Smokin Token’s goal is to enlighten investors with our strategy, rewards, and progressive outlook
Smokin Token Overview
Smokin Token’s goal is to enlighten investors with our strategy, rewards, and progressive outlook. This paper contains the redistribution and reward values for holding Smokin Token (SMOTO), Milestones of the Token and our future plans. We are excited to have an improved smart contract format that will provide BNB auto reward tokens.
Our vision is to not only have the Smokin Token but to build a cryptoverse around our community with future projects, NFTs, and different types of contests.
Reason for the Project
We decided to start Smokin Token because most of the new projects on the Binance Smart Chain is garbage. Nothing is more frustrating than investing in a project to discover it’s a scam, honeypot, or rug-pull. We noticed several projects lacked a sufficient website, no communication with its investors and relied on heavy advertising to push their project. Our project has a purpose and one of the most important aspects of Smokin Token are the investors.
Our plan is to have a series of events where holders of at least 950 tokens can participate at no cost. When we reach 10 million market cap we will really start branching out with new related opportunities.
We also plan on releasing additional limited tokens in our cryptoverse. When we accomplish our Roadmap goals, we will release a 420 token. The 420 Token will have a limited supply of 420,000 and only a 2% tax for marketing and expansion.
Smokin Token Breakdown
SMOTO is a yield-generating token that runs on the Binance Smart Chain (BSC). Holders that hold a minimum of 950 SMOTO tokens are automatically participating in the reward with BNB. The token contract employs a fixed transaction fee system:
11% (in BNB) is redistributed:
Proportionally to the amount of SMOTO Tokens the holders hold (exception Liquidity Pool which is 4.20%)
Only holders that has a minimum of 950 SMOTO Tokens participate in the distribution
4.20% (in BNB) is used to fuel the liquidity pool
3% (in BNB) transaction fee for selling to the advertising wallet.
Total — 18.2% of the Transaction
Anti-Dumping Limitation
Any transaction selling more than 0.05 of the total SMOTO Token supply will be rejected. This is to maintain stability for investors and promote growth over time.
BNB Auto Redistribution
Those who hold a minimum of 950 tokens are participating in the 11% redistribution of a transaction in BNB Smart Chain tokens. Rewards are normally distributed every hour, but this is in the end determined by trading volume and trading timing.
Token Information (provisional)
Network: Binance Smart Chain (BEP-20)
Ticker: SMOTO
Contract address: TBD
TOTAL SUPPLY: 100,000,000
TEAM Allocation: 5,000,000 (5%)
TOKENS FOR PRESALE: 25,000,000 (25%)
TOKENS FOR PANCAKE LISTING: 60,000,000 (60%)
TOKENS FOR MARKETING WALLET: 5,000,000 (5%)
TOKENS FOR AIRDROP: 5,000,000 (5%)
MAX. Contribution: 5 BNB
Liquidity Locked: 100% — Unlock Date: 3 months minimum
AMA Updates
The Smokin Token team is dedicated to this project, and we will ensure you will be informed every step of the way.
We will provide regular updates on progress and answer any questions from our investors. We will host AMA’s and update our schedule via Telegram and Discord. You can also join us on “Spaces” a new format on Twitter to chat about current topics and the future of Smokin Token.
Security of Smokin Token
Security is important, so prior to presale and launch, we decided to have our token and smart contract audited by Dessertswap.finance. The reason we chose Dessert Swap finance is because it’s Audit writeup is easily understandable for the average person. The Audit result performed by Dessertswap.finance found the following: TBD
There is always room to improve, so to ensure we have the highest quality code in our token we have additional audits pending and will update the white paper as the project progresses.
Contract Ownership
The Smokin Token team will maintain the ownership of the smart contract.
We understand maintaining ownership of the smart contract will require the trust of our investors. All updates will be based on the governance voting system we will provide as the project progresses. No changes to the contract will occur without notifying our voting holders.
Investors who hold a Minimum of 5000 tokens can vote during our discussions recommending improvements related to the project.
Liquidity Pool Locking
We chose DXlocker to lock our liquidity at launch and reassure investors of our long-term commitment. Liquidity will lock every 3 months to accommodate upgrades and DEFI space changes. When pancake swap and DX sale complete upgrades, our quarterly locking system will prevent lost liquidity and liquidity being locked in outdated systems.
Utility and future use
As our token progresses and matures, and the market cap increases, there will be additional benefits for holding SMOTO. As our market goals are met, outlined in the roadmap, the following benefits will become available:
NFT Market Place
Smokin Token Wallet App
Smokin Token Swap
Ethereum Network Bridge
Cardano Bridge
Event Sponsorship (sporting and CBD events)
YouTube and Tick Tock sponsorship
Merchandise Expansion
Business Collaboration
CBD and Marijuana
We firmly believe that CBD and Marijuana have real world medical benefits
Our goal at Smokin Token is to bring awareness of the health and industrial benefits of CBD and Marijuana derived products. This token supports the legal use and consumption of CBD and Marijuana products.
If you look back 20 years ago the legalization and medical use of marijuana was just a fantasy. That all changed in 1996 when the state of California became the first state to legalize the medical use of marijuana. We see California as a pioneer to something bigger. Then in 2012, Washington and Colorado became the first two states to legalize the use of recreational marijuana. As our society evolves and more research is being done, it has become adapted as an acceptable form of treatment for several conditions such as Alzheimer’s, ALS, cancer, Crohn’s disease, epilepsy, seizures, AIDS, and more. Smokin Token was designed to be a crypto support system for community members with a vested interest in the future of marijuana health research and industry.
The benefits of Marijuana and CBD have been shown to relieve symptoms related to:
Pain
Nausea
Migraines
Anxiety
Depression
Seizures (CBD)
Anti-inflammatory properties
Insomnia and sleep disorders
We do see the benefits of CBD products and in the future, we plan on inviting different vendors in the communities we visit to our community events so we can support local businesses that sell CBD and Hemp based products.
Roadmap
Phase 1
Website launch
- Smart contract testing
- First phase marketing
- 5,000 Telegram members
- First audit …in progress…
- Listing on Coin Gecko and Coin Market Cap
Phase 2
Second phase marketing
- Second audit
- 10,000 holders
- NFT launch
- Marketing collaborations
- Stake your stash
- 15,000 Telegram members
Phase 3
50,000 holders
- iPhone and Google Play wallet app
- Smokin’ Token utility coin launch at $420k supply
- Bridge on ETH and ADA
- Phase three marketing
- Event sponsorship
Phase 4
100,000 holders
- Phase four marketing
- Website restructure
- Major donation at $200mil market cap
- Smokin’ Swap
- Holder’s community votes
Team
THE BIG KAHUNA
EDITOR IN CHARGE
INTERNET GENIUS
BRAINSSSS
GRAPHICS GODDESS
MAD DESIGNER
Untuk Informasi Lebih Lanjut:
SITUS WEB: https://www.smokintoken.org/
WHITEPAPER: https://www.smokintoken.org/rollingpaper
FACEBOOK: https://www.facebook.com/Smokin-Token-106552481658347
TWITTER: https://twitter.com/TheSmokinToken
TELEGRAM: http://t.me/SmokinTokenReboot
BTT Username: BEAT123
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2740768
Telegram Username: @Beat111
Discord Profile Link ; BEAT123#5649
wallet Address: 0xf2a70BAb5bBF6E6564cBd7B87FCFE33B4D45f14A
Participated Campaigns: Artikel
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