You Rug, We Burn: RAGmos a Meme-ish Revolution
RAGmos was born out of our frustration with scams and rug pulls in the previous months. We wanted to create a safe haven for ourselves and others to thrive. Inspired by the fun and power of memes, RAGmos was launched with the ticker RAG to symbolize a playful yet determined spirit.
Mission
The project aims to provide a secure and engaging environment for its community. It is committed to protecting its members from scams and rug pulls, promoting transparency and fairness in all transactions.
Vision
RAGmos aspires to cultivate a secure, engaging, and rewarding community on the Cronos blockchain. It is dedicated to empowering its token holders by involving them in key decision-making processes and ensuring they benefit directly from the growth and profitability of the ecosystem. The ultimate goal is to transform rug pulls into rocket fuel for the community's growth and success.
Concept
RAGmos aims to establish a platform that allows token holders to partake in decision-making and profit-sharing. This approach promotes a culture of active involvement and mutual benefit among all stakeholders. Tokenomics: The total supply of RAGmos tokens is capped at 420 million, distributed across various needs such as burns, team compensation, liquidity, marketing, and investments. The burn mechanism is a unique feature that reduces the token supply by 0.01% from the allocated burn supply for each scam or rug pull identified on the Cronos chain. This deflationary technique is designed to bolster scarcity and potentially increase the value of remaining tokens. At the time of writing, RAGmos has already burnt 6,669,955.28 tokens.
Roadmap
RAGmos development began with its stealth launch and will follow strategic milestones, including marketing campaigns, community engagement contests, and partnerships. These phases are intended to solidify RAGmos's presence in the market and expand its influence across the community.Key Features
RAGmos differentiates itself with features uncommon in typical meme coin projects. These include an investment fund dedicated to meme coin ventures, enhancing token holder profits; a governance system that is transparent and people-centered, allowing for community-led decision-making; a scam/rug pull burn mechanism that reduces token supply upon detecting scams, protecting the ecosystem's integrity; and a charity and profit-sharing model that benefits all participants.
Conclusion
RAGmos aspires to become a standout project on the Cronos blockchain, combining community engagement, anti-scam measures, and a profit-sharing model that benefits all participants. With a clear roadmap, innovative features, and a dedicated team, RAGmos aims to build a sustainable and thriving community.
RAGmos continues its fight against scams and rug pulls on the Cronos chain with its unique approach to community-driven success.