What Is King Shiba Coin (KINGSHIBA)?

King Shiba seeks to offer a play-to-earn game platform to its users. The King Of Shiba platform is built on Binance smart chain (BSC) that also aims to provide its users or subjects safety for their funds and rewards.

The whitepaper mentions that King Shiba expels all the reward tokens and offers the daily burns and reflection to provide the opportunity to the moon. The burning of cryptocurrency refers to the removal of coins from the circulating supply, thereby reducing the total number of coins to be used. The non-fungible tokens (NFT) marketplace of the King Shiba platform aims to provide an opportunity to its users to mint fresh NFTs, trade the token in the market, and finally stake them for rewards.

The King of the Shiba kingdom aims to provide the protection of his subjects for their money. Moreover, proper maintenance and up-gradation of the castle aim to provide traders with additional protection from dumps as well as the stability they need to feel secure while keeping their tokens for longer periods of time.

As explained in the whitepaper, The Great King Shiba describes its royal tokens to be precious. Burns are considered a great way by the platform to keep upward pressure on KINGSHIBA token’s price and market capitalization. Considering that, the platform aims to burn 50 percent of the token supply.

KINGSHIBA is the native token of the platform. The token is a decentralized token that operates on BSC, having no central intermediary. The platform provides the features of trading, staking, and NFTs by using the KINGSHIBA token. The platform enables traders to stake the KINGSHIBA tokens into the liquidity pool and get SHIBA tokens in the form of a reward.

History of King Shiba Coin (KINGSHIBA)

The team of King Shiba is an expert in delivering secured crypto projects having association in marketing. The total supply of KINGSHIBA tokens is one billion. As mentioned on the platform’s website, King Shiba has released the inaugural collection of 2,500 King Shiba NFTs as a part of its KingNFT ecosystem.