The market price shows that mfercoin quickly rose to US$0.045, with a current market value of approximately US$45 million.
It is reported that Sartoshi, the founder of the NFT project Mfer, issued mfercoin on the Base chain with a fixed supply of 1 billion. There will be no additional issuance and no pre-sale. The project initiator will not distribute mfercoin. Sartoshi said that a small amount of funds will be invested to support its liquidity. mfercoin is a typical Memecoin and is not for profit.
1. About 20% of the supply will be distributed to thousands of wallet addresses (NFT holders, artists, community treasury, etc.) in the mfer ecosystem, mainly including:
- Various NFT holders in the mfer ecosystem;
-Artists whom we have collaborated with;
- Community vaults and signers, as well as on-chain mfer contributors.
2. The remaining 80% will be invested in the liquidity pool and no other supply tokens will be retained.
It is reported that the largest single token distribution recipient so far is the mfers community treasury. The community treasury received 10 million mfercoins. This is to ensure that a large amount of mfercoin will be available in the future and distributed in an appropriate manner. The treasury will be controlled by the community. Sartoshi himself has no Control.