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Solana Memecoins

following on from the Lead Team’s discussions earlier this week, we are now extremely excited to share with you guys a new direction for $NGMI. Initially, we have decided that a re-brand is necessary and we hope that you like the new artwork (above). We are waiting on some final pieces from our designer so expect to see the rest of the collection soon, including new TG stickers. We will shortly be instructing a developer to build us a new website, showcasing our new brand and artwork.

Here’s what else we can share with you !!!

  1. Multi-Utility NFT’s

Our developer will also be building us an NFT minting page which will be linked directly from the new website. Here you will be able to mint your NFT’s directly. These NFT’s will serve multiple purposes – holders will be eligible for a share of the HUGE liquidity airdrop that we are planning to give away and will also give you a share of our revenue. More details to follow soon…THIS IS EXTREMELY BULLISH !!! 👀

  1. Liquidity Airdrops

The Lead Team currently hold around 7.36% of the supply of $NGMI. We are planning to give away the majority of this supply to the community in two separate airdrops when we hit $100M and $200M MC. The value of these two airdrops is estimated to be ~$3.6M and ~$7.3M !!! There will be certain criteria that has to be met to be eligible for the airdrops. Hint: You may need to hold a certain amount of tokens in your wallet too ! More details to follow soon…THIS IS EVEN MORE BULLISH !!! 👀

  1. Side Investments

The Lead Team would like to inform you all that we have formed a Treasury Fund. Firstly, we have a significant position with the DeFi project MintStakeShare (on BNB and BASE chains).

How does MintStakeShare work ?

The MSS token can bought on either BNB or BASE chains. Those tokens are then staked which then earn 2% a day when compounding, or 1% a day if claiming. Each time you claim, that amount of tokens are deducted from your staking balance. Therefore, the protocol rewards people that compound more than they claim. The protocol will be releasing the details of their lending product in the coming weeks, along with some other products that will give MSS further utility. We feel that MintStakeShare will provide us with a good steady income which we will use as a revenue source for $NGMI (marketing, buy and burns, competitions etc). Currently, MSS is producing around $160 a day for us. We anticipate that this figure will be around $1000 a day come mid-December.

They currently have a promotion running until the end of November which gives all new deposits a 50% bonus. For example, if you buy 10K MSS tokens and stake them, you will receive an additional 5K MSS tokens added to your staking balance. If anyone within our community wishes to take a further look at MintStakeShare, please consider supporting $NGMI by using our referral link (this link will take you directly to the MintStakeShare website home page) – https://mss.onl/kv1EPw

We have also put some funds to work providing concentrated liquidity on various Solana pairs which is currently earning us around 7% a day. We will continue to grow our positions whilst we build out our new products.

  1. Marketing

We have been busy vetting and compiling a list of callers/KOL’s that we intend to work with in the future. We want to ensure that the money we spend has an impact, so we will be very careful with our choices and with our timings. We may decide to try out a caller shortly after this announcement is made, but who knows !!! 👀

CA: NGMiXUJbCVaa3cYggper7fZudvG6MFk6DwsnrULy65Q

Fading again? Not gonna make it !

https://www.ngmicto.com/

Telegram: NGMICTOPortal

x: ngmi_bp

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