DogDump- About
- White Paper
- Roadmap
- Tokenomics
- Change wallet
Whitepaper: DogDump
Abstract
DogDump is a deflationary cryptocurrency directly linked to the price movements of Dogecoin. By harnessing the power deflationary mechanics, DogDump offers investors a unique opportunity to participate in a token ecosystem that benefits from the popularity and volatility of Dogecoin while providing a hedge for Dogecoin investors.
Introduction
DogDump is a deflationary token designed to provide investors with a novel approach to participating in the cryptocurrency market. By linking its value to the price movements of Dogecoin, DogDump offers a unique value proposition that appeals to both investors seeking deflationary assets and Dogecoin enthusiasts looking for additional investment opportunities.
About DogDump
DogDump is redefining the concept of deflationary tokens by introducing a mechanism directly linked to the price movements of Dogecoin. Unlike traditional tokens, where supply remains constant or increases over time, DogDump's token supply undergoes regular reductions based on the price fluctuations of Dogecoin. This deflationary model ensures that the token becomes scarcer over time, potentially increasing its value and providing benefits to investors.
The Benefits of a Deflationary Token
DogDump's deflationary nature offers several benefits to investors:
- Supply Reduction: Harnessing the power of AI, the smart contract for DogDump will check the price movement of Dogecoin every 24 hours. A portion of DogDump's token supply will be burned if the daily close of Dogecoin is red. This supply reduction mechanism decreases the total supply of DogDump tokens, making each remaining token more valuable.
- Value Preservation: By decreasing the token supply over time, DogDump aims to preserve the value of its tokens and potentially increase their value relative to other assets. This deflationary aspect may appeal to investors seeking assets with long-term value preservation properties.
- Hedge for Dogecoin Investors: As DogDump's value is directly linked to the price movements of Dogecoin, it can serve as a hedge for Dogecoin investors seeking to diversify their portfolios. In times of volatility or uncertainty in the Dogecoin market, DogDump offers an alternative investment option with its own unique deflationary mechanics.
- Endless Memes: As DogDump joins the galaxy of doggy memecoins it's very nature offers endless potential for memes and viral, community generated content. DogDump is truly the first and only shit coin.
Burn Model: Mechanism & 10 Year Forecast
It is estimated that over 50% of the DogDump burn wallet will be burned over the next 2 years*.It is written into the logic of DogDump to check the price action of Dogecoin every 24 hours, after each daily close. Using the power of AI, if Dogecoin has a red day, 0.2% of the treasury supply will be automatically burned. If Dogecoin has a green day (booo!) nothing happens. The supply will never increase, only reduce. This burn mechanism is built into DogDump from day 1 and is automatic and irreversible. What starts as a fun and novel way to proactively shit on the first dog meme will overtime reduce supply by such a significant volume, driving demand and potentially astronomical upward price movement. The model below is based on 180 ‘red-days’ per annum, it shows the rate at which we expect DogDump will auto-burn the Burn Wallet tokens.
| % Burned of Circ Supply | % Burned of Burn Wallet | Burn Wallet Remaining | Total Supply Remaining | |
|---|---|---|---|---|
| Year 1 | 12.10% | 30.26% | 69.74% | 87.90% |
| Year 2 | 8.44% | 21.10% | 48.64% | 79.46% |
| Year 3 | 5.89% | 14.72% | 33.92% | 73.57% |
| Year 4 | 4.11% | 10.26% | 23.66% | 69.46% |
| Year 5 | 2.86% | 7.16% | 16.50% | 66.60% |
| Year 6 | 2.00% | 4.99% | 11.51% | 64.60% |
| Year 7 | 1.39% | 3.48% | 8.03% | 63.21% |
| Year 8 | 0.97% | 2.43% | 5.60% | 62.24% |
| Year 9 | 0.68% | 1.69% | 3.90% | 61.56% |
| Year 10 | 0.47% | 1.18% | 2.72% | 61.09% |
*Based on an expectation of circa 180 ‘red-days’ per annun. A ‘red-day’ is defined as Dogecoin closing a given day negatively.
Roadmap: Paving the Path to Success
DogDump's roadmap focuses on establishing itself as a leading deflationary token directly linked to Dogecoin's price movements.
Key milestones include:
- Presale: : Ensuring a fair and transparent distribution of tokens while raising awareness of DogDump's unique value proposition. Presale tokens will be offered at a significant discount, incentivising OG holders and early investors.
- Marketing: DogDump is a memecoin, the ultimate shitcoin you could say, but it’s not just any shitcoin. With an innovative USP and a 6-figure marketing budget staggered strategically across different phases. This shit will make a stink.
- DEX Launch on Raydium, Jupiter and similar: Listing DogDump on decentralized exchanges to provide liquidity and accessibility to investors worldwide.
- Community Engagement: Building a strong and supportive community of DogDumpers and enthusiasts who believe in DogDump's vision and potential. The DogDump team has a long term vision of giving back to the dog shelter community when the project can sustain charity initiatives.
Tokenomics: Fueling Growth and Sustainability
Token Allocation
Presale: 25.00% (250,000,000,000 tokens)
The presale phase constitutes a significant portion of the initial token distribution, fostering an equitable entry point for early supporters and investors. This allocation will empower those who believe in the vision of DogDump and want to actively participate in its journey from the outset.
Marketing: 10.00% (100,000,000,000 tokens)
Key to DogDump's future success will be a comprehensive growth marketing campaign designed to target active meme coin traders and attract long-term supporters. DogDump will be seen on all the major crypto traffic platforms that matter.
Burn Wallet: 40.00% (400,000,000,000 tokens)
This wallet has two functions; To hold and to burn. This reserve is locked and it will never be accessed for any reason, other than to auto-burn tokens. The size of the reserve will gradually reduce over time as the impact of the auto-burn mechanism is felt.
DEX Liquidity: 20.00% (200,000,000,000 tokens)
Recognizing the importance of liquidity for a thriving ecosystem, DogDump allocates a portion of its tokens to provide liquidity on decentralized exchanges. This initiative enhances the trading experience, supports price stability, and ensures smoother market operations.
DEV Wallet: 5.00% (50,000,000,000 tokens)
To ensure the long term stability of the project, cover on-going maintenance and infrastructure costs and associated costs required to host and power the auto-burn functionality.
Conclusion
DogDump represents a new era in deflationary meme tokens, offering investors a unique opportunity to participate in a token ecosystem directly linked to the price movements of the most famous meme coin.
With its deflationary mechanics and potential benefits as a hedge for Dogecoin investors, DogDump aims to carve a niche for itself in the cryptocurrency market as a valuable and innovative asset.