What is HarryPotterObamaSonic10Inu (BSC)?

HarryPotterObamaSonic10Inu (BSC), also known as BITCOIN, is a distinctive cryptoasset that aims to encourage the creation of innovative and entertaining meme content. With no current developer and ownership renounced, the growing community has taken the reins, successfully completing a full audit, an NFT collection, and striving for staking partnerships. The project seeks to establish an ecosystem where active community members can meet, collaborate, and share the rich CoinLore, an archive of the token's history. The HarryPotterObamaSonic10Inu smart contract employs three functions: Reflection, LP acquisition, and Burn-In each trade. The total supply of BITCOIN is 1,000,000,000,000,000, with 637,100,259,651,041 BITCOIN already burned.

How does HarryPotterObamaSonic10Inu (BSC) work?

HarryPotterObamaSonic10Inu (BSC) operates through a smart contract that employs three functions: Reflection, LP (Liquidity Pool) acquisition, and Burn-In each trade. Each transaction incurs a 5% fee, which is redistributed to holders, and another 5% fee that goes into the LP. This mechanism aims to incentivize holding and increase the liquidity of the token. The contract's source code is verified, and the ownership has been renounced, meaning that the community has full control over the project's direction.

What are the potential use cases for HarryPotterObamaSonic10Inu (BSC)?

HarryPotterObamaSonic10Inu (BSC) aims to create an ecosystem for active community members to meet, collaborate, and share their rich CoinLore. This ecosystem could potentially include an NFT marketplace, unique merchandise, and an ecommerce site inspired by the meme that led to the coin's creation. The token also seeks to incentivize the creation of novel and entertaining meme content, providing a platform for creators and enthusiasts alike. Furthermore, the token's smart contract mechanism, which redistributes a portion of each transaction to holders, could potentially encourage long-term holding and stability.

What is the history of HarryPotterObamaSonic10Inu (BSC)?

The HarryPotterObamaSonic10Inu (BSC) project was born out of a desire to create a unique and fun cryptoasset that would incentivize the creation of entertaining meme content. The project's name and concept draw inspiration from various cultural icons, including Harry Potter, Barack Obama, and Sonic, reflecting its roots in internet culture and meme creation. With no current developer and ownership renounced, the project's community has taken the lead, successfully completing a full audit and an NFT collection. The project's history is archived in the CoinLore, a rich record of the token's journey that the community aims to share with the world.