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USDEBT

WHAT IS USDEBT?

USDEBT is the first social cause and economic meme token, delivering a message focused on the escalating U.S. national debt and how it drives the rise of crypto. USDEBT raises awareness of this serious issue by leveraging satire and humor to provoke community members to increase engagement by expressing their voices and sharing information. USDEBT was minted on May 19, 2023 on the Ethereum blockchain.

WHO ARE THE FOUNDERS OF USDEBT?

The principal founder of USDEBT is Alvin Tanpoco, who has worked in the Fintech space for over 20 years. His experience includes working in R&D, Product Management, and as VP of Business Development at a provider of high-performance electronic trading software. Alvin is also the primary founder behind PriceChain Labs Inc. – that focuses on leveraging crypto to provide an improved scalable way of tracking consumer-related prices and inflation.

USDEBT founders also include seasoned veterans in the Fintech industry with a rich history of leadership, R&D, software and business development, sales, and trading. Collectively, the founders have over 100 years of relevant experience that was tapped to develop and launch USDEBT.

The idea behind USDEBT came unexpectedly while Alvin and other founders were working together on the PriceChain Labs project.

WHAT MAKES USDEBT UNIQUE?

USDEBT is the first combined social cause meme token. In particular, it is the first economic meme token. USDEBT differs from other meme tokens that provide value and entertainment because of their connection to cultural phenomena. Instead of tokenizing a pre-existing cultural meme, USDEBT uniquely created and tokenized a new meme, “USDEBT - #ItOnlyGoesUp!”, using humor, satire, and sarcasm to deliver a simple message to spark a community interested in the underlying serious social and economic issue to which the meme is directed. In USDEBT’s initial phase, all of its utility is embodied in its economic message, provoking meaningful discourse about traditional monetary systems to spread awareness about crypto’s benefits.

USDEBT was launched with a fixed maximum supply serving as a marker to highlight and remind all of the skyrocketing U.S. national debt. With this fixed supply, USDEBT was designed to be deflationary.

HOW MANY USDEBT COINS ARE IN CIRCULATION?

USDEBT has a fixed maximum supply of 32 trillion tokens, corresponding to the US national debt near the launch date. The deployer contract was sent to a null address, and the founding liquidity has been renounced. (Renounce link) In the short time since the launch of USDEBT, the U.S. National Debt has risen above $34 Trillion - sparking the birth of a new economic indicator called the USDEBT Gap, which is the difference between the current U.S. National Debt and the fixed supply of USDEBT.

HOW IS USDEBT SECURED?

USDEBT is an ERC-20 token on the Ethereum blockchain, which is secured by the Proof-of-Stake (PoS) consensus mechanism. Decentralized validators stake 32 ETH to process transactions and secure the network.

WHERE CAN YOU BUY USDEBT?

USDEBT is available on Uniswap V2 and BaseSwap on the Base Layer 2 chain.

Related Pages:

The website for USDEBT is at: https://www.usdebtmemecoin.com/ The following are social media links at X (formerly Twitter), Telegram, and Discord: 1. https://twitter.com/USDebtCoin, 2. https://t.me/usdebtmemecoin, and 3. https://discord.com/invite/SJzYmygXJV [invite required].