https://static.wixstatic.com/media/485ce8_0580ff3c9ac04ad3823ab9f8cdd7cf31~mv2.pngDADDY TOKEN Website: daddytoken.net | Telegram: https://t.me/thedaddytokenThe Daddy of Smartchain Tokens- Lifetime of BNB rewards
- Lifetime of Expensive Marketing
There's good reason why DADDY could become the most popular Binance Smartchain Token ever created. Let this sink in.Why Daddy Token?We took the best performing tokens
(TIKI, GHOSTFACE & HODL) and combined the winning aspects of all to make the DADDY token.
Read our whitepaper here:
https://docs.google.com/document/d/1SgkPYqOHkUnfLa7b4-1yniR2NeZKdFp3vMpgai9gO-w/edit?usp=sharing DADDY TokenDaddy is a token built on the Binance Smart Chain. Each transaction, purchase or sell, incurs a 15% fee, distributed as follows:
Static rewards:6% BNB redistribution to all holders
1% Redistribution in Tokens
Sustainability: 4% Liquidity Fee (sent back to the LP)
3% Marketing Fee
Good Karma:1% Donation to the Binance Charity Wallet
Each fee plays a specific role. Let’s break them down.The static reward system is what our entire marketing strategy is based around, especially in the early stages of the life of our coin. By rewarding holders with BNB, which is much more marketable and appealing than token rewards, we guarantee that holders are attracted to the idea of holding DADDY tokens in the long run. The same idea applies to new investors.
The notion of ‘passive income’ can be leveraged in our marketing approach, and facilitate the next steps in the development and growth of our community.
The sustainability fee is what allows us to hold the aforementioned promise. The only way to attract a constant stream of new investors is by reinvesting into marketing in a smart, calculated manner. This requires some form of marketing ‘income’, which in our opinion should not come from a marketing ‘wallet’ of tokens.
Selling off a chunk of a marketing wallet can cause the chart of any cryptocurrency to take a dip, which is usually not healthy in the early life of a coin. Organic growth is facilitated by including a marketing fee to all buyers and sellers, and marketing funds are then invested to spread the word about the currency in question, in this case DADDY.
The additional component included under the sustainability section is a liquidity fee, which is a redistribution mechanism that ensures the trading pool always has sufficient liquidity. This is a key element for decentralized exchanges like Pancakeswap.
Last but not least, our Good Karma fee is in our opinion an essential feature of this token. Jokes aside, our team truly believes in respecting the forces of the Universe. Good gestures go a long way, and when our coin becomes widely successful, we can proudly claim that we have donated X amount of BNB to a good cause thanks to our 1% donation fee on all transactions. This will empower our community in the long run, and motivate more people to join in!
Additional features: Anti-dumping and anti-whale strategyAnti-whale measures: In the private and pre-sale process, we are not allowing any buyer to purchase any sum of tokens superior to 0.3% of the total supply. In addition, private, pre-sale, and launch price are all within a 5% range. A marginal discrepancy which should encourage buyers to hold on the long term.
Anti-dump: Our contract includes a function that stops ALL sales above 0.1% of the total supply. This will discourage (mini)-whales from dumping all their bags at once.
Anti pump and dump: Certain groups of individuals practice pump and dump schemes, in order to lure in outside investors by the looks of a bullish chart, and sell at a high point. We will charge an additional 3% fee for all sales, on top of the standard 15% fee.
This will be broken down as follows: 1% towards marketing: thanks for helping us spread the word about our project
1% towards the liquidity pool
1% Burn
This additional fee should discourage all pump and dump groups from seeking very short term profit by raiding our community.
The BNB reward system, and our unique approach to implementing it
Our cutting edge BNB reward system works as follows: 6% of each transaction gets converted to BNB, and is split amongst all holders automatically. The rewards are sent every hour to holders that have at least 4200 DADDY tokens, and rewards are proportional to how many tokens each individual holds.
This system has been un-efficiently implemented in the past by tokens such as “Ghostface”, and improved by projects such as “TIKI”. A full comparison of these different projects is given on our website's main page, as our goal is to establish ourselves as the reference for BNB yielding tokens on the Binance smart chain. Hence our name DADDY.
Another clarification: by making a comparison, we do not infer that those projects have inferior value, but simply that their approach is unsustainable, and that ours is superior.
The importance of Marketing for the sustainability of this projectAs they are a function of transaction fees, rewards and reward sizes are conditional upon transaction volume. Our goal is therefore to generate value for our holders by attracting new members to our community, and constantly driving traffic towards our project page.
This will be ensured thanks to the following factors: Website: After launch, our website will become an easily navigable landing page, which will include the option to directly trade our token. It will be constantly updated to reflect the current status of the token. As we move on from the presale onto Pancakeswap, we will include an embedded version of the swap onto our website, where users will be able to directly purchase the token safely.
Marketing expertise: one of our main developers has extensive expertise and connections in the marketing industry, in which he has worked for over two decades. This will help facilitate the spread of our token brand name, and create the necessary image and legitimacy to build a solid foundation within the crypto space.
Marketing Fee: In order to keep the project alive, the project team needs to constantly invest into marketing. Think of it as an R&D fee. The large majority of the crypto sphere revolves around marketing, “hype”, and generating traction behind specific projects. This can be done through communities forming and supporting a project, but the best way to ensure the growth of a token is by attracting a new crowd of investors through a constant stream of marketing spend. This, therefore, is achieved by running cross-platform ads, paying crypto influencers, and releasing articles on news outlets, which are usually paid for as well.
The marketing fee in our tokenomics is therefore the guarantee that each transaction helps spread the world about our token, and drives it’s value in the right direction. Our commitment in the endeavor of creating the DADDY token is to stay open and transparent with our community. Each marketing expense will be fully disclosed, even prior to the launch of the coin, and all spendings after the launch will be shared with the community.
Our expansion plan: retention and growth The majority of tokens following the BNB reward model have short to medium term life-spans. They usually experience exponential growth in the early stages, and later come down to lower base levels, around two to three times initial Market Cap.
This comes as a consequence of the BNB reward model being based on trading volume, and the incentive for holding being in direct correlation with said volume. Indeed, as volume decreases, so does the incentive to hold for all investors.
In the case of DADDY, this problem will be solved in two specific ways: First of all, the above-mentioned marketing strategy we will implement will allow us to extend the early growth period of the token, by attracting a larger crowd of crypto investors.
However, as we peak and find our upper limit of investors, it will be vital to find a way to retain our base of investors, and slowly attract external members into our community. This will be achieved by doing the following: In the days following our launch, our initial goal will be to keep the people that are already invested in DADDY. In order to incentivize them to HODL, we will create engaging community contests, competitions, creativity challenges, as well as empower the community through inviting each member to participate and collaborate in our decision making process, from development all the way to marketing. A second method will be to externalize our marketing approach and message beyond the crypto realm. Indeed, projects such as SafeMoon have been so successful since they were able to attract retail investors. People from outside the standard crypto community.
How this can be achieved is by using principles of cluster marketing. As we move forward in the life of our coin, our branding approach will start to include additional components related to spreading awareness, focusing specifically on children protection from child abuse. While we already donate 1% of all fees to charity, we will also make sure to focus in our marketing message that Daddy seeks to spread awareness on the issue of child abuse. This problem, which is Universal, is common all around the world but rarely discussed, especially in underdeveloped countries, and does not require donations as much as it necessitates the spread of awareness.
We will therefore bind the brand image of Daddy with the notion of child protection, and awareness about child abuse. Many topics often gain exposures, but other equally important subjects stay Tabou or unspoken, and we believe this is one of them.
The BNB reward yielding system, if advertised correctly, can become a true sensation in the retail investor world. Far beyond the small boundaries of the group of investors competing for short term returns within the Binance Smart chain. Therefore, with the help of our lead Marketing expert, we will launch our own “brand”, which we will advertise as a form of alternate investment in which holders are rewarded with constant dividends, and as an investment which participates in the spread of awareness for the protection of children around the world. This terminology, which is easily marketable, and can be understood by common investors, will allow us to extend beyond our initial boundaries, and sustain the growth of our token.
Our goal is to make DADDY the reference investment when thinking of “passive income”