Son of Doge V2 (SODV2) is a brand-new cryptocurrency on the Binance Smart Chain. Which had its relaunch 4 days ago and has one of the strongest Chinese communities in the space for a project still well within its infancy.
SON OF DOGE V2 first and foremost is a community-driven project with the sole task of protecting the community, this is achieved by providing a safe environment for all. The team behind Son Of Doge v2 aims to innovate the BSC by building a project which provides a safe area for investor research, and a fun, entertaining, and especially rewarding experience for everyone involved.
The project has a solid and loyal base and is preparing to ride the market correction to its core goal. Son of Doge V2 is not playing around, with their single token staking ready to be launched within the next 48 hours and hosted directly on their website. They are already listed on CMC, CoinGecko, and Feixhaou, and are an official partner of Btok, with huge Btok advertising planned for 2022. On top of all of this, they have also booked their Certik Audit, which will be underway this week.
What happened in V1, and why is there a relaunch?
V1 was a huge success, within 48 hours hitting a 100x to reach a 29m Market Cap, however, the founder, designer, publicist, Feixiaohao, and social media manager all left the project which created fear within the community. The remaining team banded together and locked their tokens to maintain trust whilst doing their absolute best to ensure the investors were safe. Once the new developer checked, it was realized that the original contract was ridden with issues that needed addressing. So, the team decided a relaunch with a contract that was created with a thoughtful vision was needed, ensuring easy listing on CEXs as well as many other key features.
What is planned for Son of Doge V2?
The Son of Doge V2 is working to ensure that he leaves a much stronger mark on the world than his father, with utility being at the forefront of his vision. The staking will be live within days of this press release, and that will be a way for all early adopters to earn staking rewards while protecting the chart and ensuring a strong floor is held. With an NFT collection already underway, and NFT staking in the near future, The Son of Doge team will deliver one of the strongest eco-systems that the BSC has ever seen, and huge parts are already in development.
NFT marketplace exchange
SOD plans to have a very rare and exclusive NFT drop that will feature three different tiers, these NFTs will be unique and will enable the holders of the token to purchase them, sell them, or use them in the Son of Doge Decentralized Marketplace, the team plans to launch an Android as well as an IOS app for a better and handy user experience for their investors and users.
Tokenomics
Son of doge v2 charges a nominal transaction tax of 8 percent on every buy and sell which further fuels the marketing and development of the project as apart from the 2 percent from the 8 percent total is used to feed the reflection rewards whereas rest of the 6 percent is used to further the development and marketing of the project.
Staking Explained
SOD has come up with a unique structure to couple reflection rewards with staking, and the holders receive rewards just by holding the token in their wallets which can be further staked to take advantage of the high Annual Percentage Yields.
Are there any risks involved?
As with any new project in its infancy, there are always risks involved. The crypto space is unpredictable and can fluctuate. However, the reason the team has prioritized staking is as a way to protect investors. Staking will ensure that a large percentage of available supply is vested and therefore restrict the chart volatility. This is the reasoning as to why Staking was the first utility in their roadmap, as the Son of Doge is aiming to create a safe place for investors, and will introduce everything they can to ensure this happens. Anyone can buy Son of Doge V2 on Pancakeswap and Poocoin, but be sure to visit their website at www.sonofdogev2.com to find out more information.
Links:
Website: https://sonofdogev2.com/
Telegram: https://t.me/SonOfDogeV2
Twitter: https://twitter.com/SonOfDogeV2