Burns burns burns...as we know, the daily burns from Shikoshi have ended, as he burned all of his tokens, but since Vitalik sold and donated his share, a dilemma arose...since the supply is in the hands of the community, how can we make it more scarce?
An idea arose! ๐ก
For our upcoming NFTs, on our minting dapp, tied to the ETH cost...a % on EVERY mint will buy $SHIK on the open market and burn it.
Also, another % of the royalty of every future NFT sale also goes towards buying $SHIK on the open market and burning it.
Also, await the donation wallet.
We deliver, every time. (Some food for thought below.)
If we are the only memecoin that Vitalik has donated from, to the development of Ethereum, what's stopping us from becoming the "Memecoin of Ethereum"?
Nothing is impossible if the community acts. Decentralization is a founding tenet.
Burns burns burns...as we know, the daily burns from Shikoshi have ended, as he burned all of his tokens, but since Vitalik sold and donated his share, a dilemma arose...since the supply is in the hands of the community, how can we make it more scarce?
An idea arose! ๐ก
For our upcoming NFTs, on our minting dapp, tied to the ETH cost...a % on EVERY mint will buy $SHIK on the open market and burn it.
Also, another % of the royalty of every future NFT sale also goes towards buying $SHIK on the open market and burning it.
Also, await the donation wallet.
We deliver, every time. (Some food for thought below.)
If we are the only memecoin that Vitalik has donated from, to the development of Ethereum, what's stopping us from becoming the "Memecoin of Ethereum"?
Nothing is impossible if the community acts. Decentralization is a founding tenet.
$SHIK seems like a good bet at these levels. $1.8m market cap & $600k liq. All time high was $35m (in a bear market)
Founders have very deep pockets. Recently got jeeted by Vitalik (stop trusting him ๐ ) but heโs fully out.
I like the odds of a bounce back to the local highs.
1 - 2 Months!? That sounds like a while away for some. However, it's only a part of what is planned.
For now, seeing as we are fully community-based and decentralized, with the deployer being owned by the community, we have reached the point where a centralized marketing wallet is necessary.
A given proposal is for myself, Shikoshi, to use my personal wallet, Shikoshi.eth, and create a Gnosis Multi-sig wallet, to store SHIK/ETH/USDC donated by loyal community members, to spend towards marketing costs. We understand that there are many solutions to tentative issues like this, so we encourage the community to reach out to us at our email below, or, to share your own ideas below/in the telegram. We do pay attention to feedback wherever possible.
[email protected]
Additionally, if there are any members of the community who are developers, and would love to get building for #SHIK, please reach out! Either via Twitter DM, or to our official email. We are constantly looking to grow.
- Shikoshi
(2/2)
Solid coins need solid plans to bear solid results.
What #SHIK currently needs is more attention towards its' potential (listings, trending placements, partnerships...etc.), as well as a lot more burns. It also needs further developing of the SIDE.
However, all good things demand a cost.
We have been thinking deeply on the most effective way to involve the community in this growth process, as well as ensuring full transparency.
Firstly, we are announcing the development of an NFT collection, which will initially start unrevealed (BLIND/MYSTERY BOX!), and The proceeds (mint funds) from this will be used towards the following, amongst other things:
1. Onboarding developers towards developing the SIDE, and a special application for the community. (Teaser, anyone?)
2. Onboarding a higher tier-exchange listing, plus a marketing drive.
3. Completing the full set, and having the NFTs revealed in a special event,
We are considering using our pre-reserved forwarding domain: https://t.co/AS0QUbaCEU to host the mint page, and other Shikoku related paraphernalia in the future.
These are not going to be low-quality, cash grab NFTs that you often see projects pump out to fleece their investors. Rather, the time will be taken to ensure these serve the community to the fullest, and are of a high standard while being affordably priced to include each and every member of the ever-growing army.
Utilities of these NFTs will cater towards holders of #SHIK, primarily, with a portion of royalties dedicated towards buy-backs and burns of the token. Further details will follow in further posts. Estimated completion time will be in 1 - 2 months.
(1/2)
Here's the issue I see. A lot of memecoins cater to just a small circle of individuals. Some call them degens, some call them gamblers, but really, they're just like you and I, trying to get out of the rat race, trying to make it big.
What if we broke out of that? What if we focused on attracting the wider market? Metaverse...AR, VR...we don't need another blockchain. What we need is real uses for the blockchains we already have.
What this teaser represents is the future of memecoins in the metaverse, bringing things to life right in front of you.
Yes, we will have NFTs, yes we will have an app. These things will take time, as all real, and proper development takes time.
Remember the bout about underpromising and overdelivering? Studio quality produce is not made in a day.
We encourage you to stay on this journey as we truly figure out what it means to bring decentralization to the masses in a truly innovative and enjoyable way.
What if YOU could have your own Shikoku?
- Shikoshi