TOSHI is a meme coin launched on the Base blockchain. As a meme coin, Toshi has limited utility and is most notable for its cultural relevance. According to official communications, the project aims to extend utility beyond its meme coin status through a suite of tools called ToshiTools, and decentralize governance through the MEOW DAO.
TOSHI is natively deployed on the Base Layer 2. The token benefits from the scalability and low fees of Base while transactions are settled to Ethereum.
The team that launched TOSHI is anonymous and the project creators renounced contract ownership, meaning the original creators no longer control the smart contract, a move that helps ensure transparency. TOSHI is expanding its decentralized governance and decision making through the MEOW DAO, the community of TOSHI holders.
TOSHI is a meme token on Base. The team behind TOSHI have stated they plan to evolve TOSHI into a DeFi-focused token, offering tools for the Base blockchain ecosystem though such functionality is still being built.
TOSHI was launched in August 2023. At the same time, the project also introduced the NFToshis NFT collection.
The total supply of TOSHI is 420.69 billion tokens. The contract has been renounced, meaning it cannot be altered. TOSHI’s price and supply dynamics are subject to high volatility, typical of meme coins.
