With all that’s happened since then, it’s hard to believe we launched only two weeks ago on September 13th. Before we push forward on our chadventure, we’d like to take a moment to look back on our journey till now:
Our journey begins with a single /biz/ 4chan post, now lost to time forever, on September 5th. As word spread, the chadness of our website drew people from around the world into our Discord and Telegram. By launch, our combined chadmunity had well over 5000 members. Despite the FOMO, we stuck to our chad principles and raised only 150 ETH, all of which was locked up in our initial liquidity pool forever. The community participation leading up to our launch was chadtastic, producing amazing works such as our launch album.
You can view our pre-launch community memes, music, and artwork with the following hashtags on twitter
- https://twitter.com/hashtag/chadsvcmusiccomp
- https://twitter.com/hashtag/chadvolution
- https://twitter.com/hashtag/chadsvcmemecomp
To show our community that we were committed to our longterm chadmap, we also instituted token locks on our Dapp development and team tokens. Five million CHADS from our dapp development fund will vest linearly over the next six months, and our three million CHADS team tokens are locked for three months and will vest linearly for six months after that.
Our game began on September 13 as virgins and chads alike from around the world partook in our launch day. Our goal from the outset was simple — teach people how to trade like CHADS, burn the ones who sold like virgins.
In the first 10 minutes of trading, over 500,000 CHADS were burnt as the circulating market cap swiftly stabilized at $2 million. Though trading at a chadly 15X multiple over the initial listing price of 133,333 CHADS:ETH, we still had much to do before we could ascend to chadhalla on the Moonbeam Network.
And so, we locked the virgins in the basement once again and told them they couldn’t come out until they built us platform worthy of our chadmunity. And we have been busy. In the short two weeks since launch, many things have come together:
- Listing on Coingecko (10 minutes prior to trading start) and in Coingecko’s NFT Category (category 69 👀)
- Listing on Coinmarketcap
- Verified Listings on Etherscan and Uniswap
- Listing on Polkaproject in the newly created NFT category (no longer just Other)
- Over 1.75 million CHADS burnt according to our burn curve mechanism — the supply of CHADS is always decreasing
- Growing our chadmunity to the point that we have over 6500 Discord members, over 2500 Telegram members, over 1600 Twitter followers, and over 2100 unique wallet holders
- Grown to a chadly $5M market cap, over 30 times the initial listing price, and peaking briefly at a $8.75M market cap upon announcement of our NFT Farming program (details later today)
- A partnership with Meter.io to build CHADSWAP, our planned cross-chain AMM on Polkadot, starting with a STACY mining program to bootstrap liquidity soon — https://medium.com/@chadsvc/chadswap-a-new-era-in-amms-9c88ce1efe34
- Released our chadvolution portal to allow CHADS holders to check their objective chadworthiness (NFTs coming soon)
With the impending launch of our Chads of DeFi NFT Farming platform at 21:00 UTC tomorrow (9/29/2020), we will have taken our first steps towards our final destination — becoming the first NFT platform to build on Polkadot and, specifically, the Moonbeam Network.
Though the journey to chadhalla is long and arduous, we know that our chadmunity will continue to support us. Those who stay will ascend with us onto the Moonbeam Network along with their NFTs as we spread chadliness to every corner of the cryptosphere.
We will share specific details of our chadmap for the coming months and our NFT farming launch in a separate medium post released today.
