Project Overview: Volt Inu

Project Overview: Volt Inu

Project Overview: Volt Inu

The crypto world is filled with dog-themed coins. One of them has even managed to enter the top 10 most valuable cryptocurrencies by market cap. Despite this, the primary issue with these coins is that most of them are created as memes or jokes and bring no real value to the Web3 world.

Now imagine a combination of real-world value and memecoin popularity. Such a project would gather all the most essential advantages from both worlds and create a unique experience for crypto enthusiasts.

Let’s dive into one of the most ambitious illustrations of that combination. Meet Volt Inu, the company that’s about to take dog-themed coins to a whole another level!

Main Takeaways

  • Over 100k people hold $VOLT, while the project aims for 250k by the end of stage 5 of their roadmap
  • Volt Inu is available on 3 biggest blockchains in the world: Ethereum, Binance Smart Chain, and Polygon
  • The project is taking other the Game-Fi industry with 2 (more to come) P2E games, one of them involving their NFT collection
  • The project allows all holders to generate passive income through the fractionalization of NFTs

What is Volt Inu?

Aimed at becoming a one-stop shop offering DeFi products, the Volt Inu ecosystem is constantly evolving, bringing new products into the world of decentralized finance.

From VoltiChange, a decentralized exchange that allows projects to get listed freely and permissionless and makes them deflationary by burning their supply, to the VoltiCard, a physical/virtual Debit Card that allows users to spend cryptocurrencies for everyday purchases seamlessly, Volt Inu is covering all the most critical needs of a person that’s using DeFi to finance his life.

This huge ecosystem is powered by a hyper-deflationary token aiming to invest in multiple asset classes such as NFTs, nodes, altcoins, staking, and farming of stablecoins. The profit from these investments is directed towards the buyback and burn of $VOLT to keep its hyper-deflationary status.

What Makes Volt Unique?

  • An individual token structure that uses all the profits made on treasury investments to burn $VOLT
  • Partnerships with multiple worldwide companies that allow $VOLT holders to buy real-world goods
  • A unique NFT collection that gives access to gaming integrations and exclusive rights and revenues
  • The ability of businesses and charities to get paid with $VOLT through a non-custodial service that features a wide variety of tools

Existing Products

Launched in 2021, Volt Inu has already developed a wide variety of decentralized products and services for its community. Let’s analyze the most important ones

VoltiChange

VoltiChange is the first deflationary DEX in the world. It allows projects to get listed in a free and permissionless way and makes them become deflationary by burning their supply. This means that every time you trade, there’s a 0.25% fee burning your supply.

The decentralized exchange also supplies a fully customizable widget for all the projects that want it on their website and requires no liquidity. Perfect, isn’t it?!

VoltiGames

While this product is expanding through newer partnerships in Game-Fi, Volt Inu has already rolled out two significant games. The first one, the P2E Racer, is a great way for the Volt Army to earn some $VOLT and win some monthly rewards.

The second one is related to another Volt Inu project, the VDSC. The VDSC Battle Royale is a multiplayer battle royale shooter that features real-world NFTs from Volt’s collection. Hence, you need to mint a VDSC NFT before downloading the game.

VoltiCard

The power of DeFi is at your fingertips with the VoltiCard. This Visa-powered Debit card allows you to spend crypto with your day-to-day purchases. You can send up to 6 cryptocurrencies, including Bitcoin, Ethereum, and some stablecoins,  from your wallet directly to your physical or virtual card.

Tokenomics

Originally, Volt Inu launched the V1 version of its token, with a supply of 6900 quintillions $VOLT. However, the vast amount of $VOLT made it difficult to list on centralized exchanges. To address this issue, Volt Inu migrated all V1 tokens to V2 by dividing the total supply by 1 billion. The migration process was automatic, with token holders receiving V2 tokens in exchange for their V1 tokens.

After the migration, the supply of Volt V2 became 69 Trillion, a number a lot easier to display for most CEXs. However, as $VOLT is a hyper-deflationary token, its supply constantly decreases.

On the Ethereum blockchain, Volt Inu rewards users 1% for adding VOLT to their wallets and 2% for providing liquidity on Ethereum. For each transaction, 2% of the tokens are automatically burned, 4% are allocated to token marketing and development, and 4% are returned to the Treasury to contribute to the repurchase and burn mechanism.

On the Binance blockchain, users are also rewarded 1% for adding VOLT to their wallets. However, the 2% liquidity allocation is transferred to the automatic burn mechanism, and 4% of the tokens are automatically burned instead. The remaining percentages remain the same, with 4% allocated for marketing and development purposes and 4% going back to the Treasury.

On the newly added Polygon blockchain, the percentages are the same as on Ethereum. Nothing changes.

Token Overview & Use Cases

Of course, the primary usage of $VOLT is the investments made by the treasury. All the profits from these investments are used to repurchase $VOLT and burn it, raising the price for the remaining supply of tokens. However, this is not the only place where $VOLT is actively used. Here are the most important use cases of $VOLT:

  • You need to hold at least 200M $VOLT on any supported blockchain in order to be eligible for requesting and using the crypto VoltiCard
  • $VOLT holders can buy real-world goods from more than 1,7k sellers worldwide through a Crypto Cart partnership. Moreover, it makes it possible to use $VOLT for payments and avoid undergoing any KYC procedures to make a purchase
  • Through a partnership with NOWPayments, a wide variety of businesses and individuals will be able to integrate $VOLT payments and donations
  • Without holding $VOLT, you can’t be a part of Volt Inu’s NFT ecosystem. All the NFTs are linked to VOLT, as the token is the primary means of payment

Roadmap & Updates

Volt Inu has completed an immense amount of milestones written in their roadmap. From the stealth and fair launch in stage 1 to getting 50,000 holders in stage 4, the team has achieved all its goals and ambitions so far. Here’s the roadmap itself:

Current Roadmap

While the team has achieved a lot, there’s still a lot of work to do. Volt Inu still has to deploy four main Volt products: VoltiFlex, VoltiShop, VoltiSoft, and VoltiEco. Besides that, there are some numeric milestones to achieve, particularly 250,000 holders and 250,000 Twitter followers.

Talking about $VOLT, it is still not present on some top 10 CEXs like Binance. Thus, the team will work on adding it to 3 top 10 CEXs at this point. And, of course, how can a hyper-declinatory token exist without a $1M burn at an ATH price?

Community

Twitter – 156k

Telegram – 38k

Facebook – 3.8k

Instagram – 2.6k

YouTube – 1.38k

Discord – 1k

Closing Thoughts

Overall, Volt Inu is an excellent DeFi project that will definitely make some waves in the Web3 world. Their approach to solving problems other crypto projects encounter is different, making them not just another dog-themed coin on the market.

The originality behind the supercharged dog, coupled with an excellent starting point, can torpedo the project right in the top Web3 companies. Only time will tell, but for now, the Volted token is electrifying the industry!

Disclaimer

NOT FINANCIAL ADVICE: The information provided on this website is for informational purposes only and should not be considered financial or investment advice. It is not a recommendation to buy, sell, or hold any security or investment.

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