What Is DICKcoin (DICK)?

DICKcoin (DICK) aims to be the first meme-based DeFi (decentralized finance) token designed explicitly for the adult industry. The inspiration behind DICKcoin is Satoshi Nakamoto’s state-of-the-art Bitcoin (BTC) vision. In addition, DICKcoin functions as a hyper-deflationary contract with high yield-generation capabilities on the Binance Smart Chain (BSC) network. The hyper-deflationary term refers to a token contract wherein a few tokens are removed from the circulation to increase demand. At the same time, the platform has also deployed an auto-distribution feature of BTC every hour. The users of the network can simply hold their DICK tokens to receive BTC.

Further, as the whitepaper says, the existing DeFi ecosystem has emerged to new levels in the last few years. Many crypto users are earning profits just by locking their tokens; however, this results in an impermanent loss for most users. This is where the hyper-deflationary infrastructure of DICKcoin seeks to come in handy. Each DICK token holder is eligible for earning BTC every hour.

The DICKcoin platform consists of a few features that aim to make it special:

Community-Driven: DICKcoin seeks to function as a decentralized peer-to-peer digital currency owned by its community, such as porn stars, adult content creators, adult charities, and more.

6% BTC Distribution: 6% of every trade or transaction made on the DICKcoin platform is distributed to all DICK holders in the form of BTC.

Automatically Paid: The platform aims to automatically send earned BTC to the user’s wallet every 60 minutes.

Charity: 1% of each transaction gets utilized for charity funds, charity funds that work toward erectile dysfunction, HIV AIDS, penile cancer, porn retirement fund, retired prostitute fund.

Burning: 1% of each transaction gets burned through the burning address resulting in reduced supply and increased value. Coin 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.

Liquidity Pool: 1% of every transaction is used for supporting the liquidity pools for an ever-increasing price floor.

Marketing: The platform uses 1% of each transaction for the marketing and development model to continuously support the DICKcoin ecosystem.

History of DICKcoin (DICK)

DICKcoin is a community-driven platform with a maximum total supply of 21,000,000,000,000,000 DICKs. The platform launched its whitepaper in the Q4-2021 phase and aims to launch the DICK wallet in the Q1-2022 phase.