Summary
The need for a crypto token that can empower the black community has long been felt. Certain projects that can represent and celebrate black culture, heritage, and achievements while supporting black-owned businesses have been an initiative that many have thought of but haven’t turned into reality until now. NIGGA Coin has come up with a way that can empower the entire black community worldwide by functioning as a social currency. Let’s take a deep dive into what NIGGA Coin aims to achieve going forward.
What is the NIGGA Coin?
NIGGA Coin is a disruptive cryptocurrency that aims to provide economic liberation and cultural appreciation to the black community. It acts as social money, allowing coin holders additional chances for unity and financial development.
Meme Soil Lab, an innovative blockchain development firm, issues NIGGA Coins. Meme Sol Labs employs this technology to empower communities and foster economic self-reliance amongst the African-American community through its operations on blockchain. Key investors include EQT Ventures, which has supported the project’s growth from the start.
Mission Statement and Objectives
Several black rights organizations have collaborated with Meme Sol Labs to enhance and empower the global black community. These initiatives include those that are aimed at promoting financial independence and cultural identity among the African American population. Some of these initiatives include:
- Legal Assistance: Working together with defense funds to offer legal support.
- Educational Programs: Partnering with educational groups to offer bursaries and learning opportunities for black students.
- Social Awareness Campaigns: Collaborating with organizations that advocate for social justice issues in order to promote equality.
Key Features and Benefits of the NIGGA Coin
- Promoting Economic Freedom: Designed to increase the economic independence of the black community, NIGGA Coin will provide diverse opportunities for development and build economic self-reliance.
- Cultural Celebration: NIGGA Coin is an avenue that celebrates and remembers the cultural tradition of those within the African-American race, thus boosting pride and unity in society.
- Social Currency: As a social currency, NIGGA Coin offers unique benefits and opportunities to its users, thereby fostering oneness in diversity across the community.
- Using Blockchain Technology: By using Meme Sol Labs’ innovative blockchain technology, NIGGA COIN has established secure and transparent platforms for transactions.
Tokenomics: “NIGGACONOMICS”
NIGGA Coin’s tokenomic model, known as NIGGANOMICS, seeks to empower its community and drive substantial innovation while distributing 888,888,888,888 $NGG.
- Presale: The token generation event presale (TGE) is allocated at 266,666,666,666 $NGG, which constitutes 30% of the total supply. This part is meant for raising initial funds and financing project developments during the early stages.
- Liquidity Provision: To guarantee adequate liquidity across decentralized and centralized exchanges, 25%, or 22,222,2222 $NGG, is reserved. It ensures easy trading and stable prices in these markets.
- Community Incentives and Rewards: 15% of the total supply, totaling 133,333,333,333 $NGG, is earmarked for community incentives. These incentives include airdrops, staking rewards, and various community events aimed at encouraging user participation.
- Marketing and Partnerships: Another 15% of the total supply, or 133,333,333,333 $NGG, is allocated for marketing and partnership initiatives. This allocation aims to raise global awareness and expand partnerships, featuring a 6-month lockup and a 10% distribution plan to ensure sustained promotion and collaboration.
- Development and Foundation Operations: 10% of the entire supply, totaling to 88,888,888,888 $NGG, is secured for continuous development and foundation works. This pool covers perpetual updates and operational expenses with a similar half-year holding period, followed by an allocation of 10% to enable consistent progress and maintainability.
- Early Contributors and Team: 4% of the total supply, which comes to 8,888,888,888 $NGG represents an emergency fund. This reserve has been put away for unexpected events and emergencies which act as a buffer safeguarding against shock absorbers necessary for resilience as well as stability of the project.
Roadmap Details
The roadmap is divided into four phases as follows:
Phase 1: Project Preparation and Presale
This phase is involved with project planning and preparation, such as what the project wants to achieve, its objectives and initial plans. In addition to that, this process helps in creating a social media buzz around Nigga Coin, with vibrant communities being built through social media campaigns and other events. These include, but are not limited to, events celebration black culture, such as black History Month or Kwanzaa. This phase peaks during the presale launch where 30% of NIGGA Coin is sold for seed capital.
Phase 2: DEX Listings and Market Expansion
In the second stage, NIGGA Coin will be listed on multiple decentralized exchanges (DEXs). This is mandatory in order to ensure there is enough liquidity needed for seamless buying and selling of tokens. As part of it, large-scale marketing campaigns will be launched, including working with African-American celebrities, who can help enlarge its market presence. The aim here has been deliberate investor focus that would subsequently set NIGGA Coin’s market worth.
Phase 3: Doing a successful Staking Launch and Tier 2 Exchange Listings
Staking rewards and airdrops will start in the third phase to encourage community participation. Furthermore, this phase concentrates on introducing real world use cases that will make the coin more useful. To further strengthen the community base, cultural partnerships are formed with Black cultural organizations. Moreover, there are multiple listing of NIGGA Coin scheduled on Tier 2 exchanges to expand its market presence.
Phase 4: Going Global and Tier 1 Listings
The last phase is about worldwide promotional activities to boost the brand visibility at an international level. In addition, this stage involves verification and and scheduling for major listings on top tier one exchanges, marking a significant milestone in NIGGA Coin’s global publicity efforts and adoption journey.
Presale Information
Anyone who sends tokens amounting to the 50,000 SOL target will qualify as a pre-sale contributor.To buy $NGG Coin, follow the following steps:
Step One: Set Up Your Wallet
Start with going to the official Phantom Wallet website. Download Phantom Wallet by using the prescribed guide, either a browser extension or an app for iOS and Android. Keep safe the seed phrase given during setting up so that you can access your $NGG tokens securely.
Step Two: Get Some Solana Tokens
Solana tokens ($SOL) have to be acquired to purchase $NGG since it operates on the Solana blockchain. There are several cryptocurrency exchanges where you can buy $SOL such as Binance, Coinbase, Kraken, BYBIT, Bitget, Mexc, Bingx and Crypto.com among others. Choose an exchange that is preferable to you and buy enough $SOL.
Step Three: Send Solana Tokens To Your Phantom Wallet
Transfer $SOL which you bought into your Phantom Wallet. Within the Phantom wallet use “Receive” function so as to get your wallet address. Make sure there is enough amount of $SOL to cover any fees incurred in transactions. This phase is important in securing your funds prior buying NGG tokens.
Step Four: Purchase of a $NGG coin
Prepare for pre-sale of $NGG ,which will start soon .Stay Alert and act fast in order to secure some : $NGG .
Conclusion
NIGGA Coin stands at the forefront of empowering the Black community through economic freedom and cultural celebration. By functioning as a social currency, it fosters unity and financial development among its holders. Issued by Meme Sol Labs, leveraging innovative blockchain technology, NIGGA Coin supports initiatives like legal assistance, educational programs, and social awareness campaigns.
