Download Our MVP Mastery Diagram
Get a step-by-step guide explaining how to build Web3 startups, the right way, the way that has generated +$30M & +100K users
Get the protocol that has been used by Assassins Creed, Billionair, Farcana, EstateX and so many more...
Oops! Something went wrong while submitting the form.

Big Chungus - $200k Sold Out Meme ICO

An off-chain point farming system that generated instant hype for a Token launch & ICO sale

Founder
Osama Q
Type
Memecoin
Services
Tokenomics, Smart Contracts
Year
2024

Big Chungus (great name by the way) began with the ambition of becoming the next big meme in the space. The initial idea was to create a farming system to drive hype, engagement, and build a community, leading up to an ICO sale.

This vision was realized within a month, achieving a 15k Twitter following and a completely sold-out presale and public sale, raising over $200k.

The journey to success was facilitated through a two-step mechanism outlined as follows:

Step #1 Laying The Foundation: The process began with understanding the basics of launching a memecoin and determining the appropriate tokenomics. This involved researching competitors, analyzing current trends, and studying reference projects to compile a detailed plan including allocation and distribution schedules for the token & ICO.

Step #2 The Dream Team Of Web3 Development: With the complex requirements for the token and the ICO, such as a multi-phased sale with an allowlisting mechanism, minimum & maximum buys, future claims, lock-up periods, and vesting schedules, alongside dynamic pricing, the project required a highly skilled development team. This team needed to have experience in managing and executing projects with such detailed requirements.