Santa Inu Launch on Erc

Santainuerc
2 min readNov 3, 2022

The intention of this coin is to embrace the spirit of Christmas and the theme around giving. Christmas is the most celebrated and universally recognized holiday in the world, and we intend to symbolize this celebration in the crypto world with Santa Inu.

Taxes will be 5 percent both ways.
1% liquidity
3% marketing
1% Christmas gifts (this will be explained right below)

Tis the season of giving!

The concept of giving gifts during the holiday was inspired by men who brought gifts to honor the birth of Jesus. We intend to do the same, except honor our holders in return. The taxes associated with Christmas gifts will be given to a portion of our hodlers every 5 days as long as they hold the minimum required of Santa Inu tokens.

So how this works is, let’s say we generate around 200k in volume for 5 days consecutively. This would equate to about $20000 in the Christmas gift bracket. And say we have 400 holders at the time. That $20000 will then be distributed to around 5–15 percent of the holders at random, lets say in this case 50 holders. $20000/50 = $400. 50 holders at random would be rewarded with 400 dollars each deposited directly into their wallet in Eth.

The only requirements needed to be eligible for this prize is simple, to HODL for those 5 days all while holding the minimum amount of tokens required. In this first week, we’ll make the minimum token amount to be equivalent to around $100 worth of Santa Inu tokens.

Our goal is to continuously increase the value of Santa Inu tokens as well as the volume and holders so that by Christmas time, we could be averaging a million dollars a day in volume. Hence, increasing the gift bracket to about $100000 in giveaways to holders every 5 days!

This won’t be the only feature to revolve around our token. Eventually we want to bring forward more giveaways at random, jackpots, and nft styled scratch cards upon a platform to keep our holders engaged and excited as future utilities. We hope you can join us in our future endeavors as a holder in Santa Inu!

Ca: 0xD1B529d62Dc147F41185384C2E646434B62C3Dc0
Keep an eye out, all socials will be established in the coming weeks along with a heavy marketing campaign.

https://www.bloomberg.com/press-releases/2022-11-04//santa-inu-is-all-set-to-give-life-to-the-spirit-of-christmas-by-offering-alluring-giveaways

https://apnews.com/press-release/globe-newswire/technology-business-christmas-e84d67641cab36b41ac11f4a7a00d57c

https://www.marketwatch.com/press-release/santa-inu-is-all-set-to-give-life-to-the-spirit-of-christmas-by-offering-alluring-giveaways-2022-11-03?mod=search_headline

https://finance.yahoo.com/news/santa-inu-set-life-spirit-000000433.html?.tsrc=fin-srch

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