🟢 MN Coin Monthly Report - November 2024 

🟡 Market-Cap Growth: 42K-37.99  -4.01K This Month

🔴 Wallets Holding MN Coin: 165-164 -1 Holders This Month


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


🔴 Developments.

Big month for progress internally on understanding how the Treasury System will operate effectively. Feeling very good that the Treasury System will work well in the organization of people and allocation of resources over large periods of time.

Worried about potential regulation conflicts and drastic political changes in the economic system that would attempt to seize or tax the large capital bases that will be accumulated in the Treasuries that are allocated for the future and to indefinitely operate. The Treasury Model is setup to only allocate 1% of its total year end funds to its purposes and this can accumulate large capital bases that may look very tempting to those with short time preferences. We have seen the abuse of power before in the world and when governments get in trouble financially, drastic measures may be taken again. The Treasury System will likely be setup as a Charity model that will allow it to operate indefinitely without its capital base being drawn down due to taxes. 

We have seen in the US a great deal of companies fined large fines for potential wrong doings and this could be catastrophic for the Treasury System as it does not have the ability to allocate more than 1% of its total funds in a given year. It is very important that this system is setup properly and complies to the best of its ability with general accepted world laws. 

I am not sure who or where the funds would come from if fines were applied to the Treasury System. I don't want to put excess liability on myself to cover fines due to mistakes that may have been made by others independent of myself. The Treasury System was not setup to have excess capital to be allocated to things other than their stated purpose. Just as MN Coin LLC. will be covering the governmental fees if required to properly file anything required to keep the Treasuries in compliance with world law such as Charity or Foundation registration fees. It is likely MN Coin LLC will have to cover any mishaps that may happen. As MN Coin LLC. is not guaranteed funds for operation from the Treasury (MN Treasury), this capital base may be limited and excess funds should be held.

MN Treasury must choose via vote and proposal to allocate a percentage of its 1% budget every year to fund and operate MN Coin LLC. if the Treasury Members feel it is optimal allocation of funds to further the purpose. This requires MN Coin LLC. to keep excess capital year over year or find different revenue sources to operate each year. As the Treasury System is not active until January 1st, 2033, we have around 8 years of no potential funding from MN Treasury. We have around 4.5 Trillion MN in our main wallet that will have to cover all expenses for the next 8 years or beyond. This is a pressing concern and a good reason to keep expenses as low as possible and avoid any potential pitfalls with governments or other agencies that can impose large fines or attempt to control the Treasuries or its funds.

It should be very clear that the accumulation of capital that will be in the Treasuries is not for immediate us and is to be used effectively over generations. If this capital base is depleted, we risk the 1% budget each year being so small that it is insubstantial to the cause it is designed to support.

I and as more people become involved, we will continue to seek to operate all of our systems in a way that provides the best long term impact and sustainability. Like anything, we must survive first, before we can thrive.


Continuing to clean out our X account. Seeking to only have a few main posts then maybe restart from there. It hurts deleting all the information I created on the money of Rome, the Aztecs, different economic concepts and ideas, and the history of money. We got basically zero likes on those posts showing that no one found value in it and we should seek to provide information that people get value out of. We are attempting a less is more approach.


Considering getting a good lawyer/ attorney to look over MN Coin LLC. and make sure I and anyone involved will be protected legally and that MN Coin LLC. and what I wish to do with the Treasury System will be in legal compliance. How to structure the Treasury System has been on my mind as I do not wish to register it until 2033, but the blockchain Treasury Addresses are live now and anyone can send funds to it. A good lawyer is about $500 an hour and I'm not sure I can afford that expense at the moment. Kinda in a grey area at the moment as I believe I'm doing everything correctly but as I am not a legal professional, I don't know for sure.

Applied for Binance Direct listing. Don't expect this to happen for some time, but I wanted to begin the relationship with Binance.com as a listing there would drive new users as well as give people the ability buy MN with different fiat currencies which has been a pressing demand from our users.

Coin Market Cap is still not tracking our live price. I believe it is because of lack of volume on the Decentralized Exchanges to give a good price data feed to CMC. Will keep working on this.

BSCscan.com updated our logo for MN Coin and it looks GREAT! here

I found someone who may be a good fit for the Power & Energy Treasury that seeks to allocate funds for research and development in the field of power and energy, such as electricity generation and so on. I hope to get people involved here as this is a pressing need for our planet and our future.

The website could look better but hey, I did it myself :) will continue improving.







Founder Developments:

Doing a major challenge on Youtube with Minecraft while I devour audiobooks

My birthday was on the 12th and I got myself a book called Uncommon Friends, Life with Thomas Edison, Henry Ford, Harvey Firestone, Alexis Carrel & Charles Lindbergh. Amazing book so far, almost done. I'm 28 now.

Furthering my studies into the sciences and mathematics.


- Audiobooks:

Started: The Science of Energy - Resources and Power Explained from the Great Courses

Finished: Edison by Edmund Morris, Einstein's Relativity and Quantum Revolution by Great Courses & Richard Wolfson, The Story of the Earth in 25 Rocks by Donald R. Prothero, Principles for Navigating Big Debt Crisis by Ray Dalio, Principles for Dealing with a Changing World Order by Ray Dalio, Why Nations Fail by Daron Acemogula and James A. Robison, American Rascal by Greg Steinmetz, Washington by Ron Chernow, Blitzscaling by Reid Hoffman & Chrish Yeh & Bill Gates, Law School for Everyone - Corporate Law by Great Courses & George S. Geis, Going Infinite by Michael Lewis, Dark Genius of Wall street by Edward Renehan, Diplomacy by Henry Kissinger, Thermodynamics - Four Laws that Move the Universe by Great Courses & Jeffery C. Grossman, The Silk Roads by Peter Frankopan, 

Think that is it.



- Books:
Uncommon Friends and Built to Last




- Youtube:
Stanford open coarse ware on Physics https://youtube.com/playlist?list=PL189C0DCE90CB6D81&si=pE9zOBrPHN4SRSoD








MN Coin Information ℹ️

🎯 Contract Address: 0xe34B5DF7EabacAdf00cFB005dd707CC64cD01856

Blockchain: BNB Smart Chain 🔸

Transaction Fee: 10%
Burn Rate: 1% per transaction
Treasury Funding: 9% per transaction
Max Supply: 100 Trillion
Current Supply: 98.6 Trillion (- .1 Trillion( 98,678,203,460,783.09 MN)) ** Will update to exact figure here next month

Top Holder: MN Treasury

Current DEX Liquidity: 5.9-6.72 Trillion MN (+ 0.82 Trillion MN this month)
Current Market Cap: 37.9K
Current Price: $0.0000000004334-$0.0000000003718 (- $0.0000000000616 USD this month)

Liquidity Tokens: Burned 🔥 (verify bellow)

Holders: 164 -1 Holders
Transfers: 1,556-1,651 +95 Transfers

/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 to view full Treasury code)

November 2024 MN Treasury Data: (In MN)

November 1st Balance: 69,104,727,332,223.84
November End Balance: 69,303,489,793,813.13
Treasury Inflows: 196,762,461,589.29
Treasury Outflows: 0

Month of November 2024 had 196 Billion MN Coin in inflows.


Other Featured Treasuries

Structure:
-Governance
-Charity
-Research

This months featured Treasury is Space Treasury!

To Infinity, and Beyond! Space Treasury is a Research Treasury that is designed to allocate resourses to the study of Space! If you are in to all things space, then this Treasury is for YOU.

If you are worried about the extra space needed for that new couch, just think how much space there really is.


/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./




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.

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