What is Dogeship Token?

6 min readDec 24, 2021

Doegship Token offers everyday Netizens with direct exposure to one of the most deflationary token distribution models. It ensures the long term sustainability of its token price, with the sole purpose of benefiting the community and its stakeholders.

Passive & Affordable Utility

By purchasing Dogeship Tokens, you automatically participate in web 3.0’s exciting world of DeFi, bringing new and meaningful opportunities to access services normally reserved for the affluent and wealthy. For the first time in history, anyone with a smart phone and internet connection can start accumulating passive income with Dogeship Token for as little as $1.

Reward Mechanism

We’ve made it simple as possible for you to earn rewards in BNB by simply ‘hodling’ onto your Doge Ship tokens. So there is no need for staking, claiming or engaging in risky farming activities which can be confusing to navigate. The distribution of rewards are made periodically upon the release threshold being met.

Deflationary Mechanism

To ensure the Dogeship token remains deflationary by design, 3% of all transactions are burnt and sent to a dead wallet, effectively reducing the circulating supply and rewarding long term holders. This ensures the token price’s near-term growth and long-term sustainability.

Liquidity Mechanism

Our smart contract is programmed to lock away 3% of all transactions on Pancakeswap to ensure constant liquidity is being added to the pool. This means you will never experience liquidity issues allowing you to swap your tokens with ease 24/7.

Philanthropy Mechanism

In pursuit of our community vision to create positive real-world impacts, 3% of all transactions are allocated to charities which the community helps to vote on which organisations to fund.

The Year of the Meme Coin

2021 saw a huge growth in the creation and adoption of meme coins, thanks mainly due to the success of Dogecoin and Shiba Inu. Both projects experienced exponential increases in both their respective token price and market caps in part due a bullish year where the price of Bitcoin, the mother of all cryptocurrencies, rose from $25,000 to a peak of around $70,000 in early November.

With Dogecoin and Shiba Inu being the exception, most other meme coins, often created by scrupulous operators, all lack one major thing in common, utility.

Whilst the notion of being part of an exciting community with like-minded people may seem appealing, a token without utility is the same as trying to play your favourite card game with a deck of blank cards. It’s simply not possible.

In addition, with a new meme coin being launched every hour, it’s virtually impossible to distinguish between genuine projects and out right scams. What’s more disturbing is the fact that almost everyone reading this will know a friend or colleague who fell victim to a scam within the past 12 months.

The reason behind the creation of Dogeship Token

Having been victim to sophisticated scams ourselves, ranging from Metamask wallets being raided for over 6 figures to helplessly watching on as hackers make off with precious Axies out of a Ronin wallet, investing in an IDO or new token only to realise that it’s a rug pull, the parallels of this universe aligned perfectly when two friends who met at university over 2 decades ago began discussing their financial and mental sufferings due to recent scams they had encountered.

Rather than choosing to be simply victims, the pair discussed ways in which they could balance out some of the bad in this world into good by addressing the issues which were identified as real world “areas of concern”.

In no specific order, the key issues which were identified which we seek to address with the growing support of our community are:

Rapidly Declining Value Of Flat Currency And Hyperinflation

This is due to the unprecedented levels of quantitative easing by all the major central banks a.k.a money printing. Dogeship Token is programmed to remain deflationary as community adoption grows and will never exceed the fixed supply cap of tokens minted.

Widening Gap Of Wealth Inequality

Current economic conditions mainly favour the wealthy, further dividing the middle class into upper and lower tiers. We as a community can create our own luck and ultimate wealth by remaining informed and vigilant.

Increasing Numbers Of Mental Health Issues

Since the 2020 Coronavirus outbreak, there’s been an unprecedented rise in the number of youths and adults experiencing mental health issues and we aim to establish a global outreach program which offers counselling and support services and will initially support existing agencies wherever possible via the 3% allocation to support this cause.

Preventing crypto-related fraud

We hate scams as much as you do. Unfortunately, the cryptocurrency space is much like the Wild West during the nineteenth century gold rush, where many joined forces to seek their fortunes. It draws the attention of criminals and those who seek to benefit in deceitful and unlawful ways. To help keep our community members safe, we will be establishing the “Wall of Shame” where community members are encouraged to “name and shame” fraudulent websites to help keep the community and each other safe.

Doge Ship token community members will be given access to insightful information and training in order to avoid becoming victims of crypto-related scams.

Together, we can make positive change.

Deflationary Tokenomics

Dogeship Token was specifically designed to eliminate the guesswork out of hunting for the next gem. We have a long-term and sustainable token distribution model which protects the current value via the built-in burn mechanism as well as the periodic removal of tokens from circulation upon reaching specific milestones.

Total supply: 8,000,000,000,000 tokens

Airdrop & Launch Promotion (1%): 80,000,000,000 tokens
(No-vesting period)

Initial Burn (33%): 3,200,000,000,000 tokens

Marketing (3%): 240,000,000,000 tokens
(Liquidity Locked 30 days)

Team (15%): 1,200,000,000,000 tokens
(Liquidity Locked 90 days)

Development (3%): 240,000,000,000 tokens
(Liquidity Locked 30 days)

Philanthropy (3%): 240,000,000,000 tokens
(No-vesting)

Buy/Sell Tax: 12%
- 3% Rewards in BNB
- 3% Added to Liquidity
- 3% Burnt Forever
- 3% Community-Voted Philanthropy

ROADMAP

Phase 1

1,000 members

Phase 2

5,000 members

Phase 3

10,000 members

Phase 4

Second 30% of Allocated Marketing Spend to Raise Community Awareness (Offline & Online) | Announce Official Commercial Partnerships | SUPRISE ANNOUNCEMENT — *Hint — Space Exploration* | Cex Listing | Token Burning Event 3% of remaining supply

50,000 members

SPECIAL ANNOUNCEMENTS

During Phase 3, we will be making a special announcement regarding an exciting integration in relation to the Metaverse so stay informed via our social media platforms which are attended to by friendly CM’s 24/7.

During Phase 4, we will be releasing details on how to participate in the Space Race lottery where we will be sending one lucky member into Orbital Space. Stay connected via Twitter, Telegram and Discord to ensure you never miss out on exclusive promotions and offers only available to Dogeship community members.

Last but not least, during Phase 4, we will be revealing the identities of the entire team during our first community AMA as we prepare for our first Cex Listing. We believe this will solidify the ongoing trust of the team and will set up the wider community to deliver greater positive impacts for many years to come.

Website: https://dogeshiptoken.io

Twitter: https://twitter.com/dogeshiptoken

Telegram: https://t.me/DogeShipToken_Official

Discord: https://discord.gg/FwaJVJA89W

Email: hello@dogeshiptoken.io

What is Dogeship Token?

The Year of the Meme Coin

The reason behind the creation of Dogeship Token

Deflationary Tokenomics

ROADMAP

Written by Doge Ship Token