Getting into the second quarter of 2023, the Golden Inu has rapidly turn into a subject of dialog. The model’s $golden token surpassed all different memecoin cryptos when it comes to ROI in June and the model is engaged on additional enlargement.
Nevertheless, most merchants don’t perceive Golden Inu and different elements of its crypto ecosystem:
First, it’s a DAO-structured ecosystem. The neighborhood will be capable to elect leaders and have affect over who’s appointed to work on numerous features of $golden token-related tasks.
Second, it’s the first crypto ecosystem that operates utilizing two official tokens, one is BEP-20, and the opposite of those two tokens is ERC-20. The model has coined the time period “Twin-Blockchain Ecosystem”, as this can enable customers of each Ethereum-Blockchain and Binance-chain to seamlessly use functions and video games of the Golden Inu ecosystem.
Lastly, the founding father of the Golden Inu is named the “Golden Teishi”. It’s verified on two crypto verification techniques. Professionally, he’s a expertise whiz who was as soon as the Shiba Inu’s bag holder. That every one modified on the finish of 2022 after $SHIB token creators failed to understand plans to create a token of long-term worth.
That founder then determined to launch a token that might be clear to merchants and provide long-term worth with continued crypto product growth — and fewer buzz.
CryptoPotato caught up with the founder to have an open dialog about Golden Inu and reply a few of merchants’ greatest questions.
Why did you identify this token “Golden Inu”, understanding that many merchants are cautious of Inu branding?
A: I perceive the skepticism surrounding Inu-branded tokens. The identify ‘Golden Inu’ got here to my thoughts from three issues. At first, I resented the Shiba Inu and his failure to ship on a number of guarantees. I believed they had been like pyrite, aka false gold. The advertising glittered, however in actuality it was false gold. As an alternative of calling the token ‘Shiba Inu KillerOut of frustration, my aim grew to become to take motion.
As an alternative of pondering of ‘killing their model’ I made a decision to create a token that’s really ‘golden’ and may have long-term worth and provides merchants a wealthy cryptocurrency expertise.
From there, I additionally thought concerning the ‘Golden Horde’ again within the thirteenth century and the way the Shiba Military allies may reinvent themselves and recoup a few of their losses.
Our aim is to merge the infectious attraction of Inu tokens with robust, branded crypto expertise and an efficient financial mannequin. A mannequin that ensures sustainable development, utility and passive revenue. We consider that our actions communicate louder than the perceptions hooked up to our model identify.
So I began releasing apps earlier than we completed the presale of our ERC-20 token to show that we’ve got the group to construct apps and options for this evolving crypto world.
What makes Golden Inu’s $Golden Tokens higher than your major competitor Shiba Inu and its $SHIB token?
A: Whereas we respect what Shiba Inu has achieved, we consider that $GOLDEN tokens provide a much wider proposition. Golden Inu is extra than simply two fairly trying meme tokens – we’re constructing a whole ecosystem that features gaming, e-commerce, DEX and different crypto apps, all powered by our tokens.
Our strategy is strategic and user-centric, designed to create sustainable development and worth for our token holders. Additionally, we are going to present alternatives.
My greatest aim is to make a distinction in folks’s lives. I consider in Jeff Bezos’ quote about altering lives. If I can positively change the lives of crypto merchants with Golden Inu Apps, I do know that my life will even be golden endlessly.
What number of professionals are concerned with Golden Inu Token and its growth course of?
A: At the moment, our Golden Inu group consists of 12 professionals and three neighborhood members.
Everybody has a novel set of abilities and experiences. Everybody on our group is an knowledgeable in their very own subject, from blockchain growth and monetary expertise to advertising, design and neighborhood administration. Their collective efforts are integral to the continued growth and development of the Golden Inu token and our $GOLDEN tokens.
Why are you utilizing two tokens in your ecosystem as an alternative of launching your personal blockchain and native coin?
A: Our technique is to construct on a longtime and trusted blockchain platform, which permits us to give attention to creating engaging and modern merchandise. As a lot as everybody likes to suppose we will do all of it ourselves, we won’t. Teamwork makes the dream work — I’ve discovered from life experiences how true this quote is.
And the ecosystem is utilizing two tokens based mostly on Ethereum and the BNB chain to make sure compatibility and accessibility for a variety of crypto customers who’ve already built-in these manufacturers into their life.
Sooner or later, nonetheless, the potential for beginning our personal blockchain can’t be utterly dominated out. Most likely as soon as our ecosystem matures and branding worth and fairness is maximized.
Why will the $golden token have long-term worth? What causes HODL?
A: The $GOLDEN token is designed for long-term worth. Our ecosystem is continually increasing with new services, all of which drive demand for tokens.
Moreover, our give attention to neighborhood engagement and rewarding loyal token holders will increase the attractiveness of proudly owning $GOLDEN tokens.
We aren’t simply constructing a token, we’re constructing an financial mannequin that can reward our buyers/holders as we develop our ecosystem. The extra quantity and utilization in our ecosystem, the extra our holders will generate passive rewards from our venture and all the pieces will likely be managed by Golden Treasury good contracts.
Recreation to earn Golden Innu, $Golden Inverse, is buzzing across the crypto gaming neighborhood. It’s your first main crypto product launch and has large upside potential. When will it’s formally launched and do you suppose it’s going to have a optimistic influence on $Golden [both] Tokens values?
A: We’re planning for the official launch of $Golden Inuverse within the fourth quarter of 2023. Given the rising pattern of play-to-earn video games and the thrill surrounding them, we consider this can have a optimistic influence on the worth of $GOLDEN tokens.
I encourage everybody to do not forget that it is greater than only a recreation – it is a chance for customers to interact with our tokens in a enjoyable and rewarding means.
And as soon as our group launches the ecosystem’s market, $Golden Bazaar, folks will be capable to use our tokens for a lot of issues.
Will the BEP-20 or ERC-20 model of the $GOLDEN token be used for the sport?
A: We designed the $Golden Inuverse to be inclusive and accessible. Subsequently, each BEP-20 and ERC-20 variations of the $GOLDEN token will likely be used. Nevertheless, most consumption transactions will use the BEP-20 token.
Nevertheless, this flexibility of getting 2 tokens will enable us to create particular occasions for our ERC-20 holders. Extra info will comply with sooner or later.
Which crypto product will likely be launched after the play-to-earn recreation?
A: After the launch of our play-to-earn recreation, $Golden Inuverse, our builders are going to finish and announce the $Golden Bazaar. That is the modern e-commerce platform I discussed earlier.
$Golden Bazaar will enable customers to purchase and promote items or companies utilizing cryptocurrency, which may revolutionize the best way e-commerce is carried out. This will likely be a decentralized platform with neighborhood moderation, just like how Twitter handles faux information with neighborhood notes.
In a earlier information story, he says you need to use this “$Golden Bazaar” platform to vary lives. Why do you name this the “Amazon meets Shopify” of crypto commerce?
A: We see $Golden Bazaar as a revolutionary platform that brings collectively the most effective features of e-commerce giants like Amazon and Shopify. It provides the variety and scale of Amazon with the customization and entrepreneurial spirit of Shopify. A major distinction is the combination of decentralized finance, which makes it extra inclusive and accessible, particularly for folks with out conventional banking accounts and amenities.
How a lot of a optimistic influence do you suppose this can have on the worth of $Golden tokens?
A: We see $Golden Bazaar as a revolutionary platform that brings collectively the most effective features of e-commerce giants like Amazon and Shopify. It provides the variety and scale of Amazon with the customization and entrepreneurial spirit of Shopify. A major distinction is the combination of decentralized finance,…
