I don't understand, but what is the value for the project team to distribute tokens between wallets for free?
It's indeed it was the plan, because they have a goal to reach 5 million holders, of course they must carry out marketing strategies such as airdrops and bounties. Where it was the fastest way to make it happen, after all in their token distribution there is 50% token reserved for Airdrop, Bounties & Rewards. Dumps? I think they must have thought about it from the start, they should have a solution for that.
Yes, exactly. What's revolutionary about MoonConnect is the fact that it is designed specifically to become the most decentralized and fairly distributed token on the market. We will do this by making sure that more than 70% of the total circulating supply is distributed to at least 5 Million wallets. With continues sustainable organic growth, no market manipulation by whales will be possible. Our biggest competitor is now Safemoon with 2.5M holder size, can you see how big this can go?
Also please kindly note that many coins and tokens only promise to be decentralized, but the reality is different: the vast majority of funds is being held by a very small number of wallets.
I will refer to my whitepaper here because we made a case specifically on this;
● The Top 100 Ethereum wallets own 38.4% of the circulating supply.
● The Top 100 Dogecoin wallets own 66.9% of the circulating supply.
This situation can obviously lead to some serious problems. When only a handful of individuals own the majority of the supply, whales are incentivized to dump their tokens on newcomers and beginners, and price manipulation goes rampant, creating a very unwelcoming and hostile environment. MoonConnect is here to change it. By designing the currency from scratch with the single purpose of making it as fairly distributed as possible, we aim to create a next-generation social token powered not by the whims of whales, but by a strong, dedicated and organically growing community of like-minded people.
We have also very good marketing budget spared on our tokenomics, where the amount is highly enough to reach new ATHs on every campaign. We have been working on planning our 1st campaign, having many discussions with platforms, influencers etc. Its starting by tomorrow, we will be happy to welcome you and answer all your questions on our telegram channel, which is more interactive, quick paced