The cryptocurrency market has been through a lot in the past few years. As a result, many new groups have formed, with meme coins being one of the most well-known. As a joke, Dogecoin, the first meme coin, was made. It wasn't useful. Here are five things about it that you might not know.
Still, a lot of people bought the meme coin, which turned it into a billion-dollar project with millions of users. Since then, many other joke coins have tried to do the same thing, but not many have been as successful. The Shiba Inu (SHIB) came the closest this time.
People who like joke coins and crypto trading rushed to buy SHIB at the start of 2021, much later than Dogecoin. This made the cryptocurrency a force to be reckoned with. Shiba Inu's team, on the other hand, had big plans to create a thriving community of useful apps that would really help people who owned SHIB.
There were a lot of ideas that didn't work out, and some of them were really disappointing. No matter what, SHIB is still the second-biggest meme coin, with a lot of fans and owners. Among them was an engineer who would go on to be known as Golden Takeishi and start the company Golden Inu.
What Does Golden Inu Mean?
Golden Inu has quickly become one of the most talked-about topics among meme coin fans in 2023. In June 2023, $GOLDEN, the token that supports its environment, had a higher return on investment than most meme coins. The team behind it is now working on making it even more popular. The main goal of the project is to create a rich environment of useful tools for the community to use and gain from.
The $GOLDEN token is the core of this community and the most important part of the project. It will be the end of the Golden Inu Ecosystem.
The Ecosystem of the Golden Inu
People in Golden Inu don't just hold on to a symbol in the hopes that it will grow in the future. The team has come up with a number of ways for community members to be involved so that they can all help make the crypto economy stronger.
The Golden Journey
Golden Inu and QuestN worked together on The Golden Quest. It's meant to let people make money to help promote and build the project's ecosystem, among other things. Anyone can join the group and start working on different tasks through the official dashboard or QuestN's. They can make money while also helping the project.
Several jobs are shown in the real-time screenshot above. Anyone could choose to do them. It is important to note that the levels of skill run from basic knowledge of social media and online marketing to more advanced levels of coding or design. Basically, there's space for everyone, even if they are just starting out.
A strong way to bring people together is this method. This is also one reason the project was able to raise more than $400,000 for the two tokens during its initial coin offering (ICO).
The Dashboard of Gold
The team also made a strong dashboard called the Golden Dashboard to make it easier for users to keep track of everything that has to do with Golden Inus. It goes into great depth about everything related to the project in simple language, including branding, tokenomics, the roadmap, and other things.
It's made in a way that anyone can understand, from a beginner to a pro. Because it shows users what a real coin should be doing, it helps them learn how to trade cryptocurrencies correctly.
This is how it looks:
As you can see, there is all the important data there, like how the token is doing, the latest news about the brand, future launches, and a lot more.
The Golden Inuverse
In a smart play on words, the team has announced what they hope will be the first of many play-to-earn (P2E) games set in the world of Golden Inu.
The game is meant to organize the $GOLDEN tokens community and help tens of thousands of people learn about the tokens and the Golden Inu ecosystem.
The game will always change and become more realistic, letting players both explore and fight. At first, there will only be a few planets, but more will be added as certain numbers of players hit certain milestones. Players will be able to buy things inside the game to help their figures grow. These will include unique characters, tools that can be used for offence or defence, and trips between planets. You can learn more about the game and find out when it will be out here. In the meantime, this is how one of the NFT figures shown on the website looks:
Users can see everything in their profiles while they play in the Universe. Their character gets stronger the more they play. In turn, this lets them get certain tools and go further into the world.
The Golden Bazaar
The Golden Bazaar will be an online shopping mall that is based on the ideas of companies like Amazon and Shopify, though it will be much smaller than those companies.
It's supposed to start out as a simple app that lets people buy and sell different goods and services for free. It will be possible for them to do business in crypto.
But as time goes on, developers hope to add a cross-chain swapping app that will let users use any popular cryptocurrency to finish transactions.
What's more, buyers can use any cryptocurrency they want, and sellers can take any cryptocurrency they want. $GOLDEN will act as a go-between token that makes the swap possible. There will be very little in fees.
The Golden Decentralized Exchange (DEX)
The DEX is another product that is being worked on and will add to the Golden Inu community. The goal is to protect users' right to privacy by making a cryptocurrency market that is truly decentralized. The launch will go after Latin America with a clear understanding of the economic problems people there are having.
The people who work on Golden Inu want to use the $GOLDEN token as a middleman to help lower the gas fees for users who want to do trades between chains. Look at the project's plan before we get into the details of the $GOLDEN token.
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