By This New Project Is Going Viral for Combining Social Media With Crypto – How Does It Work?
A good crypto project seeks to capitalize on opportunities by employing blockchain technology to solve issues. Any project’s success, though, mostly rests on how unique its idea is and how much creativity the team can provide.
Love Hate Inu, a brand-new vote-to-earn meme coin with useful use cases that enable holders to earn recurring rewards over the long term, is one project that has already attracted the interest of investors.
This project has a lot of potentials to become the next meme cryptocurrency to go viral because it is a meme coin with functionality.
Investors’ responses have been amazing, and the project has reached a milestone by raising over $1.17 million in presale so far.
A Crypto-Fueled Initiative That Blends With Social Media
The crypto community is quite familiar with the concept of voting to earn input. The same idea underlies DAOs, or decentralized autonomous organizations. However, Love Hate Inu has managed to add an incentive component to their product.
This is in addition to developing a project that can be used to address issues on social media using blockchain technology.
The incentive factor is what’s driving the current popularity of most crypto initiatives these days. Everyone is searching for projects that not only have a great idea but also allow them to make passive income. It is commendable that Love Hate Inu was able to incorporate such a component into its ecosystem successfully.
Every week, events take place in the world that polarizes opinion. Trolls, actors on the payroll, and bots abound on social media. Here, decisions can be made irrevocably, and the resulting memes can be created.
In 2023, the survey market is worth about $3.2 billion, and Love Hate Inu will be its biggest disruptor.
Love Hate Inu will play an important part in establishing a channel for communities, organizations, or even institutions of authority to gather data fairly and methodically.
The project’s goal is to give individuals a place to gather and cast their votes on the most important subjects. Users will have access to a platform to express their opinions on various topics. This includes politics, entertainment, social issues, and various controversial figures like Kim Jung Un, Andrew Tate, Elon Musk, and so on.
Here, the users will become members of a group that airs their opinions without fear of backlash while earning rewards.
This might seem excessive for a meme coin. However, it’s crucial to remember that despite having similar beginnings, other meme projects like Dogecoin, Shiba Inu, and Tamadoge all went on to make enormous returns for their backers.
Vote and Earn
The blockchain-based Love Hate Inu voting system makes sure that the process is impartial, open, and safe.
There are many aspects of Love Hate Inu that investors will appreciate, in addition to the fact that it was developed on the Ethereum blockchain, which offers the dApp architecture along with the metaverse.
The user interface allows users to vote in real-time and receive rewards for doing so by connecting their wallets.
There is also the vote submission platform, where interested parties can propose fresh questions for the community to consider.
Furthermore, the management dashboard allows the developers to check that all active votes are carried out in a way that safeguards the community.
Users can take part in the most recent surveys and earn tokens for voting by staking LHINU tokens. Aside from that, the voting process is both verifiable and anonymous — thanks to a staking mechanism secured by smart contracts that prevent manipulation and spam.
The project developers want to create a transparent process. Therefore, 90% of the LHINU supply will be sold during the presale to ensure that the community owns the majority of the tokens. The other 10% is kept for community awards, listing costs, and liquidity.
LHINU: The Number 1 Vote-to-Earn Crypto
Love Hate Inu is still in the presale stage, and it’s selling for $0.00009 per token at the time of writing.
Investors can buy Love Hate Inu using ETH or USDT (Tether stablecoin). If those cryptos are available in users’ wallets, they can buy them directly on the site with a card and pay for their LHINU.
The project has hit it big with early investors, raising more than $1.17 million in its ongoing presale just a few weeks after launch.
Visit Love Hate Inu Here
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com
