Chipit Protocol — a hyperdeflationary token, the first of its kind on Ethereum Classic and Binance Smart Chain. The focus is on reward distribution and NFT technology.
About Chipit Protocol
The Chipit protocol will redefine the memcoin environment and become the guardian of the ETC/BSC chain. Chipit - a revolutionary and community-driven blockchain ecosystem with NFT technology. What makes Chipit unique in its ability to generate value is that it runs on both Ethereum Classic and the Binance Smart Chain network, and is primarily configured to serve as the main token for the flagship Chipagram project.
Other features of the protocol:
| 1 | Dynamics of Chipit tokens distributes transaction fees across the network, distributing accumulated funds to token holders, based on their current wallets. |
| 2 | Assuming that Chipit's transaction volume is continuous, holders should receive additional payments until they decide to liquidate the token. |
Most crypto traders and enthusiasts are familiar with and frequently use Ethereum Classic and Binance Smart Chain, making them the logical choice of tokens to fork the Chipit token. This means that Chipit holders will be able to trade their tokens on popular exchanges such as AnySwap and PancakeSwap.
Chipagram aims to combine the social dynamics of Instagram with the current wave of NFT projects, forced to debut on non-interactive platforms like OpenSea. Understanding the relationship between personalization and popularity among digital platforms has been one of Chipagram's key philosophies and how it can help to drive organic growth. Mixing this with a growing market, based on revolutionary NFT technology, the project is guaranteed to be successful.
How does Chipagram work?
With Chipagram, users are encouraged to create and mint personalized views of their lives that can be respected and interacted with people in a social manner. Keeping a close eye on the Instagram iconography throughout 2010, Chipagram will continue to focus on niche and generic posts, providing users with the opportunity to generate income and digital experiences in real time.
All listings can benefit from the virality that has plagued thousands of Instagram posts and videos in recent years, adding a whole new dimension to the social media and NFT markets. Community engagement and arbitrage could be the basic combination of all future social communication objects and NFT platforms.
The Chipagram app is currently under development and is expected to launch this year as the first project in the Chipit ecosystem. You can track RoadMap through the Chipit website and receive updates through Chipit's official social media accounts.