I HATE MEME COINS — Why MUNCH Is Different.
I hated MEME season, I absolutely fucking hated it. It wasn’t just the fact that the projects were all either shit or pump and dumps, or shit pump and dumps, it was the people it brought with it. Yeah new money flooding in filters down but that don’t mean I have to like sharing a space with D-List celebs with IQ’s the average goldfish would consider low and a plague level swarm of noobs. Now I don’t mind noobs, we all start somewhere, but this influx were not here for the tech and and arrogant with it 🤣
Example: Tik Tok account of average noob in MEME season:
Vid 1 — How Many Peanuts Can I Fit Under My EyeLid #YOLO.
Vid 2 — How I Made $10,000,000 From ShitcoinInu.
I hate MEME coins, shall I say it again…
I guess a few have came through the acid test but I still fucking hate MEME coins.
So I saw a tweet/discussion/bitch fest about which project had the strongest community, all the usual suspects, LINK, RSR, HEX, ERSDL, ADA reh reh reh but someone said MUNCH. Forgot as quickly as I read. Main thought, I hate tribalistic holders, for me its money, I’m all about the money. Moving on.
I read a lot of stuff and about a week later I saw it again somewhere, then again and again. I thought it must be a MEME, MUNCH, sounds MEME-Y.
I was as ever going through the lower echelons of Coin Geckos lucky dip section, I saw MUNCH sat there in that magic market cap region. Clicked it, chart looked bottomed out from a big pump earlier in the year, hit website link munchproject.io . Immediately liked the branding, proper punchy but done well.
That isn’t enough though…. then I saw charity I thought OK, not really my bag. Scroll down, gave away a fuck tonne of ETH…nice, still not buying, Roadmap. Ok now I’m interested.
This is why:
Lets talk about the roadmap.
I see a lot of projects catch a pump like MUNCH very early on into their journeys, it inevitably dips, people jump ship. Some of those projects never recover. The ones that do are the ones that had a vision to start with. These sort of projects engage with the community, ignore the price action, focus on what needs doing and get building.
MUNCH has definitely done that. The bridge to BSC has been smooth and enabled smaller buyers to invest without the gas impact. It has also lead to arbitrage between Pancake Swap and Uniswap which the team have smartly utilised arb bots to level it out through market buying and adding as liquidity.
Merchandise has grown and expanded into homeware and community art as well as those clean hoodies and hats.
I look at this aspect along with the level of presentation, the website, the attention to detail and THAT logo! I see more than a crypto project or a budding charitable organisation, I see a brand. Marketing is everything these days. I don’t think this will stay `just a crypto coin’ for long, you can see this working in the real world too.
The charity aspect has also grown with the roll out of the Charity Circle, this has onboarded various crypto partners who have donated to MUNCH backed causes. A charity launchpad is also on the cards.
As I got further along the road map I read something that was like catching lightning in a jar in this space, Fiat to Crypto as a service. What like a CEX? This I need to understand, am I looking at the next WooTrade? Or is it something more underwhelming?
I hunted through the site, no details. Jumped into the TG and found a twitter post with a vid on the Fiat to Crypto service.
Once I finished watching it hit me, these guys are doing some sort of madness!
So MUNCH have a widget that allows you to buy ALT coins directly with a credit card. Did you hear what I said! So this MEME season may have a silver lining. I know that there were way more people with Tik Tok sub low IQ’s who would have aped into the latest ChihuahuaInu shit fest if they could have just put the chicken bucket down, stood the 2L Coke bottle up against the futon leg, burp and just put it on there cards. Jokes aside 🤣 point remains.
There is a lot of interested money that can’t buy the moonshots, hot projects and hidden gems that you can get on a DEX because of total lack of understanding and confidence in using Metamask type wallets with all the complications of getting the ETH, gas fees and slippage. This solves that problem. This unlocks that new money coming into the space. This also does it in a way that good causes benefit, holders benefit and MUNCH is burnt from the supply. Oh yeah Munch is deflationary with 13,600,000,000,000 Munch having been burnt already!
The uptake from projects and the public should be high, this is something everyone benefits from. If only you had a team that could market this immense opportunity combined with some A+ Branding/Messaging this could really explode..
Wait…. hang on, what was I saying earlier on in the article about brand! This type of on-ramp opens so many doors and you have to ask why are MUNCH the first to deliver this? MUNCH when you dig a bit are a registered legal entity, they are a doxed public team with a wealth of experience in tech, branding, comms, marketing. Are they just ahead of the curve? Or is everything just going to plan.
All of the team are public, they have active LinkedIn profiles and are London UK based. Whilst picking through LinkedIn profiles (I advise you to do this if you are an investor!) I found a link to a company that was set up by one of Munch’s team a month after Munch was born. Now this is interesting if only in terms of the tech. Personally I don’t think anything the Munch team do is acoincidence or an accident so is this going to be another capability at the fingertips of the Munch Team…uhm, guess we will see!
I feel like I need to reiterate the point, Fiat to Crypto for Alts if done correctly is a total game changer, it is literally the future. As I am from the future I can say, I already know of one project that will be partnering if all goes to plan, my lips are sealed on pain of death by cheese grater.
It does look likely that the partners in the Charity Circle will be using this service, and that interestingly includes NETVRK and Fomo_Labs. There will be more, it is that innovative.
So Fiat to Crypto is ready to launch in September, what else is launching. Staking & Farming. When volume is high on a project and the community is strong there is nothing better than earning more of what you have that is sat around waiting for your price targets. It also takes a lot of tokens out of circulation, with the deflation on top, the price floor goes one way.
Tokenomics:
There were originally 100,000,000,000,000 Munch tokens.
15,000,000,000,000 are held in a burn wallet and effectively are out of circulation.
A further 13,600,000,000,000 have now been burnt and the number steadily increases. The deflationary aspect will move at a faster pace as uptake grows.
At launch there was a 10% transaction fee. That was recently changed to a 7% transaction fee with 2% going to holders , 3% going to charity and 2% to buy backs.
As I keep repeating the site is clean af, there is a dashboard page where everything you want to know as a holder is in eyeshot. Connect your wallet and you can see burn rate, market cap, token price, your holdings, rewards and Munch Ranking.
Back to the roadmap, yep there is a whole lot more!
The networking and efforts to stand Munch out of distance of any MEME labelling are picking up, the company clearly sees itself as a DEFI project and getting others to understand this and the vision is a major part of the Q4 roadmap. The team will be flying out to Dubai for the Future Blockchain Summit in October, these are the places partnerships are born and eyes are opened.
The deliverable that I’m most interested in is the Launchpad. These can be awful or immense. I rate the team highly, so I am going to expect the latter. This will also drive traffic through MUNCH adding to the burn rate. Oh yeah and the charities & holders would be benefiting.
A CEX listing in Q4 is another big goal and would be a huge positive for the project, this again will increase the transactions of Munch and benefit everyone. It all seems effortlessly tied together!
Q4 also sees the goal of onboarding 10 new partners into the Fiat to Crypto service, equating to more munch burn, charitable donations and holder benefits! Adding in a App for IOS and Android in early 2022 this is really an exercise in traffic generation
Onto the AMA with Munch and the Volcanic Gems Group, I was expecting it to go well and it did (Mike’s a great public face for the project!) but I picked up on something early on in the conversation. The words `doing something in a popular area of crypto’ were used…..or something to that effect! Now if you look at two of the charity circle partners, Fomo Labs and NETVRK you will notice a common theme, NFTs & Metaverse. Well, to me they are the two hot topics in crypto right now. So are Munch buying land in NETVRK’s new project? Are they building charity NFTs with Fomo Labs? I would take an educated guess that something big is brewing.
Will they just be run of the mill NFTs, or will they be something new fresh and interesting. Again I’ll go with the latter. I cant wait to see what this means. Whatever way, it will generate the increased traffic and donations all of Munch’s endeavours result in. Truly insane that this can ever be considered a MEME coin!
The Money Shot
With all that is going on with Munch now and in the coming months my first target is for reclaiming ATH. This project can go into the top 250. It has that much going for it.
Selling Points:
- Fiat to Crypto As A Service
- Staking
- Deflationary
- Launchpools
- Holder rewards
- Partnerships
- NFTs
- Top Tier Branding & Marketing
- BSC bridge (More to come?)
Conclusion
There is a theme to the whole Munch movement, the theme is `it benefits everyone’. Clients, holders, charities, crypto in general and even those amoeba brained tik tok nut jobs with their peanut holding eyelids. Products where every side benefits are rare. What do you think we are looking at here people! I have no idea how long it will take for this to really blow up, the world is a stupid place. I do know I have immense faith in the Munch project and I’m not looking for a quick flip and bounce. I’m here until there is a Munch Aid concert and you can only buy tickets via the fiat to crypto service paying in Munch tokens, It might just happen!
I’m gone, weed to burn, rum to be drank, people to meet, places to go and hangovers to be had. Your favourite degenerate muthafucka signing out.
Stax.
Oh yeah the generous guys over at munchproject.io have agreed to let me give away some merch to the supporters of this article. Make sure you are following me https//:twitter.com/PapeStacka and Munch https//:twitter.com/MunchToken on twitter.
Comp starts the day the article drops and runs for 5 days. 1 Winners + 2 Runners Up. LFG. munchproject.io
