To all $AUT holders,
How would the restart work ?
That’s a question popping quite a few times in my DM’s since yesterday, and here is the breakdown.
First, the project needs funding, it never constituted a treasury fund and the initial and only funding was provided through an $AUT sale on the market for the amount of 2k$.
The required funding is calculated at approximately 10k$, which is the hardcap.
The softcap is at 2k$, this represent the funding of the initial trading account.
What about the other 8k ?
Basically R&D, as $AUT will evolve to have multiple bots trading on different strategies, to maximize the chances of returns, as well as the deployment of the profitable bots onto different brokers as a “Don’t put all your eggs in one basket” security for the project.
How do I plan to raise the funds ?
4 options:
1) A token sale on the market from my own hodlings of $AUT (chosen method when $AUT launched).
2) Raising funds from the community by providing a wallet address (USDT CRC20), and rewarding the contributors with a 100% ROI. The contributors would be allocated 50% of the generated profits until completion of the given ROI.
Payment would be emitted from the receiving wallet towards the original sender all at once, to facilitate tracking and transparency.
3) An hybridation of both previous methods, contributors and token sale.
4) I personally seed the trading account and let it grow until it reaches 2k$ before the official relaunch of the project.
I will be transparent, option number 4 is here just because I will not let the current hodlers of $AUT down, but if it’s the option chosen by the community, I will respect it, and let one bot trade for $AUT, and any other developments for the project would be on my free time, provided as a best-effort.
Now the question you probably asked yourself as soon as you read the word “funding”.
Wyll, you are a whale already, why don’t you just fund the entire project ?
The answer is simple, it’s a community project, to which I provide my time, knowledge and efforts, with no share of the profits approved by the community, yet.
As well, in all my ventures, I apply one core principle, which is:
“If you can get your family, friends and strangers to invest in your idea, you are onto something”
And if you just take one minute to think, you will realize that all on you on #CronosChain are here because you invested in someone else’s ideas, starting with Kris himself, aka Big Daddy, without whom none of us would be there as there would be no Cronos, and this applies to all the other projects on Cronos you are interacting with on a daily basis.
Now, time has come to give you back the keyboard and share your votes, your opinions, and this post, you have the power as a community to decide what will be the next step.
#CroFam #CronosChain #XAUUSD #B…..
Hello everyone 👋
I hope you all are doing well 😊
It’s been a while 😅 some would even say “too long”.
Sorry if I disappeared, I had some personal stuff to handle, real heavy stuff, and it took a mental toll on me so I had to take a step back from everything and rebuild myself entirely.
I can’t talk about what happened to me yet, but I will in the future, and you guys are never going to believe it, it’s mind blowing.
But now, I’m better, in fight mode again, got my will to #Buidl reignited, thanks to a few people who didn’t let me down and kept pushing me to come back stronger, notably @thomas__xtc from @Xitcoin_org who’s been checking on me very often, I could even describe him as my personal stalker haha (Thank you Thomas).
So, I’m back, I’ll be focusing on @AurumTrustCro, on #CronosChain and on the #CroFam again.
It’s gonna take time to relaunch #AurumTrust, as it’s back to 0, the trading account got liquidated through a mistake I made (miscalculation of margin and too much risks taken), but I learnt from that, humans makes mistakes, and so I came up with another plan. Not the much on a new plan because it was on the roadmap already, but it’s time to engage on this new step.
More informations soon, some will like it, some will not, but $AUT is coming back 😎
Let me know how you all have been doing ? What did I miss ? How is my baby #Cronos and my #CroFam ?
The brutal truth about the industry that no one talks about:
> projects are incentivized to launch new tokens/new NFTs because that's the easiest way to capture eyes
> points campaign + tge = instant success
> new product = new token is the norm
Not us. Not saying it's good or bad, but we did not make it like that.
$PACK is powered by:
> Wolfswap
> CompoundR
> Wolfstreet
> Amplify
> InNOut (soon live)
That's against the wave. But aligned with the community.
I bet on long term
Should I be proud of what we started with $PACK/Wolfswap/Wolfies with $ 5,000?
With no backing, just pure hunger and a bunch of crazy community members, OUTPACED all of these heavily backed tokens and many others?
HELL YEAH I AM
Pretty sure these we're all manufactured tokens. Either way - they contain over $17,000,000 USD in liquidity; with less than $1 trading volume on the biggest sitting on $10,000,000 🤯 Bonkers!
Mr Ryan any chance we can devolve these and put the money back into cronos innovation & community built projects?
It has been a long time running, we know.
Here's everything you need to know about #MadMerge as well as the Mad Meerkat Burrow 2.0.
LFGM: https://t.co/0YaCptyB30
One of our team has 1 Btc in https://t.co/IDhqR03ErE Earn about to finish. They love the Wolfswap & don't think about it as buying token, but investing into a company that will grow exponentially following its current trends.
1 $Btc > 250m $Moon What do you think?
Keeping it good for OGs & new entrants. Main gist:
- Holder: The earlier you merge, the cheaper (Starting from free). If merge is not for you, no worries, snapshot’s taken. Part of MM history.
- if you’re new, buy a Kat and enter #crofam !
Who recognises the traits? ;)
High key, glad to see the madness starting up on Cronos again
@MadMeerkatNFT was what truly started my community journey in Web3
This is my first MMB purchase over 3 years ago and still holding it today