Hey everyone, quick update.
Robinhood Chain has been performing extremely well. We don’t see much value in launching just another meme here - the chain’s EVM infrastructure gives us the opportunity to build something with actual mechanics behind it.
THIS UPDATE HAS 2 PARTS:
1. TOKENIZATION ($MEMESTOCKS)
$MEMESTOCKS is a community-powered onchain meme fund.
Every buy and sell contributes to a treasury that will be used to accumulate tokenized shares of the world’s largest public companies and other traditional market assets.
Hold $MEMESTOCKS → become eligible for asset rewards.
But here’s the key part:
The community decides what the treasury buys next.
Holders vote, the majority chooses the asset, and $MEMESTOCKS holders receive rewards in the asset selected by the community.
Trading volume → Treasury grows → Holders vote → Rewards get distributed.
2. ❗️ NOW THE IMPORTANT PART ❗️
The sale will be very small and WL-only.
Only approved wallets will be able to participate, with a strict cap per wallet.
MAX ALLOCATION: 0.15 ETH
TOTAL RAISE: ONLY 17 ETH (~$40K)
Liquidity will be added manually with a relatively lean LP, rather than launching with oversized liquidity. The goal is to create a healthier initial distribution with no oversized presale wallets, reducing concentrated sell pressure while giving the project room to grow around a strong narrative and product concept
Target starting MC: ~$80K
IMPORTANT ☝️
> TO PARTICIPATE IN THE SALE, FILL OUT THE WL FORM AND ENTER THE AMOUNT YOU PLAN TO CONTRIBUTE.
0.15 ETH is the absolute maximum per wallet.
Post #4053
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