For those of you that missed our text AMA with BabyShib, you came to the right place!

You can find the rundown of everything we touched upon, so you're all ready for their launch on Shibarium.

📱 Check them out at: https://t.me/babyshib_Shibarium1

GEMPAD INTRODUCTION
It's a pleasure to have you here today, usually I do like to start it off with an introduction from my end, but since we're doing things a little bit differently let's just dive right into the introduction from your side.

QUESTION #1
To start it all off, could you share some brief information about the team behind BabyShib and perhaps your experience in DeFi?

BABYSHIB
Our team comes from China and are members of the SHIBARMY. We have had good results and failures before, with a maximum score of 1000X. However, it is not convenient for me to disclose the project name.

QUESTION #2
To continue with the conversation here, I'd like to dive into the blockchain of choice, which is of course Shibarium. Was this something you originally planned to use for your token, or were you more so following the hype of the chain?

BABYSHIB
At the beginning, we had a plan, but it started relatively late.

QUESTION #3
To do a little bit of an add on from my end to your answer, what other chains were you also considering as an option before finally deciding to go with Shibarium?

BABYSHIB
Babyshib chooses Shibarium as the only option and will not consider anything else.

QUESTION #4
Thank you for the additional clarity on the matter. Moving on to the fact that you technically are a Memecoin, but not your average token with no utilities as you do have rewards for holders, which are taken from the 2% tax portion of buys and sells.To go into more specifics, which token is used to pay out dividends and are all holders eligible for rewards regardless of the amount of tokens they hold?

BABYSHIB
We have achieved significant milestones on other blockchains, but I believe it's not enough. I need to seize a new opportunity, and Shibarium is that opportunity. Right now, it's like a baby, and just like a baby, it will grow steadily over time.

QUESTION #5
That is perfectly understandable yes, I'm asking you about the dividends you'll provide to your holders, in which token will you pay them out?

BABYSHIB
We distribute BONE as a dividend to the holders, where you need to hold 100000000 tokens to receive a dividend reward. The initial value of 100 million tokens is approximately 3 BONE.

QUESTION #6
Now with information on the website being currently quite limited, I do understand you'll start with further developments of potential other utilities as time progresses, so after a smooth launch and once everything is as stable as possible. To move on to the second aspect of utilities that is currently available for the public, I'm talking about charity. Again, not much information is revealed regarding that as of this moment, but it is a section visible on your website. So i figured we'd go into specifics here, what charities will you target, where will the funding for donations come from?

BABYSHIB
Most of the donations come from marketing taxes, as donations are not only for charity, but also increase our exposure. A new website is being developed, so the current website information is somewhat incomplete

QUESTION #7
I hear you loud and clear, additional transparency is always appreciated. And since we are talking about upcoming utilities and what you'll have in store for your holders, I wanted to ask you if you're planning on perhaps having your own NFTs?Since you're going for branding that people will find adorable, I would assume that NFTs in the form of baby Shibas would also be something a lot of people would desire, are you thinking of doing something similar to that in the future?

BABYSHIB
The NFT plan has not been considered yet. The first thing I need to do is to gain everyone's recognition and make $BABYSHIB a valuable gem. Once recognized by others, I believe that both NFT and other plans have a strong foundation

QUESTION #8
Noted. Good to know you have the plans set in stone already on how you're approaching things. With us moving to your tokenomics, 9% of the total supply will be reserved for airdrops (as stated on the website), which brings me to the question on how can community members participate in the chance to win the airdrop?

BABYSHIB
I mentioned this question to you privately earlier. Due to my negligence, I didn't update the token allocation on the website in time. The actual allocation for airdrops is 15%.

QUESTION #9
The question remains the same, even though the values are changed currently, how can participants that are interested join the competition?

BABYSHIB
In previous activities, we used some airdrops to create momentum for ourselves. Later on, these will be used to reward key contributors within the community. However, most of these were mapped tokens. Many people are aware that we had a launch a few days ago, which was the result of actions taken by other team members without proper coordination. The person responsible for this has since been dismissed. But what I want to address is not that incident. Due to insufficient preparation, the launch achieved only a 5X result, which I consider a failure and not aligned with my plans. I took immediate action to address this issue, compensating and refunding all token holders. However, many people continue to support us and decline the refunds, opting to hold onto $BABYSHIB instead. This is reassuring to me as it indicates the foundation of our community strength. This is why the airdrop allocation has increased. Due to the failure to update the website in a timely manner, I am addressing these unfortunate matters.

However, these issues have now been perfectly resolved, and we are gearing up for a flawlessly prepared launch.

QUESTION #10
Once again, I thank you for the additional transparency and I'm sure that the community as well will be more than happy to understand why the change of tokenomics appeared in the first place. Thank you! Just the last question from my end before we move on to community questions, let's touch upon marketing for a little bit Since marketing is especially quite an important aspect to build your community and get people engaged in what you have to offer, could you do a quick rundown of the plans you have for the upcoming presale as well as post-launch?

BABYSHIB
With the presale set to begin tomorrow, we have allocated 200 whitelist spots. Some of these spots have been reserved for well-known cryptocurrency KOLs and communities in China, enhancing our visibility. Currently, we are also in talks with KOLs outside of China to further expand our reach. The whitelist serves as a means to increase recognition and exposure, benefiting those who strongly support us. Based on this foundation, I am extremely confident in the success of our presale launch. Now, I'd like to discuss our post-launch marketing plan.

We will be reaching out to globally renowned KOLs to collaborate with our initiative. I have also made attempts to establish contact with the SHIB team. Most of the arrangements have been successfully completed, and we spare no effort. As long as there is a chance for development, we are willing to give our all.

COMMUNITY QUESTION #1
Some people are finding it hard to use Shibarium, with delays as well as lack of clarity in bridging $BONE. How do you address this problem and make it user friendly?

BABYSHIB
The issue at hand has been improved, although not yet perfected. As a developer, I often interact and understand the underlying problems. I believe Shibarium will handle this well, and it's due to the lack of transparency that I completed KYC to obtain additional trust. Originally, we had applied for a contract audit, but due to Shibarium's circumstances, our audit cannot be expedited and requires time to await network improvements before proceeding.Regarding SWAP, I conducted thorough testing since I had previously launched a project. BALLSWAP is truly user-friendly and smooth to use, with no issues. This is why we chose to collaborate with BALLSWAP. Given the numerous scams in the Shibarium network, I am a trustworthy partner, and currently, I am the only project that has completed KYC.

COMMUNITY QUESTION #2
I see Charity section on website but not allocated amount for Charities on Tokenomics. How could you explain this?

BABYSHIB
I mentioned this earlier. The majority of the charity funds will come from the transaction tax rate. Many project teams may list allocation amounts, but those might not be genuine. As you're aware, there are many scams in the space. However, I'm committed to transparency. Even if I were to achieve just a 1% transaction tax rate, it would still amount to a significant sum, allowing us to make substantial charitable donations.

COMMUNITY QUESTION #3
I saw something relating about the "Bone token" on their blog and it states that the team will mint the leftover and renounce the contract before transitioning into Shibarium their layer2 blockchain but then it states that a significant portion of BONE is allocated to the first role in their upcoming system, VALIDATORS. BONE will also serve as your passport to the future, So just wanted to know what this all means like how the BONE token will be needed in this ecosystem

BABYSHIB
This question has a lot of content. I have previously sent detailed tweets. https://twitter.com/BabyShibarium/status/1690435458072010752?s=20 https://twitter.com/BabyShibarium/status/1690803868962267136?s=20 https://twitter.com/BabyShibarium/status/1690816356747444224?s=20

COMMUNITY QUESTION #4
Any possibility to %3 fees in long run following any buyback and burn?

BABYSHIB
As I mentioned before, as long as it allows us to develop and grow, I will seize every opportunity and spare no effort, which is definitely included in it

COMMUNITY QUESTION #5
Could you please elaborate on the specific strategies and tactics employed by BabyShib to ensure the massive marketing campaign's success and the subsequent listing on CoinMarketCap and CoinGecko with 2000 holders?

BABYSHIB
Actually, logging in to CMC and CG may be done in advance, as this is something I must do. Therefore, the number of coin holders does not affect my ability to complete this task. As long as I have sufficient trading volume, I can ensure that I can log in

COMMUNITY QUESTION #5
Will burn process go automatically? I can't find full documents to read out, will you update whitepaper or documents?

BABYSHIB
Yes, it will be automated, and all more detailed information and white papers will be presented on the latest official website

COMMUNITY QUESTION #6
My question is on the website you said all Shib baby holders simply needs too have the Shib token in their wallet which will automatically send like bonuses to holders so I just wanna ask will they be certain or specific amount of token we need to hold to be among? Or is it for all holders holding shib token?

BABYSHIB
100 million BabyShib, The initial value is approximately 3 BONE.

COMMUNITY QUESTION #7
It’s stated in your website that BabyShib coin holders automatically collect 3% of fees from every transaction occurring on the Shibarium network. How will that 3% be shared to those holders when probably the amount they hold will vary from each other Will it be 3% gotten from fees no matter the amount you hold ?

BABYSHIB
As mentioned earlier, holding 100 million BabyShib tokens would entitle you to a share of BONE tokens based on your proportion of the total holdings. Here's an example: If the transaction fees for this round amount to $100, and let's assume there are a total of 10 billion tokens in circulation, if you hold 100 million tokens, you would receive $1 worth of BONE. If you held 1 billion tokens, you would receive $10 worth of BONE, and so on.

For those of you that missed our text AMA with BabyShib, you came to the right place!

You can find the rundown of everything we touched upon, so you're all ready for their launch on Shibarium.

📱 Check them out at: https://t.me/babyshib_Shibarium1

GEMPAD INTRODUCTION
It's a pleasure to have you here today, usually I do like to start it off with an introduction from my end, but since we're doing things a little bit differently let's just dive right into the introduction from your side.

QUESTION #1
To start it all off, could you share some brief information about the team behind BabyShib and perhaps your experience in DeFi?

BABYSHIB
Our team comes from China and are members of the SHIBARMY. We have had good results and failures before, with a maximum score of 1000X. However, it is not convenient for me to disclose the project name.

QUESTION #2
To continue with the conversation here, I'd like to dive into the blockchain of choice, which is of course Shibarium. Was this something you originally planned to use for your token, or were you more so following the hype of the chain?

BABYSHIB
At the beginning, we had a plan, but it started relatively late.

QUESTION #3
To do a little bit of an add on from my end to your answer, what other chains were you also considering as an option before finally deciding to go with Shibarium?

BABYSHIB
Babyshib chooses Shibarium as the only option and will not consider anything else.

QUESTION #4
Thank you for the additional clarity on the matter. Moving on to the fact that you technically are a Memecoin, but not your average token with no utilities as you do have rewards for holders, which are taken from the 2% tax portion of buys and sells.To go into more specifics, which token is used to pay out dividends and are all holders eligible for rewards regardless of the amount of tokens they hold?

BABYSHIB
We have achieved significant milestones on other blockchains, but I believe it's not enough. I need to seize a new opportunity, and Shibarium is that opportunity. Right now, it's like a baby, and just like a baby, it will grow steadily over time.

QUESTION #5
That is perfectly understandable yes, I'm asking you about the dividends you'll provide to your holders, in which token will you pay them out?

BABYSHIB
We distribute BONE as a dividend to the holders, where you need to hold 100000000 tokens to receive a dividend reward. The initial value of 100 million tokens is approximately 3 BONE.

QUESTION #6
Now with information on the website being currently quite limited, I do understand you'll start with further developments of potential other utilities as time progresses, so after a smooth launch and once everything is as stable as possible. To move on to the second aspect of utilities that is currently available for the public, I'm talking about charity. Again, not much information is revealed regarding that as of this moment, but it is a section visible on your website. So i figured we'd go into specifics here, what charities will you target, where will the funding for donations come from?

BABYSHIB
Most of the donations come from marketing taxes, as donations are not only for charity, but also increase our exposure. A new website is being developed, so the current website information is somewhat incomplete

QUESTION #7
I hear you loud and clear, additional transparency is always appreciated. And since we are talking about upcoming utilities and what you'll have in store for your holders, I wanted to ask you if you're planning on perhaps having your own NFTs?Since you're going for branding that people will find adorable, I would assume that NFTs in the form of baby Shibas would also be something a lot of people would desire, are you thinking of doing something similar to that in the future?

BABYSHIB
The NFT plan has not been considered yet. The first thing I need to do is to gain everyone's recognition and make $BABYSHIB a valuable gem. Once recognized by others, I believe that both NFT and other plans have a strong foundation

QUESTION #8
Noted. Good to know you have the plans set in stone already on how you're approaching things. With us moving to your tokenomics, 9% of the total supply will be reserved for airdrops (as stated on the website), which brings me to the question on how can community members participate in the chance to win the airdrop?

BABYSHIB
I mentioned this question to you privately earlier. Due to my negligence, I didn't update the token allocation on the website in time. The actual allocation for airdrops is 15%.

QUESTION #9
The question remains the same, even though the values are changed currently, how can participants that are interested join the competition?

BABYSHIB
In previous activities, we used some airdrops to create momentum for ourselves. Later on, these will be used to reward key contributors within the community. However, most of these were mapped tokens. Many people are aware that we had a launch a few days ago, which was the result of actions taken by other team members without proper coordination. The person responsible for this has since been dismissed. But what I want to address is not that incident. Due to insufficient preparation, the launch achieved only a 5X result, which I consider a failure and not aligned with my plans. I took immediate action to address this issue, compensating and refunding all token holders. However, many people continue to support us and decline the refunds, opting to hold onto $BABYSHIB instead. This is reassuring to me as it indicates the foundation of our community strength. This is why the airdrop allocation has increased. Due to the failure to update the website in a timely manner, I am addressing these unfortunate matters.

However, these issues have now been perfectly resolved, and we are gearing up for a flawlessly prepared launch.

QUESTION #10
Once again, I thank you for the additional transparency and I'm sure that the community as well will be more than happy to understand why the change of tokenomics appeared in the first place. Thank you! Just the last question from my end before we move on to community questions, let's touch upon marketing for a little bit Since marketing is especially quite an important aspect to build your community and get people engaged in what you have to offer, could you do a quick rundown of the plans you have for the upcoming presale as well as post-launch?

BABYSHIB
With the presale set to begin tomorrow, we have allocated 200 whitelist spots. Some of these spots have been reserved for well-known cryptocurrency KOLs and communities in China, enhancing our visibility. Currently, we are also in talks with KOLs outside of China to further expand our reach. The whitelist serves as a means to increase recognition and exposure, benefiting those who strongly support us. Based on this foundation, I am extremely confident in the success of our presale launch. Now, I'd like to discuss our post-launch marketing plan.

We will be reaching out to globally renowned KOLs to collaborate with our initiative. I have also made attempts to establish contact with the SHIB team. Most of the arrangements have been successfully completed, and we spare no effort. As long as there is a chance for development, we are willing to give our all.

COMMUNITY QUESTION #1
Some people are finding it hard to use Shibarium, with delays as well as lack of clarity in bridging $BONE. How do you address this problem and make it user friendly?

BABYSHIB
The issue at hand has been improved, although not yet perfected. As a developer, I often interact and understand the underlying problems. I believe Shibarium will handle this well, and it's due to the lack of transparency that I completed KYC to obtain additional trust. Originally, we had applied for a contract audit, but due to Shibarium's circumstances, our audit cannot be expedited and requires time to await network improvements before proceeding.Regarding SWAP, I conducted thorough testing since I had previously launched a project. BALLSWAP is truly user-friendly and smooth to use, with no issues. This is why we chose to collaborate with BALLSWAP. Given the numerous scams in the Shibarium network, I am a trustworthy partner, and currently, I am the only project that has completed KYC.

COMMUNITY QUESTION #2
I see Charity section on website but not allocated amount for Charities on Tokenomics. How could you explain this?

BABYSHIB
I mentioned this earlier. The majority of the charity funds will come from the transaction tax rate. Many project teams may list allocation amounts, but those might not be genuine. As you're aware, there are many scams in the space. However, I'm committed to transparency. Even if I were to achieve just a 1% transaction tax rate, it would still amount to a significant sum, allowing us to make substantial charitable donations.

COMMUNITY QUESTION #3
I saw something relating about the "Bone token" on their blog and it states that the team will mint the leftover and renounce the contract before transitioning into Shibarium their layer2 blockchain but then it states that a significant portion of BONE is allocated to the first role in their upcoming system, VALIDATORS. BONE will also serve as your passport to the future, So just wanted to know what this all means like how the BONE token will be needed in this ecosystem

BABYSHIB
This question has a lot of content. I have previously sent detailed tweets. https://twitter.com/BabyShibarium/status/1690435458072010752?s=20 https://twitter.com/BabyShibarium/status/1690803868962267136?s=20 https://twitter.com/BabyShibarium/status/1690816356747444224?s=20

COMMUNITY QUESTION #4
Any possibility to %3 fees in long run following any buyback and burn?

BABYSHIB
As I mentioned before, as long as it allows us to develop and grow, I will seize every opportunity and spare no effort, which is definitely included in it

COMMUNITY QUESTION #5
Could you please elaborate on the specific strategies and tactics employed by BabyShib to ensure the massive marketing campaign's success and the subsequent listing on CoinMarketCap and CoinGecko with 2000 holders?

BABYSHIB
Actually, logging in to CMC and CG may be done in advance, as this is something I must do. Therefore, the number of coin holders does not affect my ability to complete this task. As long as I have sufficient trading volume, I can ensure that I can log in

COMMUNITY QUESTION #5
Will burn process go automatically? I can't find full documents to read out, will you update whitepaper or documents?

BABYSHIB
Yes, it will be automated, and all more detailed information and white papers will be presented on the latest official website

COMMUNITY QUESTION #6
My question is on the website you said all Shib baby holders simply needs too have the Shib token in their wallet which will automatically send like bonuses to holders so I just wanna ask will they be certain or specific amount of token we need to hold to be among? Or is it for all holders holding shib token?

BABYSHIB
100 million BabyShib, The initial value is approximately 3 BONE.

COMMUNITY QUESTION #7
It’s stated in your website that BabyShib coin holders automatically collect 3% of fees from every transaction occurring on the Shibarium network. How will that 3% be shared to those holders when probably the amount they hold will vary from each other Will it be 3% gotten from fees no matter the amount you hold ?

BABYSHIB
As mentioned earlier, holding 100 million BabyShib tokens would entitle you to a share of BONE tokens based on your proportion of the total holdings. Here's an example: If the transaction fees for this round amount to $100, and let's assume there are a total of 10 billion tokens in circulation, if you hold 100 million tokens, you would receive $1 worth of BONE. If you held 1 billion tokens, you would receive $10 worth of BONE, and so on.