On August 21, 2024, Binance announced the launch of the 57th project on its Launchpool: Dogs (DOGS). The webpage for this new token mining will go live within 24 hours before the pool starts. Users can stake their BNB and FDUSD in separate pools to mine DOGS tokens over three days, starting at 00:00 (UTC) on August 23, 2024. Binance will list DOGS and open trading pairs (DOGS/USDT, DOGS/BNB, DOGS/FDUSD, DOGS/TRY) at 12:00 (UTC) on August 26, 2024. A seed tag will be applied to DOGS.

Launchpool Details:

- Token Name: Dogs (DOGS)
- Maximum Supply: 550,000,000,000 DOGS
- Initial Circulation: 516,750,000,000 DOGS (93.95% of the total supply)
- Total Mining Amount: 22,000,000,000 DOGS (4% of the maximum supply)
- Mining Period: From 08:00 on August 23, 2024, to 07:59 on August 26, 2024 (UTC+8)

Introduction:

DOGS (DOGS) is a meme coin designed to embody the spirit and culture of the Telegram community. The coin has a unique backstory, setting it apart from other cryptocurrencies. It is inspired by Spotty, the unofficial mascot of VK (a Russian social media site), created by Pavel Durov during a charity auction. Spotty quickly became a beloved symbol, and now DOGS aims to bring this tradition into the world of cryptocurrencies.

Spotty’s journey began when VK’s founder, Pavel Durov, drew the iconic dog during a charity auction to support orphanages. Spotty became a symbol of care and charity, with 100% of the sales of Spotty-themed gifts going to support orphanages and children's homes. Over the years, Spotty's adventures have ranged from being one of VK's earliest sticker characters to appearing at VK Fest, and even going to space!

Tokenomics:

DOGS tokenomics were released in the Telegram community. The total supply of DOGS is 550,000,000,000, distributed as follows:

1. 81.5% allocated to the community (no lock-up):
   - 73% belongs to Telegram OGs who earned DOGS in-app;
   - The remaining portion is reserved for rewarding traders, creators, and future community members.
2. 10% allocated to the team and future development.
3. 8.5% reserved for liquidity on CEX and DEX, and for listing-related activities.

How DOGS Works:

1. Join the Dogs Bot: Start by joining the Dogs Bot on Telegram.
2. Activate the Bot: Click the "Start" button after joining. The bot will guide you through the process.
3. Verify Your Telegram Usage: The bot will ask you to verify your time spent on Telegram. The more you’ve used Telegram, the more DOGS tokens you’ll receive.
4. Claim Your DOGS Tokens: After verification, the bot will reward you with DOGS tokens based on your Telegram activity.
5. Share with Friends: Tell your friends about the Dogs Bot. The more people join, the stronger the community becomes, potentially increasing the value of DOGS tokens.

Distribution:

One of the most exciting aspects of DOGS is its distribution method. Unlike traditional mining or purchasing, DOGS tokens are distributed based on users’ Telegram activity. Here’s how you can earn DOGS tokens:

- Your Telegram Account Age: The older your Telegram account, the more DOGS tokens you might receive. This rewards long-term users of the platform.
- Telegram Premium Subscription: Users with Telegram Premium subscriptions receive additional benefits and more tokens, encouraging more people to subscribe to Telegram Premium, thereby enhancing their overall Telegram experience.
- OG Status: OG (Original Gangster) status indicates that you are a long-time active Telegram user. This status allows you to earn more DOGS tokens in recognition of your loyalty and activity on the platform.

Latest Updates on DOGS:

Extension of Airdrop Claim Period Announced Again:
The DOGS project team has announced that over 8 million verified users have requested to have their DOGS directly deposited into exchanges and Telegram wallets. DOGS has decided to adjust the TGE (Token Generation Event) date once more. The updated schedule is as follows:

- The claim period for exchanges and Telegram wallets will be extended until 24:00 (UTC+8) on August 23.
- Claims for non-custodial wallets will be available from 16:00 (UTC+8) on August 26.
- TGE and listing will occur at 20:00 (UTC+8) on August 26.

DOGS Listed on Multiple Exchanges:

- Bitget opened DOGS/USDT trading at 20:00 (UTC+8) on August 20.
- OKX will open DOGS/USDT spot trading between 19:00 and 20:00 (UTC+8) on August 23.
- Binance will list DOGS and open DOGS/USDT, DOGS/BNB, DOGS/FDUSD, and DOGS/TRY trading pairs at 12:00 (UTC) on August 26.
- Gate.io will begin trading DOGS at 20:00 (UTC+8) on August 26.

Great post! I'm excited to learn more about the DOGS project and its unique distribution model based on Telegram activity. It's a creative approach that rewards long-term users and encourages community growth.

I'm also actively participating in the Bingx or some exciting opportunities to earn rewards and connect with the crypto community.

Let's see who can claim the most DOGS tokens and Bingx rewards! 🏆