🟢 MN Coin Annual Report - 2024 

🟡 Market-Cap Growth: $1,550-$49,320   +$47,770 This Year (+ 3,081.94%)

🔴 Wallets Holding MN Coin: 164   +Unknown Holders This Year (Unknown data, will update next year)


///All verify links are at the bottom of this post///


🔴 Developments.

2024 has been a long year. Feels like more than one year has passed with everything that was accomplished. While we did not hit our internal goal of reaching $1 Million Market Cap, we did lay the groundwork for a strong foundation.

We learned much over the last year. One of these things being that it is very hard to build and maintain a strong audience. There are many services offering bots to uphold the appearance of a strong audience, but we where never willing to drop that low.

A few marketing promotions were purchased through fiver for youtube video reviews and these had no effect at all other than a dm box full of people offering more promotions. The decision was made to no longer pay for advertising for the time being. Every influencer we worked with had mostly fake or non responsive followers. We are working to develop organically and build a following so strong, nothing can penetrate it.

Over the year of 2024, we developed and refined our logo into the color scheme it is now, as well as refined the marketing slogan. The logo is now a black and white design which we feel is clean, recognizable, and the colors fit the brand better. Previously our logo was Red and White, and it was seen that this attracted more drama and those with short term mindsets. Black and White is hoped to signal purity and strength.

The slogan has been improved upon. Previously our slogan was just 'Save Deflationary' and while we in our niche of the cryptocurrency community understood this meaning, the average person tended to not understand the deflationary part. As well the term deflationary can be misinterpreted as the coins you hold will disappear with time... While that slogan is still present, we decided to upgrade to the slogan 'Forever Money' as this more accurately signals what we are attempting to build. Looking to signal long term wealth storage as a motto, Forever Money signals this well.

This year we also got our logo shown on BSCscan.com, and got an updated description for our project there. We also are listed on CoinMarketCap, although our live price is not shown until we reach $1,000 in daily volume. Sadly, we have not gotten our logo to show up for MetaMask, TrustWallet, PancakeSwap and other platforms.

Major leaps and bounds were made this year in the understanding and structure of the Treasury System. In a way, this is what is most exciting, but what makes it all possible is the use of a deflationary currency. The Treasury System will not be up and running until January 1st, 2033 at the earliest as we need time to find and train the initial Treasury Members. While we have not found much interest yet, I am confident we will find people who value each of the Treasuries Causes and are willing to contribute their time and energy to it.

Been quite the year for new holders coming and going. The long term mindset is sometimes too much for people who want immediate returns on capital, and we understand that. We feel much better about building slowly with sustainable growth rather than quick hype and flash crashes as most short term investors want. We are here for the long haul, and we hope you are too.


We did a complete overhaul on our X/Twitter account as our engagement dropped to zero. We did a whole series on the history of money showcasing ancient Roman coinage, ancient Greek coins and many other ancient forms of money all the way up to modern paper money and credit cards. It was really hard to delete all these posts as a lot of time and energy was put into them but there was no engagement and our followers seemed not to care. Our engagement is still basically zero but we only have the main information and updates for MN Coin on there. Our followers were likely drowned in information or for some reason, people didn't enjoy any of the posts.

That brings up the concept of the many failed actions we have had in terms of marketing, growth and engagement. 

Giveaways were somewhat successful in engagement but we could never get more than a few people to engage, and those who did engage rarely stuck around after. Giveaways seemed to be more of a short term mindset and this was not what we are trying to promote with MN Coin. 

But, this was not all

In attempting to engage with a more tech friendly demographic, the gaming niche was identified. Many of our new users required someone to walk them through how to get setup with cryptocurrency and actually get to the point of holding MN Coin in their wallet securely. The gaming niche was thought to be a good step to a more tech friendly and coming of age generation to get involved with MN Coin.

A Minecraft server was started as well as a CODM account to start making content and engaging with people in the gaming niche. Sadly, the majority of people in the gaming niche seemed to be very young and had no interest in long term savings. In hindsight, this makes perfect sense as youth are less likely to be those engaging in saving. So this idea is so far a bust. We took down all the gaming videos we had even though they tended to have higher engagement.

Wallet cipher challenges to get the private key to a wallet with BNB and MN Coin in it were done. A big multi wallet challenge was conducted called the Castle Keys Challenge that had 13 wallet ciphers to unlock a multi-signature wallet with 13 Billion MN in it. Another wallet called the ACE Wallet was setup. These challenges were never solved by anyone sadly, but that may have been all for the good. The challenges are deleted from X and the coins are likely lost forever, but it is a potential legal concern for the future. Technically no one owned the wallets as we no longer had the keys, and we were the last contact point supplying MN Coin to these wallets. The potential mistake is if someone solves the challenge and sets up code to take the BNB you might send in to move the MN Coin before you were able to move the MN Coin out. So, no more wallet challenges and this is stated repeatedly, WE ARE NOT RESPONSIBLE FOR ANY LOSSES THAT MAY OCCUR DUE TO WALLET CHALLENGES. All wallet challenges should be treated void, all coins lost, and no previous challenges should be attempted as the information for the ciphers is deleted.

In short, our main failures for the year are:
- Loss of audience engagement
- Marketing blunders
- Wallet challenges



On a high note, our market cap is up over 3,000% in the year of 2024. 
 

The good things I'm excited about are the development of the MN Treasury System that hosts Perpetual Treasuries using MN Coin and the steady proof that deflation does work to increase value over time.

We had a new holder enter to hold MN Coin and sell out completely several months later and the price stayed above the point of entry, likely due to the burn rate of MN Coin on each transaction. This burn rate ensures that MN Coin gets scarcer and scarcer with time to incentivize value increase over the long term. Short term rises and falls can still occur just as can be seen in our price chart, but the long term trend has been upward. 

While we have only been around for a year, we are beginning to see the results of deflation incentivizing value increase with time. It cannot be guaranteed that every year will be upward, or really that any year will be, but the deflationary model of MN Coin incentivizes value increase with a consistent demand for MN Coin.

It is important that you understand that we are not able to create market demand for MN Coin, we were able to set the monetary policy of MN Coin so that 1% of each transaction is burned forever.

Now, why does this matter?

The value of MN Coin regardless of its monetary policy is based on market demand for MN Coin. Value comes from people.

The deflationary model is designed not to mess with demand for MN Coin, but rather to incentivize saving by reducing the total supply with time. There is a transaction cost of 10% on each send of MN Coin with 1% of this being burned forever, and all this from a fixed total supply of MN. The transaction burn is designed to reward holders of MN Coin the longer they hold it because with each transaction of MN Coin, the available supply of MN Coin is less and less, making your holdings that much rarer. With a stable demand for MN Coin, the value of each MN should raise with time.

As said before, this is not guaranteed as market demands fluctuate, but if MN Coin can capture a large part of the market and gain decent transaction value each year, the total supply of MN Coin will become scarcer every year and even every day.


I really don't have anything more to say about MN Coin for the year of 2024. I have a lot on my mind and I'm a little dissapointed in the slow growth and lack of community engagement for the year, but we are making progress.

Hope to see you in 2025!
- Chalk








MN Coin Information ℹ️

🎯 Contract Address: 0xe34B5DF7EabacAdf00cFB005dd707CC64cD01856

Blockchain: BNB Smart Chain 🔸

Transaction Cost: 10%
Burn Rate: 1% per transaction
Treasury Funding: 9% per transaction
Max Supply: 100 Trillion
Current Supply: 98.6 Trillion   - 1.4 Trillion MN Burned This Year  
Top Holder: MN Treasury

Years DEX Liquidity: 30-6.4 Trillion MN (- 23.6 Trillion MN this year)
Years Market Cap: $1,550-49,320K (+$47,770 Mcap this year)
Current Price: $0.0000000000159-$0.0000000005002 (+ $0.0000000004843 USD this year)

Liquidity Tokens: Burned 🔥 (verify bellow)

Holders: 164  + Unknown
Transfers: Unknown-1,705 +Unknown Transfers

(Will have full data next year)
/stats delivered via PancakeSwap Trading Pair. Link bellow/


Description: MN Coin is a deflationary cryptocurrency designed for savers and hodlers who wish to grow their wealth with time and store value for your future. By using deflation to incentivize long term value increase, MN Coin is designed to protect and potentially grow your wealth with a long term time horizon.

Try saving regularly in MN Coin for a Year.



MN Treasury 🏛️

MN Treasury is the main project treasury for the MN Coin Project and is operated according to the Treasury Code.

Treasury Code Highlights: 
- Treasury allocates up to 1% each year
- 13 or more Treasury Members to operate a treasury
- Treasury allocations are governed by vote

(view apply for Treasury Member link below)

2024 MN Treasury Data: (In MN)

January 1st Balance: Unknown
December End Balance: 69,358,629,993,807.24
Treasury Inflows: Est: 69,358,629,993,807.24
Treasury Outflows: 0

Year of 2024 had 69 Trillion MN Coin in inflows.


Other Featured Treasuries

Structure:
-Governance
-Charity
-Research

This Years featured Treasury is Moon Treasury! View bellow





Verify Links

Website: https://www.mncoin.com
MN Treasury: https://www.mncoin.com/t/mn
All Treasuries: https://www.mncoin.com/t
BSCscan: https://bscscan.com/token/0xe34b5df7eabacadf00cfb005dd707cc64cd01856
Live Price: https://www.geckoterminal.com/bsc/pools/0xb04eba2d061389aec9bac0fa55a5f012962dbec2

DEX Listings:
- PancakeSwap: https://pancakeswap.finance/swap?outputCurrency=0xe34B5DF7EabacAdf00cFB005dd707CC64cD01856
- BabyDogeSwap: https://babydogeswap.com/swap?outputCurrency=0xe34b5df7eabacadf00cfb005dd707cc64cd01856
- ApeSwap: https://apeswap.finance/?outputCurrency=0xe34b5df7eabacadf00cfb005dd707cc64cd01856


DEX Liquidity Burned Proof: https://x.com/moneycointeam/status/1740648118251597981

Apply to be a Treasury Member: https://www.mncoin.com/apply-to-be-a-treasury-member


Contact us:
- Email: austin@mncoin.com
- X: @moneycointeam



If you would like to make suggestions for additions to be included in the MN Coin Monthly Report, reply @ us on X with your suggestions! @moneycointeam



/Disclaimer:

Not currently available to US Citizens and may not be available in your region. Make sure to check with local guidelines before proceeding.

MN Coin is an independent cryptocurrency that runs on the blockchain giving owners of MN Coin full control of their MN Coin to the extent the BNB Smart Chain allows. MN Coin does not give ownership in any company or business and should be treated as a currency trading with value based on current market demands. MN Coin LLC. is not responsible for any misuse or losses that may occur. You are fully responsible and are able to take responsibility for any actions you take involving the cryptocurrency MN Coin.

MN Coin LLC. through social media platforms such as X and Youtube attempts to provide accurate information on the cryptocurrency MN Coin but we are not liable if we provide inaccurate or misleading information. This can occur due to mistakes or due to one of our team members not knowing any better. Always do your own research and use the best available tools and advice to make your decisions.

Be careful with scammers and impersonators. We will not ask for your private keys, passwords or any of your sensitive information. Our only official X account is @moneycointeam and our official email is austin@mncoin.com

If you have questions, email me.

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