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Breaking News: Galaxy Digital's Bitcoin Outlook: Uncertainty For Next Year, $250,000 Goal Set For 2027

Love Hate Inu Raises $2 Million for Innovative Vote-to-Earn Project

Bitcoinist
by Bitcoinist
Last Updated: March 29, 2023 11:37 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Love Hate Inu (LHINU), an innovative crypto project that rewards users for voting in online polls, has raised more than $2 million through its ongoing crypto presale. The presale hit the $2 million milestone just three weeks after launching.

Love Hate Inu is taking aim at the $3 billion online survey industry with its new vote-to-earn platform. Users can vote whether they ‘love’ or ‘hate’ an idea, product, person, or piece of news. All votes are recorded to the blockchain to prevent manipulation, while users are rewarded with LHINU tokens.

The presale is currently in Stage 3, but less than a week remains until Stage 4 begins and the price of LHINU tokens increases. The presale price is currently 1 $LHINU = 0.000095 USDT.

A Web3 Solution for Online Polling

Love Hate Inu is a unique and effective Web3 solution for finding out what  the online public think. The platform enables users to vote on the biggest topics of the day, from controversial issues to more lighthearted subject matter like the latest viral meme.

In order to cast a vote on Love Hate Inu, users must stake LHINU tokens for a minimum of 30 days. Users’ voting power is based on the amount of LHINU they stake and their staking period. Users have a simple choice in every vote: love or hate.

Votes are recorded to the blockchain, making them permanent and immutable. This, combined with the LHINU staking requirement, makes it nearly impossible for an individual or institution to manipulate the results of a survey on Love Hate Inu.

Visit Love Hate Inu

Generating Memes and Partnerships

While Love Hate Inu delivers a lot of utility, it’s still a meme coin at heart. The token is the latest crypto to emerge from the ultra-popular doge meme, which spawned cryptocurrencies like Dogecoin and Shiba Inu.

With every poll, Love Hate Inu aims to create new memes. Example polls released prior to the platform’s launch include cartoon versions of celebrities like Elon Musk, Donald Trump, and Andrew Tate. These cartoons are ready-made for vitality, especially when paired with immutable poll results.

Love Hate Inu is also poised to partner with major brands and metaverse projects. Brands can use Love Hate Inu’s polling platform to gauge whether users love or hate a new product or branding change. To incentivize engagement, they can offer NFTs or custom tokens rather than LHINU as the reward for voting.

Revenue from these partnerships is expected to make Love Hate Inu self-sustaining over the long run. The project team can use partnership revenue to buy back LHINU for its treasury, thus enabling the platform to continue offering LHINU rewards far into the future.

Putting Voting Power in the Hands of the Community

One of the most unique aspects of the Love Hate Inu presale is that the project plans to sell up to 90% of its total available LHINU token supply. The remaining 10% will be reserved only for vote-to-earn rewards and to provide liquidity during an initial exchange offering.

Offering so much of the token supply during the presale ensures that LHINU will be almost entirely in the hands of individual community members. There are no tranches of tokens set aside for founding partners, venture capital firms, or institutional investors. Since LHINU is required to vote, this ensures that every poll truly reflects the sentiment of the Love Hate Inu community.

After the Love Hate Inu platform launches, the development team will take charge of creating the first polls. However, the team plans to hand over the reins to the community by the end of 2023. Community members will get to decide what polls to introduce and whether they should go to the community for a full vote.

Visit Love Hate Inu Presale

Promising Presale is More Than 30% Sold Out

Love Hate Inu’s presale has generated a lot of excitement from investors and crypto enthusiasts who appreciate the platform’s vote-to-earn model. It raised more than $500,000 in less than a week after launching and has now raised more than $2 million.

The presale is more than 30% sold out, but there’s still time for investors to buy LHINU before it hits major crypto exchanges. The presale is split into 8 stages and has a hard cap of $10 million.

However, the price of LHINU increases during each subsequent stage of the presale. Investors who bought during the first presale stage are expected to earn unrealized gains of more than 70% by the end of the presale, while investors today can earn gains of up to 52%.

Presale Stage Token Price Amount of Tokens Token Percent Total Price Stage End Date
1 $0.000085 11,250,000,000 12.5% $956,250 (Soft launch) + 7.5 days
2 $0.000090 11,250,000,000 12.5% $1,012,500 7.5 days
3 $0.000095 11,250,000,000 12.5% $1,068,750 7.5 days
4 $0.000105 11,250,000,000 12.5% $1,181,250 7.5 days
5 $0.000115 11,250,000,000 12.5% $1,293,750 7.5 days
6 $0.000125 11,250,000,000 12.5% $1,406,250 7.5 days
7 $0.000135 11,250,000,000 12.5% $1,518,750 7.5 days
8 $0.000145 11,250,000,000 12.5% $1,631,250 7.5 days
Total   90,000,000,000 100% $10,068,750  

The next stage is less than a week away, so investors have a limited time remaining to lock in the best possible price for LHINU.

Looking beyond the presale, Love Hate Inu plans to hold an initial exchange offering to make LHINU available to the public. There is no lock-up period for tokens purchased during the presale, so early investors have the option of cashing out during this initial exchange offering if desired.

Visit Love Hate Inu Presale

Social Channels: Twitter | Telegram | Telegram Announcement | Instagram | Discord

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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