ArbDoge is an experiment of the Arbitrum ecosystem. Arbitrum is an Ethereum scaling solution, meaning that it enables the scaling of Ethereum smart contracts. It slashes transaction times on the Ethereum blockchain. AIDOGE is a creation by a group of Arbitrum enthusiasts. A fair distribution announcement for 16 April saw the token draw significant attention from cryptocurrency traders, investors and developers, among other industry players. The news also led to a surge in AIDOGE’s price.
A Bit About ArbDoge AI
AIDOGE is the deflationary token that lets you transact in the ArbDoge ecosystem. Arbitrum community members joined forces to create the meme coin. Since it’s community-owned, the distribution of the token will be fair among everyone. The first stage of the process took place on 16 April 2023. In the Call to Doge campaign, 10% of the coins will go to eligible individuals for free. You must qualify for the ARB Airdrop to qualify for the distribution. If eligible, you can claim tokens by logging into your wallet from the official site. The distribution is on a first-come, first-served basis. Hence, the number of tokens available to claim per user decreases according to the token supply. A quick look at the AIDOGE website gives you an idea of how the token distribution goes. The token’s lifetime, supply is 210,000,000,000,000,000, and the distribution will take 31 days (to end on 5 May 2023). After distribution ends, some of the unclaimed tokens will be burned, while others will serve as incentives for the future ecosystem and long-term supporters.
The innovative AI meme generation tokenCryptoLists.com
Running on Ethereum’s second-layer network, Arbitrum, ArbDoge is a secure token that will make it easy to use AIDOGE applications. The token is available to trade on various cryptocurrency exchanges, including Bitget and DigiFinex. You can increase your share through invitation rewards. If you own ArbDoge, then you can invite friends, as well, by generating a unique link. Invitees must be eligible for Airdrop. You then get 10% of what your invitee claims as a reward. Lucky Drop is one of AIDOGE’s most advertised products. It’s a loyalty scheme that seeks to reward buyers. When you purchase AIDOGE, you get a ticket according to the amount spent. Using an open-source algorithm, the Lucky Pool distributes the rewards accumulated to randomly selected winners. The Airdrop happens every half hour. After a round, the lucky tickets reset to choose another set of winners. Lucky Drop makes up 3% of the token’s transaction volume.
Utility of ArbDoge AI?
Investing in any new crypto asset is a serious decision, which is why you should know what you can do with it first. The following are some reasons to invest in ArbDoge;
Earn – You can get more from your AIDOGE investment by staking the token. The community has set aside 3% of the token’s total volume towards rewarding investors. On the ArbDoge page, you can find the ‘Earn’ option that enables you to collect passive income from your token hold.
Community-driven – AIDOGE is 100% community-owned, which provides a sense of belonging to anyone who holds the asset. Additionally, the developers are passionate about Arbitrum, enabling them to take advantage of the second-layer network. ArbDoge is planning to launch a DAO (decentralised autonomous organisation) soon.
Security – With AIDOGE, users get robust protocols since Arbitrum uses the Ethereum network. Ethereum is considered one of the safest blockchains.
NFTs – Although the option is not available yet as of this writing, AIDOGE will have an NFT series. Holders will be able to use the NFTS for training, creation and production.
Other future applications – Perhaps the most compelling reason to acquire AIDOGE is the future it promises. The network has a line of AI+Web3 products in the works, including AICODE, the AIDOGE Vault and AI Lab, that are looking to contribute to the growth of crypto.
ArbDoge AI Price details
ARB Contract address: 0x09e18590e8f76b6cf471b3cd75fe1a1a9d2b2c2b›› Details & Tokenomics
Advantages of ArbDoge AI
+ The first distribution phase offers AIDOGE tokens for free.+ Holders can qualify for an attractive loyalty program.
+ As an Arbitrum token, ArbDoge AI enjoys the same level of security as ETH.
+ You can stake the token to earn passive income.
+ Enables you to leverage the Arbitrum ecosystem.
Disadvantages
- A 15% burning tax applies to all transactions.- Arb Doge AI is a new token yet to prove its usability.
- Growing Arbitrum popularity is increasing gas fees.
- Although its price increased, it remains a relatively low-value token.
- Many features are still pending on the Arb Doge AI project.
Costs
▪ Rated at 9.5/10How much you pay to transact with AIDOGE depends on how busy the Ethereum network is. The faster you would like to complete a transaction, the more it costs you when the network is serving a high number of users.
Note that when on Arbitrum, you must use the native token for network and gas fees, which, in this case, is ETH. Therefore, you must keep up with Ethereum network fees when using ArbDoge AI.
Another factor to consider is the 15% burning tax for AIDOGE. This tax means you must have a slippage tolerance of at least 20% when transacting with the token to guarantee success. Check out the official website for a breakdown of the burning tax.
Reputation and Buzz
▪ Reputation rated at 8/10▪ Buzz rated at 8.5/10
Meme coins are the hottest products in the crypto world, and ArbDoge is one of the latest offerings on the market. As a fresh token, it’s generating significant buzz as developers and other interested parties rush to see what it offers. Arbitrum has been generating a lot of attention as a second layer of the Ethereum network, and its various tokens are becoming highly sought-after. The announcement of the coin’s initial distribution saw its value surge over 200%. At the time of writing, AIDOGE is worth $0.0…01816.
Even though the token hasn’t had the time to build much of a reputation, it has a promising future, especially with its wide range of products. Unlike most altcoins and tokens, it doesn’t involve team shares or VC institutions. The Arbitrum community is responsible for developing AIDIGE, and all own it 100%.
FAQ
Will NFTs be available?
Yes. The community plans to provide NFTs in the near future. It intends to have NFTs for AI peripheral product development, early participants’ rewards and more.
What is AIDOGE’s transaction tax?
The token comes with a transaction tax of 15%. Therefore, when selling or buying ArbDoge AI, have the slippage at approximately 20% to ensure successful transactions.
Can you use Ethereum to buy AIDOGE?
Of course, you can. After adding ETH to your crypto wallet, you can easily swap it for AIDOGE right on the platform. Depending on the wallet, you can use the browser extension or the mobile app to swap ETH for AIDOGE.
History of ArbDoge AI
April 16 2023 - Phase 1 fair distribution of AIDOGE to eligible people.
April 17 2023 – ArbDoge is listed on more than 10 centralized exchanges.
April 26 2023 - The project raised $105,000 within minutes of the presale going live.
Screenshots from ArbDoge AI
More sites where to buy/sell/trade ArbDoge AI
Below you can see some other platforms, exchanges and/or brokers where you can buy, sell or trade this token. Click on the logo to read our review.
