Choose Your Own Memecoin is a novel and engaging tokenomics experiment that puts the power in the hands of the community. In this experiment, users can vote on various parameters that will determine the tokenomics of a new memecoin, effectively shaping the project's future through a gamified voting process.
The voting system is designed to incentivize users to participate actively and strategize their votes to maximize their potential rewards. The catch? There's a constantly approaching "Final Countdown" window that, if reached, will lock in the current tokenomics parameters. However, this window can be pushed back through continued voting.
Here are the key parameters that users can vote on:
Total Supply: Users can vote to increase or decrease the total supply of the memecoin in increments of 1,000 tokens per vote.
Coins Granted per Vote: Users can vote to adjust the number of coins they will receive as an airdrop for each vote cast, with an increment of 1 coin per vote.
Coins Minted per 1 ETH/~20 SOL: Users can vote on the number of coins minted for every 1 ETH or approximately 20 SOL invested, with an increment of 100 coins per vote.
Presale Mint Limit: Users can vote to set the maximum number of coins that can be minted during the presale, with an increment of 200 coins per vote.
Total Votes before Final Countdown: Users can vote to determine the total number of votes required before the "Final Countdown" phase is triggered, with an increment of 1 vote per vote.
The voting process is entirely gas-free, allowing users to participate without incurring any transaction fees. The "Coins Granted per Vote" parameter determines the airdrop that voters will receive at the time of the memecoin's mint, incentivizing widespread participation and engagement.
As the voting progresses, users will need to strategize their votes carefully, balancing their desire for personal gain with the overall health and sustainability of the memecoin. Should the community reach a consensus on the tokenomics parameters, the final countdown will be triggered, and the memecoin will be minted with the chosen parameters.
The Choose Your Own Memecoin experiment is a unique and innovative approach to tokenomics, fostering community engagement, gamification, and a sense of collective ownership over the project's future. Whether you're a seasoned crypto enthusiast or a newcomer to the space, this experiment promises an exciting and interactive journey into the world of memecoins.