TOSHI
Toshi
$0.00000000AUD
0.000000000000 BTC
Market Cap
92.8M AUD
24H Trade Vol.
22.4M AUD
Total Supply
420.7B
All
1W
1M
1Y
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Price Changes
24H:
0.00%
7D:
0.00%
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What is Toshi?

Toshi is a memecoin project on the Base Layer-2 blockchain, named after Coinbase CEO Brian Armstrong's cat, which in turn was named after the pseudonymous creator of Bitcoin, Satoshi Nakamoto. It aims to become a DeFi protocol symbiotic with Coinbase by offering essential utilities for the Base ecosystem and is traded on decentralized exchange Sushi.com.

How does Toshi work?

Toshi functions as an ERC-20 token on the Base Layer-2 blockchain. It likely uses Proof of Stake (PoS) as its consensus mechanism as it operates on Ethereum's Layer-2 network. It utilizes smart contracts for various functions, following the standard ERC-20 interface to manage transfers, allowances, and token balances.

What are the potential use cases for Toshi?

Toshi's potential use cases include:

  • Arbitrage and trading on exchanges offering various trading pairs.
  • Data accessibility and providing developer tools such as real-time data API.
  • Community engagement through NFT minting and token claiming features.
  • Enabling fast, low-cost payments for e-commerce and charitable donations.
  • Financial management through staking or lending on platforms like Bitget Earn.

It has integrated with over 50,000 merchants and collaborates on projects like NFToshis to enhance its community engagement and utility.

What is the history of Toshi?

Toshi was created as a community-driven memecoin project on the Base Layer-2 blockchain. Significant milestones include:

  • A successful contract migration on SushiSwap with a 3% tax cap in October 2023.
  • An introduction of 3,000 unique NFTs as community-driven projects.
  • Listings on major exchanges like Coinbase and strategic partnerships to enhance its ecosystem.
  • Deployment of various open-source decentralized tools and governance features via the MEOW DAO.

Toshi prioritizes transparency and community involvement, fostering active participation and utility in its ecosystem.

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Frequently Asked Questions (FAQs)