Launched on 4/3/2022 by a team based in the United States, the Subawu Token is a coin on the Binance Smart Chain (BSC). The Subawu Token was explicitly designed to be a community-driven, ownership-renounced token with the ultimate goal to help investors financially. The coin was created with Subaru fans in mind, but is intended for everyone who loves cars.
The token is designed to to conduct all transactions publicly, honestly, and with the intent to allow this cryptocurrency to behave as it should. In an environment free of the fear of rug- pulls, liquidity theft or “pumping and dumping,” this token can progress as far as the community that supports it.
At the time of minting, 14% of the coin was burned, and 3% of the coin is locked into a dual-signature marketing wallet for the purpose of charitable donations. Shortly thereafter, ownership of the project was renounced by sending the initial capital and project liquidity to its burn address. This cannot be reversed. 2% of each transaction is redistributed to SUBAWU holders; one can earn more by simply holding the token
The Subawu Token project has a six-stage road map, with the first starting in March, 2022. Each of the following five stages will contain opportunities for charitable donations, based on reaching market cap goals.
The token will eventually be used in conjunction with NFTs.
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