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Learn more about the $TOSHI token and its ecosystem

2024-09-10 21:36:54

In today’s cryptocurrency market, the $TOSHI token has attracted the attention of many investors with its unique token economics and innovative NFT projects. This article will detail the features, ecosystem, and future development potential of the $TOSHI token.


Basic information about $TOSHI token

The maximum total supply of $TOSHI tokens is 420,689,999,999, currently in circulation. Its stock symbol is $TOSHI, and its official contract address is 0xAC1Bd2486aAf3B5C0fc3Fd868558b082a531B2B4. It’s worth noting that the $TOSHI token comes with a 0%/0% transaction tax, making it even more attractive to trade.

NFTOSHIS: Unique Digital Assets: Background and Inspiration: NFTOSHIS is a series of extraordinary NFTs inspired by Brian Armstrong’s pet cat. In August 2023, $TOSHI launched 3,000 NFTOSHIS on Base, allowing holders to own a piece of Toshi and participate in various adventure activities.


Rarity and Characteristics

Each NFT is generated through an algorithm that combines more than 110 different categories of unique features, ensuring that each NFT is unique. Here are some feature variations of NFTOSHIS:

Body styles: 24 types

Head accessories: 13 types

Head shape: 18 types

Backgrounds: 12

Mouth shape: 18 types

Car rear styles: 15 types

Eye makeup styles: 18 types

This rich combination of characteristics gives each NFT a unique rarity that attracts the interest of many collectors.


Transactions and Markets

Trading platforms: NFTOSHIS can be traded on multiple platforms, including Rarible and Opensea. On Rarible, users can easily buy, sell and trade NFTOSHIS, providing holders with flexible market options.

Token transfer and tax policy: $TOSHI was initially launched as a tax token, but due to the impact of the Leet DEX vulnerability, the project team decided to migrate it to a more reliable DEX, ultimately choosing Sushi V3. During the migration process, Toshi lost the possibility of generating revenue through taxes and therefore decided to relaunch the token through Sushi V2.

The new Toshi contract includes a 3%/3% transaction tax, which will be used for the following purposes:


Exchange listing

Pay and hire team members

Build a vault

marketing

Doshi Art

Other fun activities

Meow DAO voting and community participation

Under the new token structure, the project team launched Meow DAO Vote #2, providing the community with the opportunity to vote on whether to retain the tax or reduce the token tax to 0%/0%. Ultimately, a successful and historic vote was taken to reduce the tax rate to 0% and migrate liquidity pools to Uniswap V3.


future outlook

As the $TOSHI token continues to evolve, so does its ecosystem. By introducing NFTOSHIS and flexible tax policies, $TOSHI is attracting more users and investors. In the future, the project team plans to further expand its market, add more partnerships, and drive community engagement.


in conclusion

The $TOSHI token is carving out a niche in the cryptocurrency market with its unique token economics and innovative NFT projects. As the community continues to grow and the ecosystem improves, the future of $TOSHI is full of endless possibilities. Investors and collectors alike should keep a close eye on the development of this project to take advantage of potential opportunities.

Disclaimer:

1. The information does not constitute investment advice, and investors should make independent decisions and bear the risks themselves

2. The copyright of this article belongs to the original author, and it only represents the author's own views, not the views or positions of HiBT