this post was submitted on 03 Dec 2024
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Monero

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Monerochan Token: A Trojan Horse for Promoting Monero

Hello Monerochads,

We understand that the Monero community values privacy and utility over hype and speculation. But the reality is, the meme cycle is here. Every bull run brings a wave of speculative mania, and projects fueled by absurd ideas and flashy memes dominate attention. Instead of ignoring this, we’re proposing a way to use it to our advantage: Monerochan Token ($MONEROCHAN).

This project isn’t just another cash grab or speculative distraction. It’s a Trojan Horse, designed to bring more attention to Monero, onboard new users, and provide funding for tools that benefit the community.


Who’s Behind This?

We’re the Based Money Collective, a team of long-time Monero community members who have built various projects—both for profit and not-for-profit—within the crypto space. To confirm our authenticity, we’ve reached out to the moderators at monero.town with our Monero nyms.

This project isn’t about us; it’s about the Monero community and using its creativity, memes, and culture to attract new users to Monero.


Why Monerochan Token?

  1. Reaching New Audiences

    • Let’s face it: the average crypto speculator isn’t going out of their way to buy Monero because they don’t understand its value or importance. Privacy needs a hook, and $MONEROCHAN is that hook. This token reaches people who otherwise wouldn’t care about Monero or even know it exists.
  2. Leveraging Speculative Mania

    • Speculation drives interest, and rising prices bring attention. This project uses clown-world speculation to draw eyes to Monero, growing awareness through the meme cycle.
  3. Building Tools for Monero

    • The attention generated by $MONEROCHAN will help us build critical tools for Monero’s ecosystem integrating with web3.
      • XMR Swap Service: A vending machine-like service where users can send XMR and receive $MONEROCHAN (or other tokens) in return.
      • XMR–ERC20 Atomic Swaps: We’re researching the existing atomic swap code base to create a deployable front end, allowing seamless swaps between XMR and ERC-20 tokens.
  • Privacy friendly eth wallet: In a world dominated by mobile wallets we want to provide some of our personal tools for interacting with web3 in an opsec safe manner.
  1. Community Growth
    • The more that Monerochan Token gains traction, the more it brings new users into Monero’s ecosystem. Many people are drawn to Monero through curiosity sparked by memes and culture, and this token amplifies that effect.

What’s in It for Monero?

Monero works as advertised, and its adoption in real-world markets is something to be proud of. But the lack of price appreciation has drawbacks. Here’s how more attention benefits the community:

  1. Boosting Hashrate

    • A higher price makes mining Monero more attractive, increasing the network’s hashrate and security.
  2. Code Contributions

    • More eyes on Monero’s code base mean more opportunities for innovation and improvements.
  3. Funding Research & Development

    • Increased attention and community involvement can fund crucial advancements in Monero’s technology.
  4. Real-World Utility

    • A higher price means more people holding and using Monero, which boosts its adoption in markets and enhances its utility as digital cash.

Tokenomics & Distribution

  • Max Supply: 1,337,000,000 $MONEROCHAN
  • Fair Launch: 100% fair distribution, with liquidity locked forever to ensure no rugs.
  • Current Market Cap: Under $1 million

We’ve reserved a bag of tokens for the Monero community. Post your Ethereum address, and we’ll send you $MONEROCHAN for free—no strings attached, no money required. All we ask is that you don’t cash it out as a quick grab—hold it, support the project, and help us grow Monero’s visibility.


Roadmap

Phase 1: Soft Launch

  • Distribute airdrops to the Monero community and targeted groups, including 4chan’s Monero General thread, to build early interest.

Phase 2: Initial Release

  • Burn a significant portion of whale-held tokens to create scarcity and build confidence in the tokenomics. The team burned 25% of the supply yesterday.
  • List $MONEROCHAN on all major decentralized exchange (DEX) aggregators, kicking off a marketing push to reach a broader audience.

Phase 3: Monerochan NFT Drop (April 2025)

  • Launch the first Monerochan NFT collection, requiring $MONEROCHAN tokens for purchase.

Phase 4: Continued Development

  • Develop a “vending machine” service, enabling users to exchange XMR for $MONEROCHAN seamlessly.
  • Research and implement MONEROCHAN–XMR atomic swaps, laying the groundwork for smooth ERC20 atomic swaps.
  • Release a second Monerochan NFT set, expanding the utility and engagement for $MONEROCHAN holders.

How to Get Involved

1. Claim Free Tokens – No Strings Attached

Post your Ethereum address, and we’ll send you $MONEROCHAN tokens for free. No strings attached, no investment required. This is our way of ensuring the Monero community gets ground-floor access to this project.

However, we ask that you don’t just sell it for a quick cash grab. The only way this project succeeds in bringing more attention to Monero is by increasing its market cap. The more $MONEROCHAN is held by strong hands within the community, the less selling pressure there is, which makes it easier for the market cap to grow.

2. Join the Community

3. Buy More Tokens

Monerochan Token is live on Ethereum and trading on Uniswap.

  • Uniswap Contract Address: 0x3f7dB133aFf2F012C8534b36aB9731fe9Ee7bd43

Steps to Buy:

  1. Download an Ethereum wallet (e.g., Metamask).
  2. Swap Monero into Ethereum.
  3. Go to Uniswap and purchase $MONEROCHAN.

A Community-Centric Mission

We know this project won’t appeal to everyone in the Monero community, and that’s okay. But for those who see the potential in using speculative mania to drive real-world adoption, Monerochan Token is a tool to amplify Monero’s message.

This is a side quest with real benefits: more users, more tools, and more visibility for Monero. Let’s use clown-world speculation to strengthen what truly matters: privacy, decentralization, and digital cash that works.

Stay based,
Based Money Collective

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[–] [email protected] 4 points 4 months ago* (last edited 4 months ago)

We are temporarily suspending monero.town signups while this is live to prevent airdrop hunters from joining. Non-local comments containing an address will also be removed. Known community members can still DM me on matrix to get approved.

[–] [email protected] 5 points 4 months ago (1 children)

Can confirm this isn't a scam and that I'll be helping with the NFT art stuff.

[–] [email protected] 1 points 4 months ago

are freebies over? still waiting for mine and some more people too

[–] [email protected] 5 points 4 months ago (1 children)

Monero is an amazing project with an actual use case, why associate it with a scam or a useless trash at best. The possibility of tarnishing XMR's and community's reputation far outweigh any benefit it may bring. We don't need another shitcoin to develop a frontend for EVM atomic swaps, if you are serious about it and need funding make a CCS proposal. We also don't need moonbois taking interest in XMR just to turn it into another vehicle to grow their fiat bags, destabilizing our price in the process. Price stability is essential to monero's success as as digital cash. Small price osculation, steady growth, no growth (or even steady decline as long as it's predictable, just look at fiat) is preferable to violent price movements which force everyone who wants to use monero as money to become a speculator as well.

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[–] [email protected] 2 points 4 months ago (2 children)

The text has some ... "orange" flags.

For example, burning 25% doesn't make sense when you decided on the supply to begin with and "100 % fair distribution" isn't possible in the given scenario.

But then again, meme coins are all about not making sense, and some play may actually lead to the desired exposure. Let's get Monero some marketing:

0xe746433469235aB0D5cc404b592C9634eF2ECB1D

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[–] [email protected] 2 points 4 months ago (1 children)

This sounds interesting. I'm up for the free tokens, and might grab some extra ones later for the meemz :)

0xA4E16089D807F2B52353E193D637EB1FAA6DD6bA

[–] [email protected] 3 points 4 months ago (1 children)

Sent: 0x7c3505b39fbd8df71e595d2f115f0aca6ffb1aea7b9d059f66422523ec78e875

[–] [email protected] 1 points 4 months ago (1 children)

So you want privacy community members to associate their monero town handle to etheruem publicly? Can I pgp you links to my favourite cat pictures instead?

[–] [email protected] 1 points 4 months ago

Literally just make a new wallet, as everyone else in this thread (including me) did. Of course no one is going to post here their regular use wallet (if they even had one to begin with)

[–] [email protected] 2 points 4 months ago (2 children)

Interesting idea 🤔

If it generates a bit of awareness why not 🤷‍♂️

0x760b703B3D87Ac7bB43E73b3bFae1b36CfAc7A79

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[–] [email protected] 2 points 4 months ago (2 children)

If we get code out of this to easily set up such online token vending machines there is actually a lot of utility to be gained. People could use it for all sorts of stuff like NFT tickets or raffles or whatever:

0xacf0a30d476b4bec35222a7b5b82db52e8ac6437

[–] [email protected] 2 points 4 months ago

0xacf0a30d476b4bec35222a7b5b82db52e8ac6437 sent:0x868bfb582a3df639f32d3a64f62cb10e365037d3845225c88acc936edbd03e67

[–] [email protected] 1 points 4 months ago* (last edited 4 months ago)

online token vending machine

pump.fun is the place you're looking for.

[–] [email protected] 2 points 4 months ago (1 children)

Quite interesting. Where are you going to list it? Because, I have to buy the real Monero on instant crypto exchanges, like Trocador or Exolix.

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[–] [email protected] 2 points 4 months ago (1 children)
[–] [email protected] 1 points 4 months ago
[–] [email protected] 1 points 4 months ago (2 children)

INSERT $MONEROCHAN HERE >>>>>>>>>> 0x0BE2C1444956008859DcB708e29748A95A3097C5

[–] [email protected] 1 points 4 months ago

twist

still waiting for tokens over here? anyone home?

[–] [email protected] 1 points 4 months ago

sent 133700 MONEROCHAN to 0x0BE2C1444956008859DcB708e29748A95A3097C5 at tx: 0x8249b7244b96a3e99ab439331f1f3d3d568749ff3f37df3e182f05972365e375

[–] [email protected] 1 points 4 months ago (1 children)

0x4b90Ae3520B45408ea805F7aCDA767054cEaA14e

[–] [email protected] 1 points 4 months ago

sent 133700 MONEROCHAN to 0x4b90Ae3520B45408ea805F7aCDA767054cEaA14e at tx: 0xfade0da19cb91913c3b97621025ba90eb903981354c4eb63e03bccb799077f90

[–] [email protected] 1 points 4 months ago (1 children)

Yeah, nah. Not on ETH. Gas fees are stupid expensive. Look into TON and call me when you remake. Good luck, have fun otherwise. Cheers!

[–] [email protected] 3 points 4 months ago (1 children)

Plus Ethereum is as transparent as the window in your room.

[–] [email protected] 2 points 4 months ago

monerocat is in monerochans ceiling watching them masticate

[–] [email protected] 1 points 4 months ago* (last edited 4 months ago) (4 children)

Why Ethereum? Isn't possible to do it on RandomX? Also, why limited supply? XMR ≠ BTC.

Phase 3: Monerochan NFT

Why the F will you sell JPEGs with the Monero mascot that I can download off of Google images for free?

NFTs = scam


Is there a guarantee this won't be a Pump-and-Dump? Also, why is this pinned?

P.S.: Ik that some NFTs are not just monkeys with different backgrounds, but selling a JPEG of some mascot who can be found on the internet is dumb.

[–] [email protected] 4 points 4 months ago* (last edited 4 months ago)

Why Ethereum? Isn’t possible to do it on RandomX?

Eh... no? Because the Monero blockchain has no support for custom tokens...?

Also, why limited supply? XMR ≠ BTC.

Because this is not XMR? It is literally just a memecoin.

Why the F will you sell JPEGs with the Monero mascot that I can download off of Google images for free?

Because people are stupid and they like the NFTs. Besides it's not about "having the JPEG", more of "owning it" I would guess.

Is there a guarantee this won’t be a Pump-and-Dump? Also, why is this pinned?

Probably not. Again it's just a memecoin, play the game if you want, or don't. Up to you.

I'm not related to this project but I don't think it is such a bad idea. Just don't play the game if you don't like it. It is not even in the Monero blockchain so what harm can it realistically do to us?

Edit: Formatting

[–] [email protected] 1 points 4 months ago

NFT in their current form are. Software/Finance/Artists need to cum together to make it a thing. Truth is there is zero adoption of crypto except for monero.

[–] [email protected] 1 points 4 months ago

Just set up an account on Kraken and trade regular XMR.

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[–] [email protected] 1 points 4 months ago (1 children)

interested

0xeE8eF0dd9927D6873c6E315ed6c85F1F5F3C4e1B

(  ̄- ̄)

[–] [email protected] 1 points 4 months ago

sent 133700 MONEROCHAN to 0xeE8eF0dd9927D6873c6E315ed6c85F1F5F3C4e1B at tx: 0x440d5110063c41e45a18de32c48120e1b780b6f429b66d8d94a9955e420a9707

[–] [email protected] 1 points 4 months ago (1 children)

Sounds interesting, I'll give it a try:

0x2f4e36e79c50027932bb406e6ddb8ed106d8396f

[–] [email protected] 2 points 4 months ago

sent 133700 MONEROCHAN to 0x2F4E36e79c50027932Bb406E6ddB8ED106D8396f at tx: 0x002a9d0e319e4e8cd5a0e889635cb58b8d33aba3ffda964ed3a11ff65412a5a0

[–] [email protected] 1 points 4 months ago (1 children)

Cool let's try

0x71e711B51D16BD9893c1aA0b83384B5BD844A1A3

[–] [email protected] 2 points 4 months ago

sent 133700 MONEROCHAN to 0x71e711B51D16BD9893c1aA0b83384B5BD844A1A3 at tx: 0x7e312529263d561a0acce699e2624cdb3fdc487ff08cc42064a0ed8991717fda

[–] [email protected] 1 points 4 months ago* (last edited 4 months ago) (1 children)

0x9c969942C559f8AA558d459fd1Cfb3ae6785E95a

Thank you

[–] [email protected] 2 points 4 months ago

sent 133700 MONEROCHAN to 0x9c969942C559f8AA558d459fd1Cfb3ae6785E95a at tx: 0x078332579dc35a5069613578df2fbd6c82e9bd6a160ffe19ec6561a4b3862829

[–] [email protected] 1 points 4 months ago (1 children)

Thank You 0x0dB791c68b768470C505b3f81A8352aBDCE7dfF3

[–] [email protected] 1 points 4 months ago

sent 133700 MONEROCHAN to 0x0dB791c68b768470C505b3f81A8352aBDCE7dfF3 at tx: 0x78dc219a61956c0635306ebc3092334e4bb1d2957611b4d90e4b6ecaa5ab0eb2

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