Here's my current plan for funding and distributing
$COCA. Please read. Any input is welcome.
Funding:
The
@Coca_arena ticket will be used by Coca solely for the purpose of raising funds for launch in two ways, fees and profits. Because every ticket trade generates fees to Coca, those fees will be used to buy supply of the token during creation. Also, because Coca already holds 10 tickets, those tickets will be sold just before launch and all funds (initial+profit) will be used to buy supply. The ticket will not be the only source of funding, but for the moment it will be the primary source.
Distribution:
Traders who purchase the
@Coca_arena ticket will be eligible for whitelist, regardless of whether they sell later. Traders who hold any amount of the ticket during snapshot will receive an amount of the total purchased supply proportional to their ticket holdings (like a pre-pre-sale). Because fees and other sources also fund the purchase of supply, snapshot ticket holders will receive more value than their initial investment. More so, once distribution is complete, the token will be majority community owned, which means majority community owned liquidity.
Any thoughts?
