MoonBag

<h2 id="header-0"><strong>VOTING BEGINS ON: 31/07/2024 &#64; 12PM UTC<br />VOTING ENDS ON: 07/082024 &#64; 1PM UTC</strong></h2><h2 id="header-1"></h2><h2 id="header-2">Weighing the Pros and Cons</h2><h3 id="strong-make-an-informed-decision-for-moonbag-39-s-launch-strong"><strong>Make an Informed Decision for MoonBag&#39;s Launch</strong></h3><p>Understanding the potential outcomes of our launch timing is crucial. We&#39;ve outlined several pros and cons for both the August and October launch dates to help you make an informed choice. While these points provide a solid foundation, we encourage you to conduct your own research and consider all aspects carefully before voting. Your decision will shape the future of MoonBag!</p><p></p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/7463a694e82546eaa530300e4d0267fb.png" /><h2 id="header-3"><strong>Option 1: Launch on August 19th</strong></h2><h3 id="pros">Pros:</h3><p><strong>1. Immediate Trading: </strong>Trading will begin instantly, providing immediate access to the market.</p><p><strong>2. Opportunity to Buy Back:</strong> If a price dump ensues, we can purchase more coins at a lower price, effectively reducing the circulating supply.</p><p><strong>3. Staking Lock Commences:</strong> The 3-month staking lock period will begin.</p><h3 id="cons">Cons:</h3><p><strong>1. Liquidity Requirements:</strong> There is currently just over $750,000 for liquidity. Initially, 28.57% will be provided, aligning with our launch strategy, which equals roughly $220,000, the rest will be allocated for the Buy Back &amp; Burn strategy.</p><p><strong>2. Higher Slippage:</strong> Due to the initial liquidity amount, higher slippage might occur, resulting is higher swings.</p><p><strong>3. Excess CEX Listing:</strong> There would no purpose to launch on multiple CEX’s as this would cost further funds in listing fees which would reduce the liquidity allocation further, however as we have communicated that we aim to list on at least 3 CEX’s, we will continue to do so but it may affect the liquidity allocations.</p><p><strong>4. More Coins For CEX:</strong> If the price tanks upon launch, and remains low by October the 11th, we would then need to provide much more coins to CEX’s for the amount of liquidity provided.</p><p></p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/7989756619284c039b58a31f403646db.png" /><h2 id="header-4">Option 2: Launch in October 11th</h2><h3 id="pros">Pros:</h3><p><strong>1. Extended Presale:</strong> The presale will continue until October, allowing us to raise additional capital.</p><p><strong>2. Increased Liquidity:</strong> More liquidity will be available as the presale continues.</p><p><strong>3. MoonTap Launch:</strong> Our new game, MoonTap, will launch, potentially attracting more users and increasing engagement.</p><p><strong>4. Staking Continuation:</strong> Staking will continue until the launch, providing ongoing rewards for stakers.</p><p><strong>5. Multiple Listings: </strong>We will aim to list on multiple CEXs and a DEX simultaneously, spreading liquidity across multiple platforms.</p><p><strong>6. Increased Buy Pressure:</strong> CEX listings typically increase buy pressure, potentially stabilizing and boosting the price.</p><p><strong>7. Market Makers:</strong> Professional market makers will be in action to stabilize price swings and maintain market health.</p><h3 id="cons">Cons:</h3><p><strong>1. Longer Wait:</strong> There will be a further 2-month wait until the launch.</p><p><strong>2. Potential FUD:</strong> Fear, uncertainty, and doubt (FUD) may spread on social media due to users preferring an August launch.</p><p></p><h2 id="header-5">Our Recommendation:</h2><p>If it were our decision, we would opt for an October launch. Historically, July, August, and the first couple of weeks of September are relatively quiet periods in the crypto market. The market generally recovers with bullish trends towards October, which would provide better conditions for MoonBag to raise further funds and boost liquidity.</p><p>Launching in August could result in a &#34;First Come, First Served&#34; scenario where the initial seller’s profit but also drive down the price. This could continue for at least three months until we release the coins earned via staking and initiate our buyback and burn strategy.</p><p></p><h2 id="header-6"><strong>The Voting will beging at 12pm UTC on the 31st Of July 2024<br />The Voting will end at 1pm UTC on the 7th of August 2024</strong></h2><h2 id="header-7"></h2><h2 id="header-8">Voting Process for MoonBag&#39;s Future Launch Date</h2><p>As a community-led project, it only makes sense to enhance our governance features ahead of this crucial vote. We have transitioned from our traditional Telegram polls, where everyone could vote, to a more robust and secure system. Now, only holders of $MBAG can vote on key changes. This new system ensures that each $MBAG coin equates to one voting right, providing a weight-based voting mechanism that truly represents our dedicated community members.</p><p>The vote will be conducted on the presale page of our website at https://moonbag.org/presale. To cast your vote, please follow these steps:</p><p><strong>1. Visit the Presale Page:</strong></p><p>· Go to <a href="https://t.me/MoonBag_official" rel="noopener noreferrer nofollow">https://moonbag.org/presale</a></p><p><strong>2. Connect Your Wallet:</strong></p><p>· Ensure your wallet allocated with <strong>$MBAG</strong> coins is connected to the site.</p><p><strong>3. Navigate to the Vote Tab:</strong></p><p>· Click on the &#34;<strong>Vote</strong>&#34; tab available on the presale page.</p><p><strong>4. Select Your Preference:</strong></p><p>· Choose either &#34;<strong>August</strong>&#34; or &#34;<strong>October</strong>&#34; as your preferred launch date.</p><p><strong>5. Cast Your Vote:</strong></p><p>· Click on &#34;<strong>Vote</strong>&#34; and <strong>&#34;Sign The Message With Your Wallet&#34;</strong> to confirm your selection.</p><p>This method ensures a fair and transparent voting process, allowing the voices of our dedicated $MBAG holders to be heard.</p><h2 id="header-9">Community Participation:</h2><p>We value your opinion and encourage you to vote on this crucial decision. While we&#39;ve outlined several pros and cons, there are certainly many more to consider. We strongly advise you all to research and weigh your options carefully before casting your vote. Make an informed choice for the future of MoonBag.</p><p>Website: <a href="https://moonbag.org/" rel="noopener noreferrer nofollow">www.moonbag.org</a></p><p>Whitepaper: <a href="https://moonbag.org/documents/whitepaper.pdf?v&#61;4" rel="noopener noreferrer nofollow">https://moonbag.org/documents/whitepaper.pdf</a></p><p>Twitter: <a href="https://twitter.com/Moonbag_org" rel="noopener noreferrer nofollow">https://twitter.com/Moonbag_org</a></p><p>Telegram: <a href="https://t.me/MoonBag_official" rel="noopener noreferrer nofollow">https://t.me/MoonBag_official</a></p><p></p>

Community Vote: Launch on August 19th vs. October 11th

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MoonBag

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