Questions from the first night

We received several interesting questions this past night. Some through the official chat at https://t.me/spoon_token and some by DM.

Here is a recap of some of those:

— How is marketing working? Why isn’t there a lot said here? —

We want to be BACKED by the community (the investors). We do not expect to be community DRIVEN.

Usually meme coins out there expect their investors to do the shilling. Not only many times there is no project, but they also expect investors to work for them.

This is not the case. We have a team of 4 promoters working in different timezones. We run marketing ourselves and seems it working quite well!

However, everyone is invited to do their own promotion as well, thats why you will find a pinned message with our token information you can use. But we wont be posting a list of shilling groups or anything, cause its the idea is for investors to focus on the investment.

— Incoming Dividends —

Our dividends tokenomics is indeed explained in the whitepaper. But basically we will be posting a new page in our site explaining:

* How to be elegible

* How dates work

* How redistribution works

* Who are excluded (dev wallets, team funds, burn wallets)

* An the dates calendar with all the info you need.

We will probably have an additional medium article and a youtube video as well (setting up youtube account today)

— AMA Live Sessions —

There will be a schedule of AMA sessions live! First one I will dox. Second one German will dox. We are both the founders.

Our marketing team will not dox unless they want to. They are collaborators and have no financial stake in this other than what we pay them. They are free to remain anonymous.

Hopefully you will agree with our approach.

Besides answering questions from our investors live, we will also speak about some of the details in the project

— Creating Reddit and Subreddit —

This is already on our marketing plan for this week. I am not the Reddit savvy one so I will let our marketing lead handle this :). The results overnight were impressive so I trust this will be done properly and within reddit’s parameters.

— Are you a dev of Change the World? —

I have no idea what this project is. I have invested in many bsc gems but I dont know this one.

So no, we are not the devs of Change the World.

When doxxing during live AMA sessions we will also tell you about our background. And if you have no time to get to an AMA sessions we will post the link and also write a medium article with a summary.

— When CMC and Coingecko? —

However, obviously CMC and Coingecko listings are coming up.

It would seem we might be very close to hit the requirements so this is something we will apply for this week (unless we find any blocker)

Personally I would like to update our logo with a new graphic designer before that, but we will see how we manage these priorities.

— Cant open the website? —

Seems some people from Turkey are having issues opening our site without using a VPN. We just heard this issue overnight.

What we need to do now is to find a reliable service that can test our site from many locations in the world so we can actually assess the current opportunity cost and act accordingly.

Whatever extra information you can submit to us (For example, “Hey I am from Nigeria and cant access either” or “Hey I just used google translate on the site and now works” will help!)

As a workaround we might try to find some online vpn turkish users can use

— TechRate and CTK Audits —

We are submitting for TechRate audit today. However this has 3 levels of service. We will submit the free security check version first.

Why? We do not want to sell 1800 dollars in SPOON tokens to pay for an early certification. This will dip our price for something that, to be honest, is overrated.

But we will still work on getting full security audits once we see the price impact of this transaction is less than 2% (And I am sorry to break it to you, but these are called security audits, but 80% of the audit is about gas costs and coding practices)

— What is the team’s address? —

On our FAQ you will find the Team Funds address. 0x379360A1e259e58e9a3390e15CdB3D3575452A3B

We also have 2 dev wallets. We distributed 1.5% to each. One is mine and one is German’s

We believe in what we do and we are holding.

These are the addresses:

German — 0x4d72EfB427C22738386aDa162beB72D85905de66

Christian (myself) — 0x0B32ab687219C7Fd272e49932d3fC6C23D5C91cb

Will be adding this extra information to our FAQ

— Who bought initially? Did they dip? —

This is a very interesting question. As soon as we burned the Liquidity to the dead address BAMMM transactions started to come in like crazy.

One of the addresses is a bot I see everyone, and usually invests 0.68c in every single token out there that has liquidity. Sometimes it is 4 times that transaction. This time it was 5.

But then other people started to come in really really fast.

As someone in the community explained, by burning our liquidity and actually doing everything right, we started to appear in monitoring tools! So many of these early investors are actual legit early investors. Some must be bots for sure.

I cant tell if they dip’d and I do not believe this analysis is worth our time. Trying to analyse volatility in the first hours of an asset being launched makes no sense. This is a long term project, so lets focus on the long term. I have a lot of confidence we will be trading about the 1$ line in no time. This week will be key to understand how our price action will be.

And, of course, be ready for these dips, you might want to eat them.

Short term strategies will be people selling and intraday trading.

But I am confident that seeing the results of our project will this pumping.

Again, as I’ve said yesterday. Do not trust me. VERIFY and see what we actually do. DYOR and I know you will want to continue holding.

— Price projections —

We actually ran some price projections. Price can be found by running a formula using market cap, price and circulating supply.

We already knew that surpassing 250.000 un market cap would bring us above 1$. So while we are happy with the results this night, we are not surprised.

If we establish ourselves in a firm 500.000 market cap then our price will be around 2.3$

At 1m we will be around 4.6$

2m -> 9.3$

3m -> 13.95$

And so on.

You can to consider there is burning, and this is dynamically improving these projections (which we could not include in our initial estimations, because its super dynamic).

These were some of the most interesting questions tonight. Some of this information is going to our FAQ as we speak!