Pledge is a community-centric memecoin, emphasizing trust and reputation through an honor system where participants vow to retain their tokens and publicly affirm their pledge adherence. Initially distributed via a vouch-based airdrop, the project lacks formal backing and features smart contract transparency for pledge tracking. Its unique model involves no institutional involvement, budget, or core team, relying instead on community bonds and public commitment.
Pledge is a community-centric memecoin, emphasizing trust and reputation through an honor system where participants vow to retain their tokens and publicly affirm their pledge adherence. Initially distributed via a vouch-based airdrop, the project lacks formal backing and features smart contract transparency for pledge tracking. Its unique model involves no institutional involvement, budget, or core team, relying instead on community bonds and public commitment.
Pledge is a memecoin project aimed at fostering community trust and reputation. It emphasizes an honor system where participants make a public commitment not to sell more than 1% of their $PLEDGE tokens each month and tweet their adherence to the pledge. This trust-based ecosystem is designed to establish a sense of accountability and transparency among participants, without relying on institutional backing or a formal team structure.
Acquiring $PLEDGE tokens initially required being vouched for by an existing holder, emphasizing a community-driven approach. The project's unique distribution method involved an airdrop where 90% of the supply was equally divided among 900 holders, and the remaining 10% was seeded into a liquidity pool. As the project has no transfer restrictions, token acquisition would now typically occur through this liquidity pool or through arrangements facilitated within the community.
Participating in the Pledge ecosystem connects individuals with a community dedicated to trust and reputation. By pledging not to sell more than 1% of your holdings monthly and publicly affirming this on social media, you become part of a movement that values integrity over profit. This could lead to a stronger community bond and create a culture of accountability among participants, which can have long-term benefits for the project's success and your personal standing within the community.
Pledge uses custom smart contracts to maintain transparency and track participants' adherence to the honor system. These contracts allow the community to monitor each wallet's pledge status, ensuring that users follow the commitment of not selling more than 1% of their $PLEDGE tokens monthly. By making such information public, the project enhances accountability and fosters trust among participants.
Unlike other memecoins that might rely on hype and anonymous trading, Pledge differentiates itself by focusing on community trust and reputation. The project employs an honor system where participants commit publicly not to sell more than 1% of their tokens monthly and regularly confirm their pledge on social media. This method cultivates a strong sense of integrity and community engagement, setting it apart from more traditional speculative memecoins.
If you accidentally sell more than the 1% monthly limit of your $PLEDGE tokens, it is crucial to communicate transparently with the community. Consider making a public statement acknowledging the mistake and reaffirming your dedication to the principles of the project. While the smart contract has no transfer restrictions, maintaining trust within the community is essential to uphold the honor-based ecosystem Pledge promotes.
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