WILMINGTON, DE / ACCESSWIRE / December 11, 2021 / Every once in a while in the realm of crypto, there enters a new breed of token that fundamentally changes how things are done. Today, we welcome a new contender to the scene. A meta-shaking, rippling wave, that has the combination of conceptually new utility, and a beloved community brand. Enter Cheems Inu.
We’ve seen the meteoric rise of a variety of memecoins over this past year. Some of them have had an actual use case concept from launch, but the majority begin with nothing but hype, and hastily throw together a half-baked “function” that ultimately provides nothing but false promises and hot air to investors that seek both entertainment and utility from their tokens. Now, imagine the potential of that same energy and hype, harnessed and properly utilized by a team with real developmental experience. A team who has a notorious track record for pushing the limits and innovating in the Blockchain space, who has shown they are more than capable of executing any concept they put their minds to. Imagine that team has a proper plan in place that starts directly at launch, with achievable milestones and a consistent level of progress. Imagine that team has built a tenacious, bustling community, dedicated to the brand and fervently holding to see what the future brings. All of this encompasses the story of Cheems Inu.
Below is a concise description entailing what Cheems Inu is, how it works, and what it intends to do, as written directly from one of the core developers on the Cheems team.
“The Cheems platform, a price tracking website for cryptocurrency meme tokens, is launching soon. With the growth of the Blockchain space, meme tokens such as Dogecoin and Shiba Inu have become valuable assets in their own right, with market caps and trading volumes in the billions of dollars. Cheems aims to provide the most timely and accurate information on the fluctuations of the prices of these meme assets, providing a valuable service to the investment and cryptocurrency communities.
Launched alongside the Cheems price tracking platform, the native Cheems digital token will allow creators of meme tokens to pay listing fees to register their unique assets on the Cheems website. In addition, the token will allow meme token creators to pay fees for advertising their digital offerings on the adspace found throughout the Cheems website.
As meme tokens evolve from an entertaining diversion into an actively followed and traded domain within the cryptocurrency space, Cheems will provide a leading edge price tracking and discovery service for investors and cryptocurrency enthusiasts.
A limited amount of Cheems tokens were created, and any listing fees or advertising fees paid to the Cheems platform must be paid using these tokens. The Cheems platform will burn all Cheems tokens used in fee payments, preventing them from being used or circulated again. As a result, the Cheems token is fundamentally deflationary and is expected to retain its value as the supply becomes increasingly constrained.
The Cheems token is expected to have value through:
Its utility is the only way for meme token creators to list their new tokens on Cheems or advertise their meme tokens on the Cheems website’s ad space.
The token’s fundamentally deflationary nature leading to a lower supply as more and more Cheems are spent on listing and advertising fees.
Cheems token does not only find use within the Cheems platform as a way to list meme tokens and advertise meme tokens, but to also be a valuable asset in its own right.
Cheems Inu Tokenomics:
Total supply: 6,000,000,000,000,000,000,000
Circulating supply: 4,860,000,000,000,000,000,000
Maximum wallet size: 3% of the total supply
Taxes: 10% buy, 15% sell, evenly split between liquidity and marketing
Among the multiple functions the Cheems platform MEMETOOLS will provide, one of the overall positive aspects will be cohesiveness. Meme tokens (and the products and services used to trade, track, and discuss them) frequently suffer from a lack of organization. In a market that is constantly shifting to the latest fad, whether it be a pop culture reference, holiday theme, or even a random Elon tweet, to be uninformed is to fall behind. How, then, are we meant to try and stay up to date? By combing through half a dozen different sites and chat rooms? What if we were able to consolidate all of those sources into one sleek service? This is what the Cheems platform MEMETOOLS will bring to the table. A true one-stop-shop experience for all meme tokens, a goldmine of untapped potential. The Cheems team has done it all, from revolutionary tokenomics, to deflationary and highly effective launchpads, to groundbreaking work on NFTs and the methods of trading and providing value to them. This expertise has directly carried over to Cheems Inu, and the results already speak for themselves.
As far as advertising goes, top tier influencers including the legendary @1Goonrich from Twitter have already jumped on board the Cheems train. The community itself has exploded in size, furthering its own growth through a constant stream of word of mouth advertising and consistent engagement with each other and others in the general crypto space. Cheems Inu is also listed on Hotbit as of November 30th, 2021. There are also some confirmed rumors of a real world billboard ad tied to a certain space company … but best to wait and see just what comes out. The crypto world thrives on innovation and growth, and Cheems Inu has shown its ability to deliver both. This party is just getting started.
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SOURCE: Cheems Inu
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