BSC Month Series: CoinTiger AMA Recap with SHARK

CoinTiger
6 min readJun 11, 2021

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Baby Shark Token is an audited & secure autonomous DeFi protocol harnessing the power of the classic children’s song.

Session1: QA with the Project representative

Q1.Welcome to CoinTiger BSC Month 🔥🔥🔥 First simple question — who are you?

Baby Shark Token is a community driven, audited & secure autonomous DeFi protocol harnessing the power of the classic children’s song which was recently featured in Bloomberg News. While many cryptocurrencies rely largely on fossil fuel-based mining, Baby Shark Token is a carbon-neutral cryptocurrency generating funds to help rescue the oceans. The team, community, and focus of Baby Shark Token is global in scope as we all work together to make an impactful difference towards the environment. Our novel deflationary tokenomics help to clean the ocean through decentralized fundraising and partnering with nonprofits, while rewarding holders through reflections. Baby Shark Token is an official partner of the Gili Shark Conservation as well as a primary donor of the University of Miami Shark Research and Conservation Program. We’ve recently launched our official partnership with the Gili Shark Conservation and have also adopted our own shark via the University of Miami Shark Research Center.

Q2. What makes SHARK different from other BSC projects?

Baby Shark Token is a globally recognized song that everyone has heard at least once and it sticks with you forever giving us the most brand awareness of any BSC project to be created. We are the only charity token to date that has an official partnership with a non-profit organization — Gili Shark Conservation, which is not only saving Sharks and coral reefs but empowering and teaching local Indonesian women to become oceanic & scientific divers. Our unique tokenomics generate 2% of each transaction into BNB for our charity wallet, preventing any downward pressure on the price of Baby Shark. Lastly, our media exposure in Newsweek Magazin, Bloomberg News, and Fortune Magazine, to name only a few, has provided us the mainstream media exposure that other projects can only dream of which we are going to capitalize on to make sure Baby Shark Token is a truly internationally recognized cryptocurrency.

Q3. Are you satisfied with the advancement of the whole project thus far?

Extremely satisfied. We are still less than a month old and we’ve grown to over 25,000 holders, a 10m+ market cap, an official partnership with the Gili Shark Conservation including our $10,000 donation, our socials media accounts are steadily increasing and we’ve received media coverage from outlets such as NewsWeek, Fortune and Bloomberg — something that 99.9% of other projects have not been able to accomplish.

Q4. Do you have any particular events planned to directly clean up the oceans that is in line with your mission statement?

July 6th will be our first big Baby Shark sponsored ocean clean up in Key Largo, FL where we’ve chartered a boat and will have a team of 30+ divers go out and clean up the local oceans.

Q5. What is the uniqueness of SHARK that cannot be found in other project that´s been released so far ?

Baby Shark provides its investors with a globally recognized song and brand that no other token is able to provide especially one that is only 1 month old. Baby Shark provides passive auto-staking that earns holders 3% income for just holding the token and also each purchase directs 2% to our charity wallet so investors can feel satisfied that they are making a beneficial impact on the environment. Baby Shark is also one of the only BSC projects where our 2% transactions are directly deposited into our charity wallet as BNB — and we are actively making donations to non-profits (Over $13,000 in our first month) and sponsoring various cleanup events directly in our communities. In the very near future, the Baby Shark dApp gaming platform (Baby Sharkade) will be opening where holders will be able to play various games and win Baby Shark prizes. Lastly, the Baby Shark Team is completely doxxed to increase trust and transparency for our investors. We are extremely open and honest with our investors and we have a direct line of communication across our social platforms like Discord and Telegram so anyone can reach out at anytime.

Session 2: Open Questions by the Community

Q1.Can you tell us about the motivation and benefits for investors, to keep Shark in the long run, How are you fighting inflation?

One of the great long term value prospects baby shark is implementing is “Sunken Treasure”
Once a week we will use 5% of the development funds that fill in up in the 2% wallet in bnb, to buy back $SHARK tokens. We will then Burn them 🔥Increasing the value of shark and reducing the supply, once a week, for years to come. This rewards loyal sharks for sticking with us

Q2.Investors are afraid of scam, exchange is afraid of scam, partners are afraid of scam, so What does Your project guarantee not to scam investors?

Well. A few things. Liquidity is locked with dxsale for a year, so it is impossible to rug. We also went ahead and got a full audit done by TechRate, so the contract has been found to be secure.
On top of this, just recently, if you go to our website and visit our Team page, you can see our team! We wanted to show the world who we are. We are very proud of what we are building, and we are here to stay.

Q3. Have you started discussions with any potential partners or launchpad platforms?

Yes, we are currently in discussions with two of the best dApp platforms on the BSC blockchain right now and will be announcing our partnerships shortly. The great thing about Baby Shark is we are a globally recognized brand and we have received immense media coverage in our first month. This affords us numerous opportunities where other tokens and blockchain platforms are reaching out to us every day wanting a chance to partner with Baby Shark. If you are invested in Baby Shark you can rest assured you are holding a token that every other token wishes they could become.

Q4. Where does the project name come from? What does it mean for you and why did you choose that name for your project?

Well, the name was inspired by the childrens song. Many of us have children. We were on chat one day, and the song was playing in the background. We thought it would be a genius idea to turn into a project. When toonces came to me with the idea, and showed me a picture of a shark with a rocketship, I knew we had something special. We knew we wanted to do something special in the BEP-20 space, so we went ahead with a charity coin, as we wanted to make a difference here and not just be another meme coin. On top of that we plan on becoming a global brand. We’re excited to keep pushing, and develop our baby shark arcade, NFTs, and exchange when we are able to

Q5. What was your motive behind making your project?

We wanted to create something meaningful in the blockchain space. We were sick of everyone creating meaningless meme coins, and projects that get abandoned quickly, or abused for quick money.
We had a team of people who were investing in coins, and took all that energy and community to turn it into a positive force. I believe that is one of the biggest reasons we succeed, and will continue to do so. Our community has been built upon a solid grounding, and we grow stronger everyday.
We have already achieved so much, and we have just begun! Join us in our journey to change the world and make it a better place for our kids to grow up in.

Session 3: Multiple-Choice-Questions

The correct answers will be bolded

  1. What is token of SHARK?

A.BabyShark

B.SHARK

C.BSH

D. BASHARK

2. What trading pair is available on CoinTiger?

A.BTC

B.ETH

C.CNY

D.sUSDT

3. On which blokchain is SHARK based?

A. Polkadot Chain

B.Ethereum

C.BSC

D.Tron

4. Which one is the official twitter of SHARK?

A.@BabySharkToken

B.@SHARKTOKEN

C.@BabyShark

D.@elonmusk

5. What regions is SHARK currently focused on?

A.North America

B.Asia

C.Antarctica

D.Global

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CoinTiger
CoinTiger

Written by CoinTiger

CoinTiger is a global and innovative crypto asset exchange that provides multi-crypto-currency trading services in multi-language to blockchain enthusiasts.

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