🟢 MN Coin Monthly Report - January 2025
🟡 Market-Cap Growth: 44.15K-56.16K +12.01K This Month
🔴 Wallets Holding MN Coin: 164-166 +2 Holders This Month
///All verify links are at the bottom of this post///
🔴 Developments.
Realizing how hard it is to stay consistent without automatic systems in place. The 1 year challenge where I save 0.001 BNB of MN Coin every week for a year has burned me out. I missed a few weeks, and only have a few months to go... The mental strain it takes to manually go in and authorize a new transaction each week is annoying and tiring. I see why we value third party services so much, but they come at huge trust risks.
We give up some level of security and responsibility for convenience, and I see why. Likely technology will improve but for now, this is what we have.
MN Coin will take time to develop. I've put a lot of time and energy into building this, but as of right now, I feel it is too soon for MN to gain much in popularity. When it happens, I hope I can handle the attention it draws.
I don't see much likelihood of any adoptive gains for the next year or three. We are steadily rising in market cap as DEX liquidity for MN Coin is being reduced as new buyers enter. It would be naive to say this is because of deflation as this is because of short term available supply changes in the market.
To prove a deflationary model of value increase, I would like to see a minimum of 30 years of data and major adoption for it to be conclusive. If we just measure short term trends, this will not suffice. We are currently just over a year old. We are an infant.
Measuring deflationary success in value increase over time must come after major adoption has occurred so as to rule out short term changes in market sentiment, as well as the coming of accepting MN directly for goods and services. Accepting MN directly will remove selling pressure on MN if two parties exchange value in MN directly.
I have stopped writing posts on X trying to gain attention, but rather to clarify ideas and express different things I think. It may not always be correct, but I feel it is a good place to share Ideas as MN is seeking to be a hub of information as well as innovation. As usual, we have zero engagement or likes other than random bots.
I've considered allowing someone else who is better than me run the social media, but I'm unlikely to give up this role. No one has invested as much time into this as me and I fully know what I am building. I should be the one in control of these touch points to the public.
It has been discouraging that very few people expressed interest in MN Coin, and the few that did want a short term return and out. I understand this, but I really want to build something that lasts lifetimes. Systems that can outlive us all. I really hope to get people involved who will develop these systems into something that can last lifetimes. I fully understand the work and dedication this will take.
To touch on something important that could be detrimental to the supporting company MN Coin LLC or some of the Treasuries. There is a clause in the treasury that if outside means attempt to control the funds by judicial means or some form of force such as governmental, the entire capital base is burned.
This is done to remove financial gain from any judicial or governmental actions that may and are likely to occur. It would suck to burn the capital base of say one of the treasuries, but this protects the capital base of everyone who trusted MN Coin with their value.
Under judicial or governmental actions, the capital base would likely be liquidated and that comes at the expense of everyone holding MN Coin. Value doesn't come from no where. While money is an idea, it's you that gives it value. This clause protects your value from being taken by prying eyes.
As well, the Treasury System is designed to last indefinitely with a 1% drawdown every year. One, if the capital base is lost, a 1% allocation will dwindle significantly. Two, people contributed to this system expecting this value to be held and distributed according to the Treasury System, which is slow and according to treasury member vote.
We understand that people may be upset with contributing to a Treasury as no MN or any coin is returned for any reason, and if they contribute early, MN is likely to increase in value significantly implementing remorse. I've made it as clear as possible, but I know human nature especially when dealing with money.
If the burning of capital bases does occur, no value is lost, it is stored with you.
I am open to the building of a code base that would store the MN Coin as a Treasury and be out of everyones hands completely, so that all funds are allocated based on the code based rules and Treasury Member Votes. As of current, I don't see a fool proof method to accomplish this. If we use crypto wallets as the keys, we trust each Treasury member to never lose it and keep it secure. I hope people who understand Solidity better than me can contribute ideas. It would relieve a great burden from me if the funds are allocated by a code based system, and no judicial or governmental action could attempt to confiscate it. You trusted me to uphold this system, I am thinking of every potential flaw. This is a big one.
Governments are an integral part of our world and are likely be with us for some time. A part of our Treasury System is allocated to territorial spaces such as North America, Euroasia and so on. These are not bodies to implement rules or laws on the people and ensure their enforcement, but rather to administer guidelines and allocate funds each year reliably to things the Treasury Members feel are worthy. It is likely many of the same people that work in government will be involved in the local territorial Treasuries, and I expect governments of many regions will be in contact with individuals who serve as Treasury members.
The clause stated above of the burning of the capital base if attempts to control the value by force or judicial means also protects the regions from conflicting governments.
Through self interest, those involved will hopefully maintain integrity and good standing with the regions they allocate funds to, but they will also seek to protect it as failure could result in the loss of the ability to allocate funds each year. This is also for governments of these regions, as they would no longer have any chance of receiving funds if attempts to control the value are made. We seek harmony, but recognize and are prepared for the storm.
In a perfect world, we all get along. No one makes mistakes and no one is devious.
I'm not perfect myself, but this is my attempt at creating a system that can allocate funds through time in the most effective ways, and to the most effective causes.
It is likely, we will disagree on where funds should be allocated for the most effective outcomes.
The Treasury System requires a 70% vote to pass a proposal and this is an internal vote as opposed to external vote.
MN Treasury is there to approve or deny proposals to hopefully ensure funds go to justifiable place and stays out of the hands of bad actors. Funds being sent to bad actors would be a blow to the perception of MN Coin and is just not desirable by me.
It should be noted, we cannot allocate their funds unless a proposal is submitted. There is just a chance we deny a proposal for certain concerns we may have.
MN Treasury runs under the Treasury code as the gate keeper.
The Treasury Code is viewable to everyone below.
A good system can outlive us all.
- 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 - 7.6 Billion MN Burned This Month ( 98,672,076,771,894.86 MN - 98,664,387,713,882.26 MN)
Top Holder: MN Treasury
Current DEX Liquidity: 5.8 Trillion MN (6.4-5.8 Trillion MN (- 0.6 Trillion MN this month))
Current Market Cap: 56.16K
Current Price: $0.0000000005707 ($0.0000000004474-0.0000000005707 (+ $0.0000000001233 USD this month))
Liquidity Tokens: Burned 🔥 (verify bellow)
Holders: 166 + 2 Holders
Transfers: 1,777 (1,705 - 1,777 ) +72 Transfers
/stats delivered via PancakeSwap Trading Pair. Link bellow/
Description: MN Coin is a deflationary cryptocurrency designed for savers and holders 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)
January 2025 MN Treasury Data: (In MN)
January 1st Balance: 69,358,629,993,807.24
December End Balance: 69,427,831,515,920.57
Treasury Inflows: 69,201,522,113.3
Treasury Outflows: 0
Month of December 2024 had 69 Billion MN Coin in inflows.
Other Featured Treasuries
Structure:
-Governance
-Charity
-Research
This months featured Treasury is Education 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, please email me.
/
Do you think there is a better, more effective way to educate people?
I would assume, we all agree that there are better ways to educate people in terms of the effectiveness of education and the desired outcome. Setting people up for a better life, a more effective future and the ability to contribute more to our fellow humans.
Truly, we find purpose and satisfaction in contributing to the wellbeing of one another, and effective education can not only set people up for a better life themselves, but for the ability to contribute more to others.
Progress comes one generation at a time.
Education Treasury is intended to contribute funds to education research and furthering the understanding of how to best educate people as well as what is most important for people to learn to live a happy and productive life.
/Note: Your receive nothing in return for funding any of the Treasuries listed on our website. Any funds sent to a treasury can be used for 100's of years to fund its purpose. Only send funds if you believe in the Treasury's purpose and are willing to donate. Treasuries are not currently listed as 501C Non-profits and will not be in effect until Jan 1st 2033. Thank you for your contributions to a better future./
Treasury Members go through a apprenticeship program before they have the ability to become a Treasury Member.
All new Treasury Members after the Treasury Launch Date on Jan 1st, 2033 or after will be voted on by the 13 or more Treasury Members via vote.
All Treasuries Adhere to the Treasury Code