The Shield Protocol Token (SHIELD) is a cryptocurrency project that aims to research and develop security measures to help people invest in the crypto market safer and smarter. The project brings together multiple reputable security projects specializing in KYC, Contract Auditing, Wallet Screening, and Token Distribution to provide the crypto community with a comprehensive and multi-faceted process to verify the legitimacy of new and existing tokens for investors.
Shield Protocol focuses on four key pillars of security: KYC, Contract Audit, Wallet Screening, and Token Distribution. Through these measures, the project aims to ensure the trustworthiness and legitimacy of tokens in the market. The team has published a whitepaper and product guide, outlining their mission, tokenomics, and roadmap. They also have plans to release a Shield Database, offer a Shield Swap service, and create a community area for users to engage and exchange information.
With a total supply of 1,000,000,000 tokens, Shield Protocol aims to empower investors by providing them with reliable security solutions. The project has a dynamic sales tax model, starting at 16% and decreasing by 1% each week until reaching 10% after six weeks. The team’s roadmap includes milestones such as growing their Telegram community, partnering with security projects, achieving listings on CoinGecko and CoinMarketCap, and releasing various features and tools to enhance user experience and security.