Rocketize is an open-source community project built on the BNB Smart Chain (BSC). The project has no developer wallet, and the team did not assign any tokens for itself. Only its community and crypto exchanges that list the Rocketize memecoin, JATO, will own it.
Therefore, Rocketize depends on its community, “the Atomic Nation,” to achieve its objectives. Traders who buy and sell Rocketize tokens will pay a 2% tax on their trade amount. While wallet holders own 75% of this tax, the remaining 25% goes into a dead wallet, making Rocketize a deflationary memecoin.
Rocketize intends to burn 50% of JATO’s 1 trillion supply to boost its deflationary measure further. This will happen when Rocketize launches JATO before the end of 2022.
The team of developers that created Rocketize received monetary reimbursement for their efforts. So, no sizeable amount of JATO tokens were allocated to these individuals. By doing that, there would be no event of a massive sell-off if some of the developers abandoned Rocketize.
Due to the deflationary system of JATO tokens, early investors have the most advantage because they will constantly receive a share of JATO taxes.
The brand and its community will promote the Rocketize token on social media to increase demand. Moreover, there are plans to widen Rocketize products by building DeFi bridges that link Rocketize with other blockchain networks.
The Rocketize team has also proposed to create a decentralized lending platform where borrowers can use JATO as collateral for loans, and lenders receive up to 13% interest for staking JATO.
Rocketize vs. Floki Inu
Floki Inu operates on the Binance Smart Chain (BSC) and Ethereum networks. Thus, users can swap the multi-chain asset on the ETH-BSC bridge using atomic swaps.
Floki Inu charges a 3% tax when traders buy or sell the FLOKI token. However, this tax doesn’t apply when swapping FLOKI between Ethereum and BSC.
Although Elon Musk inspired its birth, Floki Inu…
