Cheems X: Why Another Meme Coin?
Last updated
Last updated
If you are here to make quick money, then this project is not for you. Yes, you can make money from this project, but our goal is not to make quick x of your initial, but to build a fun community with membership benefits, utility and sustainability.
Projects do not succeed just because it had great ideas. Great protocol (like thousands of self-reflecting meme coins) failed because community and devs has no love or passion for the token. They are all driven by quick profit and pump and dump. For a project to succeed, it needs many great people to participate in great ideas like the frog nation as a first step. But why great people like Daniele and his frog community failed? Because protocol like OHM is unsustainable at the very root and based on false premise that people will hold the coin longer than others. How about combining a self-sustainable bullet proof protocol + Great people and community together. This is what we want to build.
People forgot what is the main thesis of meme coin. Meme tokens are community driven, and it gives ownership to the community. You love Meme token because you love the community and idea (just like you like your dog). Meme coins should be also useful like the dog. Dogs can run faster than its master, so does meme token. It can make you more x quicker than the regular blue chip! Dogs give you company, love and fun. Meme community should be full of fun! Dog works for you (fetches things for you). Our meme token will fetch reflections and YAAS yields for you! Dog gives you company where you don't want to go alone and give you access to new places. Our meme token will give you access to exciting new projects, private club, like NFT club with exclusive membership benefits and access to WL for new projects that we will have partnerships with.
So we want to create a such a meme coin, that you will love to hold and want be part of the community, as well as have great utility (reflections, NFT minting, in-game currency, Social tipping, Charity and more!)
This project we are building not for a quick profit (yes, you can make profit from this project, but that is not our goal). With our DEGEN plays [if you follow me in twitter], we are already making good money is short time. Building a good project is counterproductive in terms of making money because it takes more time and effort than Degen profits!
However, some people just love to build and create. So we are building the meme token anyway with three simple visions:
Fun.
Benefit of the companionship of community.
Utility