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