$BMONEY: The Essence of Our Project — Detailed Supply and Tax Strategy

Warpie
3 min readFeb 21, 2024

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A Deep Dive into What Makes $BMONEY Tick

Welcome back to the $BMONEY medium! Following our introductory post, we’re here to give you a more in-depth understanding of the core aspects of our project. Today, we’re focusing on the supply breakdown, the rationale behind our tax strategy, and the significance of our ticker, $BMONEY.

Detailed Supply Breakdown: Strategic Allocation for Sustainable Growth

Let’s dissect the 10 billion $BMONEY tokens and their strategic distribution:

  • Team Allocation (3%): The locking of the team tokens symbolizes our commitment to the project’s longevity and our confidence in its future success.
  • Centralized Exchanges (CEX) Reserve (8%): Locked and earmarked for ensuring liquidity on centralized exchanges. This reserve is vital for enhancing $BMONEY’s accessibility and trading volume, attracting a broader investor base.
  • Seed Round (23%): Allocated to seed members. This isn’t just about marketing; it’s about building relationships with voices that resonate with our community, expanding our reach and credibility.
  • Tribute to Matt Furie (1%): A respectful nod to the creator of Brett. This allocation is more than just a payment; it’s an acknowledgment of the artistic roots of our project and its cultural significance.
  • Remaining Supply (65%): This substantial portion in the LP is our cornerstone for market stability. It ensures smooth trading experiences and builds investor confidence, safeguarding against volatility.

20/20 Launch Taxes: A Thoughtful Approach to Market Stability

Initially, we will introduce a high tax rate of 20% on buys and sells. Here’s why:

  • Market Stability: High initial taxes are a deterrent against early speculative selling, ensuring a more stable launch period.
  • Project Development Fund: This tax created a significant fund to support the project’s initial stages, from development to community building.
  • Progressive Reduction Plan: We’re gradually lowering these taxes to a sustainable 1% on buys and sells. After the first 48 hours, this will be lowered to zero. This transition reflects our commitment to long-term project health and community trust.

Our Dynamic Tax Strategy: Balancing Growth, Stability, and Community Trust

Our tax strategy is meticulously crafted:

  • Reinvestment for Growth: Taxes are funnelled back into the project, enabling continuous development, effective marketing, and a robust liquidity pool.
  • Dynamic and Responsive: We’re tuned into market responses, ready to adjust our tax strategy for optimal project health and community benefit.
  • Long-Term Focus: This approach underlines our dedication to ensuring $BMONEY’s sustainability and potential for growth, rather than short-term gains.

The Story and Significance of Our Ticker: $BMONEY

Why $BMONEY? It’s more than just a name; it’s a reflection of our identity:

  • Cultural Resonance: “B-Money,” as dubbed by Matt Furie, is not just a name but a symbol of the character’s charm and appeal. By adopting this, we’re bridging the gap between digital currency and digital culture.
  • Authenticity and Legacy: This ticker is a tribute to the origins of Brett, ensuring that our project stays true to its roots. It’s a token with a story, a personality, and a piece of meme culture history.

In conclusion, every aspect of $BMONEY — from our supply distribution to our tax strategy, to the very name we carry — is crafted with a deep understanding of the crypto landscape and a commitment to our community. Stay connected for more insights as we journey together in building a token that’s not just a digital asset, but a cultural landmark.

Warmly,

The $BMONEY Team

Follow Along on Our Official Socials

Website: https://www.brettisbased.com/
Twitter: https://twitter.com/BrettOnBase
Telegram: https://t.me/BrettIsBased
Warpcast: https://warpcast.com/brettisbased
Medium: https://medium.com/@brettisbased

Contact Us at team@brettisbased.com

Note: Please remember, while we’re passionate about our project, the content shared in our Medium posts is for informational purposes only and is not intended as financial advice.

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Warpie
Warpie

Written by Warpie

CA: 0x10c1b6f768e13c624a4a23337f1a5ba5c9be0e4b

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