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.