Proposal: Transforming ONEX into the Official Memecoin of the Network
Introduction:
Dear forum members,
I present an innovative proposal to revitalize the ONEX token in our network. Considering the current discussions in the forum about compensating ONEX holders with NOM, I believe we can turn this situation into a unique opportunity for our community.
Context and Problem:
The prevailing proposal is to compensate ONEX holders with NOM, which may lead to future selling pressure and might not add significant long-term value. This situation prompts us to consider more creative and attractive alternatives for the community.
Proposal:
The central idea is to rebrand ONEX as the “official” and first memecoin of our network, using its name to create an identity inspired, for example, on the Pokémon Onex (ex: Suicune as HSUI on the Sui network). This would simplify the creation of art and memes while revitalizing interest in our ecosystem.
Implementation:
- Fixing the Supply and Airdrop:
- Establish a 1B supply and conduct a snapshot of NOM stakers for an initial airdrop. This will incentivize acquiring NOM to participate in the airdrop, generating demand and stability for the token.
- Staking Benefits:
- Promote NOM staking to reduce selling pressure, positively impacting the token price and market dynamics.
- Generating Interest and Attracting New Users:
- Creating a distinctive memecoin can attract new users to our network, following the successful example of communities like Hyperliquid with the token PURR.
- Strategic Timing:
- Leveraging the next BTC ATH and the growth of alts and memes to launch this initiative can capture market attention at an optimal time.
- Planning Auctions and Airdrops:
- Coordinate multiple rounds of snapshots and airdrops with the scheduled auction dates to maximize impact and community participation.
Token Implementation Strategy:
Consider options such as expanding the supply and rebranding the existing token, or creating a new token with an airdrop for both ONEX holders and NOM stakers, aiming to keep the memecoin active and relevant in our network.
Conclusion:
The proposal is based on using NOM as a utility and ONEX as a memecoin, supporting the short-term price of NOM and, in some way, funding the project through innovative community-driven meme marketing.
Using the ONEX token as a memecoin to keep it “alive” is also symbolic. It transforms something that once marked the beginning of a negative spiral for the network into a cornerstone, a community token that can symbolize a rise from the ashes.
Invitation to Discussion:
I look forward to your comments and suggestions to enrich this proposal and move forward with this initiative that can mark a new beginning and strengthen our community in the Web 3 era.