DogeKing: A Token With Ambitions To Build The World’s Best Decentralised Ecosystem

Coinstore
3 min readJun 17, 2022

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What is DOGEKING?

Committed to building the world’s best decentralised ecosystem, DogeKing is a Decentralised Autonomous Organization (DAO) operating on Binance Smart Chain. As a project functioning without central leadership, decisions are governed by the community through Snapshot — a voting tool based on the IPFS decentralised storage system. With holders possessing voting rights and complete influence over how the organization operates, DogeKing ensures full transparency and autonomy with their project. As a deflationary token built for immense utility and future projects, DogeKing acts as mining hardware for DogeCoin. Thus, enabling users to earn DogeCoin passively simply by holding DogeKing.

DOGEKING Token Overview:

Total Issue Supply: 1,000,000,000,000,000 (1000T)

Total Circulation Supply: 416,000,000,000,000 (416T)

Transaction Tax: 10% (6% is assigned to the holder, 2% to their LP pool, 2% is allocated to their marketing wallet)

Trade Pair: DOGEKING/USDT

Launch Date: December 2021

Coinstore.com Listing: 20 June 2022, 16:00 (UTC +8)

Deposit Time: 21 June 2022, 16:00 (UTC +8)

Withdrawal Time: 21 June 2022, 16:00 (UTC +8)

What is the Token Utility of DOGEKING?

As a project that strives to break barriers and push beyond limitations, DogeKing has several use-cases. DogeKing’s use-cases are as such:

  • Earning DogeCoin simply by holding DogeKing in your crypto wallets
  • Possessing voting rights that holds influence over how the organization operates
  • Ensuring transparency and autonomy through IPFS decentralised storage system
  • Ensuring transparency and security of the community fund through the adoption of Gnosis Safe Wallet

At the time of writing, one DOGEKING token is valued at $0.00000004248~ USD with a 24-hour trading volume of $776,267 USD and a 2.77% increase in the last 24-hours.

A Closer Look at DOGEKING’s Tokenomics

DOGEKING has a total token supply of 1,000,000,000,000,000, and a circulating supply of 416,000,000,000,000. More details of DOGEKING’s tokenomics are as such:

  • 58.2% of tokens are burnt
  • 41.8% of tokens are circulated

For every transaction, 6% is assigned to the holder, 2% is allocated to their liquidity pool, and 2% is issued to their marketing wallet.

DOGEKING’s Roadmap

As a decentralised autonomous organisation, DogeKing has mapped out several milestones in its quest to achieve the title of “The world’s best decentralised ecosystem”. DogeKing’s roadmap is as such:

  • Launching DogeKing’s Staking Program and Charity Program in Q2
  • Deploying DogeKing NFT in Q2
  • Attaining 500,000 holders and integrating NFTs into its blockchain game by Q3
  • Deploying DogeKing Test Network in Q3
  • Attaining 1 million token holders and listing on 10 CEX by Q4
  • Releasing Mainnet version 1 in Q4

Interested users can check out DogeKing on Coinstore.com from 20th June 2022 onwards and be a part of this ambitious project while passively earning DogeCoin!

DOGEKING’s Official Channels

Website: http://www.dogekingcn.com/

Telegram: https://t.me/Dogeking_Official_EN

Twitter: https://mobile.twitter.com/DogeKingCHN

Get DOGEKING on Coinstore: https://www.coinstore.com/#/spot/DOGEKINGUSDT

Download the Coinstore App: https://www.coinstore.com

About Coinstore.com

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Bommi Hua, Assistant Marketing Head, Coinstore.com

Bommi.hua@coinstore.com

Jennifer Lu, Co-Founder, Coinstore.com

Jennifer.lu@coinstore.com

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