I have seen some people shilling $gifu lately, like @niallon11 and @tsnaks, so I figured to carry the torch and shill it once more since it's been a while from the last time I did 😄
Who is behind GIFU
Let's first start with the basics. The token was created by @raymondspeaks who is behind one of the most successful tokens here on hive, BRO.
However, this one is made on BSC to appeal to a bigger mass and hence has way more potential when it comes to $$
Other than him, there are also some other people like @cryproeater who does the technical mumbo jumbo and @epic-fail who had the original idea.
As for me, I was in the presale, I have a big stack that only gets bigger by the day. And I am a volunteer shiller so I am highly biased. Nfa. Lol.
What's Gifu
On its core it's an utility token offering gif creation services but it's disguised as a meme. This is its mascot:
You can find more gifs like this if you search gifu in any gif aggregator.
The team has already delivered gifs for @thebbhproject and splinterlands gifs are about to come out very soon. Oh and every deal results in plenty of burns!
Tokenomics
Here's where things are quite interesting if you ask me. There's no inflation, everything is already minted and there are plenty of burn mechanisms.
First, there is the tax burn on every buy/sell order on pancake swap.
Then there are the burns that come from each gif deal the team makes.
And then there are the burns from other side investments the team has made, like the investment on power ventures by @empoderat and RUG by @silverstackeruk !
Literally hundreds of thousands of gifu are burnt everyday as you can see here
Where to buy
Atm, gifu is available on pancakeswap and here on hive engine as SWAP.GIFU. There's also a tribaldex pool.
Ok that's the super quick rundown of the token! I forgot to mention the team has also teased this in Twitter a few days ago:
Nothing official yet but I think they are planning some sort of deal with the rising stars game here on hive!
If you have any question about the project feel to shoot in the comments, I am pretty knowledgeable on everything gifu since I have been here from the beginning :D
Nfa, but current market cap is about 70k. Meanwhile more and more people buy in the project and more tokens are burnt everyday day, so I think there's a lot of upwards potential.
Since I know and trust the team I'll be here for the long run, maybe selling some tops but only with the plan to rebuy!
Ok friends, this is it for today.
Click the linktree below if you want to learn more about $gifu:
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