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Saitama (SAITAMA) Crypto Exchange
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What is SAITAMA
Saitama, previously known as Saitama Inu, is a decentralized platform that was created to educate Gen Z about investing within the crypto industry. It was introduced in May 2021, and denounced by the original deployer, after which 6 holders took over the project. Leaders of the project highlighted that SAITAMA is not a meme coin, even though it originated as one, but rather a project based on extensive research. Further, the platform is not only marketed toward young individuals but is also inclusive of older generations.
The platform’s native toke, SAITAMA, was introduced in November 2021 on the Binance Smart Chain. Saitama’s token dynamics are: 2% of every transaction performed with SAITAMA is burnt and 5% of every transaction is distributed. Each transaction also adds liquidity to the Pancake swap pool, where liquidity tokens are issued every time liquidity is deposited proportionally matching the said liquidity. SAITAMA holders can also earn rewards by just holding the token, the longer the hold is, the bigger the reward. Saitama also has its own crypto wallet, an NFT-based launchpad, and even produces entertainment content with the help of SaitamaStudios.
In May, 202 Saitama announced Saitama Version 2. And on June 1st a new token contract, SaitamaV2, has been released. The team behind Saitama claims that the V2 token will offer added security, reduce the supply, and most importantly, will help the project escape the “meme token” category. The new contract will also offer new tokenomics.
