Carl Dawkins Revealed as CEO of New Meme Coin Project Love Hate Inu as Presale Hits $3m
New York, NY
|
April 07, 2023 03:22 PM Eastern Daylight Time
Vote-to-earn meme coin Love Hate Inu ($LHINU) revealed today that the CEO behind this project is none other than famed meme coin creator Carl Dawkins.
Dawkins is a legend in the meme coin community. His last project, Tamadoge ($TAMA), was a meme-infused play-to-earn gaming platform that exploded after launch.
$TAMA shot from an initial presale price of $0.01 to an all-time high of $0.173 – a gain of more than 16x. $TAMA gained 10x from its initial exchange offering to its all-time high.
Asked about his goal for Love Hate Inu, Dawkins says “I'm here to beat the 10x on Tamadoge.”
Love Hate Inu presale is off to a hot start
Based on how the Love Hate Inu presale has gone so far, Dawkins is on track to meet his goal. Love Hate Inu has raised more than $3 million in the first 3 weeks of the presale.
The project has also added more than 32,000 followers on Twitter, a sign of just how mainstream Love Hate Inu is becoming.
Some analysts have called it the best coin to buy today and have suggested it could be the next Dogecoin or Shiba Inu.
Dawkins’ role at the head of the project has surely been part of the reason why Love Hate Inu has been so succesful. “I’m here to bring my skills to the table and develop the community to the next level,” he says.
The presale is now in Stage 4 out of 8 and $LHINU is priced at $0.000105. There are only a few days left before the price increases again, so investors still sitting on the fence don’t have much time to lock in the current price.
Creating a fair and transparent voting platform for Web3
Love Hate Inu is a meme coin at heart, but it’s far from a Tamadoge imitator.
“I’m really pleased that Tamadoge is delivering on its roadmap in deadly serious fashion, if I can put it that way,” says Dawkins. “But Love Hate Inu is obviously a very different coin and project, so it stands on its own two feet, and isn’t simply riding on the back of Tamadoge.”
In fact, Love Hate Inu is solving one of the biggest challenges in Web3: how to create a voting system that’s fair for users.
Currently, most voting on blockchains takes place within decentralized autonomous organizations (DAOs). But Dawkins points out that he doesn’t “like DAOs because it is always the biggest wallet that wins.
“With Love Hate Inu, we are bringing fairness to voting systems.”
In Love Hate Inu, users who hold $LHINU tokens can stake them for 30 days to vote in polls. Voting power is determined by the amount of $LHINU users stake, not the total size of their holdings.
This makes voting more fair and representative of the community, while limiting the ability of large investors to unduly influence outcomes. It also prevents bots from spamming Love Hate Inu surveys with fake votes.
As Dawkins puts it, “Love Hate Inu has the serious side to it – trying to bring legitimacy to online voting through applying Web3, after seeing so many bots used on Twitter etc – while also having the playful side of it being an Inu coin and the community engagement that comes with that.”
Disrupting the $3.2 billion survey industry
Love Hate Inu may be cute and funny, but it’s also taking direct aim at the $3.2 billion online survey industry. The platform’s new vote-to-earn technology incentivizes $LHINU token holders to participate in polls in a way that simply isn’t possible on legacy platforms.
Importantly, Love Hate Inu is built with utility in mind from the start. That sets it apart from past meme projects like Shiba Inu, which is trying to add functionality only after going viral.
“We want to exploit the meme edge,” says Dawkins, “but at the same time show that this is a deadly serious project with a money-making vision we think can make it a stand-out product in the Web3 space, and a serious challenger to the legacy industry.”
With that in mind, the Love Hate Inu team is already thinking about how to bring in revenue for the ecosystem. It’s planning to develop partnerships with major brands to enable them to create custom polls and engage the Love Hate Inu community. These brands can even offer their own vote-to-earn rewards, such as custom tokens or NFTs.
Down the road, Love Hate Inu also has the potential to integrate into major metaverse platforms. Dawkins’ hope is that Love Hate Inu will become the go-to survey platform for emerging Web3 apps.
“We are now ready to go full guns blazing to show the community the work that’s been going on by demonstrating the real-world use case for the Love Hate Inu platform,” says Dawkins.
Love Hate Inu presale offers 90% of $LHINU token supply
One especially notable feature of the Love Hate Inu presale is that up to 90% of the total $LHINU token supply is being made available to investors.
This is unique within the crypto presale landscape and reflects the fairness and transparency that’s so key to Love Hate Inu.
Since early investors will own 90% of the token supply, there’s very little chance of a rug pull. There’s no profit for the project team unless they deliver on the promise of Love Hate.
This presale model also makes investing in one of the most promising crypto projects more democratic. Anyone can invest in the Love Hate Inu presale without restrictions on how they can use their money.
As the project gets closer to launch, investors could potentially see significant gains from $LHINU. The expected initial exchange offering price of $0.000145 represents a 70% gain from the token’s initial price of $0.000085.
Investors who buy today stand to earn paper gains of 38% when $LHINU lists on major exchanges.
Even better, there’s no vesting period for the $LHINU token. This means that presale investors will receive 100% of their tokens before the initial exchange offering.
Investors can buy Love Hate Inu during the presale with ETH, BNB, or USDT.
Love Hate Inu was already one of the most exciting Web3 projects of the year. Now, with Dawkins at its head, investors can feel confident that this meme coin could be headed to the moon.
Twitter | Telegram | Telegram Announcement | Instagram | Discord
DISCLAIMER: This is not to be taken as investment advice. Crypto is a volatile asset, do your own research before investing and only invest money you can afford to lose. We may receive commission for clicking links in this article.
Contact Details
Finance News
Alex Brown
