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Los Angeles, California–(Newsfile Corp. – April 25, 2022) – B token, Hibiki Finance, has officially acquired rival Binance Smart Chain Project, Olympus Token, further adding to their large amount of existing blockchain tools and games.
About the Acquisitions:
Olympus Token was a joint project spearheaded by the founders of Bingus Network, Bogged Finance and GabeCoin, with the ambitious goal of being the leading rewards token on the Binance Smart Chain network. Olympus Token was the first $BUSD based rewards token, eventually generating over $1,200,000 BUSD for holders, protected by their whale buy-back system dubbed ‘Zeus’. Further on in development, they created The Locker of Ananke, a liquidity and token locking service on BSC in addition to their GameFi project OLYMPUS ROYALE.
Hibiki Finance, best known for their P2E GameFi project Cryptoshoujo, is a multi-chain ecosystem offering tools and services based on Binance Smart Chain, KuCoin Community Chain and Crypto.com’s Cronos network. With their ever-expanding team and limited token supply, Hibiki Finance has seen a 300% increase in value in 2022.
The Future of Hibiki:
Development of Olympus Token’s projects will continue under the Hibiki Finance Banner. Fuwa, project lead and founder of Hibiki Finance, worked closely with Olympus token prior to acquisition as a developer and is very familiar with their respective codebases, making future development post-acquisition incredibly streamlined. All holders of each project will receive the equivalent dollar amount of $HIBIKI (Pair: HIBIKI/BNB) at the time of acquisition.
Hibiki Finance will also continue focusing on expanding and updating their existing DeFi toolset following these major acquisitions. These tools include an NFT marketplace, liquidity locker, token creation tool amongst others. The Project will also shortly be releasing their own presale platform (based on work done for Olympus Token) intending to compete with the likes of DxSale and Pinksale.
In contrast to many other popular DeFi tool suites, Hibiki Finance additionally will be releasing an anti-sniper service. A first of its kind, it will aim to defeat bots unfairly purchasing large amounts of tokens at launch. Snipers, the bane of many DeFi projects, prevent tokens from reaching price targets thanks to the increased sell-pressure, leaving investors on nearly every EVM compatible blockchain at a disadvantage. Token teams looking to launch will be able to purchase this service at a competitive rate, so their launch is as smooth as possible. Hibiki Finance will also be targeting snipers with their token creation tool, which will include anti-sniping functionality as standard.
On top of everything, Hibiki Finance is also working on an undisclosed, innovative, RPG based GameFi project primarily hosted on the Matic blockchain. As development is ongoing, not much has been disclosed about the project, but Hibiki Finance has pegged it to be their biggest release of 2022.
More information about Hibiki Finance can be found at the following links:
Crypto Shoujo: https://t.co/HCdTME5FrE
CMC Listing: https://coinmarketcap.com/currencies/hibiki-finance/
“I am delighted that Olympus have decided to join the Hibiki family. I have worked extensively with both teams in the past and have had excellent relationships developing their projects. Hibiki Finance will make sure that holders of Olympus are welcomed warmly into our community and that they will see their investment grow as we do.” Fuwa (Hibiki Finance Founder)
Company: Hibiki Finance
Email Contact: [email protected]
Media Contact: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/121663