SOLD OUT
8000 GOONZ HELD BY THE COMMUNITY
This is only the beginning.
The $GOONZ tokenomics will remain undisclosed until this time, and we will not create the initial liquidity pool, which effectively prevents us from dictating the starting market cost. We're hopeful that once the community wallet multisig has elected signators, the community will decide, based on the tokenomics and token utility, what a fair valuation of $GOONZ should be, and open a liquidity pool at that value. Of course, anyone is welcome to open liquidity at any time, but as the details get revealed, we're confident that the cooperative nature we've attempted to imbue in these collectibles will be clear.
It's somewhat difficult to explain while needing to be vague, but the point is that we feel like the collectors of the Polygoonz will want to put some consideration into the initial valuation of $GOONZ. After a liquidity pool is opened, so long as it's on a DEX on an approved list to be released along with the tokenomics, we will use 50% of the allocated ETH mentioned above to market-buy $GOONZ and supplement liquidity; after which we'll burn the liquidity tokens representing our position. The allocated spending a supplication may need to be staged based on how much $GOONZ is availble in the pool; as an example:
If the community determines the valuation of $GOONZ should be $1, and the community fund is used to add 1 eth and equivalent $GOONZ to open a liquidity pool, spending 1 ETH on $GOONZ would effectively drain the available supply from the pool, so instead we could spend 0.5 ETH to market buy $GOONZ, then add it and another 0.5 into liquidity, and repeat the process a few days later. (0 $GOONZ will be reserved for the team, so any that we obtain will be through the same methodds available to everyone)