HOGE is a deflationary token (second answer coming meow).Įvery time there is a transaction on the blockchain there is a 2% tax where 1% is burned and 1% is redistributed to all the holders. MEMEs have proven to be an incredible and universal way to connect with people and when the business world catches up, HOGE will undoubtedly be the Microsoft of MEMEs. We as humans live most of our lives in front of digital screens and seek relationships, human connection, entertainment and a good time online.
We live in a socially distanced COVID19 fueled world today.
MEMEs are hastily underestimated by mainstream businesses and corporations in today’s business world. The thing is, HOGE is an unmistakable MEME icon. Why was it done this way and did you not create HOGE directly with a half amount of tokens? You burned 50% of the tokens immediately upon creating it. We are the future of organized businesses and corporations.Ī Decentralized Autonomous Organization – Where the power is truly fair and balanced with the community who breaths life into the project. The project is community funded and having an unreasonable thinking community of over 100,000 investors across FIVE blockchains who don’t take no for an answer is a powerful nation that make’s anything on any blockchain totally HOGE possible. HOGE does NOT have a dev wallet meaning no developers are being paid every time there is a buy,sell, swap or trade. Our community is responsible for its growth, progress and inevtaBULL future. HOGE FINANCE was built on the avatar’D backs of unreasonable thinkers who focused on adapting the blockchained world to HOGE and not the other way around. Notice that the real HOGE lives on Ethereum, not Binance Smart Chain.What role does the community play in the HOGE project funding process? And could you tell us why you need community involvement? Since its launch, HOGE has gotten a copycat, which raises an interesting point about crypto projects: because developing your own project is so easy and this market is not regulated, we might see more of these parasitic tokens. HOGE supports and encourages this in various ways like developing the NFT Platform, opening the Gaming Lab for public game creation, launching eSports community, with the plans to expand the ecosystem even further. Burning the tokens increases the remaining supply’s value, while autostaking motivates HOGE holders to use it often, since every transaction benefits everyone.Īs many other meme tokens, HOGE is being driven by active community participation like meme making, public discussions, art creation, etc. The founders describe this token redistribution process as autostaking – to get rewards, the holders don’t have to do anything except have HOGE in their wallets. To achieve this, HOGE founders introduced a 2% tax on every transaction, which is split between the burn address and all the HOGE holders. HOGE is a deflationary asset, which means that its circulating supply is constantly decreasing. 1 trillion coins, which is the max supply, were minted with half of it burned at launch. HOGE is an ERC-20 Ethereum-based token fair launched as a “ DOGE but DeFi” meme currency on February 7, 2021.
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