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Cheems Inu – MemeTools and Metaverse Gaming in Development

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Wilmington, Delaware–(Newsfile Corp. – January 6, 2022) – Cheems Inu coin is soon launching their MemeTools and a metaverse game in the coming month(s). Cheems Inu, the king of meme coins, can be considered a meme no longer. The crypto currency launched last month on the Binance Smart Chain as just another dog-based coin, but since then the development team has worked hard to create utility and value for the token. The community has responded and pushed Cheems Inu to an all-time high of 60 million (USD) market cap with over 40 thousand individual holders.

Cheems Inu

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The Cheems Inu team believes they can properly combine the lighthearted fun of a meme token with utility and function, to create a truly revolutionary crypto project. The team’s vision is to inspire and educate their base about blockchain technology and create wealth and liquidity for the new generation of investors.

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MemeTools Development on Schedule

Part one in this plan is already in development and involves creating a universal hub for meme token listings, charts, and educational material. This site, knowns as MEMETOOLS, will be operational in its initial version during Q1 2022. Later in 2022, a swap functionality called CHEEMSWAP will be added.

Besides the exposure that will come from being listed on the Cheems Inu MEMETOOLS site, token developers and advertisers will be able to utilize ad space across the platform. All ads and fees will be paid for in Cheems Inu tokens, of which half will be burnt, and half will be added to rewards supply for future staking plans.

Cheems Inu Joins the Metaverse

Part two of the dev teams plans was announced on December 30, 2021 to a great reception. Cheems Inu is teaming up with several other projects on BSC and ETH to create a Metaverse game that will be called Metapolis. This Play to Earn game will take place in a huge open world virtual city, where users will compete to accumulate property, wealth, and fame. Cheems Inu holders will control the “downtown” area of Metapolis, and land sales (in the form of CHEEMSBURGER Business Licenses) have now begun. As of writing, 26% of the available spots were sold within 10 hours of being available. Cheems Inu holders are excited to be a part of the metaverse, the future of gaming.

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The Cheemsburger Licenses will offer passive income to anyone holding one. Furthermore, the license gives them a lease in a building in downtown Metapolis and a chance to make more money in the metaverse. Businesses will be offered support setting up and with integration into online and real-world markets. All business services and products will exist in the form of liquidized NFTs, meaning users can always sell them, even when there is no direct buyer. This is part of a revolutionary economic system being developed in partnership with other teams in the Metapolis.

MemeTools and CheemSwap will have physical locations in the metaverse where users can interact with them in virtual reality. Their use will be integral to success in the Metapolis ecosystem and bring further exposure and token burn to Cheems Inu. This is not only a game, but an engine designed to bring wealth to those who master it.

Cheems Inu Tokenomics Breakdown

Total supply: 6,000,000,000,000,000,000,000
Circulating supply: 4,541,200,004,955,580,000,000
Maximum wallet size: 3% of the total supply
Taxes: 10% Buy & 15% Sell

50% of the taxes go towards an automatic burn function where the allotted tokens get permanently deleted from the supply. The rest of the tax goes towards marketing and liquidity.

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Contact:
Chase Winder
Community Representative
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/109243

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Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Blockchain

Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blockchain

Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:

BlackRock ETF Embraces Blockchain with First Muni Bond Purchase

BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.

By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.

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Source: Yahoo Finance

Plume Secures Funding for Tokenization Platform

Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.

Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.

Source: Fortune

SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips

SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.

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As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.

Source: The Quantum Insider

Deutsche Bank’s Public, Permissioned Blockchain Initiative

Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.

The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.

Source: CoinDesk

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KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands

Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.

By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.

Source: PR Newswire

Industry Implications and Key Takeaways

Today’s developments highlight the transformative potential of blockchain across multiple domains:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.

The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.

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