Altcoins have taken the crypto-verse by storm. With new projects coming out almost every day, it is easy to lose track of what’s new and worthy of your time. In light of recent events, with the market on a downward spiral, let’s take a moment to introduce ourselves to Shibelon, a new project on the Binance Smart Chain.
Shibelon’s fictional story starts in 1955 when it is born on the planet Neptune. On September 28th, 1971, Shibelon sent an electromagnetic signal to South Africa. The signal influenced an unborn child who would change the world as we know it. That unborn child is none other than Elon Musk.
What is Shibelon Token?
Shibelon is a token with its own NFT marketplace, where users can mint NFT’s on the website. Shibelon has been launched on BSC and is also listed on CoinGecko and CoinMarketCap. It has also been verified on Opensea, with a variety of comic NFT’s.
Aside from the solidity contract, ShibElon has developed a Roadmap that includes enhanced staking, Super swaps, 3D NFTs, Play-to-Earn games, and much more. Shibelon had agreed to a contract with the Binance Smart Chain in November 2021. They also finished their audit, set up their website and social media profiles, ran a marketing campaign, held a presale, and registered on PancakeSwap. They hosted their first centralized exchange enrollment and NFT declaration, as well as giveaways.
They intend to build a formal office and expand their personnel, as well as form alliances and collaborate with NFT influencers. They also planned to launch the ERC20-NFT marketplace, publish the token on a second controlled exchange, and reveal their metaverse.
The project has been supported by prominent musician and social media influencer Soulja Boy.
Shibelon tokenomics
At the time of writing, ShibElon’s price is $0.00000236. It has a market capitalization of $3.9 million when fully diluted, and a total supply of 1,000,000,000,000 tokens. The coin appears to have solid fundamentals.
The first edition of Shibelon’s NFT’s are set to launch on the Ethereum network. The website states that the launch will be underway soon. These have a presale price of 0.04ETH and a mint price of 0.05ETH.
30% of sales will be used to buy back and burn Shibelon tokens, thereby raising the price. 25% of the sales will be used for marketing. 20% of sales will be used for tier-1 exchange listing, and 10% for tier-2 exchange listing. 10% is to be used for the Play2Earn game development, and finally, 5% is to be used for NFT floor purchases on Opensea to make sure floor price is above minting price at all times.
There is a 13% tax on all transactions; of which 5% goes for marketing, 3% goes for BNB reflections, 2% for buybacks, 1% goes to the team, 1% is for burns, another 1% for liquidity.
How to buy?
SHIBELON is listed on a number of cryptocurrency exchanges, but unlike other well-known cryptocurrencies, it cannot be purchased using fiat money. However, you can easily purchase the currency by first purchasing USDT from any fiat-to-crypto exchange and then transferring it to an exchange that trades this coin.
Interested users and investors need to create an exchange account. Users must first open an account with a site that allows them to trade fiat currency for cryptocurrencies. This account will allow them to purchase USDT and then swap it for SHIBELON. Once the created account has been funded, users need to purchase USDT with the deposited money, which they can swap for Shibelon tokens. Users may have to create or import a wallet that can run with PancakeSwap.
An instantaneous way to purchase Shibelon is to convert USDT to BNB, depositing it to your wallet through Binance, then switching your BNB for ShibElon Coin (SHIBELON) with Pancake Swap.
What makes Shibelon a valuable asset?
Shibelon is all set to build a strong and robust community. It has given its word that it will help the community by funding startups and investing in community-driven projects. The community will get the opportunity to vote on its direction via a DAO and will receive airdrops through various competitions.
Moreover, every quarter, the Shibelon community will vote on a charitable organization, which will receive $20,000 of the NFT proceeds. Also, every month, 666 randomly selected Shibelon hodlers will receive $100 worth of tokens, which ultimately covers 50% of the cost of buying the NFT.
And what’s a Shibelon launch without a Tesla collab? Users who buy an NFT are automatically eligible to enter a draw, the winner of which will receive the awesome Tesla Model 3. The raffle draw is expected to take place in Q1 of 2022. The higher the number of NFT’s owned, the higher is the chance of winning the vehicle.
All Shibleon holders are automatically a part of the whitelist for the NFT presale.
For more information, you can visit their website and other socials with linktree.
Disclaimer: This is a sponsored article.