Why the name Mojo?
When we got rugged, there were four of us who were trying to figure out a name for our own project. We were discussing many names, and then one of us came up with Mojo. We liked it because it has a many different meanings...
There is also a phrase about ”getting your mojo back”, and since we had just gotten rugged, this felt more than appropriate.
That is how the name Mojo was born!
From where was the idea of reflections in Shib born?
Well, no one can say no to Shib!
As some may know, this is the V2 version of our contract. In the first contract, we were actually going to give Wrapped ETH as rewards. But, there was some wrong function in the contract, and the liquidity was locked for six months.
Eventually, lots of people lost their passion and ended up selling off. Not many people stayed until the liquidity was unlocked—in fact, in the end, Abb and I were the only ones still on board!
So why Shib reflections?
It’s because Abb and I both first got into crypto because of Shib. Shib was both of our first crypto that we bought in 2021. That is how our crypto journey started.
We both truly believe that Shib will be something big in the world—something really big...
And again: let’s get back to Shiba... Why Shiba?
We truly believe that even only a couple of dollars in Shiba Inu can make a big impact all around the world, regardless of how much money you might have. We also know that in many countries, just a couple of dollars can get people a full day meal for the family.
This is a big part of our vision: to help the poor. So that is also the meaning of Mojo... Every person in the world needs Mojo!
What has the community done to stay positive even with the bear market?
Well, things have not always been easy. The bear market has been difficult for everyone.
From the start, our vision was to help people, and that’s what we have done. We saved the community from a rug. We launched Mojo with our own funds and airdropped tokens to those who were rugged from the previous project. However, most of these people still ended up selling during the V1... This left us with only a few true believers who are still here with us and keep supporting.
Nowadays, I would say that Mojo has a lot of life in its lungs. I am happy to say that Mojo now has a very energetic and wholesome community with lots of GIFs, humor, and even singing... We are all about good vibes and welcome everyone with open arms to join the Mojo family.
Plans on building on Shibarium?
As we all know, Ethereum updates did not really fully solve the problem with the gas fees. Fortunately, here comes Shibarium to help us with all that!
We want people to pay less in gas and, as you all now know, we already have Shiba Inu as the backbone of our Ecosystem.
We believe that people will enjoy having to pay less fees as well as getting nice rewards in Shib. To us, this is a big part of what makes Mojo a true game-changer.
How does the Shib reflection work?
Mojo has a built-in reward token feature inside of the contract.
On each buy and sell, the contract buys Shib and distributes it to all holders based on the percentage of their holdings.
In essence, 2% on all buys goes out to holders in Shib, whereas on sells, the tax is 4% of which 2% goes out in Shib and 2% goes into the liquidity pool.
Mojo holders also do not need to claim anything. The contract does all of this by itself, which means holders will find passive Shib income constantly coming to their wallets as time goes on.
We should also note that Shib reflections have multiple benefits:
1. Mojo holders will always be getting more Shib with volume, regardless of whether people are buying or selling.
2. Mojo is essentially benefiting and giving back to Shib with every single Mojo transaction.
3. If and when the Shiba Inu price goes up, your accumulated Shib reflections' price will also be going up.
Explain the mojo ecosystem.
Well, when we were thinking about launching our token, we wanted to be a token with actual utility. One of the great utilities you already see is, of course, the Shib reflection.
We also have plans on adding more utilities. One of our upcoming features is an AI image generator. This AI generator will support Mojo as the native token and will only be available for our holders.
All updates about the AI generator and many other plans for our ecosystem will be revealed soon in the future.
How can an artist participate in the Mojo crypto gallery?
We would like to feature multiple artists who can share their art on our display in our gallery where people can take a look and even purchase their art.
More information on this, too, will be released soon.
There is a Mojo app in the Android marketplace. Do you have plans for iPhone, too?
Yes, the current app is just a test version.
The final app that we will deliver will be available on both iOS and Android.
Explain your tokenomics in simple terms.
As you guys know, the contract is not renounced, and it’s easy to read the contract on etherscan.io where you can find all the info about our token distribution.
I already mentioned the 2% tax on buys and 4% tax on sells. These are all designed to get the liquidity pool up and give holders Shib reflections.
Currently, we have 8.5 trillion tokens left in circulation.
What is more, this is our V2 contract, which means all holders of V1 were airdropped their tokens based on the old contract, but some people also lost their patience and sold.
The ones from the V1 era who still hold and support us know exactly where we came from and continue to believe in us.
Are there any other future plans that you can share with the community right now?
The future is looking bright for Mojo. Please note that we have already been here for months. Mojo is our baby, and we will continue adding utilities and doing right by our holders.
With love from Abb and Fomo, Unity and Peace
