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📣 AMA Summary Part 2.
Next Steps:
As a team, we discussed the pros and cons of launching a V2 on $LOA Solana.
If we did a V2, then current holders of $LOA on Sol would recieve the exact same percentage of total supply that they currently hold 👍
Our current Solana token has fantastic tokenomics, and now has great LP after the token burn that took place a few weeks ago amd the reoccurring LP rewards from Raydium. We are on CoinMarketCap. We are perfectly set up and look attractive/great value right now to potential new investors.
However, a V2 could be done on a different platform like Moonshot, with a standard SPL build. We could then do everything in our power to adhere to the Jupiter Strict List standards and try to get the community to vote for verification of $LOA.
This would not suffer from the token2022 oddities as mentioned above.
We would also show our community that we have listened to the feedback that we recieved.
The Question:
This leaves one big question....
If we spent a further 15k on a V2 on Moonshot, would it perform any better than our current token.
Or
Is the Market just flat at the moment, and it would have a similar result.
😃 The Test:
To answer this question, the team decided, as a TEST, to launch a token exactly as many of this community wanted.
If this project Moon's 🚀👩🚀, ahem, I mean, if it is successful 😋, we will emulate the exact process and create a $LOA V2 on Solana.
If this project venture does not work out, we will keep our current token and look at additional chains as discussed in previous AMA's.
What is this test token? ......
Well find out on AMA Summary Part 3 😋
📣 AMA Summary Part 1:
Tonight's full AMA recording will be available shortly, for those who would like to listen. However a summary can be found below:
The good:
- We initially did very well going straight into the millions 🥳
The not so good:
- Our decision to airdrop solana communities (such as WIF). A high proportion of airdropped wallets sold their tokens.
- Some people panicked with the sells and got out which caused more panic, and the market cap dropped.
Token Analysis:
We built on Token 2022 which has better utility when compared to a standard Solana SPL token.
The main benefit of the token2022 for the $LOA build, is that we are able to reinvest the trading fees on raydium, back into our LP Pool. This emulates what we have done on Base chain and will result in very strong and ever growing LP moving forward.
Unfortunately, we have discovered that many platforms such as Solana trending bots, raider bots (amongst others), do not yet support Token2022 projects. As such:
A. We cannot send raid rewards
B. Some trending platforms will never list our token, even when we should be no.1 trending.
C. Coinbase Wallet users cannot move/send tokens from their wallet. Only buy and sell.
Community Feedback:
We have recieved lots of feedback from our community (mainly when the Market Cap dropped) saying that we should have launched on PumpFun or Moonshot, as this is where the hype is currently on Solana.
We also have had feedback about the exclamation mark ❕️ shown on our token in wallets - suggesting this is why we have not pumped as the token has not been *verified.
To remove this mark, you have to be verified by Jupiter exchange. This process is called joining the Jupiter "Strict List*". It has a very strict set of criteria and the community have to vote for your token to be approved.
Less than 2000 memes have been approved on this strict list, so we do not believe this to be the reason we did not continue to pump.... but we have taken this advice onboard.
Our next steps can be found on AMA update 2 .... 👍
Hello and happy Friday ladies and gentlemen, we are changing the AMA from this evening and putting it back until Monday. We have a number of things we wanted sorted before the next AMA and this should be delivered by Monday all being well.
Have a great weekend everyone
Much Love Team $LOA
??????????????
Hi Everyone. I hope you are all having a lovely Sunday!
Exciting times are ahead for the Law of Attraction ($LOA) project as we prepare for the upcoming bullrun!
We have made significant strides to enhance our platform and make $LOA more accessible to new investors:
This crypto analytics platform allows new investors to buy $LOA via debit and credit cards directly from our website and the Flooz platform.
Additionally, it enables us to reward our community for participating in X/Twitter posts and raids using their Raid2Earn bots. The reward features will be properly used after initial testing of this feature is completed.
Currently being added to our website, this integration will allow investors to purchase $LOA using Ethereum from any ETH L2 chain (no bridging coins!), making the process seamless, especially for new investors entering the space during the bullrun ⚡️
We are in discussions with prominent Crypto YouTubers to create high-quality educational content about $LOA ?
We are negotiating with a top-tier crypto influencer who is a strong believer in the law of attraction. Stay tuned for some exciting news in the coming weeks! Honestly this news could be amazing ?
With the help of our community, we are setting up a dedicated X/Twitter account to explore new marketing avenues, starting next week.
We will also be using the raid2earn feature to reward people for their participation ❤️
We will soon be targeting new communities in a fresh round of airdrops ?
Note: It's important to remember that we only launched in May, and look at how far we have come!
These initiatives are set to bring tremendous benefits to our community and onboard a wave of new investors. Together, we are manifesting a prosperous future for $LOA!
Have a lovely Sunday, and please keep manifesting! ?
??????????????
Please like and Share everyone ?
https://x.com/secretcoin1848/status/1816234003084763482?t=HW4sW1b1IFuFDmb2uqiy6A&s=19
Please like and Share everyone ?
https://x.com/secretcoin1848/status/1814002570232209658?t=DKTnN-cmQzLfRZVQwK1GrQ&s=19
https://tokensniffer.com/token/base/v20se6hcju3h4pdd946vk516oz50h4ndkp9ndx1aaxj639ubma96aq6hn52a
Score jumped massively glad we’re getting trusted ⚡️⚡️⚡️⚡️
Join and comment guys
https://x.com/jakegagain/status/1792525744838508557?s=46
X (formerly Twitter)
JAKE (@JakeGagain) on X
https://t.co/2c3JGctnwt
Hello and Good afternoon everyone I have processed a number of airdrops today, I will be processing the final ones tomorrow afternoon where I hopefully have covered everyone.
Many’s thanks Guys
Community chat: https://t.me/hamster_kombat_chat_2
Twitter: x.com/hamster_kombat
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Last updated 2 месяца назад
Your easy, fun crypto trading app for buying and trading any crypto on the market
Last updated 1 месяц, 4 недели назад
Turn your endless taps into a financial tool.
Join @tapswap_bot
Collaboration - @taping_Guru
Last updated 1 неделя, 4 дня назад