In recent years, meme-inspired cryptos have experienced a surge in popularity within the web 3.0 landscape, particularly since the industry’s boom in 2021.
Love Hate Inu (LHINU) is a standout newcomer in this space, a platform that introduces an innovative Web3 concept poised to transform the $3 billion poll and survey industry.
The Love Hate Inu platform uses a vote-to-earn approach, encouraging people to participate in polls and surveys. As a reward for their involvement, participants receive $LHINU tokens. While this concept resembles governance structures commonly utilized in decentralized blockchain initiatives, it surpasses them by granting users the freedom to create any survey they wish to.
Leveraging blockchain for conducting polls, Love Hate Inu offers a voting mechanism that is demonstrably fair, immutable, and resistant to tampering. This ensures that the outcomes of the votes are accessible and free from manipulation.
The platform has witnessed significant excitement within the cryptocurrency sphere. As a testament to this enthusiasm, Love Hate Inu secured over $2 million in just a few weeks of its presale phase launch.
Love Hate Inu’s Presale Advances to the Third Phase
The Love Hate Inu project has completed its 2nd presale stage and is now entering the third stage of its ICO. With this transition, investors have shown increased interest in securing the tokens alongside an increase in $LHINU’s price.
Within only six days of the token sale’s commencement, Love Hate Inu hit its first achievement by raising $500,000 USDT. The utility meme coin has garnered the attention of many, who realize its prospects and the earning opportunity it presents through voicing opinions on polls and surveys.
Upon the conclusion of the second phase, the platform has raised over $2 million in funds. At press time, the project’s presale page indicates that 1 $LHINU is priced at $0.000095 USDT. Love Hate Inu has secured nearly $2,065,733 USDT and aims to achieve the $3,037,500 USDT target next.
$LHINU’s price is set to rise to $0.000105 USDT per token in the next stage in slightly over 6 days as it rushes through its third presale stage. Every successive phase will introduce additional price increases. The ICO comprises eight stages, with the final stage setting the $LHINU price at $0.000145 USDT per token. Upon its Initial Exchange Offering (IEO) debut, $LHINU will maintain this price, with 90 billion units circulating.
Each stage will release 12.5% of the total tokens during the eight stages, targeting a cumulative amount of $10,068,750 by the offering’s conclusion. The entire token supply consists of 100 billion tokens, with the presale constituting 90% of that amount. The remaining 10% will be allocated for liquidity support, exchange listings, and incentive-based rewards.
| 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 |
How Does Stake-to-Vote Work?
To participate in voting, users must stake $LHINU for 30 days. This method has been implemented to prevent potential interference from spam bots and “brigading activists” who might try to manipulate the voting outcome.
Consequently, the platform adopts this innovative tactic to boost security and preserve the integrity of the votes.
As users stake more $LHINU tokens for extended periods, their voting influence increases. As a result, Love Hate Inu offers significant benefits to Web3 initiatives and brands in search of genuine insights on a range of topics and questions.
Love Hate Inu is committed to creating multiple partnerships to deliver sponsored content, which could lead to unique rewards for the project through collaboration with these partners.
Embracing its identity as a meme coin project, the platform aims to create an enjoyable and shareable experience, creating viral content when possible. This strategy enables the online community to participate in lively discussions and obtain authentic outcomes from votes on various popular subjects.
Love Hate Inu’s Decentralized Future: Expanding Horizons
Initially, Love Hate Inu, a wholly decentralized endeavor, will produce the first batch of polls. Their primary objective is to empower users and external parties to create their polls and questions by the fourth quarter of this year.
With the onset of 2024, Love Hate Inu intends to integrate a voting system into various leading metaverse platforms within Ethereum’s network. This calculated approach will lay the foundation for prospective partnerships with numerous pre-existing projects, ultimately enhancing its presence and influence in the digital landscape.
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Source: https://coinpedia.org/information/vote-to-earn-token-love-hate-inu-hits-2m-funding-and-moves-to-phase-3-of-presale/