INU BTC WHITE PAPER

 In the spirit of the development of the first cryptocurrency, Bitcoin, INUBTC aims to be a borderless, trustless, unit of value with a clearly defined maximum number of tokens.  With scarcity, follows value.  Refined with current standards including the ability to run smart contracts that have been designated to run by the INU BTC community, INU BTC is a coin to be held.  To minimize gas fees and maximize the number of tokens or amount of token you can receive for your investment while also supporting broad and easy ownership, INU BTC is a BEP20 token on the Binance Smart Chain that has zero transaction taxes.  Like the original Bitcoin, there will only be 21 million tokens available—a miniscule fraction of the count of tokens more typically created.  To help maintain value while being environmentally friendly or charging buyers and sellers additional fees, is planning to have an initial float of 8,500,000 tokens.  The amount will increase by 20% annually until the defined token count is reached—not to exceed the maximum 21,000,000 INU BTC available.  See Tokenomics for details.   In time and if desired and economically feasible for the community, services and compatibilities will be created. 

No Tax Distributions – There is no tax distribution paid by buyers and sellers of INU BTC on trades.  Slippage, if any, is de minimis and 100% a function of Binance Smart Chain (BSC).   

Initially, there will be no marketing tax, auto-liquidity tax, development fees, et cetera reducing the tokens you purchase or to pay when you sell.  There is no waiting and wondering if you’ll get reflections.  There is no taking the tax you pay and sharing it with numerous buckets that barely or don’t include you.  The value of INU BTC is in predictability, scarcity and utility.  Clear and simple.

INU BTC will be tradable on the BSC BEP-20 under the ticker INUBTC and you will be able to purchase it initially on Pancake Swap. Contract Address: 0xToken Name: INU BTCSymbol: INUBTCTotal Token Supply: 21,000,000 Utility:  The community will decide.  Marketplaces, NFT exchanges, swaps, value exchange, savings, staking are all options as well as any other ideas as voted on and implemented by the Community.  Today, tokens can be saved as a store of value, sent to others, or used in exchange for goods and services by anyone who will accept them as a payment.  

INU BTC, like Bitcoin coins, only has 21,000,000 tokens outstanding.  

The float will follow the release schedule below on an approximate annual basis from launch.  It will take approximately six years for all coins to enter the liquidity, providing plenty of time to not flood the market of coins.  We have found a gradual release of tokens rather than having the Community continually paying to burn tokens through transaction taxes a far less expensive and effective way for all holders to maintain prices while interest in the INU BTC project grows.  There will be an upfront allocation that will not immediately go into the float that will be used for initial Operations costs and launching expenses.  The community will not be charged ongoing marketing fees that the founding team believes does not yield the intended benefit.  

To maintain relative scarcity, the initial float of INU BTC will be 8,500,000 tokens, which includes the founders 14.2% share and the 500.000 Operations allocation.  The remaining 5,000,000 will go to the public for exchange.  Annually thereafter the float will increase by 20% of that year’s float until the total float stops at 21,000,000 tokens.  The founders believe an annual increase of 20% of current float of tokens is minimal and will maintain token scarcity, while making all tokens available within approximately six years.  Tokens will be added through increased liquidity.  The purpose of this annual liquidity event is to maintain scarcity and very gradually increase supply as interest grows. 

launch via PancakeSwap

In late Q4 2021 or early Q1 2022, INU BTC will launch on PancakeSwap after our presale being filled the day before, any changes to this will be stated in the telegram group in good time before launch. Please only purchase from the contract on this website or the pinned posts in the telegram. 

Audit

If an audit is not completed before release we will have one initiated within three weeks launch and completed in Q1 2022. Having a third party review is essential to building trust.   

Multiple Different Aggregator Listings including CoinMarketCap.com and CoinGecko.com.

Soon after launching, INU BTC will be submitted to CoinMarketCap and CoinGecko for site listings.  Support and suggestions to successfully list INU BTC will be sought by INU BTC community.   

DEX and CEX listings

Increased liquidity and broader ownership will be much easier to achieve when INU BTC is easily traded over multiple decentralized and centralized exchanges.  This effort will be ongoing and support from the INU BTC community will be sought. 

Founders release operations to organized community collective.  

This project has been designed to be fully decentralized, trustless and self-sufficient.  With that, decision points will arise and need to be addressed by the INU BTC community of holders.  Like Bitcoin, this altcoin is designed to be a product of the community of INU BTC owners..