KoiPond Launchpad ($KOI) 🎏

KoiPond: Our Future Introducing KoiPond V2 When we initially launched KoiPond, we had a goal in mind to build the best freaking BRC20 launchpad out there. We firmly believe in the potential of the Bitcoin/BRC20 ecosystem, and our commitment to delivering exceptional projects remains unwavering. For the past month, we have secretly been working on a re-designed website, as well as a new model for projects to raise on KoiPond. We’ve heard your concerns about the KOI token have made the decision to remove the use of KOI from all listings going forward. We will be unveiling our new site, along with a brand refresh, reflecting our evolution into a comprehensive Bitcoin Launchpad. While we’ve seen a lot of growth within the BRC20 ecosystem, we’ve also seen other interesting projects including Bitcoin Layer 2s, RUNES, and more. And we’d like for our new branding to really reflect our shift towards being an entire ecosystem launchpad. We’re very excited to show you what we’ve been working on! What’s happening to the KOI token and holders? Inspired by the success of Bounce’s AUCTION token, we created the KOI token to enable users to invest in BRC20 projects and speculate on their success. However, the KOI token’s role has been a topic of debate within our community. The model we envisioned led to significant token dumps, impacting the chart, and as a result, the community’s morale negatively. As a result, we have decided to buy back and burn all KOI tokens. Moving forward, projects on KoiPond will raise funds using ETH or USDT, which we believe is a better approach for both our community and the projects. How will the KOI buy back work? In the coming days, we will launch a deposit portal on KoiPond, allowing users to deposit and burn KOI tokens. This portal will remain open until the 12:00am 1st of June 2024 Eastern Standard Time, after which no further deposits will be accepted. All deposited KOI tokens will be permanently burned. Please note, that our deposit portal will only accept KOI tokens. If you have any wrapped dKOI, you will need to unwrap your dKOI to KOI first. Following this, we will airdrop a proportional amount of ETH from the KOI treasury to those who participated. Who can participate in the KOI buy back? Anyone can buy and deposit KOI tokens. We deeply appreciate the support of the KoiPond community and aim to return our users’ funds in the best possible way. Even if you have sold your KOI tokens in the past, you can repurchase and deposit them to receive a share of our treasury. With love, The KoiPond team