What Is Shakita Inu (SHAK)?

Shakita Inu is a community-driven platform that creates a play-to-earn game for the Shakita Inu community. The 2D game of the Shakita Inu aims to allow users to challenge each other for top scores. Also, the platform aims to offer rewards to those who top the leaderboards. Moreover, the community takes all the decisions for the Shakita Inu platform, including its rebranding and relaunching.

The SHAK is the native token.) of Shakita Inu. The platform aims to allow all SHAK token holders to enter the BIG SHAK LOTTO automatically. It aims to offer prizes to the randomly selected token owners at price milestones. Moreover, the Shakita Inu platform aims to grow like other dog meme communities and thus applies a 10% fee on every sales transaction. 

According to its tokenomics, the platform allocates 1% of the tax amount as game rewards. Besides, 2% of the tax goes to the NFT Farm, and 3% is reserved for marketing. And lastly, 4% of the total tax is allocated to token burning. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burned to reduce availability and increase market value. Apart from this, the platform doesn't apply any tax on purchasing new SHAK tokens and intends to keep the zero tax forever.

Moreover, ShakitaInu seeks to apply an anti-whale function to its smart contract to launch its platform. The anti-whale function is a system that cross-checks the activities of the crypto whales. Whales are individuals who manipulate the price of a cryptocurrency. Smart contracts are just like regular contracts. However, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. The primary benefit of the anti-whale function is there is no need for large amounts of the supply to anyone. 

Lastly, Shakita Inu has launched its native tokens fairly without developer allocation.  

History of Shakita Inu (SHAK)

The maximum total supply of SHAK tokens is 8 billion SHAK.