Alright, don’t have much experience proposing coin governance, and I don’t expect this to be implemented. But WTH, I just bought some and figure I’ll throw an idea into the pot.
I’m seeing a lot of burn proposal posts, which makes sense because 1 quadrillion is quite the large number. Numbers aside, though, I think we need to look to Shiba Inu a bit for guidance on how to really take off, as that is the coin that I believe inspired this one to be created. The creator(s) of SHIB sent half the supply to Vitalik Buterin, and then he burned that amount, which I believe was the primary catalyst for SHIB taking off. Had their creators simply burned it themselves, I seriously doubt Shiba Inu would have had the success it currently has had.
So enough about SHIB, we’re obviously not going to copy them and send a large amount of ELON to VB. They’ve already done that and it wouldn’t have nearly the same impact. I also think that burns organized by the creators, while it might cause short term pumps, won’t be a large enough catalyst, imo, to push us into billions of dollars market cap territory.
But what if we somehow were able to locate Elon Musk’s actual Ethereum address, and send HIM a large amount of ELON? I view Musk as basically this coin’s God, so to speak. He’s part of the name, the image is fashioned after him, and he’s also one of the few people capable of sending anyone to Mars. It all synergizes rather nicely, I think. And what amount to send? I thought about significant numbers related to Earth and Mars. Did you know that the distance between Earth and Mars is 315.19 trillion millimeters? That’s a decent-sized chunk that would more than satisfy burn proposals and also could tie into a utilitarian hook for ELON. We’re crowd-sourcing a mission to mars and accounting for every millimeter along the way!
Anyway, that’s my proposal. It would require two critical pieces to work.
Locating and confirming without any doubt Musk’s Ethereum address. Sending this to the wrong address would be…not good. It would also be helpful if Musk did something like burn it himself OR actually keep it for the stated purpose (crowd-sourced fund). Basically anything other than just dump it would be fine.
The creators need to be willing to part with a large chunk of ELON should a verifiable address be located.
Hi. As far as i know, the anonymous creators permanently locked approximately 50% as liquidity in Uniswap with dead address as owner address. So creators can’t withdraw any liquidity or even transaction fees share. Remaining elon was sent to VB who donated to Methuselah and they sold major part over the counter and some part directly.
So all Elons are owned by those bought it from liquidity fund or Methuselah with real money. The current burn was from donations received in treasury over time.
So who will send his 300 ish trillions bought with millions of dollars to richest person on planet Elon Musk?
Thank you for clarifying some of this information. I clearly should have done more (any) research. It sounds like the VB option was done long ago, so my suggestion is no longer feasible.
Was also mistaken in saying VB “burned” Shib as that was also donated to charitable orgs.
Looks like elon is not active in crypto space when compared to last bull cycle during 2021. So not sure if this works out. Tesla first need to enable the Bitcoin payments for elonmusk to come back to crypto IMO.
Def involve him through the public eye it would do wonders on sale, adoption, and price of the token. BUT DO NOT GIVE HIM ANY MORE POWER IN THE COIN THAN YOUR AVERAGE HOLDER! Good for the income, terrible for community decisions he doesnt live or view the world anywhere remotely like your holders fkr years that actually wanna create generational wealth with this coin. Him and Trump are out fir him and Trump. The solana soft rug by the POTUS was the worst thing to happen to the crypto space in the history of crypto!!!
I honestly think we are coming with so many ideas, left and right which are good. Yet, I truly think we have two Great proposals already out that we need to push and make happen. The pairing Elon to XRP was excellent. Let’s get the Devs to do their things and make it happens. And actually Trust in them instead of us always wanting to say what they are not doing. When they are probably doing a lot of works behind close doors. Unless some of us are in their shoes we wouldn’t comprehend. Next is the last major reasonable proposal we agreed upon to burn tokens. I feel like we need to push towards that and make it happen as well. DOGELON MARS is trending every where, more than people things. It’s not for a reason. Because a lot more people are waking up to Dogelon Mars.