The meme utility token, Chooky Inu has become the talk of the town with exhilarating features that it has to offer ranging from Ethereum and staking rewards to music and NFT platforms.
CAPE CORAL, FL, Dec. 15, 2022 (GLOBE NEWSWIRE) -- In this day and age meme currencies have left behind stable altcoins in terms of popularity and the number of capitalists willing to invest in them. A good example of this is the infamous Dogecoin and Shiba Inu. Another currency that has recently stepped into the market to compete with the likeness of these two much-hyped coins is the CHOOKY INU. This newbie coin is based on the Chihuahua dog meme that is thought to have a bad case of small dog syndrome. The Chihuahua meme will act as the driving force of the coin by alluring the investment of meme lovers from around the globe.
A Brief Glance at CHOOKY INU
The phenomenal Chooky Inu is all set to enter the crypto space in December 2022. Based on the Ethereum Network, Chooky Inu is a hyper-deflationary currency being propelled forward by strokes of memes and NFTs. The company also has a music NFT platform under the name of $CHOOCHUNES. Not only this, but it also plans on launching its very own Anime TV series.
Chooky Inu classifies its NFTs into 6 different types. These include Raider, Staker, Gamer, Anime, Music, and Multichain Special Edition. Under its royalty-sharing NFT protocol, Chooky Inu showers reward on its users. The rewards offered on initial mint and resale are in the form of Ethereum. The amount of Ethereum rewards being given out is directly proportional to the amount of $CHOO tokens being held.
Other distinctive features of Chooky Inu include a supply that is rapidly depleting owing to a large portion of the taxes being used to burn the coin. This plays a great role in helping to ameliorate the demand and thus the price of the coin. These features are developed by a team of highly accomplished and competent individuals who have previously worked on mega projects.
NFTs Categories
The first NFTs to be launched include Raider NFT and Staking NFT. These NFTs can be minted on the project’s bespoke dApp. For each NFT sold, 7% of the sale is transferred to the NFT royalty sharing pool which will then be rewarded to holders of $CHOO token based on the amount of their holding.
Raider NFTs allow the holder to generate referral links and invite people to the Chooky Inu dApp, earning $CHOO tokens. The staking NFTs operate by improvising the Annual Percentage Yield of holders by offering great staking rewards. Moreover, Anime NFTs will have great utility in the upcoming anime series. Furthermore, Multichain NFTs allow celebs and Influential people to launch NFTs under their name.