Meme money for ordinary people.
$COMET was created in response to stagnation in the memecoin ecosystem. It doesn't implement any technical nor economic ready-to-use ideas to add value but uses the known advantages of blockchain systems. This token was created to provide light-hearted fun for everyone and bring more people into the ergo ecosystem.
The objective is to expand the $COMET token as far and wide as possible, use it on tipbots, make it available on every DEX and CEX possible, use it for NFT's and every other blockchain application imaginable. In the early stages of the token the 4 founding Cometeers will guide the process, but they will gradually pass the responsibility to the community and then disappear like my father when he went to buycigarettes.
Treasury funds could be used to pay for ads, burning, providing liquidity to Dexes. Whatever the community decides, there is only one requirement that should be always respected. Every amount spent on promoting/developing $COMET should also be used to promote Ergo,either directly or through the Ergo Foundation.
In $COMET we take only two things seriously, having fun with memes and tokenomics.
1.- Memes. Self-explanatory.
2.- Tokenomics. There are a lot of crypto’s out there where the founders try fill their own bag with riches. To help undecided investors we will be providing a shitcoin-meter comparing $COMET to some of the top 15 by marketcap coins.
This totally arbitrary measure and not peer reviewed at all metrics is defined as the amount of the supply for insiders and foundation over the total supply
For the ease of mind of investors and people concerned with P&D schemes in general, the tokens of the founders will be locked via smartcontract, following a process similar to the one explained here:
https://github.com/ergoplatform/ergoscript-by-example/blob/main/pinLockContract.md
The tokens of the founders will be unlocked linearly each month starting the day of the listing in ErgoDex during 48 months until being fully unlocked.
The total supply is BTC's supply but multiplied by 1000x because $COMET is a 1000x times better.
