Shiba Predator

Overview

Shiba Predator (QOM) is a meme cryptocurrency launched in 2022 as a competitor to Shiba Inu. It operates on the Ethereum blockchain as an ERC-20 token.

Purpose and Utility

The stated purpose of QOM is to create a community-driven token that serves as a medium of exchange and store of value. The project aims to leverage the popularity of meme tokens while building a community-focused ecosystem.

Business Model and Platform

The token operates primarily as a tradable digital asset on various decentralized and centralized exchanges. While initially launched as a meme token, the project has attempted to build additional utility through community governance and potential future decentralized applications.

Development and Adoption

The project maintains basic development activity, primarily focused on community engagement and marketing. The token has achieved listing on several cryptocurrency exchanges, enabling trading functionality.

Token Distribution

The token features a decentralized distribution model, with no pre-mine for developers. The initial liquidity was locked, providing some protection against rug pulls. Trading volume primarily occurs on decentralized exchanges.

Revenue Model

The project does not involve interest-bearing mechanisms, lending, or explicit gambling features. The primary economic activity revolves around trading and holding the token.