Introduction of Monkex Coffee Shop Club
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What is Monkex?
Allow us to introduce you to the Monkex Coffee Shop Club, a thriving community-driven project located on the Metis Andromeda network. Launched on July 1st, 2022, we arrived on Andromeda with a mission to shake things up.
The Monkex Coffee Shop Club is more than just a community, it’s a place where individuals from all walks of life can come together to share their love for the digital world. Our goal is to bring people together and to build a supportive and inclusive environment where everyone can thrive.
Here on Andromeda network, we’re building something truly unique and special. Our project is developed and powered by the Metis community, made up of seasoned OGs who have been with us through thick and thin
- Community building is our primary goal and essence.
- Celebrating the essence of Metis through memes.
- Digital identities with Monkex Coffee Shop Club NFTs.
- Embracing a deflationary economy with the $MONKEX token.
- Seeking to become a decentralized community project that integrates seamlessly with Metis and in the future - Metis common.
The value of Monkex lies in its community. Blockchain technology is rapidly gaining adoption, with retail users actively engaging on-chain. However, some projects, such as memecoins or NFTs, exploit less experienced users for quick financial gains. These temporary projects ultimately harm the entire network. We are here to change that narrative and have successfully done so for over a year.
Our main goal and objective is to establish a Decentralized Autonomous Company powered by the Metis community. We are nearing the completion of Phase 1 and have successfully settled on-chain. Our future relies on our community, and we incentivize individuals to join us in building together. Metis is in the hands of the Metis people.
We have utilized the standardized ERC20 and ERC721 contracts from OpenZeppelin, which have undergone thorough auditing and are ready for use. You can find audit information on sites like cookbook.dev here.
Token liquidity pool burnt on sushi.com, ensuring maximum security for our community.
Our code is hard-coded, and we abide by the principle that the code is law.
Our vision is to become the deflationary index token for the Metis ecosystem. We already have over 7 pairs being arbitrated between exchanges, and more incentives are in the pipeline to add additional pairs with Metis ecosystem tokens, such as the Hermes protocol.
What sets us apart is that we have taken a different approach. While most tokens are inflationary and decrease in value over time, our token is deflationary. We have already burnt a significant portion of the total supply, providing protection against downside risks. This makes our token a perfect fit to become the ecosystem’s index token.
In addition, we are actively building a community treasury, which is secured by a 7-of-7 multi-signature mechanism. This ensures that trusted individuals are involved in the governance and management of the treasury.
After actively building our community on Andromeda for a year, we are now applying to become a CVP. We have already proven ourselves to the Metisians and are excited about the opportunities that lie ahead. It is important to note that Monkex has operated without raising any funds, and the project has been entirely driven by community members.
We firmly believe in the power and potential of Metis. It is our home, and we are dedicated to contributing to its growth and success. Join us at Monkex Coffee Shop Club, where we are shaping the future of the digital world together.
Thank you for your consideration!