The new token builds on the foundation created by other meme tokens such as $DOGE, but builds on the concept by providing its users with tangible development tools. Their asset is deflationary and features a built-in smart contract burning mechanism to keep value consistent and stable.
More information can be found at https://roboape.io/en
RoboApe’s phase 1 launch sees the introduction of the $RBA token alongside the roadmap for the remainder of the project. The first and only token generation event for this token occurred in late June and was disbursed among advisors and partners in shared wallets; public trading will be available in mid-July.
The phase 1 launch also saw the creation of the RoboApe DAO, an open governance protocol that will oversee expansions and future upgrades. All token holders who hold on the RoboApe exchange will be eligible to participate in the DAO and will be granted voting privileges upon the launch of public trading. More information is available on their Telegram page at https://t.me/ROBOAPE_OFFICIAL
Following the pre-sale period, RoboApe’s phase 2 launch will begin. During this second phase, holders of the asset will be able to mint RoboApe Card NFTs on the ETH blockchain as another way to invest in the project and show support for future developments.
RoboApe seeks to use the hype that has carried other meme coins to success to achieve stability and establish a community of passionate crypto enthusiasts. Later in their roadmap, they plan to use this momentum to host live streams, esports tournaments, charity events, and more.
In terms of utility, this project seeks to build a token that is stable, holds value over time, and which can be used in cross-chain trading. Their deflationary model and DAO governance protocols will allow for investor control over the future of the project and the future capabilities of this asset.
They have also established a strong security protocol, and those participating in the presale will be required to pass KYC verification. This has been done to ensure control remains in the hands of the holders, rather than in a few automated wallets.
Interested parties can find out more at https://ape.roboape.io/register
Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.
House of Francis, Room 303
Ile Du Port, Mahe, Seychelles
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Times of Chennai journalist was involved in the writing and production of this article.