Author

Topic: My memecoin story (Read 23 times)

newbie
Activity: 25
Merit: 4
October 29, 2024, 06:09:00 PM
#1
A few days ago I made a post here about making a memecoin. In this topic I'm going to describe what happened and leave some links to my handicraft (please pay attention, it is just a project I made in my spare time and has no value). Anyway, let me explain what happened.
I made a Telegram channel a while ago (maybe a month ago) explaining my experiences as a solo-entrepreneur in that channel in my mother tongue. Last week, I made a poll in channel for the next topic of the channel and there were two options for people to choose. One was startup in a week and the other was how to make a pitch deck and surprisingly people wanted to know how a startup can be built in the course of a week.
A little bit of personal note here, I think titles such as Startup in a week or Make your own SaaS business in two hours are not really misleading with the help of all these AI tools and their ability to generate code, images or even UI designs.
I thought to myself, what is a good idea for a startup or a digital product in a week? Then I saw sparks in my head. I asked myself Why not making a token?. I witnessed how people in my country lost their crap for projects like Hamster, DOGS or TapSwap. Seeing this hype, I decided to make my memecoin on The Open Network or $TON. I had good reasons for this.
First, Telegram is basically number one messaging app in my country. All people have it installed (even now, when we need VPNs to access the thing) and all people with smartphones usually say "Telegram me" when they ask you for further communications. So it is popular and I used its popularity.
Second reason is that Hamster also was a big trend here. I knew naming TON and Tonkeeper will help a lot in process of getting people's attention to this newly made token.
Third reason, I saw it is really cheap to make a new token on Ton Minter comparing to other networks such as Solana or Ethereum (honestly, I haven't checked TRX, I thing their network is also cheaper compared to SOL or ETH).
Then, I decided to not spend more than $100 for this particular project, honestly it didn't cost more than $50 for me. I got 5 tons in my wallet, minted the token and listed it on the STON decentralized exchange.
Next, I made a website, telegram channel and X account for the token and all of these together took only 48 hours.
And lets be honest here, I cheated a little bit here. I had servers up and running for more than a year. So I deployed the website on those servers. I also used Vercel's v0 AI to code the website since it is great at UI building and I'm not.
After that, I messaged some of my friends and gave each one of them 10,000 tokens and most of them asked When you will take us to the moon? jokingly since we all knew this is just a fun project and nothing more.
Then, the marketing phase began. I always say I'm terrible at marketing but the universe proves me otherwise. I made a post on X and asked people to follow me and token's account. Then I asked them to give me a wallet address and I sent 1000 tokens to each one of 50 people who gave up their wallet address in the challenge.
Now you may ask Why not tap-to-earn or cloud-mining? Which is honestly an excellent question. My answer to that question is that I didn't want spend too much time on a fun project and if I do things such as tap-to-earn or cloud-mining, I would do it in a better and more well-established way and obviously I won't do it with initial cash of $100!
Anyway, the project was fun and I learned a lot. In the time I was working on this project, I had to study a lot about different coins and how they work, honestly I grew up in just 72 hours in the crypto space. I love it. I LOVE IT.

Related links:

- Website for Gemini Coin
- $GMNC on TON Scanner
- $GMNC on STON.fi

P.S : If you're buying this coin, remember it's still unverified, and also remember it was a fun project. Do not expect real value out of this coin.
P.S.S : I'd be happy if thing explodes like Turbo, but honestly, I'm not expecting it to do so.
Jump to: