Chibi Dinos PriceHOOPInactive

What is Chibi Dinos (HOOP)?

Chibi Dinos (HOOP) is the governance token powering the Chibi Dinos metaverse, a basketball-inspired ecosystem that combines non-fungible tokens (NFTs), Play-to-Earn gaming, and decentralized finance. The project centers on a collection of 10,000 unique Chibi Dinos NFTs—cute characters wearing dinosaur suits and one of ten randomized basketball jerseys representing different teams. HOOP is a BEP-20 token built on the BNB Smart Chain with a maximum supply of 350,000,000 tokens. HOOP launched in 2021 on BNB Smart Chain; the token was first offered to a limited investor base in July 2022, with the public launch following in June 2022 and the Token Generation Event concluding on September 29, 2022. The token serves as the primary governance and utility asset within the Chibi Dinos ecosystem, which spans the Metaverse and Play-to-Earn gaming. HOOP holders can participate in governance decisions, stake tokens for yield, and use HOOP as the premium currency for acquiring high-end NFT assets within the Chibi Dinos universe.

Key Specifications & Tokenomics

• Name: Chibi Dinos
• Ticker/Symbol: HOOP
• Blockchain: BNB Smart Chain (BNB Chain)
• Token Standard: BEP-20
• Contract Address: 0xF19cfb40B3774dF6Eed83169Ad5aB0Aaf6865F25
• Decimal Places: 18
• Max Supply: 350,000,000 HOOP
• Total Supply: 350,000,000 HOOP
• Circulating Supply: 0 HOOP (per multiple data sources)
• Category: Governance Token, Play-to-Earn, NFT, Gaming
• Official Website: www.chibidinos.io
• Whitepaper: chibi-dinos.gitbook.io/chibi-dinos-whitepaper
• Launch Date: 2021-08-20
• Security Audit: HOOP token contract independently audited by Hacken, status 'Well-secured' (audit reference: hacken.io/audits).
• Token Generation Event: September 29, 2022. Tokens are released on a vesting schedule: Seed Round 0% at TGE with a 1-month cliff and 16-month linear vesting; Private Sale 1 5% at TGE with 12-month linear vesting; Private Sale 2 10% at TGE with 8-month linear vesting; PancakeSwap IFO 20% at TGE with daily linear unlock over 6 months.
• Explorer: bscscan.com

Note: a second BSC contract address (0x8957D1C50e86a41a5373f1dbE1d610602e46913D) is reported by another data source; verify the address on BscScan before any transaction.

Token allocation: Play-to-Earn, Ecosystem & Staking 115,500,000 HOOP; Team & Advisors 70,000,000; Liquidity 34,300,000; Treasury 27,790,000; Marketing & Partnerships 21,000,000 plus 3,710,000 (Syrup Pool); Private Sale 1 22,750,000; Private Sale 2 11,920,000; Seed Round 10,500,000; IFO on PancakeSwap 21,660,000; IDO on Ignition 6,360,000; IDO on GameStarter 4,550,000.

The project raised a total of $4.79 million across seven completed rounds, including a Seed Round and two Private Sales in Q1 2022 and IDOs on GameStarter and Ignition in Q3 2022; the pre-valuation at the latest rounds was $19.25 million.

Who created Chibi Dinos?

Chibi Dinos was developed by parent company ChibiDinos Ltd. The project is led by CEO and Co-founder Jeremy Lindblad, who brings extensive experience in business development and startup ventures. Prior to Chibi Dinos, Lindblad served as head of global business development at Lindblad Expeditions, where he worked with National Geographic on joint expedition initiatives. He also gained experience at Bloomberg Ventures, developing relationships with prominent investors. Co-founder Sean Kelly is a serial entrepreneur who, at age 24, was featured in a Forbes article for his previous venture, Jersey Champs—a million-dollar, one-person business selling jerseys featuring rap artists. Additional partners involved in launching the Chibi Dinos NFT project include Kevin Moses, Dan Rozenberg, and Roxy Jagers.

How does Chibi Dinos work?

The Chibi Dinos ecosystem operates at the intersection of NFT collectibles, competitive gaming, and decentralized governance. At its foundation, the project features 10,000 unique Chibi Dinos NFTs, each characterized by randomized traits and one of ten basketball team jerseys. These NFTs serve as entry points into the broader ecosystem. The HOOP token functions as a governance instrument, allowing holders to vote on key decisions affecting the metaverse, including reward structures, new game levels, partnerships, and brand identity. Additionally, HOOP acts as the premium currency within the Chibi Dinos universe—described as the "gold" of the metaverse—used specifically for buying and selling high-end NFTs and assets that cannot be purchased with standard in-game reward currencies. The gaming component includes arcade-style basketball games such as Primal Hoop, with 1v1 and 3v3 modes planned.

What makes Chibi Dinos unique and valuable?

Chibi Dinos distinguishes itself by balancing governance and utility—two critical value drivers for in-game tokens. Unlike many gaming tokens that focus solely on one dimension, HOOP is designed to provide both democratic control over the metaverse's development and tangible utility for holders. The project emphasizes community-driven decision-making, with HOOP holders having a significant voice in shaping the ecosystem's future. The dual-token economy separates the governance and premium asset layer (HOOP) from standard in-game rewards, creating a tiered system where rare and legendary NFTs require HOOP for acquisition. Furthermore, the HOOP token contract has been independently audited by Hacken and received a 'Well-secured' status (audit reference: hacken.io/audits). The basketball-inspired theme, combined with the Play-to-Earn model and metaverse ambitions, positions Chibi Dinos within the growing intersection of sports, gaming, and blockchain technology. Risks to consider: circulating supply is reported as 0 HOOP, the last recorded trade was in September 2023, and token prices can fall sharply; the project's stated roadmap items such as 1v1 and 3v3 modes are described as planned rather than live.

What is Chibi Dinos used for?

HOOP serves multiple functions within the Chibi Dinos ecosystem. Primarily, it is a governance token that grants holders voting rights on decisions concerning Play-to-Earn game mechanics, media activations, new partnerships, brand identity guidelines, and reward structures. According to the project, HOOP is intended to be staked in DeFi applications launched by Chibi Dinos to earn APR; no specific staking program details or current APR are published. The token also functions as the premium currency for purchasing luxury Chibi Dinos NFTs and high-end assets that are not accessible through standard in-game reward currencies. Additionally, HOOP is awarded to players in key tournaments, provides access to exclusive in-game content such as legendary league tournaments, makes holders eligible for airdrops, and offers access to real-world perks. This multi-faceted utility model aims to create sustained demand and engagement within the ecosystem.

How Is the Chibi Dinos ecosystem developing?

The Chibi Dinos ecosystem has expanded across several dimensions since its inception. The NFT collection of 10,000 unique Dinos forms the foundational layer, with randomized jerseys and traits creating scarcity and collectibility. The gaming vertical includes Primal Hoop, an arcade-style basketball game available to NFT holders, with 1v1 and 3v3 modes in development. HOOP is a BEP-20 token on BNB Smart Chain and is listed on several data platforms and launchpads, but the last recorded trade was on September 3, 2023. HOOP was distributed through launchpad partners including PancakeSwap (IFO), GameStarter (IDO), and Ignition by Paid Network (IDO). Community engagement is maintained through social channels including X/Twitter, Instagram, and LinkedIn. The project has attracted backing from investors including MV Global, Ferrum Network, Game Starter, GSR Markets, Ignition PAID, and Xtream Capital. The roadmap emphasizes continued development of the Play-to-Earn metaverse, expansion of DeFi staking opportunities, and growth of the governance framework.

How to mine Chibi Dinos?

HOOP is a BEP-20 token on BNB Smart Chain with a fixed maximum supply of 350,000,000; it is not mined. New tokens enter circulation only through the pre-allocated Play-to-Earn, Ecosystem & Staking pool (115,500,000 HOOP) and scheduled vesting unlocks, and players earn HOOP through tournament participation and gameplay achievements. The token can also be acquired through staking in DeFi applications launched by the Chibi Dinos team, which offer APR returns to participants. Additionally, HOOP holders may receive tokens through airdrop events. The Play-to-Earn, Ecosystem, and Staking allocation represents the largest token distribution segment at 115.5 million HOOP, specifically designated for rewarding player engagement and ecosystem participation. This model incentivizes active involvement in the Chibi Dinos metaverse rather than traditional mining activities.

How to keep your Chibi Dinos Coin safe?

Securing HOOP tokens requires adherence to established cryptocurrency security practices. Since HOOP operates on the BNB Smart Chain as a BEP-20 token, holders should use compatible wallets that support BSC assets. Hardware wallets provide the highest level of security by keeping private keys offline and protected from online threats. When using software or browser-based wallets, ensure they are obtained from official sources and kept updated with the latest security patches. Never share private keys or seed phrases with anyone, and be cautious of phishing attempts that mimic official Chibi Dinos communications. Verify contract addresses before executing transactions, as fraudulent tokens with similar names may exist. The HOOP token contract has been independently audited by Hacken and received a 'Well-secured' status (audit reference: hacken.io/audits), but individual security responsibility remains paramount. Consider using multiple wallets to separate holdings for different purposes and enable two-factor authentication where available.