this post was submitted on 03 Dec 2024
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Monero

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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 31 comments
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[–] qwerty@discuss.tchncs.de 2 points 3 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.

[–] BasedMoneyCollective@monero.town 0 points 2 months ago

I understand and respect the value of rejecting price speculation, as it helps maintain a culture focused on the technology and Monero's mission. However, I believe there's a real threat we need to acknowledge: Monero requires higher liquidity than it currently has. A shrinking market cap reduces liquidity, which could jeopardize its utility as a currency.

The anti-moonboy rhetoric in the Monero community is valuable because it keeps us grounded in what truly matters for peer-to-peer cash, rather than short-term profit. But there are challenges that even the best technology can't solve—adoption is a social problem, not just a technical one. For Monero to thrive as a currency, it needs more users who not only accept it but also use it regularly. While price stability is important, long-term price declines are not sustainable for adoption. Monero needs enough exit liquidity and volume to function effectively as a transactional currency.

Adoption leads to the growth of circular economies, which is something we all want for Monero. To make that happen, people need confidence that their holdings will at least keep pace with inflation. The easiest way to achieve this is by increasing demand. More attention on Monero doesn’t mean it will suddenly attract moonboys or turn it into a speculative circus dominated by a figurehead promoting ETFs. Instead, it brings in more people, expanding the anonymity set and increasing its utility as digital cash.


Speculation Isn’t New to Monero

Let’s not forget that speculation has been part of Monero’s history from the beginning. A decade ago, there was a ton of price speculation even within the Monero community. For example:

The subreddit r/MoneroMarkets has been active for nearly a decade, serving as a space for discussing Monero price action. Countless threads show how speculation has been part of the conversation, especially back in 2015 when the subreddit was filled with posts hyping Monero strictly based on price movements.

Price action has never been a forbidden topic in Monero’s history. It’s something the community has navigated thoughtfully without compromising the project’s values. It’s not something we must avoid like the plague.


Speculation Isn’t Inherently Bad

Speculation isn’t inherently bad—it’s how many of us, even within this community, first discovered our favorite projects. While extra attention won't magically turn the community into a bunch of moonboys screaming "WHEN LAMBO", it will attract individuals who are the right fit for this community and its values. Normies aren’t going to do the work it would take to ruin a community. The bar for engagement and culture has been solidified; Monero’s culture is a decade old and mature at this point.


Caring for Monero’s Future

I know we might not see eye to eye on this, but please understand that I care deeply about Monero and have for years. Everything I’m suggesting comes from a place of wanting the best for Monero and its long-term success. Monero has already demonstrated its resilience. Years of deplatforming have had an antifragile effect, making it stronger. We really could use more work on outreach to those already not already in the know. A memecoin from a community known for anime art isn't going to derail Monero's mission. If anything, it could amplify awareness and attract the kinds of users who will help it grow.

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

I like money... 0xad78B87c054Bf05B390327681534C284F10f9a07

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

sent 133700 MONEROCHAN to 0xad78B87c054Bf05B390327681534C284F10f9a07 at tx: 0x5e6e146b022c2a642c0f850c11e34e1c814a5bbb2127d2e3a8e23c4ce92440ba

[–] xenu@monero.town 1 points 3 months ago

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

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

interested

0xeE8eF0dd9927D6873c6E315ed6c85F1F5F3C4e1B

(  ̄- ̄)

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

sent 133700 MONEROCHAN to 0xeE8eF0dd9927D6873c6E315ed6c85F1F5F3C4e1B at tx: 0x440d5110063c41e45a18de32c48120e1b780b6f429b66d8d94a9955e420a9707

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

Cool let's try

0x71e711B51D16BD9893c1aA0b83384B5BD844A1A3

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

sent 133700 MONEROCHAN to 0x71e711B51D16BD9893c1aA0b83384B5BD844A1A3 at tx: 0x7e312529263d561a0acce699e2624cdb3fdc487ff08cc42064a0ed8991717fda

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

Sounds interesting, I'll give it a try:

0x2f4e36e79c50027932bb406e6ddb8ed106d8396f

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

sent 133700 MONEROCHAN to 0x2F4E36e79c50027932Bb406E6ddB8ED106D8396f at tx: 0x002a9d0e319e4e8cd5a0e889635cb58b8d33aba3ffda964ed3a11ff65412a5a0

[–] asudox@discuss.tchncs.de 0 points 3 months ago (1 children)
[–] BasedMoneyCollective@monero.town 1 points 2 months ago* (last edited 2 months ago) (1 children)

I call this BS.

Hey anon, tried to send you your airdrop, but no address, no dice. So I did the next best thing—I sent it straight to the burn address for you. 0x000000000000000000000000000000000000dEaD

Dropped 133,700 MONEROCHAN into the void tx: 0x7190abc24b27442e0d96678ee8927d41e396eff40aa27079c76426ba17e2ad40

Better luck next time.

[–] asudox@discuss.tchncs.de 1 points 2 months ago

good, keep doing it 👍

[–] cantoro@monero.town 0 points 2 months ago (1 children)

Thank You 0x0dB791c68b768470C505b3f81A8352aBDCE7dfF3

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

sent 133700 MONEROCHAN to 0x0dB791c68b768470C505b3f81A8352aBDCE7dfF3 at tx: 0x78dc219a61956c0635306ebc3092334e4bb1d2957611b4d90e4b6ecaa5ab0eb2

[–] Ammortel@monero.town 0 points 2 months ago (1 children)

0x4b90Ae3520B45408ea805F7aCDA767054cEaA14e

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

sent 133700 MONEROCHAN to 0x4b90Ae3520B45408ea805F7aCDA767054cEaA14e at tx: 0xfade0da19cb91913c3b97621025ba90eb903981354c4eb63e03bccb799077f90

[–] sigmanero_org@monero.town 0 points 2 months ago (1 children)

Cool idea, here is mine 0x24F246614398d3B0D24b73141E33A1e632dc486E

Cheers!

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

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

[–] giulira@monero.town 0 points 2 months ago (1 children)

here is mine 0x99b99902D3AC4c649B6806EbB5C45AF2Da2f6857

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

Processing address 1/12: 0x99b99902D3AC4c649B6806EbB5C45AF2Da2f6857 sent 133700 MONEROCHAN to 0x99b99902D3AC4c649B6806EbB5C45AF2Da2f6857 at tx: 0xf146ab4016530968346ec8aee2f92ad9dbf689c1a0cd8e5bb9586faa5ad6cbf3

[–] OsrsNeedsF2P@lemmy.ml 0 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)

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

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

[–] galaxy3@monero.town 0 points 2 months ago* (last edited 2 months ago) (1 children)

0x9c969942C559f8AA558d459fd1Cfb3ae6785E95a

Thank you

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

sent 133700 MONEROCHAN to 0x9c969942C559f8AA558d459fd1Cfb3ae6785E95a at tx: 0x078332579dc35a5069613578df2fbd6c82e9bd6a160ffe19ec6561a4b3862829

[–] oliver_twisted@monero.town 0 points 2 months ago (2 children)

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

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

twist

still waiting for tokens over here? anyone home?

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

sent 133700 MONEROCHAN to 0x0BE2C1444956008859DcB708e29748A95A3097C5 at tx: 0x8249b7244b96a3e99ab439331f1f3d3d568749ff3f37df3e182f05972365e375