Kriptoks

Chihiro Inu (CHIRO) is a next-generation GameFi ecosystem based on blockchain technology that aims to revolutionize the gaming industry. The network has developed a decentralized autonomous organization (DAO) that merges blockchain technology with gaming, allowing gamers to have more control over the development of games and the assets they acquire through gameplay. CHIRO is a token on Ethereum and Matic networks that offers users unique features, including NFT technology and a deflationary token model.

The platform has created an in-house built NFT marketplace that enables gamers to make their in-game objects unique and give them properties that offer real value. Players can exchange and trade these items with other players, making the gaming experience more interactive and engaging. The asset aims to create its own game franchise called 'Portal of Destiny (POD)' and is leveraging partnerships, VR (virtual reality) technology, and eventually moving its gaming franchise onto its own unique metaverse.

According to the platform's whitepaper, CHIRO aims to address the lack of good game graphics and mechanics and game economics that offer players ownership of the assets they acquire through gameplay. The network also observed that gamers have no say in the gaming policies, and the company behind the game makes all the decisions. Therefore, Chihiro Inu aims to introduce a modern take on P2E (play-to-earn) gaming by introducing in-house developed DAO and blockchain technology such as NFTs.

CHIRO has developed a launchpad to bring value to traders and attract valuable projects. This launchpad aims to be a one-stop place for game launches and projects, benefiting both developers and financiers. Developers can benefit from its existing custom-built contracts and pre-built services, such as NFT marketplaces, while traders can expect to get early access to launchpad features and projects. Additionally, the platform allows users to vote on proposals and create new governance proposals using its DAO.

To increase the token's market value, the platform has burned 12 percent of the total supply initially, making the supply scarcer over time. Additionally, CHIRO imposes a 10 percent tax on trade on decentralized exchanges, with the tax going towards marketing (5 percent), development (2 percent), liquidity (2 percent), and redistribution (1 percent). Moreover, 1 percent of redistribution tax is burned with each transaction, making CHIRO a deflationary token model.

Chihiro Inu released its ecosystem and launchpad in 2021, as well as its whitepaper and NFT marketplace, showcasing the platform's commitment to revolutionizing the gaming industry through blockchain technology. The platform's innovative approach to gaming has attracted many investors, gamers, and developers, making CHIRO a promising asset for the future of the gaming industry.