Introduction of new CHARLES and future plans

3 min readOct 24, 2021

Hi Girls and Guys,

Let’s talk a bit about the new CHARLES Token! :)

Tokenomics of new CHARLES

We are happy to announce that we have increased the amount of the reward by 40% compared to the old CHARLES. The changes also affected the total supply and the taxes too. We have decreased the total supply and increased the price of CHARLES so the total value of your tokens did not change by the migration.

Important: there is no taxes in case of transfer between wallets!

Contract address: 0x650dd3e30bd60ff28e3f1f07e3eb20082cce3d6e

Total supply: 1.000.000.000 pieces

The total buy fee is 14%

·10% reward

· 3% marketing

· 1% development

Sell fee total 18%

· 10% reward

· 4% marketing

· 1% development

· 3% buyback

Presale

The presale pool has been filled in less than 90 seconds with an amount worth of 50 BNB. It was much faster than we expected!

New features and solutions

Shield

One of our new feature is the shield system. It means that the sell fee will be highly increased to protect our holders in case of necessity (for example listings) and to ensure them calm weekends and bank holidays.

With the activated shield system the total sell fee will be 38%: (15% reward, 15% buyback, 7% marketing and 1% development). The shield system will be deactivated step by step to avoid the suddenly dump. You can find the status of the shield next to the name of the Telegram group (green circle — shield down, red circle — shield up).

Buyback

As you can see above the sell fees includes buyback fee, especially in case of shield. Buyback functions is created to recover from dip and will be handled manually in case of necessity.

Reward sending

Rewards will be sent time by time at a pre-announced time to save transaction fees.

Happy hours

There will be time by time happy hours, which means there will not be taxes.

Blacklist

Unfortunately -as you could experience- there were lot of bots by the old CHARLES and they made trading harder of our holders and the project. But with the new contract we are able to protect our holders from the bots! :)

Dashboard

We have changed the storage of our website and we are going to update the dashboard so you can use it soon.

Feature plans

We would like to break away from the basic shitcoin stuff (atomshill, flooding shitcoin groups to death, etc.) Of course we will do everything we can to move these channels in the beginning but we would basically go for quality. We’ll look for groups where there is real investor power and even pay for it. Finding Influencers who post about 20 tokens a day to their fake followers is not an option.

We would like to publish posts on domestic and foreign tech and crypto related sites which are also paid, but have a large reach. As you have already seen on the medium we have already started such a tutorial on Charles Token. This will result in a more concise and inspiring material for shopping.

Short-term

We are finishing the administrative tasks that are needed for the old CHARLES and the new one (change of hosting, bscscan update, voting pages, etc.) Submit the documents needed for listing from small pages to Coingecko and CoinMarketCap.

We will launch the International campaign.

An English tutorial video about Charles is being developed :) This is a part.

Facebook ads

There will be a Twitter campaign

Reddit CMS top post(s)

We will publish articles about Charles on Hungarian and international tech/crypto sites

There will be prize draws and international AMA.

Medium-term

In the previous weeks we were already looking at what pluses we could provide in relation to the token. Advanced discussions have been held regarding farming and staking opportunities. This will be taken forward.

Listing :) There will be a Charles name there. We will not rest until we are out on listing sites.

Long-term

Bridge between BSC and the Cardano network. We have already started to study and work on it.

Real-life use case on Cardano Network.

Special NFTs for CHARLES Holders on Cardano Network.

Other important information

Contract address: 0x650dd3e30bd60ff28e3f1f07e3eb20082cce3d6e

Chart: https://poocoin.app/tokens/0x650dd3e30bd60ff28e3f1f07e3eb20082cce3d6e

Website: https://charlestoken.io/

New dashboard: https://dashboard2.charlestoken.io/

Facebook: https://www.facebook.com/profile.php?id=100072382466748

Discord: https://discord.gg/2uPCkAWrXV