Inubis: Privacy Public Chain Based on Zero-Knowledge Proof

What is Inubis

Imagine you have a digital amusement park with all kinds of fun things: you can play games, collect unique digital artworks (we call them NFTs, like limited edition stamps or art pieces), and participate in some financial activities (we call this DeFi, like the bank and investment in the digital world). The Inubis project aims to integrate all these into one place, creating a “one-stop” decentralized digital ecosystem.

Simply put, Inubis is a 100% decentralized, community-centric project that combines the hot areas of decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain gaming. Its target users are those interested in digital assets, gaming, and decentralized applications. Through this platform, users can participate in various digital activities, such as trading digital assets, playing blockchain games, collecting NFTs, and more.

Project Vision and Value Proposition

Inubis’s vision is to create a vibrant, multifunctional digital world where users can enjoy entertainment and financial services while also contributing to real-world environmental protection. Its core value proposition lies in its “ultra-deflationary” feature and commitment to environmental protection. What is “ultra-deflationary”? You can think of it as a currency that automatically “loses weight”—through automatic buyback and burn mechanisms, the total supply of tokens decreases, which in theory may increase its scarcity. In addition, Inubis promises to donate a portion of transaction fees to environmental organizations, used to protect endangered animals and their habitats, such as dolphins, rhinos, penguins, elephants, etc. It’s like every time you spend in the digital amusement park, a small part of your money is automatically donated to an animal protection fund—meaningful, right?

Compared to similar projects, Inubis tries to build a more attractive and socially responsible ecosystem by combining DeFi, NFT, and gaming, and integrating environmental protection concepts.

Technical Features

The Inubis project runs on the Ethereum blockchain, which means it leverages Ethereum’s security and decentralization. Its core technical features include:

• Decentralized Exchange (DEX): Like a digital currency trading market without middlemen, users can trade tokens directly.
• Decentralized Finance (DeFi): Provides various financial services, such as staking (think of it as depositing money to earn interest) and yield farming (earning returns by providing liquidity).
• Non-Fungible Tokens (NFTs): Supports the creation, trading, and display of unique digital assets like digital artworks and collectibles.
• Blockchain Gaming: Combines gaming with blockchain technology, allowing players to truly own in-game assets.
• Automatic Buyback and Burn Mechanism: This is the key to achieving “ultra-deflation.” The system automatically buys INUBIS tokens from the market and permanently burns them, reducing the total supply.
• Holder Redistribution: A portion of transaction fees is redistributed to INUBIS holders, encouraging long-term holding.

These technologies together form the foundation of the Inubis ecosystem, aiming to provide a secure, transparent, and user-friendly platform.

Tokenomics

The native token of the Inubis project is INUBIS.

• Token Symbol: INUBIS
• Issuance Chain: Ethereum, as an ERC-20 token.
• Total and Maximum Supply: 100 trillion (100,000,000,000,000) INUBIS.
• Inflation/Burn: Inubis features an “ultra-deflationary” mechanism, reducing token supply through automatic buyback and burn.
• Current and Future Circulation: According to the project team, the current circulating supply is 0 INUBIS, and the market value is also $0. This may mean the project is still at a very early stage, or the token has not yet been widely circulated.
• Token Utility:
  • Trading: Can be bought and sold on decentralized exchanges.
  • Staking and Yield: Participate in DeFi activities and earn returns by staking INUBIS.
  • Ecosystem Participation: May be used to pay transaction fees, participate in games, or purchase NFTs, etc.
  • Community Rewards: Holders can receive redistribution of transaction fees.
• Token Allocation and Unlocking Information: Currently, there is no detailed public information on specific token allocation ratios and unlocking schedules.

Team, Governance, and Funds

Currently, there is no detailed public information listing the core members of the Inubis project. The project emphasizes its “100% decentralization” and “community-driven” features, which means the community may play an important role in project decision-making and development. The specific governance mechanism (e.g., whether voting is done by holding tokens) and treasury operation methods are also not detailed in the available public information.

Roadmap

Currently, no detailed roadmap or historical milestones for the Inubis project have been found in public information. Typically, a blockchain project will use a roadmap to show its past achievements and future plans, including product development, feature launches, community building, etc. The lack of a clear roadmap may make it difficult for potential participants to assess the project’s progress and future potential.

Common Risk Reminders

Any blockchain project comes with risks, and Inubis is no exception. Here are some common risk points:

• Technical and Security Risks:
  • Smart Contract Vulnerabilities: Inubis relies on smart contracts, and if there are vulnerabilities, it could lead to asset loss.
  • Platform Stability: Integrating DeFi, NFT, and gaming features may bring technical complexity, affecting platform stability and security.
• Economic Risks:
  • Market Volatility: The cryptocurrency market is highly volatile, and the price of INUBIS tokens may rise or fall sharply.
  • Liquidity Risk: If token trading volume is insufficient, it may be difficult to quickly buy or sell INUBIS.
  • Early Project Risk: The current circulating supply and market value are both zero, indicating the project may be at a very early stage with high uncertainty.
  • Uncertainty of “Ultra-Deflationary” Mechanism: Although deflation may theoretically drive up prices, the actual effect depends on various market factors and is not guaranteed.
• Compliance and Operational Risks:
  • Regulatory Uncertainty: Global cryptocurrency regulatory policies are still evolving, and future policy changes may impact the project.
  • Community-Driven Challenges: While community-driven is an advantage, it may also face challenges such as decision-making efficiency and unified direction.
  • Information Transparency: Currently, information on the project team, detailed roadmap, and token allocation is not transparent enough, increasing the difficulty of evaluation.

Please remember, the above information does not constitute any investment advice. Before making any investment decisions, be sure to conduct thorough personal research (DYOR - Do Your Own Research).

Verification Checklist

• Block Explorer Contract Address: Ethereum contract address:
  0x3667d6B1AEE4f96b608EE365FdA9fa5BA866604c
  . You can view the contract’s transaction records and holder information on block explorers like Etherscan.
• GitHub Activity: The project’s GitHub repository is
  https://github.com/inubis
  . Check the code update frequency, commit history, and number of contributors to get a preliminary idea of the project’s development activity.
• Official Website:
  https://www.inubis.io
  .
• Social Media: Twitter (
  https://twitter.com/InubisToken
  ), Medium (
  https://medium.com/@inubistoken
  ), Telegram (
  https://t.me/inubistokenofficial
  ). Follow these channels for the latest project updates and community discussions.
• Litepaper:
  https://www.inubis.io/litepaper.pdf
  .

Project Summary

The Inubis project paints a grand vision, aiming to integrate DeFi, NFT, and gaming into a decentralized ecosystem, while incorporating the concept of environmental charity. Its “ultra-deflationary” tokenomics and commitment to donations for endangered animals are its unique highlights. However, based on currently available information, the project appears to be at a very early stage, with zero token circulation and market value, and lacks detailed team information, governance structure, and a clear roadmap. This means the project carries high uncertainty and risk.

For those interested in Inubis, it is recommended to closely follow updates on its official channels, study its Litepaper in depth, and independently evaluate its technical implementation, community development, and market potential. Remember, the cryptocurrency market is extremely risky, and any investment may result in loss of principal. This article is for informational sharing only and does not constitute any investment advice. For more details, please conduct your own research.