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The community-centric meme token allows users to earn passive income by simply holding their original token on the Core Chain.
Ignore Fud is a new meme token on the core chain that supports decentralized finance and blockchain innovations. The goal is to facilitate the adoption of more cryptocurrency users into the Core DAO and the broader crypto industry. Ignore Fud boasts a community-centric meme ecosystem and a distinctive hold-to-earn feature, which enables investors to earn rewards by holding its native token “4 Token”. In addition, investors gain exposure to a large and robust community of users from around the world.
The 4 Token
The official symbol of the Ignore FUD project is “4”. The token, to be launched via partner DEX, ArcherSwap, on March 24 will be a community-focused Meme token that forms part of the expanding Core DAO ecosystem. 4 TOKEN allows users to Hold-to-Earn $USDT stablecoin.
Token details and Tokenomics
Name: Ignore Fud
Symbol: 4TOKEN
Decimals: 18
Blockchain: Core DAO
Max and total supply: 40 billion
Token allocation
50% (20,000,000,000 4 TOKEN): Public launch
40% (16,000,000,000 4 TOKEN: Reserved
6% (2,400,000,000 4 TOKEN): Ecosystem fund for operating expenses and growth
4% (1,600,000,000 4 TOKEN): Airdrop + Marketing
The airdrop snapshot is scheduled for March 20th, followed by airdrop deployment on March 24th.
For the airdrop, 160 million 4 tokens each will be distributed over 10 rounds that include community members, media partners and influencers, the Core DAO Community and more. Find more details about the distribution of the 4 tokens airdrop in the white paper.
Tax information
There are no “Purchase” or “Transfer” taxes on 4 Token. However, there is an 8% sales tax on DEXs, of which 3% is converted to USDT and distributed as reflections to holders holding 400,000 or more 4 tokens. This allows 4 token holders to earn passive income.
2% will automatically be added to the liquidity pool, to ensure that price stability is maintained. 2% of the sales tax will be burned, keeping the token price deflationary from the start, while the remaining 1% will be converted to $CORE and allocated to operating costs and growth funds to expand the token utility.
4 Token Use Cases
4 Token will start as a meme token, but there are plans to create different use cases for it in the future. Some of the suggested use cases include:
- Blockchain Validator/Staking Node such as CORE Staking Node, ADA Staking Node, BNB Staking Node, Cosmos Staking Node, New Blockchains with Staking Node, and even other potential tokens that earn staking rewards.
- NFT Marketplace with 4000 Ignore Fud NFT Collections.
- Compounding Crypto Asset “Vaults”
- Decentralized Exchange (DEX)
- Community proposal
Deflation and burning mechanism
The deflation and burning mechanism of 4 Token involves three components. First, 2% of tokens are burned from the sales tax. Second, Ignore Fud plans to introduce Utility and Blockchain validation nodes, and other tokens that earn stake rewards. A percentage of monthly income will be used to buy back and burn 4 Token. Eventually there will be Ignore Fud 4000 NFT collections and all the money generated from selling NFTs will be used to buy back and burn 4 Tokens.
This deflation and burning mechanism is designed to reduce the circulating supply of tokens over time and create a scarcity effect that can lead to an increase in the token’s value.
Token Burn will continue as Ignore Fud earns revenue and continues to grow. This approach aims to create a sustainable Token Economy that is based on actual usage and value.
Security audit
Ignore Fud announced that it has passed KYC with Core DAO, with details of the smart contract audit still ongoing.
Ignore Fud’s Hold-to-Earn mechanism allows users to earn passive income by holding 4 Tokens, and the deflation and burn mechanism is designed to reduce the circulating supply of Tokens over time, creating a scarcity effect that can lead to an increase in the token . value.
With plans to introduce various use cases in the future and a commitment to a sustainable token economy based on actual use and value, Ignore Fud has the potential to be an exciting addition to the cryptocurrency industry.
To learn more about Ignore Fud, visit the following links:
Website | Twitter | Discord | Telegram | White paper
This article is part of a marketing package paid for by 4Token at a price of 400,000,000 4Token, with a public launch value of $4,200. All tokens are earned for 10 months, with 40,000,000 tokens per month.
