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Shakita Inu is a non-profit cryptocurrency project powered by its deflationary community token - $SHAK - on Binance Smart Chain. Holders of this token are entered into the BIG SHAK LOTTO where random holders are selected to win tokens and prizes. The project has plans to give away $1,000,000 to one random holder when the price reaches $1. The project's first official NFT collection, SHAK PUGZ, is a 10K collection that also comes with holder benefits, including tokens and prizes. When all of the collection has been minted on www.shakpugz.com, a TESLA Model Y will be given away to one random NFT holder. Additionally, there is a 2D play-to-earn endless runner style web game in development where players with high scores will win tokens, NFTs, and prizes. The project aims to take the Shakita Inu brand to mainstream audiences and is currently working on a whitepaper and updated roadmap for 2022. The project began in April 2021 and was founded by CJ (Crypto Jesus) with the goal of offering an alternative to Ethereum projects like SHIBA INU on Binance Smart Chain. The first token, $Shakita, was fair launched on DODO DEX in April 2021. It was later redeployed as $SHAK in August 2021 with a 1:1 token migration and a 10% transaction fee to fund project development. Shakita Inu is often referred to as a #SHIBKILLER and has gained popularity due to its low deflationary supply, 0% buy fee, and low gas fees. The project has gained recognition from notable figures like CoinChomp CEO Eric Turner and UFC fighter Mark 'Mugen Striegl'. CJ is known for his transparency and community engagement, which has led to the formation of the 'whale alliance' with larger token holders showing solidarity and long-term commitment to the project. The tokenomics of Shakita Inu include a max supply of 8B tokens, with 1.9B tokens burned from the supply. Transaction fees consist of 0% buy fee, 10% sell fee, and 10% transfer fee, which are distributed to project wallets for game development, SHAK NFT project, marketing funds, and the Shakita Fund or Burn Wallet. Over 600m tokens are locked or vested by the whale alliance, and the Pancake Swap liquidity pool is locked. The project wallets hold approximately 300m tokens, but this number fluctuates as tokens are burned from the circulating supply.
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