat, [10.06.21 18:22]

Could you tell us a little bit about yourself and your team? What are your past experiences?

Leigh SHIBA BSC, [10.06.21 18:22]

Sure.

Leigh SHIBA BSC, [10.06.21 18:23]

They are common questions and I have already prepared for this.

Leigh SHIBA BSC, [10.06.21 18:23]

The core development team has 7 people from the US, Japan, and Singapore. The team members are early Ethereum developers back to 2017 and have extensive DeFi development experience.

Leigh SHIBA BSC, [10.06.21 18:23]

We keep offering new features and products. The reason is simple: we have a strong tech team behind the project. 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.

Leigh SHIBA BSC, [10.06.21 18:24]

The main members of our marketing team are 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.

Leigh SHIBA BSC, [10.06.21 18:24]

Recently we hired more people considering the exponential growth of the community members.

BSCdaily — Chat, [10.06.21 18:24]

Why did you and your team decide to build SHIBSC?

Leigh SHIBA BSC, [10.06.21 18:25]

Let me start by providing some facts.

Number matters:

CoinMarketCap：110,000 likes

34,000 holder addresses

Twitter: 100.7k followers

Telegram：~100,000 members.

Leigh SHIBA BSC, [10.06.21 18:27]

Good question.

Leigh SHIBA BSC, [10.06.21 18:28]

Initially we decided to develop tools for a safer BlockChain environment.

Leigh SHIBA BSC, [10.06.21 18:28]

Back to that time, Shiba will extremely popular and we would like to take advantage of the influence of shiba.

Leigh SHIBA BSC, [10.06.21 18:29]

Since we believe we have all the capabilities to build a better shiba, we decided to extend what we could do to the SHIBSC

Leigh SHIBA BSC, [10.06.21 18:30]

Shiba ETH is way too expensive, and lack of NFT marketplace, blockchain tools and Games.

Leigh SHIBA BSC, [10.06.21 18:31]

Actually, we are experiencing a major transformation from a meme token to a utility token with strong technical support.

BSCdaily — Chat, [10.06.21 18:31]

Thanks for a detailed answer

BSCdaily — Chat, [10.06.21 18:31]

Let’s dive into your token $SHIBSC. Can you share with us your tokenomics? And what are some of $SHIBSC use cases?

Leigh SHIBA BSC, [10.06.21 18:33]

At the time of launch, 67% of the tokens have been burnt to the blackhole address, the remaining 33% of the tokens were 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.

Leigh SHIBA BSC, [10.06.21 18:33]

Now the 70.26% tokens have already burnt.

Leigh SHIBA BSC, [10.06.21 18:34]

6% transaction tax is applied to achieve token deflation, 3% of which will be returned to the liquidity pool, and 3% will be distributed fairly to all token holders.

Leigh SHIBA BSC, [10.06.21 18:35]

All the fees charged from the toolbox are returned to the community (we buyback and burn).

Leigh SHIBA BSC, [10.06.21 18:36]

One thing is that the blackhole address is also getting the RFI rewards. That means we burn much more than what we claim.

Leigh SHIBA BSC, [10.06.21 18:37]

We are doing our best on marketing and hopefully more and more people will use our toolbox.

Leigh SHIBA BSC, [10.06.21 18:38]

More and more people will use the tools and SHIBSC will be the utility token of these services, which means more tokens will be burnt due to the transaction fee itself.

Meanwhile, the LP pool will get more liquidity and make the price more stable.

BSCdaily — Chat, [10.06.21 18:39]

Does $SHIBSC get audited?

Leigh SHIBA BSC, [10.06.21 18:39]

sure. By the best: Certik.

Leigh SHIBA BSC, [10.06.21 18:39]

As I mentioned, we have one developer working for Certik. Easy for us.

Leigh SHIBA BSC, [10.06.21 18:40]

https://www.certik.org/projects/shibabsc

Leigh SHIBA BSC, [10.06.21 18:40]

All smart contracts from our team will be audited to make sure they are safe and reliable.

BSCdaily — Chat, [10.06.21 18:43]

Thank you. Now can you share with us a little about your roadmap?

BSCdaily — Chat, [10.06.21 18:43]

What can we expect in the next 3 months and in 2021 as a whole?

Leigh SHIBA BSC, [10.06.21 18:44]

The roadmap of SHIBSC focus on NFT and blockchain toolboxes. Currently, the game “lucky pet”, and some features of the toolbox, such as LP value query, token generator, token MultiTransfer have already been launched.

Leigh SHIBA BSC, [10.06.21 18:45]

I just list what we have we are going to do:

1. First NFT game, Lucky Pet (online)

2. LP Value Query (online)

3. One-Click Token Generator (online)

4. Token MultiTransfer (online)

5. DeFi Monitoring (New Mining Pool Minitoring, online)

6. NFT marketplace (coming soon)

7. One-Click Mining Pool Launch (coming soon)

8. Price Bot (coming soon)

9. Market Data Analytics and Price Charts (coming soon)

10. Smart Pool (coming soon)

BSCdaily — Chat, [10.06.21 18:46]

It’s a really detailed plan and timeline for people to follow

BSCdaily — Chat, [10.06.21 18:46]

thank you so much

Leigh SHIBA BSC, [10.06.21 18:46]

In next 3 months: NFT marketplace and “Oracle”

Leigh SHIBA BSC, [10.06.21 18:46]

Oracle is very complicated….

Leigh SHIBA BSC, [10.06.21 18:46]

https://shiba-bsc.medium.com/review-of-the-pancakebunny-attack-47779a02eb0e

Leigh SHIBA BSC, [10.06.21 18:47]

This is the reason we make the Oracle, since too many attacks for projects in the BSC chain.

Leigh SHIBA BSC, [10.06.21 18:47]

We would like to make the BSC projects more secure and safe.

Leigh SHIBA BSC, [10.06.21 18:48]

For NFT marketplace, the reason is obvious, it is so HOT!

Leigh SHIBA BSC, [10.06.21 18:48]

https://www.theverge.com/2021/3/11/22325054/beeple-christies-nft-sale-cost-everydays-69-million

Leigh SHIBA BSC, [10.06.21 18:48]

https://github.com/Shiba-bsc/Shiba-bsc-core/blob/master/contracts/dexOracle/ShibscOracle.sol

Leigh SHIBA BSC, [10.06.21 18:49]

We already have the contract for the Oracle under test and will be audited soon.

Leigh SHIBA BSC, [10.06.21 18:50]

At the moment, most popular projects on the Binance Smart Chain, such as PancakeBunny and Merlin Labs, do not have a good quality oracle with a secure data feed, which results in frequent price attacks.

Leigh SHIBA BSC, [10.06.21 18:50]

With many years of DeFi development experience, our team analyzed these attacks carefully, and designed a secure and highly efficient Oracle protocol. It provides a solid infrastructure for DeFi development and creates a safer and more reliable ecosystem.

Our Oracle is the next-generation cross-chain Oracle Protocol, which aims to build a data bridge between DEX and CEX safely and efficiently. It feeds data to the smart chain from centralized exchanges, providing fundamental facilities and systems for DeFi dApps.

Leigh SHIBA BSC, [10.06.21 18:51]

More introduction about the “Oracle” will be in our medium articles.

Leigh SHIBA BSC, [10.06.21 18:51]

In general, we will follow the market trend and develop more practical and valuable products

Leigh SHIBA BSC, [10.06.21 18:54]

All the tools and products we showed on our official websites are done in less than 4 weeks.

BSCdaily — Chat, [10.06.21 18:55]

Thank you so much

BSCdaily — Chat, [10.06.21 18:55]

And the last question for this session

Leigh SHIBA BSC, [10.06.21 18:55]

Brilliant

BSCdaily — Chat, [10.06.21 18:55]

Where can we find out more about SHIBSC?

Leigh SHIBA BSC, [10.06.21 18:57]

Buy SHIBSC: https://exchange.pancakeswap.finance/#/swap?inputCurrency=BNB&outputCurrency=0xdF0816CC717216c8B0863aF8d4f0fC20Bc65d643

Attention: Set slippage to 10% ! (This is necessary because of the 6% fee per transaction)

Charts:

https://coinmarketcap.com/currencies/shiba-bsc/

https://www.coingecko.com/en/coins/shiba-bsc

SHIBSC Contract address: 0xdF0816CC717216c8B0863aF8d4f0fC20Bc65d643

Website: https://shibsc.com/

NFT Game: https://shibsc.com/#/game

Toolbox: https://shibsc.com/#/toolbox

Twitter: https://twitter.com/SHIBA__BSC

Medium: https://shiba-bsc.medium.com

Telegram: https://t.me/SHIBSC_Global

Leigh SHIBA BSC, [10.06.21 18:57]

that’s pretty much all the info I can find right now….

BSCdaily — Chat, [10.06.21 18:58]

Thank you Leigh

Leigh SHIBA BSC, [10.06.21 18:58]

Thank you

BSCdaily — Chat, [10.06.21 19:00]

That’s the end of the 1st segment

Thanks a lot for answering questions from the host @GreatCryptoSurfer 🔥

Let’s move to our next segment — Live Questions

I guess we are all excited to know more about SHIBSC :)

BSCdaily — Chat, [10.06.21 19:00]

In this segment, chat will be open and you guys may send questions related to SHIBSC. Our speaker will choose the best 5 questions to answer and those with the best questions will share $100 BUSD!

Leigh SHIBA BSC, [10.06.21 19:00]

Thank you

BSCdaily — Chat, [10.06.21 19:00]

Shall we start @GreatCryptoSurfer?

Leigh SHIBA BSC, [10.06.21 19:00]

I probably just randomly choose 5 easy questions

Leigh SHIBA BSC, [10.06.21 19:00]

[ GIF ]

Leigh SHIBA BSC, [10.06.21 19:01]

Please go ahead.

BSCdaily — Chat, [10.06.21 19:01]

Great, here we go!

Odhora, [10.06.21 19:03]

🔴🔴Q) I want to have a LONG TERM INVESTMENT with your platform, but I’m in doubts right now, how can you convince and assure me this project is Secured and PROFITABLE?

Leigh SHIBA BSC, [10.06.21 19:07]

I choose this one first.

Leigh SHIBA BSC, [10.06.21 19:08]

First, smart contracts are audited by the best audit company: CertiK.

Leigh SHIBA BSC, [10.06.21 19:09]

Second, the liquidity is permanently locked (the LP tokens have already sent to the blackhole address, no one can get it back).

Leigh SHIBA BSC, [10.06.21 19:09]

Third, all the code are verified in the BSC chain, you can read the code and check it out.

Leigh SHIBA BSC, [10.06.21 19:10]

For the “profitable” part:

Leigh SHIBA BSC, [10.06.21 19:10]

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).

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.

Leigh SHIBA BSC, [10.06.21 19:10]

You, as the investors, will be benefited from all these.

Leigh SHIBA BSC, [10.06.21 19:11]

As long as you hold the tokens, all rewards generated from the transaction tax will be automatically rewarded to you.

Leigh SHIBA BSC, [10.06.21 19:11]

I also mentioned about our burning mechanism, which means your tokens will be more and more valuable.

Henry Covill, [10.06.21 19:03]

Could you please describe how your project plan to support NFT development? and do you have any project plans for combining NFT with DeFi?

Leigh SHIBA BSC, [10.06.21 19:12]

I pick up this one as the second one.

Leigh SHIBA BSC, [10.06.21 19:12]

I pick up this one as the second one.

Leigh SHIBA BSC, [10.06.21 19:14]

NFT will be one integral and essential part for SHIBSC ecosystem.

Staking LP (BNB/SHIBSC LP mining will be provided) 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 NFT marketplace in the future.

Leigh SHIBA BSC, [10.06.21 19:15]

At the moment, we are developing the NFT battle game with the NFT cards and NFT Marketplace.

We are also trying to bridge the crypto-world and physical world by making the shibsc tokens to be used for paying real services and products in the real world.

BSCdaily — Chat, [10.06.21 19:15]

@GreatCryptoSurfer It will be nice if you can check the questions from the beginning too

Leigh SHIBA BSC, [10.06.21 19:16]

Ok. Give me some time….Too many of them…

BSCdaily — Chat, [10.06.21 19:16]

Though it takes more time but don’t worry, we can wait haha

BSCdaily — Chat, [10.06.21 19:16]

Take your time haha

Blackdiamond, [10.06.21 19:01]

The MEME token is definitely making a real impact in the crypto space, even for non-crypto users. What is your goal when it comes to breaking barriers to entry in the DeFi and blockchain world for more non-crypto users? How will this token help more users to participate? How will you differentiate ShibaBSC to other meme based platforms?

Leigh SHIBA BSC, [10.06.21 19:17]

I choose this one.

Leigh SHIBA BSC, [10.06.21 19:17]

We are different from other MEME tokens.

Leigh SHIBA BSC, [10.06.21 19:19]

We are confident, capable, and dedicated for this project, we have strong tech and marketing team (one reason why I am here…).

Leigh SHIBA BSC, [10.06.21 19:20]

For example, we have the Token MultiTransfer tool. Token MultiTransfer in the SHIBSC toolbox is a free tool for efficiently sending airdrops to a large number of addresses. It transforms many transfers into a small number of transactions, and distributes tokens to a group of addresses with minimal fees. Token MultiTransfer supports the BSC Chain as well as the Ethereum mainnet (coming soon) to send ERC20 tokens.

Leigh SHIBA BSC, [10.06.21 19:21]

When processing a large number of addresses, transfers will be split into a small number of transactions (up to 500 per transaction). There is a minimum cost associated with each transaction. By consolidating hundreds of transfers into one transaction, the minimum cost is reduced to one instead of hundreds, resulting in significant cost reduction. When the network is congested, some transactions may fail. If you use a traditional multi-transfer tool, the successful and failed transactions are mixed up, making it difficult and time-consuming to track. Token MultiTransfer will report success or failure for all the transfers in one transaction, which is timesaving for decision making.

Leigh SHIBA BSC, [10.06.21 19:21]

This tool only took us a few days to implement, and no one is doing better than us (even they are already online for years…).

Leigh SHIBA BSC, [10.06.21 19:22]

The most important product for professionals, the Oracle, is nearly done.

Leigh SHIBA BSC, [10.06.21 19:23]

DC Bridge Oracle is the next-generation Cross-chain Oracle Protocol, which aims to build a data bridge between DEX and CEX safely and efficiently. It feeds data to the Smart Chain from Centralized exchanges, providing fundamental facilities and systems for DeFi dApps.

Leigh SHIBA BSC, [10.06.21 19:23]

Advantages

- Custom Oracle compression algorithm running on the chain

- High-performance data caching service

-Oracle node fusion middleware

- Information from reliable multi-sources.

- Cross-chain price feed in parallel with DEX price feed.

Leigh SHIBA BSC, [10.06.21 19:24]

As you can see, we are developing products which will benefit for all products running on the blockchain. Ambitious and challenging.

Leigh SHIBA BSC, [10.06.21 19:25]

We are better than all the MEME tokens since we can do things other MEME tokens can NOT do. They can only emphasize the “culture” side of the tokens.

Leigh SHIBA BSC, [10.06.21 19:27]

For bringing down the barrier for the outsiders, our tools are doing a great job since it makes things easy for the new investors.

Leigh SHIBA BSC, [10.06.21 19:27]

Moreover, through our NFT marketplace and games, everyone can participate if he/she can create art and/or like to play games.

ShitDown, [10.06.21 19:02]

On moving forward through your roadmap, what are your most important next priorities? Does the SHIBSC team have enough fundamental (Funds, Community, etc?

Leigh SHIBA BSC, [10.06.21 19:28]

I pick up this one

Leigh SHIBA BSC, [10.06.21 19:29]

Oracle is the most thing for us now!

Leigh SHIBA BSC, [10.06.21 19:30]

We have dedicated team, huge community support to make this project a success one.

Leigh SHIBA BSC, [10.06.21 19:30]

CoinMarketCap：110484 likes

34023 holder addresses

100.4k followers on Twitter

Telegram：90028 members

Leigh SHIBA BSC, [10.06.21 19:31]