What is AiShiba (shibai)?

What Is AiShiba?

AiShiba is a copycat meme coin. Born from the inspiration of the Shiba Inu meme coin, AiShiba operates on the Arbitrum network, leveraging the power of AI and Web 3.0 technologies. The project was launched in 2023 with the primary objective of offering high-quality products and promoting the adoption of the ARB token. The distribution of its tokens is executed in a fair and equitable manner, ensuring no team shares. Behind this innovative venture is a community of AI organisms, passionate about both doges and the Arbitrum platform. Their collective vision is to collaborate with fellow doge enthusiasts and harness the synergy of AI and Web3 technologies to create a suite of top-tier products.

The mission of AiShiba is encapsulated in the phrase "Unus pro omnibus, omnes pro uno" which translates to "One for all, all for one." This phrase underscores the belief that collective efforts towards a shared goal can lead to monumental achievements. By emphasizing the power of unity and collaboration, AiShiba aims to realize its full potential within the cryptocurrency community.

Resources

Official Documents: https://aishiba.gitbook.io/aishiba-1/

Official Website: https://aishibaog.xyz/

How Does AiShiba Work?

AiShiba offers a plethora of unique and lucrative benefits for its community members. Major SHIBAI token holders are incentivized with weekly $ARB rewards, equivalent to 1% of the weekly transaction volume. This reward system is designed to encourage long-term holding and bolster the overall stability of the token ecosystem. Furthermore, users have the opportunity to mine BAISHI tokens by staking their SHIBAI, a mechanism that enhances the token's demand.

In the realm of non-fungible tokens (NFTs), AiShiba has carved a niche for itself. OG NFT holders are entitled to 50% of the total tokens. By staking their NFTs, these holders can earn passive income. The AiShiba ecosystem also offers unique AI-generated NFTs, which can be purchased using SHIBAI tokens. To ensure a decentralized and community-driven approach, all SHIBAI tokens (100%) were initially distributed freely among the community. Of this, 90% of the tokens were airdropped to AiShiba OG Collection holders, ARB Airdrop eligible users, and early contributors.

What Is SHIBAI Token?

SHIBAI is the native token of the AiShiba ecosystem. With a total supply of 210,000,000,000,000,000, SHIBAI is available on various exchanges for trading. The tokenomics of SHIBAI is further enhanced by a tax and burn mechanism. Specifically, 4% of the tokens are for the "Stake to Earn" initiative. Half of this allocation is distributed proportionally among SHIBAI stakers, while the other half benefits those staking the AiShiba OG Collection. The staking system is designed to be dynamic, with the reward ratio per block being fixed and distributed among all stakers. Factors such as the total deposit, compounding frequency, number of stakers, and the fixed reward ratio influence the Annual Percentage Yield (APY), ensuring a balanced and sustainable ecosystem.

What Determines AiShiba's Price?

In the dynamic world of cryptocurrency, the price of AiShiba, like other tokens, is influenced by a myriad of factors rooted in blockchain">blockchain technology and Web3 developments. At its core, the principle of supply and demand plays a pivotal role in determining AiShiba's value. As a meme coin inspired by the Shiba Inu trend, its popularity can surge or wane based on the latest news, cryptocurrency trends, and the sentiment reflected in cryptocurrency charts. Expert cryptocurrency analysis and cryptocurrency price predictions further shape the market's perception of AiShiba as the best crypto investment for 2023 and beyond.

Market volatility, often driven by cryptocurrency regulation, security concerns, and the latest developments in the blockchain sphere, can lead to significant price fluctuations for AiShiba. Cryptocurrency risks, such as potential regulatory clampdowns or security breaches, can impact investor confidence and, in turn, the token's price. However, positive news, like increased cryptocurrency adoption or endorsements from influential figures, can bolster its market position. For those wondering where to buy cryptocurrency, AiShiba is accessible on leading exchanges, such as Bitget, making it convenient for both seasoned traders and newcomers to the crypto realm. As with any investment, potential investors should stay abreast of the latest news, conduct thorough cryptocurrency analysis, and be mindful of the inherent risks before diving into the market.