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Another meme coin centered around utility has entered the market. Known as Salukis, this meme coin conveys the feel-good journey of a Saluki-themed dog and has designed an ecosystem to help stray dogs find shelter.
However, additional perks are planned for this ecosystem that will make it stand out from the other meme coin offerings. This article provides a sneak peek into what this token is all about.
Salukis – A Team of Dogs Crashlanded from the Stars
Salukis Coin doesn’t showcase terrestrial dog memes but instead has a sci-fi take on its lore.
The story is about brave dogs who set out to journey across the galaxy. However, their ship malfunctioned around Earth’s atmosphere, causing them to crash land on the blue planet.
But these dogs, full of hope and determined to find a home, discovered a new purpose. They encountered stray Salukis and other dog breeds and started the journey of using their compassion and kindness to help them.
The underlying themes of altruism make this meme coin different from the rest. The jokes aren’t the main focus here, but the community may still come together as the project’s goal is to provide homes for dogs.
Introducing a Multi-Utility Ecosystem
The project’s website does not highlight a singular utility that Salukis aims to tap into. Its roadmap is extensive, and its ambitious goals make it a particularly nuanced cryptocurrency project.
For instance, unlike standard meme coins, whose use cases are limited to social media, Salukis has envisioned the creation of more tangible perks. These include the following:
Staking Rewards
The first use case that Salukis Coin highlighted is also the most common—staking. Staking has long been viewed as a reliable way to generate passive gains within the crypto ecosystem. Initially reserved for high-cap proof-of-stake cryptos, this utility has now made its way into meme coins.
Like other staking-based crypto projects, Salukis will leverage staking for two purposes. The first is to ensure the project’s stability. The second is to incentivize long-term holding, encouraging more people to join, which will help pave the way for its loftier goals.
Animated TV Series
The second utility that Salukis has highlighted is its upcoming animated series. Similar to staking, Salukis plans to launch the series after the presale concludes. It is expected to leverage the cuteness of the Saluki breed to create engaging content and make it available on multiple platforms.
While the storyline of the show remains unknown, it could be child-friendly and focus on the philanthropic goals of the project.
Salukis Global Shopping Mall
Salukis will also develop a global shopping mall. It envisions becoming a digital hub for Salukis-based merchandise, which will enhance the project’s reach and offer shoppers 1-2% cashback in $SALUKIS.
Salukis Mainnet and Exchange
The official website has emphasized that Salukis’s primary goal is to create its own mainnet. This indicates that the project aims to establish a unique blockchain ecosystem that may specifically cater to meme coin investors.
Additionally, plans to develop a decentralized exchange of the same name are also in progress, potentially positioning Salukis as a competitor to Shiba Inu. For reference, Shiba Inu already has its own exchange, ShibaSwap.
A Global Donation System Powered by Blockchain
All the elements mentioned above will involve transaction fees. A portion of these fees will be donated to global organizations that build dog shelters around the world.
While this may seem like a straightforward feature, Salukis breaks the norm by allowing investors to decide where the donations go.
The donation system will be blockchain-driven, with smart contracts determining the allocation of funds. The decentralized application enabling this functionality will streamline the donation process while providing investors with metadata to track where the donations are being directed.
Salukis Tokenomics – Simplified and Mostly Community-Centric
Salukis tokenomics have been designed with simplicity in mind. While they are primarily community-centric, the developers have incorporated some centralized elements to ensure the project evolves according to its original vision.
The entire supply has been divided as follows:
- 15% allocated for the presale
- 20% allocated for staking rewards
- 30% allocated for liquidity when the token gets listed
- 5% allocated for marketing and event rewards
- 10% allocated for Salukis ecosystem maintenance
- 10% allocated for foundation operations
- 10% allocated for developers
This approach of not dedicating a significant portion of the supply to the presale works in Salukis’s favor. It helps mitigate the potential sell-off that could occur once the presale concludes, encouraging continued interaction with the project after it goes live on exchanges.
Salukis Roadmap
Salukis’s roadmap consists of four phases:
Phase 1
In the first stage, the project’s social media channels and website were launched, and the distribution of Salukis began. The first round of press articles, as featured on Social Insider, has already been published.
Phase 2
The second round of press articles covering the project has started, and the community is being activated. Launch events are also in the planning stages.
These launch events will give users additional opportunities to enhance their gains from investing in Salukis during the presale. By participating in social media activities, referring others to the token, and completing various social tasks, users can earn additional tokens as rewards.
Phase 3
The third phase of the roadmap will conclude the presale and initiate the staking process. During this phase, the project will also undergo an audit, followed by listings on decentralized exchanges.
Phase 4
The fourth phase will mark the launch of Salukis on centralized exchanges and the official start of the Salukis Project. Decentralized applications will be developed, and the community will place greater emphasis on charity activities.
Salukis Coin Review – Is Salukis a Good Investment?
Salukis Coin has a noble aspect that makes it appealing to cryptocurrency investors looking to participate in projects that aim to make a difference. Additionally, the token’s focus on robust use cases could attract long-term traders to the project.
Moreover, being a meme coin, Salukis belongs to an asset class that has gained significant traction in the current volatile market conditions.
Due to these factors, Salukis could be considered a promising investment for those seeking low-cap assets with high potential.
How to Buy Salukis Coin?
Here are the steps to buy Salukis Coin:
- Set up an EVM wallet to store $SALUKIS tokens.
- Add ETH to the wallet.
- Go to the official website – salukiscoin.com.
- Swap ETH for SALUKIS.
- Claim the token when the presale concludes.
Salukis Has the Potential to Become a Leading Asset This Year
With its unique blend of utility and aesthetics, Salukis has the potential to become one of the leading meme coins on the market. While it may face competition from existing projects with similar goals, it could offer investors a valuable opportunity to diversify their meme coin portfolio.
Those interested in engaging with the project and connecting with its developers should join its Twitter and Telegram channels.
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