What is KISHU coin? KISHU coin issue price, total amount and white paper introduction

Kishu Coin, a decentralized cryptocurrency inspired by the Shiba Inu dog breed, launched in April 2021 on the Ethereum blockchain, with a total supply of 100 quadrillion tokens and an issue price of $0.000000000002 per token.

Sep 30, 2024 at 12:42 pm

1. What is Kishu Coin?

Kishu Coin (KISHU) is a decentralized cryptocurrency inspired by the popular Shiba Inu dog breed and launched in April 2021. It operates on the Ethereum blockchain and shares some similarities with Dogecoin and Shiba Inu coin.

2. Kishu Coin Issue Price and Total Supply

At launch, the total supply of KISHU was set at 100 quadrillion tokens. The issue price was approximately $0.000000000002 per token.

3. Kishu Coin White Paper

The Kishu Coin white paper can be accessed at https://kishu.com/kishu-whitepaper.pdf. It provides an overview of the project, its goals, and the tokenomics of KISHU.

Key Points from the Kishu Coin White Paper:

• KISHU aims to create a "fun and engaging" cryptocurrency that foster community and inclusivity.
• The project emphasizes charity and donations to animal-related organizations.
• KISHU uses a reflectionary token mechanism, where a percentage of each transaction is redistributed to token holders.
• There is a "burn" mechanism designed to reduce the total supply of KISHU over time, adding to its deflationary characteristics.
• The KISHU ecosystem includes a decentralized exchange (DEX) called "Kishu Swap," a rewards platform, and a non-fungible token (NFT) marketplace.

Additional Remarks:

• The price of KISHU has experienced significant fluctuations since its launch.
• KISHU has gained attention and support from a dedicated community of holders.
• The project's long-term success will depend on its continued development, adoption by users, and market conditions affecting cryptocurrencies in general.