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Kobushi (KOBUSHI) is a cryptocurrency token characterized by its unique tokenomics and a total supply of 420,690,000,000 coins. The liquidity provision of this token has been burnt, indicating a commitment to token scarcity and a stable supply. Notably, the tax rate associated with transactions using Kobushi is set to zero, while minting has been revoked, ensuring that only the established supply will circulate in the market.
The inspiration behind the name Kobushi derives from a baby pygmy hippo residing at Ueno Zoo. It gained its name through a public voting contest, securing 1,720 votes, surpassing its closest competitor. The choice of the name also has botanical significance, as it references the Kobushi magnolia, a blooming flower in Japan that symbolizes new beginnings, aligning with the vision for this innovative token.
Notably, pygmy hippos are at risk, with numbers dwindling to only 2,000–3,000 remaining in the wild. Kobushi, which is expected to grow between 400 and 600 pounds, represents a broader conservation effort for this endangered species. The project reflects a commitment to the crypto space and the importance of wildlife preservation and environmental awareness.
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