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Less than 24 hours until the launch of the meme republic by TON Foundation. KINGY is the classic favorite. But I'm not too fond of all this secrecy from the foundation.
How can you start playing a game if you don't know the rules?
- Both new and old projects are involved;
- 10 weeks of competition;
- $1 million at stake;
- $500,000 for random direct purchases throughout the week;
- $500,000 for liquidity;
- On-chain dashboard.
- They will assess trading volume, TVL, holders, and price.
That's it.
- What metrics will be on the dashboard? How can a 3-year-old project compete with one created tomorrow at launch? The formulas need to be clear and open to strategize.
- How will direct purchases happen after a win, and what's the point? Imagine: KINGY wins, the price rises, and everyone starts selling—there's nothing left to catch. They'll sell precisely during TON Foundation's purchases to exit with maximum profit and move to another token.
- How will they even put $500K into liquidity? You need not only TON but also tokens. Or will the $500K first go to purchases and then to liquidity? That would make it easier for people to sell.
In short, it's very interesting but not clear at all. I think the first week will be fun and lead to a wave of negativity towards TON Foundation
I'll participate, but I don't know which token yet; maybe it will be easier to win with ARBUZ, PUPUPU, or even create a new one. To avoid spamming the channel, coordination will happen in @kingygm. This time, I can't share the prizes like in the open league—otherwise, I'd organize a frenzy
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$KINGY: swap.coffee, xRocket, STON.fi, Dtrade, x1000.
