Australia, October 7th, 2024 – Coinscribble by Coinbound / CrazyMeme has designed an innovative linear release mechanism, similar to a Dutch auction, to ensure the fairest token distribution.
Why is it the fairest?
What is often referred to as the fair launch of meme coins is actually highly unfair, as insiders can purchase a large amount of tokens at a low cost in advance.
To solve this issue, CrazyMeme has implemented a timed Dutch auction mechanism, preventing early participants from purchasing tokens at low prices.
This ensures that a broader range of people have an equal opportunity to buy in, similar to Bitcoin and Dogecoin, thereby achieving true fairness.
Key Features
● No pre-sale
● No team allocation
● Ownership renounced
● No freeze authority
● No mint authority
● Liquidity pool permanently locked
How to play?
Step 1:Create a Meme Token
Pay 1 SOL to receive 500k tokens (0.05% of the total supply) and create the token with no creation fee.
Step 2:Add Liquidity on CrazySwap
The 1 SOL will be used to add liquidity along with an additional 500k tokens (0.05%) on CrazySwap.
All liquidity will be permanently locked.The deployer cannot withdraw or remove the liquidity.
To keep the contract simple and safe, CrazySwap does not allow users to add liquidity on their own.
Step 3:Token Auction
999M tokens(99.9%) will be linearly released into the liquidity per block over the selected auction period (1 hour, 6 hours, 12 hours, or 1–365 days).
If no one buys during the auction, the price will automatically decrease linearly.
Step 4:Trade on CrazySwap
CrazySwap uses a standard AMM trading model, based on the equation z=x*y.
Step 5:Trading Fee Allocation
A 2% trading fee will be charged on each transaction.
50% of the trading fees will go to the creator, with the other 50% allocated to the protocol.
Crazy Token Airdrop
Token name:CrazyMeme
Token ticker:CRAZY
Total supply:100B
Token Allocation:
45%(45B),Twitter Airdrop.
Users will receive Twitter airdrops based on their overall Twitter score.
40%(40B),Address Airdrop.
Addresses with a total balance exceeding $500 at the time of the snapshot will be eligible to receive 10,000 $CRAZY Tokens.
Snapshot time:October 1, 2024 09:20:17 UTC
5%(5B),Creation&Trading Airdrop.
Users will receive 50,000 $CRAZY as a reward for each creation and trading rewards based on their trading volume.
Trading Rewards=Trading Volume(sol)*1,000.
10%(10B),Listing&Liquidity.
Invitation Airdrop
You will receive 10% of the total airdrop amount earned by the people you invite as a referral reward.
CRAZY Token Utility
By holding CRAZY tokens, users can enjoy trading fee discounts ranging from 20% to 50%, depending on the amount of $CRAZY they hold.
The huge airdrop is now live.Crazy go!
All Contracts:
CrazyMeme Contract:
https://solscan.io/account/CRAZYtDT9DFFQhPMvi9kS3FURoVKh9sAv47fzyiT1YH1
CRAZY Token Address:
https://solscan.io/token/CRAZYruvJ3XWYtDqdEapWvu9ayZRMSvaBJcuWNpxSyBc
Invitation Contract:
https://solscan.io/account/B5LrGrvdsdsmjYQPrg24kneF8DpztYm2RScq1DsbE92B
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