this post was submitted on 03 Dec 2024
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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

top 50 comments
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[–] admin@monero.town 4 points 2 months ago* (last edited 2 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.

[–] qwerty@discuss.tchncs.de 5 points 2 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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[–] xenu@monero.town 5 points 2 months ago (1 children)

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

[–] oliver_twisted@monero.town 1 points 2 months ago

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

[–] monerobull@monero.town 2 points 2 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

[–] BasedMoneyCollective@monero.town 2 points 2 months ago

0xacf0a30d476b4bec35222a7b5b82db52e8ac6437 sent:0x868bfb582a3df639f32d3a64f62cb10e365037d3845225c88acc936edbd03e67

[–] DieserTypMatthias@lemmy.ml 1 points 2 months ago* (last edited 2 months ago)

online token vending machine

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

[–] XmrLovingAncap@monero.town 2 points 2 months ago (2 children)

Interesting idea 🤔

If it generates a bit of awareness why not 🤷‍♂️

0x760b703B3D87Ac7bB43E73b3bFae1b36CfAc7A79

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[–] anesthesia@monero.town 2 points 2 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

[–] BasedMoneyCollective@monero.town 3 points 2 months ago (2 children)

Sent: 0x7c3505b39fbd8df71e595d2f115f0aca6ffb1aea7b9d059f66422523ec78e875

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[–] fullmetalScience@monero.town 2 points 2 months ago (1 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

[–] BasedMoneyCollective@monero.town 1 points 2 months ago (1 children)

Yes, both points are true. The token was 100% fairly launched via a Uniswap pool. However, after the launch, some bots attempted to snipe the supply. In response, the dev made a larger market buy, which led to the creation of the whale.monerochan.eth wallet. This wallet is where the supply has been burned from, and it's also where the community giveaways are coming from. Once those giveaways are complete, the remaining supply in that wallet will be burned to eliminate any FUD around the large supply.

1. Token Launch and Liquidity Setup

  • Launch Date: Saturday, November 30th (9:27 UTC)
  • Launch Address: 0x22748a8ffcc62940cbab2f800e39832e16088c6e
  • Uniswap Approval: Same day, 10:59 UTC
  • Uniswap Pool: At 11:01 UTC, 1,336,999,999 Monerochan (100% of the supply minus 1 unit due to rounding) and 0.999944806545350012 ETH were added to the Uniswap pool.
    • Pool Address: 0x223efa253de3593ffef5088ffc8e214c2a9c751bc56ab5c25264a08f1498d3a5
  • Liquidity Lock: On December 1st, 12:01 AM UTC, the pool liquidity was locked forever via UNCX.
    • Locking Address: 0xe557face203eca8bf57eb337449e0fb93b8afced92e82914f2e178e4dcf0b229

2. The Burn and whale.monerochan.eth Wallet

After liquidity was added, sniper bots attempted to buy early and grab large amounts of the supply. To prevent this, the dev immediately bought 2.5 ETH worth of Monerochan (address: 0x484b59e42f5025a8ab04fac717b58d25ecc312d125c7bf3315539aa602190fda), which resulted in 789,420,933.056098313445518155 Monerochan—about 60% of the total supply.

3. Airdrop and Burning Plan

  • The whale.monerochan.eth wallet is being used to airdrop Monerochan to the community and start the burning process.
  • The idea is to prevent snipers from holding a large portion of the supply, so we’re giving the tokens to the Monero community and burning the rest.
  • The Plan: Continue airdropping from this wallet, lock up 5% of the supply for a year (the plan was to purchase the 2.5 when the marketcap was larger but we tried to mitigate bots), and burn the remaining tokens. This will be done this week.

4. Why Memecoins and Community Building?

Memecoins are all about building a narrative, and this cycle is focused on creating a strong community. Our goal is to ensure Monero community members receive the tokens with minimal downside risk and potential upside.

We’re making sure that Monero community members get the tokens directly, without the interference of bots, spam, or scammers that typically flood launch channels. We aren’t using any marketing services or running traditional campaigns like most other projects.

Hope this helps clarify things. Please feel free to ask if you have any further questions.

Sent: 0xf1379da5825cb777a7d7050d73c403be2cb317052bb1ad6a325ab1f2b71aa72a

[–] fullmetalScience@monero.town 2 points 2 months ago

This sure clarifies the circumstances. I appreciate the explanation and went on to verify the claims.

Here are the corresponding Etherscan-links to spare others the hassle:

  1. [0x2274] MONEROCHAN creation
  2. [0x2274] Uniswap funding / locking
  3. [0xB9A1] Buying 789,420,933 (at time of writing)
  4. [0xB9A1] Burning of 383,913,580 (at time of writing)

So far I couldn't detect any discrepancies. Note that, on Blockchair, whale.monerochan.eth appears to resolve to 0x0000000000000000000000000000000000000000, while airdrops come from 0x4642, after being funded by 0xB9A1.

Thank you for the onboarding!

[–] key_brolin@monero.town 2 points 2 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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[–] Ammortel@monero.town 2 points 1 month ago (1 children)
[–] blake@monero.town 1 points 1 month ago
[–] cmcsun@monero.town 1 points 2 months ago (1 children)

0x8E3e13554ad5A10b224f9021D77bEE8ECC217c26

[–] BasedMoneyCollective@monero.town 1 points 2 months ago

0x8E3e13554ad5A10b224f9021D77bEE8ECC217c26 sent: 0x0d0f095cec838235ae549a62deef74a921a72d4c615a5c05596e71283b2075f4

[–] oliver_twisted@monero.town 1 points 2 months ago (2 children)

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

[–] oliver_twisted@monero.town 1 points 1 month ago

twist

still waiting for tokens over here? anyone home?

sent 133700 MONEROCHAN to 0x0BE2C1444956008859DcB708e29748A95A3097C5 at tx: 0x8249b7244b96a3e99ab439331f1f3d3d568749ff3f37df3e182f05972365e375

[–] Ammortel@monero.town 1 points 2 months ago (1 children)

0x4b90Ae3520B45408ea805F7aCDA767054cEaA14e

sent 133700 MONEROCHAN to 0x4b90Ae3520B45408ea805F7aCDA767054cEaA14e at tx: 0xfade0da19cb91913c3b97621025ba90eb903981354c4eb63e03bccb799077f90

[–] giulira@monero.town 1 points 2 months ago (1 children)

here is mine 0x99b99902D3AC4c649B6806EbB5C45AF2Da2f6857

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[–] sigmanero_org@monero.town 1 points 2 months ago (1 children)

Cool idea, here is mine 0x24F246614398d3B0D24b73141E33A1e632dc486E

Cheers!

Processing address 2/12: 0x24F246614398d3B0D24b73141E33A1e632dc486E sent 133700 MONEROCHAN to 0x24F246614398d3B0D24b73141E33A1e632dc486E at tx: 0x976f612242db18bde68654c6cc0b33c2e446ea7a62751610e6646dada33e10eb

[–] OsrsNeedsF2P@lemmy.ml 1 points 2 months ago* (last edited 2 months ago) (1 children)

Yolo I'll take free tokens

0x671Faf6C5611E6c4583dE68F0c4B61E5eF0c0B93

(I'm not registered on monero.town but I'm semi active here)

Thanks for letting me know anon. I was about to filter out your address because of the homeserver.

sent 133700 MONEROCHAN to 0x671Faf6C5611E6c4583dE68F0c4B61E5eF0c0B93 at tx: 0xec75c3f27af65d29873f58226171cc7098f8b5bb3ad8e6bf1f083c4c012648c4

[–] blake@monero.town 1 points 2 months ago (1 children)

interested

0xeE8eF0dd9927D6873c6E315ed6c85F1F5F3C4e1B

(  ̄- ̄)

sent 133700 MONEROCHAN to 0xeE8eF0dd9927D6873c6E315ed6c85F1F5F3C4e1B at tx: 0x440d5110063c41e45a18de32c48120e1b780b6f429b66d8d94a9955e420a9707

[–] itsmect@monero.town 1 points 2 months ago (1 children)

Sounds interesting, I'll give it a try:

0x2f4e36e79c50027932bb406e6ddb8ed106d8396f

sent 133700 MONEROCHAN to 0x2F4E36e79c50027932Bb406E6ddB8ED106D8396f at tx: 0x002a9d0e319e4e8cd5a0e889635cb58b8d33aba3ffda964ed3a11ff65412a5a0

[–] gunnm@monero.town 1 points 2 months ago (1 children)

Cool let's try

0x71e711B51D16BD9893c1aA0b83384B5BD844A1A3

sent 133700 MONEROCHAN to 0x71e711B51D16BD9893c1aA0b83384B5BD844A1A3 at tx: 0x7e312529263d561a0acce699e2624cdb3fdc487ff08cc42064a0ed8991717fda

[–] libertodd@monero.town 1 points 2 months ago (1 children)

I like money... 0xad78B87c054Bf05B390327681534C284F10f9a07

sent 133700 MONEROCHAN to 0xad78B87c054Bf05B390327681534C284F10f9a07 at tx: 0x5e6e146b022c2a642c0f850c11e34e1c814a5bbb2127d2e3a8e23c4ce92440ba

[–] galaxy3@monero.town 1 points 1 month ago* (last edited 1 month ago) (1 children)

0x9c969942C559f8AA558d459fd1Cfb3ae6785E95a

Thank you

sent 133700 MONEROCHAN to 0x9c969942C559f8AA558d459fd1Cfb3ae6785E95a at tx: 0x078332579dc35a5069613578df2fbd6c82e9bd6a160ffe19ec6561a4b3862829

[–] cantoro@monero.town 1 points 1 month ago (1 children)

Thank You 0x0dB791c68b768470C505b3f81A8352aBDCE7dfF3

sent 133700 MONEROCHAN to 0x0dB791c68b768470C505b3f81A8352aBDCE7dfF3 at tx: 0x78dc219a61956c0635306ebc3092334e4bb1d2957611b4d90e4b6ecaa5ab0eb2

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