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What is KISHU

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1. What is Kishu?

Introduction to Kishu Inu Cryptocurrency

Kishu Inu is a cryptocurrency that was established in April 2021, aimed at becoming a truly purpose-driven decentralised meme project. Its mission is to bring the popular cryptocurrency concept into the mainstream. Unlike earlier comparable projects, Kishu Inu introduces a variety of features and applications for its holders.

Main Features and Products

  1. Community Ownership: The Kishu Inu token is entirely owned by the community, with no tokens held by the founders or development team; governance of the project also rests in the hands of the community.
  2. DeFi Applications: The Kishu Inu project integrates various DeFi applications, including NFTs and a unique participation reward system.
  3. Kishu Paw Print: A wallet tracker that allows users to view all KISHU statistics and manage their wallets.
  4. Kishu Crate: An NFT marketplace featuring various NFT farms, enabling users to earn NFTs by staking wrapped Ethereum (WETH) tokens or KISHU tokens.
  5. Kishuverse: An NFT collection with 8,888 unique dog-like NFTs.
  6. Kishu Swap: A decentralised exchange powered by Uniswap, allowing users to swap various tokens based on the ERC-20 token standard.
  7. KISHU sWag: A merchandise store that allows users to purchase various items representing Kishu Inu, including hoodies and T-shirts. All profits from the store are utilised for further development of the Kishu Inu crypto project.

Use Cases

  1. Staking: Users can stake KISHU tokens to earn staking rewards.
  2. International Remittances: Transfers between wallets, with transaction costs significantly lower than traditional banking, can be used for international transactions of Kishu Inu coins.
  3. Loans: Kishu Inu tokens can be lent to others, thus generating an interest rate.
  4. A Medium of Exchange: Kishu Inu tokens can be traded on DEXs.
  5. Reward Tokens: All transactions made with this token receive a certain percentage of KISHU tokens as a reward.

Tokenomics

  1. Maximum Supply: The maximum supply of Kishu Inu tokens is 100 quadrillion.
  2. Deflationary Nature: KISHU tokens possess a deflationary nature; once the total supply reaches the maximum limit, the price of KISHU may rise.
  3. Burn Wallet: The Kishu Inu cryptocurrency project has a burn wallet that is used to periodically buy back KISHU tokens and then burn them, which also enhances the deflationary nature of KISHU.

Security

The smart contracts of the Kishu Inu crypto project have been audited by CertiK, ensuring the security and reliability of the project.

2. Who founded Kishu?

Kishu Inu (KISHU) cryptocurrency was founded by an anonymous team in April 2021. The team has chosen to remain anonymous but occasionally shares some information about themselves on Kishu Inu's Twitter account.

3. Which venture capital invested in Kishu?

Based on the results provided, there is no direct information available regarding which venture capital firms invested in the KISHU cryptocurrency. These results mainly highlight the features and trading platforms of KISHU, as well as other content related to cryptocurrencies and blockchain.

If you need information on KISHU's investments, further searching or reviewing relevant investment news and reports may be required.

4. How does Kishu work?

Kishu Inu (KISHU) is a decentralised community-owned memecoin, and it operates as follows:

  1. Trading and Liquidity: The Kishu Inu ecosystem is primarily built on Uniswap, facilitating trading and liquidity management through liquidity pools, NFT marketplaces, and DEX (decentralised exchanges).

  2. Staking Mechanism: Users can earn returns through the staking mechanism, which means users can lock KISHU cryptocurrency in specific smart contracts to receive interest or rewards.

  3. Community Participation: Community participation in Kishu Inu is a crucial component of its operation, where community members can contribute to the project’s development in various ways, including donating funds to charitable organisations.

  4. Exchange Support: Kishu Inu can be traded on multiple exchanges, including Binance and ChangeNOW, which allows users to easily buy and sell KISHU.

  5. Market Capitalisation and Trading Volume: The market capitalisation and trading volume of Kishu Inu can be viewed in real-time on websites like CoinMarketCap, helping users understand its market performance and liquidity.

To summarise, the functioning of Kishu Inu relies on its decentralised community ecosystem, liquidity management, staking mechanism, and support from multiple exchanges.

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