On May 12, @youyou5202 made a bet with everyone:
"If the price does not increase fivefold within a month, even for a moment, from the current price of $0.0{9}1823, the first 500 users who buy over $5000 (with screenshot and hash proof) will share half of his ZOO OF MEME equity."
A month has passed, and the bet has reached its conclusion—it's time to fulfill the agreement.
@youyou5202 currently holds a personal equity value of 33%.
Reason for dilution: New team members joined and injected 10% equity to @ArbDoge_AI. Also, in the future, as new equity beneficiaries join, the equity of existing members undergoes proportional dilution.)
Eligible participants:
The first 500 buyers of $5000 Hodl before 4:00PM UTC on May 12, whether held as spot, staked, or in LP, are valid as long as there was no selling activity.
Backtracking please visit: https://t.co/SHxnrYwSzY
Equity Composition:
- Token rights: 2.25% of Builder box and 500 OG box rewards.
- 5% tax on ZOO OF MEME points trading fees.
- NFT royalty fee: 7%-9%.
- Commonwealth airdrop income: 1U equivalent BNB for each query and claim.
- Other income will be disclosed periodically.
Equity Distribution Method:
- Equity will be tokenized into NFTs. The holder list will be published on June 30th, and after a 5-day public notice, the NFT Claim and staking system will be opened.
- Income distribution will be in the form of: ZOO OF MEME points airdrops, stablecoins, BNB, and token airdrops.
-To ensure the stability of equity NFT values, scheduled airdrops will be conducted regularly.
**Q&A**
**When is the equity income expected to be distributed?**
The initial distribution is anticipated prior to the launch of @inAtlantis_. This encompasses the allocation of ZOO OF MEME points derived from transaction fees designated for the team. (Details regarding the proportion, quantity, and distribution method will be decided by the team.)
**How can equity holders remain updated on project developments and access information approved for limited public release by the team?**
A dedicated channel will be opened on the HODL Discord(https://t.co/mdSglQ5GlS). Access will be provided upon verification of the NFT being in a staked state.
**Is ZOO OF MEME equity valuable?**
The conclusion is YES.
Firstly, the team's second-largest predictable cash flow stems from the single claim fee for @inAtlantis_ (1U per claim).
Explanation:
This fee is levied to maintain a transparent and specific standard, enabling users to ascertain the number of tokens from confederation projects their EVM or non-EVM addresses can claim. Irrespective of the claim amount, the fee remains fixed at 1U. However, a portion of this fee is allocated to data service providers, while the remainder contributes to the team's long-term development, operational expenses, and team incentives.
After deducting long-term development and operational expenses, team incentive earnings will be periodically unlocked.
In the long term, within the framework of ZOO OF MEME, this project represents a comprehensive meme ecosystem integrating various chains and nations. Anticipated substantial value creation, rewards from constantly building, and income from products are expected.
**Dayou, why did you lose this "bet"? Are you giving us something worthless by slacking off?**
Below is the founder Dayou's sincere explanation:
“No. Whether it was the bet in Hodl or the one within my “planet” chat group, from my perspective at the time, I was making an intuitive decision based on my instinct to use leverage in a project crisis. However, I did not realize that "this was a form of two-way leverage.
I was simply confident that I could definitely make it happen.
In fact, this is true. The first version of @inAtlantis_ (the first round of data screening work and the economics were completed at that time, and the development of the virtual pool was also finished).
This implies that had I pushed for the early launch of the massive airdrop for @inAtlantis_, I could have won this bet at a price five times higher than $0.0{9}1823.
The reason is straightforward. Do not underestimate Dayou, who managed to compete on par with aidoge and PEPE last year without possessing any tokens or manipulating the market. The combination of economics and timing proved to be sufficient.
In the next tweet, I will present some economic and airdrop standards of @Zooofmeme and @inAtlantis_ to substantiate the truth of my statement.
So why did I still choose to give up and not force a win?
Because that was NOT the right way to win.
The initial point I must emphasize is this: As a project founder, I should exercise caution when employing leverage. The collapse of FTX serves as a stark reminder. Fortunately, this realization occurred at an early stage.
On May 16th, following the bet, the price of $HODL had already tripled from its initial value. I was merely 60% short of winning the bet, as I could have utilized the 600,000 USDT worth of AIDOGE I acquired from DWF to swiftly purchase $HODL. Such a move would have secured the win.
But choosing this way, winning is losing—this is very clear.
Alternatively, I could have opted to expedite the launch of @inAtlantis_, leveraged the high staking rate of $HODL for mining ZOO OF MEME points, further constrained the liquidity of $HODL in the market via the ZOO OF MEME launchpad, and capitalized on the robust buying pressure from @inAtlantis_'s burn tax on $HODL to elegantly secure the victory in the bet.
Yet, I didn't do this either.
Because I am clear-headed, I couldn't allow myself to remain bewildered.
This was not the correct course of action. While many elements from the aforementioned 'alternative' would indeed materialize, they would not be executed hastily. If we aspire to establish a genuinely well-prepared, meticulously planned, effectively communicated, fully developed, and thoroughly audited 'commonwealth,' we cannot afford to adopt a rushed approach.
I want to win BIG. This victory will unequivocally shape the success of HODL, the confederation, and the memecoin dynasty of ZOO OF MEME, which I strive to build—an endeavor belonging to the people, rooted in retaining a childlike spirit.
A few days ago, I spoke in metaphor: https://t.co/RbH21j9c8t
"If your right eye causes you to stumble, gouge it out and throw it away. It is better for you to lose one part of your body than for your whole body to be thrown into hell. And if your right hand causes you to stumble, cut it off and throw it away. It is better for you to lose one part of your body than for your whole body to go into hell."
This is from the Bible, Matthew 5:27-30.
It is better to lose one part of your body than for your whole body to be thrown into hell.
The loss I endure is merely personal, yet it stands as the right decision. We mustn't harbor even the slightest wrongful intention or thought. Otherwise, both our enterprise and my soul will gradually be pulled into hell.
Avoid indulging in minor wrongs.
Actually, I have many choices.
Life is a series of choices.
It's about making the right choices.
For instance, deliberating whether to utilize equity income for the repurchase of $Promise. While this action could potentially inflate the price of Promise, it wouldn't be conducive to a healthy or genuine approach. Such a move would signify a misguided intention.
The world isn't lacking in intelligent individuals. However, smart people with malicious intentions pose an even greater threat.
Are you a visionary or a lunatic?
That judgment hinges on the impact of your actions on others and the societal significance of your endeavors.”
Give, and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap.
The first round of HODL ambassador recruitment has been officially launched.
🎁Join in and unlock rewards. Stay tuned for more upcoming activities.
🔗Read more:
https://t.co/VUyHJpd4yt
As of now, 288,882U worth of $Promise tokens have been burnt, accounting for 15.83% of the total supply.
Today, 5,102,040 ZOO OF MEME points were generated from the burn of $Promise tokens.
https://t.co/fEgnLUvpNM
Hold on to instruction , do not let it go; guard it well, for it is your life.
#HodlStrong
$Hodl utilities:
1. Serve as the basic trading pair within the Zoo of Meme ecosystem (Meme coin-Hodl LP)
2. Receive multi staking rewards from both Hodl and Zoo of Meme.
3. Share 5% of total supply of $Atlantis for users who lock Hodl LP in Phase III.
https://t.co/jFsannK8pu