【BlockBeats】A Chinese Meme coin project within the BSC ecosystem recently disclosed its operational details. The project team stated that after the successful launch of the product, they have a clear plan for the various donations received: the funds will be used for server maintenance, API costs, and the salaries of the operational team. The concept for the official foundation is to destroy 50% of the received donations and donate the remaining 50% entirely to charitable organizations. Additionally, BNB obtained through token transaction taxes will also be fully donated to support charitable causes.
When receiving donation tokens, the project team has exercised careful consideration. They initially planned to announce the types of tokens accepted only after the product launch, but given that some highly controlled “air coins” might exploit the opportunity to make large donations to boost their reputation, this approach could be harmful to the community. The final plan is to accept either only BNB or only tokens from major BSC ecosystem DEXs to ensure the true value of the funds and protect community interests.
Regarding the NFT mechanism, donors have the opportunity to receive a permanent high-level access certificate, symbolizing the goodwill and merit of their donation, similar to an electronic donation certificate. These NFTs do not support secondary market resale.
According to data, the project’s market cap is currently reported at $8.66 million, down 56.5% in the past 24 hours, with a trading volume of $25.85 million during the same period, reflecting fluctuations in market enthusiasm.
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ShitcoinArbitrageur
· 01-13 04:02
50 destruction, 50 charity, sounds quite moral, but I'm afraid executing it might be another story.
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BitcoinDaddy
· 01-13 04:01
50% burn, 50% charity. Why does this pattern feel so familiar? It's another "we're different" promise.
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SchrodingerGas
· 01-13 03:56
50% burn, 50% charity? Can this kind of rhetoric hold up on the blockchain? What about on-chain evidence?
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MEV_Whisperer
· 01-13 03:55
50% burn, 50% charity. This kind of rhetoric really sounds suspicious. Who can guarantee that this isn't just another scheme to collect an IQ tax?
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StakeTillRetire
· 01-13 03:54
50% burn, 50% charity. Sounds good, but I've heard this kind of rhetoric too many times. The key is how it will be executed moving forward.
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Tokenomics911
· 01-13 03:33
50% burn, 50% charity? Sounds good, but I don't know how it will be implemented later. The biggest fear with projects like this is making promises but not following through.
BSC Meme Coin Project Founder Details Operating Plan: 50% Donation Burn, NFT Non-Resale Design
【BlockBeats】A Chinese Meme coin project within the BSC ecosystem recently disclosed its operational details. The project team stated that after the successful launch of the product, they have a clear plan for the various donations received: the funds will be used for server maintenance, API costs, and the salaries of the operational team. The concept for the official foundation is to destroy 50% of the received donations and donate the remaining 50% entirely to charitable organizations. Additionally, BNB obtained through token transaction taxes will also be fully donated to support charitable causes.
When receiving donation tokens, the project team has exercised careful consideration. They initially planned to announce the types of tokens accepted only after the product launch, but given that some highly controlled “air coins” might exploit the opportunity to make large donations to boost their reputation, this approach could be harmful to the community. The final plan is to accept either only BNB or only tokens from major BSC ecosystem DEXs to ensure the true value of the funds and protect community interests.
Regarding the NFT mechanism, donors have the opportunity to receive a permanent high-level access certificate, symbolizing the goodwill and merit of their donation, similar to an electronic donation certificate. These NFTs do not support secondary market resale.
According to data, the project’s market cap is currently reported at $8.66 million, down 56.5% in the past 24 hours, with a trading volume of $25.85 million during the same period, reflecting fluctuations in market enthusiasm.