PAPACRO: Passive Income from a Trader for Traders

PAPACRO: Passive Income from a Trader for Traders

Hello, my name is Paweł, I will briefly introduce you to the creation of the unique meme project $PAPACRO. I lost my job in early May 2024. While sitting at home and searching for a new occupation, the thought occurred to me: "Why not? Why shouldn't I try? After all, it can't be that difficult; many people do it." Of course, I'm talking about creating my own coin.

Many people do it often with poor results for investors. I myself have fallen victim to so-called rug-pulls and scams. Creating a coin is literally a matter of a few, maybe a dozen minutes, because now on many dapps of larger projects like Minted or Puush.fun, you can create a token for a small fee without any coding skills. That's how $PAPACRO was created on the Minted platform. At the time of approving the transaction for the token, there were no plans or expectations; it was meant to be a simple token from a simple trader with a few years of average experience in crypto, for traders. Because why not?

I didn't think through many aspects and didn't expect anything grand. Initially, I added as much liquidity as I could afford and burned it right away because once I "created" the $PAPACRO token, I didn't want it to be another rug-pull. That was never my intention. Most of you probably know the feeling when you invest in something and then everything disappears because someone pulled the liquidity.

In the first few days, nothing happened. I kept the token visible on dexscreener and at some point, boom, someone bought it. Euphoria, joy, and surprise. I said to myself, "Man, you did it. Now don't neglect it, keep going, maybe something will come out of it." So I started promoting it from my private account on X.

And that's how the adventure with $PAPACRO began. Shortly after more people started investing their funds in the token, a Telegram group was created, a website, and an official account dedicated to the project, all from my modest savings. But that's not all. From an ordinary token for traders, a whole new concept emerged for the $PAPACRO project.

I received many questions about its utility, future actions, and plans. I panicked a bit as I didn't really know what to answer. I quickly gathered myself, thought through some issues, and with the help and suggestions of other trusted blockchain users I knew from previous projects or met along the way, $PAPACRO evolved from a simple "from trader to traders" token into a project with staking capabilities (like most) and an NFT collection (also like most), with one fundamental difference. The entire fund from the NFT minting is dedicated to the development and investment of the project to ensure passive income for holders, and none of these funds were allocated to the founder. On the contrary, small amounts are continuously added from my own pocket to avoid disrupting the finances accumulated for development.

So, to sum up, the $PAPACRO project is not just a useless meme coin promoted by influencers with the typical "pump and dump" scheme. It is run by an ordinary person who does not aim for quick enrichment but wants to create something beneficial for investors in the long term, with personal profit as a secondary goal.

I would also like to thank everyone for their cooperation and good advice, especially one very important person who has been supporting and helping me manage Discord and Telegram from the beginning - Pieter, you are great! This only the beginning…