Kishu Inu KISHU
About
What Is Kishu Inu (KISHU)?
Kishu Inu (KISHU) is a dog-based meme cryptocurrency that has selected the ‘Kishu’ dog breed as its mascot for its brand. The creators of KISHU do not hide that they were inspired by Dogecoin (DOGE), which was launched in 2013 and has since gained worldwide success and popularity.
The mission of Kishu Inu is to take meme coins to another level. The team aims to turn the project into something more than just a meme or a joke, and most importantly, to empower the KISHU token with the qualities of a real long-standing currency. The main competitive difference from comparable coins is that Kishu Inu is completely community-owned: the developers do not reserve tokens for the team, but rely on donations.
Kishu Inu is a decentralized transactional network with a community focus, meaning that all decisions are made by the community. The project aims to bring certain next-generation concepts into the mainstream like non-fungible tokens, decentralized finance and participation rewards.
The dog-themed token was launched on April 17, 2021. Supporters of the digital asset and crypto enthusiasts have already named Kishu as Doge's older brother. Interest in the currency was also fueled by a series of billboards promoting the coin in New York’s Times Square.
Who Are the Founders of Kishu Inu?
Kishu Inu (KISHU) was launched in spring 2021 by an anonymous development team with a sincere interest in meme coins like Dogecoin (DOGE) in particular. However, especially attentive followers can get more information and hints on Twitter. Their official channel is @InuKishu.
What Makes Kishu Inu Unique?
The Kishu Inu ecosystem consists of five core elements: the KISHU token, Kishu Swap, Kishu Crate, Kishu Paw Print, and Kishu Swag.
Kishu Swap is a decentralized exchange (DEX) for swapping ERC-20 tokens with customizable functionality. Kishu Swap is powered by Uniswap, one of the largest and most secure DEX platforms by global standards.
Kishu Crate is the NFT marketplace of the Kishu Inu community where users can stake KISHU tokens in exchange for exclusive rewards and unique digital items. Collectibles themselves are part of the Kishu Inu community and are awarded out of the staking pool. Artists can participate in regular contests on the platform, where the community votes and selects artwork for Kishu Crate.
Kishu Paw Print is an app for keeping track of KISHU token statistics. Indicators include: prizes and rewards related to KISHU, current token valuations, total wallet balance, price charts, and so on.
Kishu Swag is a merchandise store that is operated by a transparent non-profit organization that has no owners or shareholders. Sales and proceeds directly support the project, and are used to develop the Kishu Inu platform & community.
Related Pages:
Read about Dogecoin (DOGE) and SHIBA INU (SHIB).
How to mine Dogecoin? Find out with CMC Alexandria - our educational section.
What is ERC-20? Brush up on crypto vocabulary here.
What is Kishu Inu (KISHU): features, tokenomics, and price prediction by CoinMarketCap.
The latest data about Ethereum (ETH).
How Many Kishu Inu (KISHU) Coins Are There in Circulation?
$KISHU is an ERC-20 standard utility token for the Kishu Inu platform with the maximum supply of 100 quadrillion coins, and a key feature of a decentralized usage rewards mechanism.
Kishu Inu has a built-in redistribution mechanism that sends 2% of every transaction to KISHU holders, which contributes to community usage and a healthy allocation network. Thus, the more active the community, the more rewards token owners receive. Moreover, according to the developers, Kishu Inu provides risk-free passive profit to users, which can be obtained without trading.
Therefore, advantages of the KISHU token:
KISHU can be transferred across international borders through an inter-wallet transfer, which charges much lower transaction fees than traditional banking.
KISHU owners can add coin earnings to their online wallet by staking KISHU, which ensures a profit without trading.
KISHU holders can provide loans to other users on the network, receiving interest after the debt is repaid.
With KISHU, all transactions (trading, clearing, transfer) are completed in just a few minutes.
How Is the Kishu Inu Network Secured?
Kishu Inu (KISHU) is an ERC-20 token that operates on the Ethereum blockchain.
On top of that, Kishu Inu is a completely decentralized community-driven project. One of the leading specialized teams, CertiK, is responsible for the security audit of the $KISHU token smart contract. The project has successfully passed validation checks to build community trust and provide full transparency. Additionally, Kishu Inu's LP (Liquidity Pool) tokens have been burnt. A combination of these measures means virtually the lowest risk for users and the community at large.
Where Can You Buy Kishu Inu (KISHU)?
As of December 2021, Kishu Inu (KISHU) is traded on cryptocurrency exchanges such as Uniswap (V2), Gate.io, Poloniex, OKEx, MEXC, LBank, Bitrue, KickEX, ShibaSwap, Hotbit, AEX, CoinTiger, BitMart, BitForex, LATOKEN, BigONE, Decoin, and ZT.
Want to keep track of KISHU, DOGE or SHIB prices live? Download the CMC mobile app.
Stay up to date with the latest news and boost your knowledge of crypto with our blog.
Click here and learn more about the dog-related meme-coin craze.
AI Analysis
What is the Kishu Inu (KISHU) cryptocurrency good for? What are its main use cases?
Kishu Inu (KISHU) is a decentralized meme token that was launched in April 2021. Like other meme coins such as Dogecoin and Shiba Inu, Kishu Inu has gained popularity in part due to its community-driven nature, marketing efforts, and social media presence. Here are some of the main use cases and features of Kishu Inu:
Transaction Fees and Rewards: Kishu Inu incorporates a mechanism for rewarding holders. A portion of every transaction is redistributed to existing holders, which incentivizes users to hold onto their tokens instead of selling them.
Decentralized Finance (DeFi) Integration: Kishu Inu can be used within DeFi platforms for various purposes, such as liquidity provision, staking, and yield farming, depending on the ecosystem that builds around it.
Charity Initiatives: The Kishu Inu community has taken part in charitable initiatives, and there may be future plans to continue supporting charitable causes, which can enhance the token's appeal.
E-commerce and Payment Solutions: While still in development phases, there are aspirations to establish partnerships with merchants to accept KISHU as a form of payment. This would enhance its usability as a cryptocurrency for purchases.
Community Engagement: Like other meme coins, community involvement is vital for Kishu Inu. The project focuses on community development, promotions, and events, empowering holders to engage in decision-making processes or developments in the ecosystem.
NFTs and Gaming: Projects associated with Kishu Inu or its community may venture into the non-fungible token (NFT) space or gaming, creating new use cases and expanding its utility in the digital asset landscape.
Speculative Investment: Many investors buy Kishu Inu primarily as a speculative asset, hoping to benefit from price volatility and potential future price increases, similar to other cryptocurrencies.
It's important to note that while Kishu Inu has its use cases, it is considered a high-risk investment primarily due to its status as a meme coin and the speculative nature of its market. Always conduct thorough research and consider potential risks before investing.
What blockchain does Kishu Inu use? Is it its own blockchain or built on top of another?
Kishu Inu is built on the Ethereum blockchain. It is an ERC-20 token, meaning it operates as a token on the Ethereum network rather than having its own standalone blockchain. This allows Kishu Inu to leverage the existing infrastructure and security features of the Ethereum blockchain.
Is Kishu Inu programmable? Does it support smart contracts or decentralized applications?
Kishu Inu is primarily an ERC-20 token on the Ethereum network, which means it is based on Ethereum's blockchain and follows its standards. However, Kishu Inu itself is not designed as a platform for programmable smart contracts or decentralized applications (dApps).
While it operates on the Ethereum blockchain, Kishu Inu does not have the inherent capabilities that a platform like Ethereum does for deploying and executing smart contracts. Instead, it's mainly considered a meme-based cryptocurrency similar to others like Dogecoin or Shiba Inu, focusing on building a community and use cases within that context rather than facilitating dApps or smart contracts.
If you are looking for a blockchain that supports robust programmability and dApp development, Ethereum or other blockchain platforms specifically designed for that purpose (like Binance Smart Chain, Solana, or others) would be more suitable.
How fast are Kishu Inu transactions? What is the typical confirmation time and throughput (transactions per second)?
Kishu Inu is a cryptocurrency that operates on the Ethereum blockchain and focuses on community-driven initiatives and meme culture. Since Kishu Inu is built on Ethereum, its transaction speeds and throughput are largely influenced by the Ethereum network itself.
As of now, the Ethereum network's typical transaction confirmation time is about 15 seconds, although this can vary depending on network congestion and gas fees. Throughput on the Ethereum network is generally around 15 to 30 transactions per second (TPS), but this can increase significantly with upgrades and layer-2 solutions.
It's essential to keep in mind that if Kishu Inu or similar tokens see high usage, transactions can be delayed due to network congestion, which affects confirmation times, especially during periods of high demand.
For the most accurate and up-to-date information, it would be wise to check sources that monitor Ethereum network performance or to explore specific transaction metrics on their official channels.
How much data can I store on the Kishu Inu blockchain? Does it support on-chain data storage?
As of my last knowledge update in October 2021, Kishu Inu is primarily a meme-based cryptocurrency that operates on the Ethereum blockchain as an ERC-20 token. Kishu Inu itself does not have its own dedicated blockchain but relies on Ethereum's infrastructure.
Regarding on-chain data storage, Ethereum allows for the storage of data through smart contracts, but it is not typically used for large-scale data storage due to high costs and scalability issues. Rather, Ethereum is better suited for storing small bits of data associated with transactions or contracts (e.g., token balances, contract state, etc.).
If you are looking to store large amounts of data on-chain, you might want to consider layer-2 solutions or dedicated blockchain platforms designed for data storage, such as IPFS (InterPlanetary File System) for decentralized file storage, or blockchains that specifically support larger data transactions.
For the most accurate information regarding any specific features of Kishu Inu or changes that may have occurred after October 2021, I recommend checking the official Kishu Inu website or community communications for the latest updates.
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