Robo Inu is one of those tokens that has been on my tokens to review list, forever. I got introduced to the token a few months ago, although, it hasn’t appeared on trends, and charts, many meme coin investors, on Reddit, are tipping it to go parabolic this year. You can see some of the comments.
Are all these comments true? Let us find that out ourselves. Hence, this Robo Inu review is for those who are looking to invest in legit meme coins, those who are just curious about Robo inu, and those who perhaps have already invested in the project.
Before we begin, you and I need to establish an understanding. “I’m not a banker or a financial expert. I will not be held responsible for your financial decision. This article is just a guide. See it as entertainment.”
So, What is Robo Inu?
According to coin market cap.com, Robo Inu is a new crypto coin birthed by people who work in research and science community. Robo Inu Finance (RBIF) was inspired by the idea that NASA’s Robotic Dogs may soon be heading to Mars.
Coin market cap went further to explain that, Robo Inu Finance is a community-driven token on ERC20. Let’s go on to evaluate Robo Inu’s website.
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Robo Inu’s Website
Robo Inu’s website is well designed. The website is SSL secure and optimized for various mobile viewports. The description begins with what we already know from coin market cap.
We find out that Robo Inu claims to conceived by scientists and former Google developers. The project aims to create an open ecosystem where anyone, anywhere can gain financial freedom. Beyond individuals, Robo Inu envision companies leveraging AI to enhance people’s lives.
Through the website, we find out that the project is working on three major projects. The first project is a robowallet for holders to store, track and manage their cryptocurrency. The second project is a launchpad, an incubator for new crypto projects. The last is a RoboNFT Marketplace, a platform for daily auctions of NFTs.
For a token that claims to have ex google devs and researchers, these ‘utilities’ are underwhelming and pedestrian, if you ask me. This is because many meme projects like Robo Inu, already have these features. That said, let us get into Robo Inu’s tokenomics.
Robo Inu’s Tokenomics
Robo Inu has a total supply of 100 quadrillion. 40% of the total supply was initially burnt. Leaving 60% in circulation.
Like many tokens, Robo Inu adopts a tax system. According to the website, this tax is to fuel the growth of the ROBO INU FINANCE ecosystem, a small tax percentage is collected for every $RBIF buy and sell transaction. However, unlike many tokens, It is important to know that the buy and sell tax in Robo Inu is different. On every buy, investors pay a 4% tax. On every sell, investors pay a 10% tax. These taxes are low, compared to other tokens. This shows that the developers are not exploitative.
Robo Inu On Token Sniffer
On tokensniffer, Robo Inu’s contract is rated 100%. You do not see that often.
Everything about Robo Inu’s contract is on point and in order. The token has been renounced. The token’s liquidity is locked for 1,369 days. The contract is original, the creators do not have any special permission, etc. The positive around this project is satisfying. These positives signal that Robo Inu token is extremely safe to invest in.
Developers Behind Robo Inu
The developers behind this Robo Inu token are nameless and faceless. Ordinarily, this would have been a red flag. However, the contract is safe as seen through token sniffer. Another line of thought is whether this faceless team has the necessary experience and expertise to pull off the projects and market the token. Because we do not know who is behind the token, we can not tell.
In conclusion, Robo inu is a legit token, in my opinion. One of the most interesting things about this project is the fact that the token has just 2500 holders and a market cap of around $30,617,486, at the time of writing this review. This means that the holders of this token are investing massively in the project. These shows belief and confidence in the potential of this token. The only draw back with this project is the fact the marketing is seemingly poor. The token was launched 90+ days ago and the holder’s count is still very small. For this token to hit major height this year, its marketing has to improve. The community is growing and bullish about it.
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