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If you were familiar with the meme-coin craze, you have likely heard of POODL. It is one of the oldest meme coins in the market whose story is rather impressive. Like many other meme coins, a developer created POODL, then did a pump-and-dump scheme on the initial token holders. Attempted to run away with the profits but the community rescued the token.
The community behind this project believed in its potential and took action to revive it. From forming an interactive Telegram channel to creating an official website to airdropping the new $POODL token to all holders of the original V1 token, the community grew exponentially, and the project was finally revitalized and utilities added making it the fantastic investment opportunity we see today. So, other than being a meme punchline, what is $POODL, and what are its utilities? Let’s find out!
Initially, $POODL was a deflationary meme token built on the Ethereum 2.0 blockchain platform. According to the original developers, this token was meant to be the younger ‘sibling to DogeCoin‘. However, since the original development team left the project for dead, resurrecting the project took a substantial amount of effort.
In March 2021, a new $POODL token was launched in BSC and was airdropped to existing holders on April 25th, 2021. The switch to BSC was motivated by the skyrocketing ETH gas prices at the time of transfer, and the community desired it. As a result, the old ERC-20 token is no longer traded and all focus has been on the safe BSC version of POODL.
The community started constructing and searching for respectable utilities now that POODL was firmly rooted on the ground. Through a community voting mechanism, POODL account holders could now vote on critical project-related problems and projects. As a result, the project could develop initiatives, allowing it to create its own. Over the years, it has developed utilities and use cases, including:
- NFTs and Augmented reality technology, usable in the real world and the Metaverse
- Retail payments as it is listed on nowpayments.io, allowing online merchants on Shopify, WOO Commerce, Ecwid, Opencart, Magento, WHMOS, Zencart, and Prestashop to access it
- Passive income on every transaction
- Tokenomics includes charity donations
- High-level partnerships with reputable organizations
Features of POODL
POODL BSC was only a success due to the community that supported it and the tireless efforts of the administrators, who have years of experience in the tech industry and labor around the clock to assure the project’s long-term viability. The team constructed all social networks and a new official website, performed audits, acquired a trademark, and then managed to list the token on numerous exchanges in less than a month. This assures holders that the new BSC $POODL token can go to the next level. Let us look at the unique features of $POODL.
5 Years Locked Liquidity
The project has its POODL/wBNB pool secured in UniCrypt. The liquidity lock is in place for a further four years, and it will be locked up again six months before the five-year mark, meaning that holders can trade $POODL for another five years.
Passed Security Audit
Solidity Finance has evaluated and authorized the POODL smart contract. It’s been nearly a year since the deal was signed. Veriff.com also performed a full KYC audit using SEEK Token’s team of fraud hunters in the crypto space. You might have heard of this team on the National Geographic channel in the show ‘Trafficked,’ where they expose scams in the crypto space. After an in-depth evaluation, the project earned a 96.5/100 rating regarding investment protection and project safety.
Listed on Verified Cryptocurrency Platforms
The project is verified with a blue check status, on several reputable cryptocurrency platforms to ascertain that holders are safe from fraudulent groups. These channels include Telegram, Twitter, OpenSea, 3X Instant DEX exchange aggregators, CoinMarketCap, Pancakeswap, DogeDEX, 1 Inch Network, Hotbit, LBit, and Whitebit. More recently POODL is listed on EverSwap by EverRise and the Bridges exchange as of the 24th June 2022.
An Experienced Team of Developers
As mentioned earlier, the success of this project is due to the team behind it. They have years of experience and expertise in the tech industry, meaning they have adequate knowledge and skills to handle this project.
In fact, one of the administrators behind this project manages the technology campus at the University of Southern California. The team also showed its prowess in a keynote speech to the United Nations regarding blockchain technology, where they used POODL as a BSC project example.
The BSC POODL token has a maximum supply of 100 trillion, where the circulating supply is 82 trillion, and the burning supply is 18 trillion. The project has a 6% transaction tax, where 2% goes to existing token holders, 1% burns, 2% funds marketing, and 1% splits evenly between liquidity and charity. As a result, this ensures the limited supply of POODL tokens and minimized market circulation, which increased POODL’s overall value.
According to CoinMarketCap, POODL has a market cap of 1.8 million. Due to its supply and demand connection, dropping token amount, and continual transactional volume increase, this project shows exponential potential for market growth combined with low risk. The following is the distribution of the $POODL token:
- 2% to redistribution
- 2% goes to marketing
- 1% Burn
- 0.5% liquidity
- 0.5% to Charity
POODL has great ambitions for the year 2022. The following section lists some of the details of each stage in the project’s developmental pipeline.
- Development of its 3D NFT Collection’ AR Pets’
- Development of 1000 Generative 2D NFT Collection with actual utility
- Development of AR Apps for iOS to allow users to view their 3D NFTs in real-time via phone camera
- Collecting funds to establish the bridge to the first network
- Establishing a POODL merchandise store enables holders to show support for POODL and gain a passive income by printing the NFT on mugs, shirts, and hoodies.
- Marketing by publishing articles across various crypto platforms, engaging their YouTube community to reach 1M+ subscribers, collaborating with well-known influencers like Travladd, and reaching 140k+ followers on Twitter
- Monthly charity donation of around $1,500 (volume dictates amount) to the project’s partner’ Canines for Disabled Kids’ which has already happened for over a year.
POODLE wants to establish itself as a recognizable brand in the crypto space. Follow its social media platforms for official announcements to see its constant developmental achievements as they take place: Instagram | Telegram | Twitter | Reddit.
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