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Hi everybody!
Today I'd like to talk about a new ERC20 coin, called ShibaBudz that is currently in it's Presale Stage.
The coin will be launched 20th of April 2024.
I found out about this coin through a google recommendation that led me to a web page on Yahoo Finance.
I found it interesting that Yahoo Finance would "keep it's ear to the street" and write a whole 3 minute read article about a coin that can be considered a meme coin.
That being said, let's do a short analysis of the current state of the coin.
BUDZ is advertised to be a decentralized crypto utilized for online e-commerce, De-Fi, and Play-to-earn.
From my experience, I know that P2E(Play to Earn) games have a problem with the availability of download, in some regions.
I have been following BUDZ coin for a while now and it's price started at $0.0007.
According to the following chart, the price of BUDZ increased, and stands at $0.047 today. That is a big increase of value.
The coin is audited by a German company called SOLIDProof, and received the green light.
The team behind ShibaBuds also have an X account.
There I found out that a promo bonus of 30% is applied if you use the code "budzmoon30", when buying coins.
Taking a note about the distribution of coins, the tokenomiks page details that the Airdrop of the new coins will be credited to wallets in stages, as follows:
- 22th April, 2024 - 25% of all account holdings
- 20th May, 2024 - 25% of all account holdings
- 24th June, 2024 - 25% of all account holdings
- 22nd July, 2024 - Final Airdrop of remaining balance.
The tokenomiks are pretty straight forward:
Total - 4,200,000,000 $BUDZ (ERC20)
Presale - 2,400,000,000 $BUDZ (57.14%)
Burn - 1,000,000,000 $BUDZ (23.81%)
Liquidity/Exchange Listings - 620,000,000 $BUDZ (14.77%)
Berner Giveaway (Vested) - 420,000,000 $BUDZ (10%)
I will try to cover the progress of this coin further, after the launch.
As the developers' plans are to create an ecosystem of P2E gamers, the road is still very long ahead.
For example their wallet called TreeHouse Wallet is promised to be released in Stage 6 of the 8 stages described in the roadmap.
The DEX listing will happen on Stage 3, and the coin is currently in Stage 1.
Links:
https://twitter.com/ShibaBudz
https://shibabudz.org/
https://shiba-budz-rollingpaper...
Audit
Have a great day and thank you for your time!
Sorin.