Love Hate Inu (LHINU), a new meme coin that lets users vote on the biggest internet issues of the day, has raised more than $1 million during its ongoing token presale.
This exciting Web3 project enables token holders to vote ‘love’ or ‘hate’ on a person, topic, or idea. A revolutionary vote-to-earn mechanism rewards users who cast a vote with additional LHINU tokens.
Love Hate Inu’s presale has been off to a red-hot start. The project raised more than $100,000 in less than 24 hours after the presale launched. It took only 10 days to reach the $1 million milestone. Love Hate Inu’s presale is now in Stage 2 and has a total funding goal of just over $10 million.
Polling the Internet on the Day’s Biggest Topics
Love Hate Inu enables its community to vote on the biggest topics of the day. All polls are binary, offering users a simple choice of ‘love’ or ‘hate.’
Users can vote on whether Elon Musk is a genius or a madman, whether Donald Trump should be voted US president again in 2024, or whether crypto regulation is good or bad for the industry.
Polls will not only cover pressing issues, but also light hearted topics that are perfect for creating new memes.
At first, the Love Hate Inu development team will create new polls. However, the project plans to turn over poll creation to the community by the end of 2023. Users will be able to propose their own polls, and the community will decide which surveys to proceed with.
Love Hate Inu is developing a survey dashboard to help users keep track of open polls, manage their LHINU balances and voting power, and cast their votes.
Vote-to-earn System Rewards Users
The vote-to-earn system that underlies Love Hate Inu is undoubtedly a key reason for the project’s success. Love Hate Inu squarely targets the online survey industry, which is currently worth $3 billion and is expected to double in value to $6 billion by 2027.
When users cast votes with Love Hate Inu, they earn rewards. These rewards can be additional LHINU tokens, NFTs, or even other tokens.
The ability to offer different rewards for different polls enables Love Hate Inu to partner with a wide variety of crypto projects, retail brands, and other sponsors. Love Hate Inu’s surveys can also provide valuable insight for brands that want real feedback from online users.
In order to vote in a Love Hate Inu survey, LHINU owners must stake their tokens for at least 30 days. This stake-to-vote process makes it very difficult for bots or activists to manipulate the results of a poll. In addition, token holders earn more voting power as they stake more LHINU tokens for longer periods.
Votes are recorded to the blockchain and cannot be manipulated or changed. This enables the community and partnering brands to trust the results of Love Hate Inu polls.
Presale Releases 90% of LHINU Supply into the Community
Love Hate Inu plans to put its community at the heart of the project right from the beginning. To accomplish that, Love Hate Inu will release 90% of the total LHINU token supply during the project’s presale.
The remaining 10% of tokens will be held back to provide liquidity during an initial exchange offering. The total supply of LHINU will be 100 billion tokens.
The Love Hate Inu presale is split into 8 stages and is currently in Stage 2. The price of LHINU tokens will increase during each successive stage. Each stage will end after 7.5 days or when 12.5% of the total LHINU presale supply has been sold, whichever comes first.
Presale Stage | Token Price | Amount of Tokens | Token Percent | Total Price | Stage End Date |
1 | $0.000085 | 11,250,000,000 | 12.5% | $956,250 | (Soft launch) + 7.5 days |
2 | $0.000090 | 11,250,000,000 | 12.5% | $1,012,500 | 7.5 days |
3 | $0.000095 | 11,250,000,000 | 12.5% | $1,068,750 | 7.5 days |
4 | $0.000105 | 11,250,000,000 | 12.5% | $1,181,250 | 7.5 days |
5 | $0.000115 | 11,250,000,000 | 12.5% | $1,293,750 | 7.5 days |
6 | $0.000125 | 11,250,000,000 | 12.5% | $1,406,250 | 7.5 days |
7 | $0.000135 | 11,250,000,000 | 12.5% | $1,518,750 | 7.5 days |
8 | $0.000145 | 11,250,000,000 | 12.5% | $1,631,250 | 7.5 days |
Total | 90,000,000,000 | 100% | $10,068,750 |
The presale has a hard cap of just over $10 million. There is no vesting period for tokens purchased during the presale. The presale will end on May 8 and an initial exchange offering is expected to take place shortly afterwards.
About Love Hate Inu
Love Hate Inu is an ERC-20 crypto project that launched its presale on March 7, 2023. The project’s LHINU token enables owners to vote in online surveys and earn rewards. Rewards may consist of additional LHINU tokens, other crypto tokens, NFTs, or another form.
There is no vesting or required staking period for LHINU tokens purchased during the presale. The presale will release 90% of the total supply of LHINU, or 90 billion tokens.
Love Hate Inu is based on the popular doge meme, but is not related to Dogecoin or Shiba Inu. The development team has remained anonymous. Potential investors can contact the Love Hate Inu team by email or through social media.
Website: https://www.lovehateinu.com/
Social Channels: Twitter | Telegram | Telegram Announcement | Instagram | Discord
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