Shiba Inu intends to launch DAO
One of the biggest memecoins on the market, Shiba Inu, has revealed its plans to launch a decentralized autonomous organization (DAO). This will allow SHIB holders to influence the future direction of the memecoin.
As SHIB prepares to launch a DAO, new memecoin Flockerz has stood out by offering vote-to-earn features. This project claims that FLOK is a people's memecoin and aimed at the community.
Shiba Inu reveals plans to launch a DAO
The Shiba Inu (SHIB) marketing lead, known as Lucie, shared on her social media that the team has plans to launch a DAO. The aim is to allow SHIB holders to vote on future initiatives and have a voice in the direction of the project.
DAOs are blockchain-based governance structures. These are organizations where each participant is on an equal footing and can exercise the same governance and voting powers.
This is important in making decisions about the future of the project and will empower each SHIB token holder to have a stake in the direction of the community. It doesn't matter the size of your participation.
In this sense, other tokens within the Shiba Inu ecosystem will also play an important role in the DAO governance process, such as Bone ShibaSwap (BONE) and Doge Killer (LEASH). This is because BONE holders will take precedence over expanding education and innovation. LEASH holders should focus on proposals related to inclusion and transparency within the project.
But this is not the first novelty that the Shiba Inu has brought this year. In March, the project team announced that ShibaSwap, a decentralized exchange aligned with the Shiba Inu ecosystem, had migrated to the Shibarium blockchain.
At first, the SHIB price did not react well. Today, SHIB is back to US$0.00001514. This translates to gains of 14% in the last week. The market capitalization is US$8.9 billion.
Even so, SHIB is still far from reaching its historic highs again. Memecoin has fallen 82.4% since its high of US$0.00008616, reached in October 2021.
Finally, amidst the Shiba Inu news, a new community-centric memecoin has been a huge success during presale, Flockerz (FLOCK).
Flockerz (FLOCK), a mais nova memecoin vote-to-earn
Flockerz ($FLOCK) is a unique, community-driven memecoin. In a short time, the project has raised more than US$355,000 and continues to grow.
Flockerz calls itself “The People’s Memecoin” due to its innovative vote-to-earn features, staking rewards, and community building.
Flockerz's vote-to-earn feature starts with Flocktopia, a decentralized autonomous organization (DAO) of which every FLOCK token holder is a member.
FLOCK holders will be able to actively participate in the future of the project by making governance and improvement proposals. They will also be able to vote on proposals and ensure that all important decisions are taken by the community and not by a centralized authority.
Flockerz encourages investors' active involvement with the community, aligning everyone's interests to make the project a success. After all, the more you participate, the more you receive in rewards.
Flockerz tokenomics emerged with the project's long-term proposal in mind. Therefore, of the total FLOCK tokens, 25% were left for staking, with rewards currently estimated at 6675% p/a.
In addition to offering passive income, staking also brings, for example, resources and stability to the project, promoting long-term investment and keeping the supply of tokens scarce.
Furthermore, 25% of the tokens go to the Flock Vault, stored in the DAO vault, 20% for project marketing and 10% for CEX and DEX. Finally, 20% of the tokens will be allocated for pre-sale, which investors can currently purchase for US$0.0056785.
How to participate in the FLOCK pre-sale
A FLOCK pre-sale is underway and several influencers are buzzing about the project on YouTube, including Jacob Crypto Bury, who said this could be the next project with 10x earnings.
Interested investors can buy $FLOCK with ETH, BNB, USDT or bank card on the website. Visit the pre-order page, click “Buy Now” or “Connect Wallet”. Options include Wallet Connect, Best Wallet, MetaMask, and Coinbase Wallet.
Investors can also purchase with BNB on the Binance Smart Chain (BSC). But those who purchase on BSC will not be eligible for annual staking returns.
After the presale closes, FLOCK will be listed on centralized and decentralized exchanges (CEXs and DEXs). The project's vote-to-earn mechanism will be launched after the listings.
Flockerz is a transparent and fully audited project. The first step in the project roadmap was to audit its smart contract through Coinsult, to give investors more peace of mind.
For all these reasons, Flockerz is a memecoin that offers an organized incentive for investors to come together and fly together. This creates one of the most powerful new communities on Web3.
Disclaimer: This article is for informational purposes only, and does not constitute investment advice or an offer to invest. CriptoFácil is not responsible for any content, products or services mentioned in this article.