SHID

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Description

SHID is a meme coin based on the Ordinals (BRC20) protocol, launched in April 2023. It was funded by 325,000 USD from community contributions and has a total issuance of 2.1 quadrillion coins. The project aims to integrate the coin into its social platform and expand its utility through the development of new dApps, backed by its robust community. Key features include its origin on the Bitcoin blockchain and plans for enhancing coin functionality via dApp development.

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FAQ

What is the purpose of SHID?

SHID is a community-driven meme coin based on the Ordinals (BRC20) protocol, designed to operate on the Bitcoin blockchain. Launched in April 2023, its purpose is to integrate into social platforms and expand its utility through the development of decentralized applications. The project emphasizes strong community backing, with plans to enhance functionality through further dApp development.

How is SHID different from other meme coins?

SHID differentiates itself by being based on the Ordinals (BRC20) protocol on the Bitcoin blockchain, rather than more common Ethereum-based meme coins. It boasts a massive issuance of 2.1 quadrillion coins, all in circulation, and is focused on integrating its coin into social platforms and expanding utility through dApp development, empowering a strong community involvement.

What are the benefits of using SHID?

Using SHID offers the benefits of participating in a vibrant, community-driven ecosystem where its integration into social platforms can enhance user experience. Expected dApp developments aim to increase utility, providing further engagement and functionality. The entire supply being in circulation from the onset also offers unique dynamics within the Bitcoin ecosystem.

How can SHID be used within its social platform?

SHID is being integrated into the project's existing social platform to offer users novel engagement opportunities. As the platform grows, the use of SHID allows for innovative interactions and transactions built on a decentralized foundation, with future developments likely augmenting these through additional applications and services.

What are the future plans for SHID in terms of development?

SHID's future plans include the continued integration into social platforms, alongside the development of decentralized applications to expand utility. A strong roadmap is in place to enhance coin functionality, driven by community contributions and engagement, ensuring SHID’s position evolves within the Bitcoin ecosystem.

What should I do if I'm having issues with SHID transactions?

If you encounter issues with SHID transactions, check the status of the Bitcoin network as congestion can impact transaction speeds. Ensure your wallet and any platforms you are using are compatible with BRC20 tokens. You can also seek assistance from the SHID community channels or support resources for specific guidance and troubleshooting steps.

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