Chickencoin is classified as an ERC-20 token, a widely adopted standard for tokens on the Ethereum blockchain, facilitating easy trading, staking, and transfer. What makes this project particularly captivating is its community-focused distribution model. The distribution of $CHKN is structured as follows:
- Airdrop: 20% of the total supply was airdropped to holders of the PEPE community tokens, fostering goodwill and camaraderie among early adopters.
- Fair Launch: A significant 70% of tokens were distributed through a fair launch on Uniswap v2, giving all investors an opportunity to buy into the project without pre-sale favoritism.
- Development Allocation: 6.9% of tokens are held for development purposes under multi-signature control, ensuring a governance structure that minimizes risks of mismanagement.
- Community Marketing: Lastly, 3.1% of the token supply is allocated for community marketing initiatives, aimed at attracting new users and promoting extensive projects.
At its core, Chickencoin seeks to harness the whimsical charm of memes to build a vibrant community within the web3 ecosystem. The project's developers and supporters aspire to create an inviting atmosphere for both seasoned crypto enthusiasts and newcomers alike.