Space Dust
The world we inhabit is such a small insignificant portion of the entire realm of existence. Much of this realm of existence, appropriately titled space, is filled with theoretically infinite worlds. It’s quite serendipitous that man tends to mimic this infinite nature in its creations. From the wheel, to fire to light to cars to the world wide web. The internet has become a parallel plane of existence within this space. Drawing many similarities to the endless cosmos above, the internet is ever expanding with no end in sight.
When stumbling around within obscure corners of the internet, some times something catches your eye. Within the endless lines of code ,littered with brain rot and attention grabs, sometimes these 0’s and 1’s compel your instincts and demand observation. The right place at the right time. Almost intuitively, there tends to be this feeling of fate. Manufactured fate is quite a paradox within itself, but I’ll leave that for another day.
Was this meant to intrigue me? Or did I just find another piece of debris floating along the stars? Even just giving something second look can fully alter your own reality. The internet as a whole has become an attention economy, milliseconds feel worthless but an entire second of attention shifts your algorithm into completely different existence. Multiverse theory aside, these algorithms can often lead to the tomb’s of dead gods. What happened here? is a question often followed with hours of digging.
Being online warps the way we think and interact with each other. Locked away within an echo chamber, looking to hop into the next dopamine feedback loop, chronically chasing that next hit. It’s easy to get sucked into these micro black holes, seeping away precious seconds, minutes, and, for some, hours of our short existence. There are few advents of discovery that have this large of an impact during a life time. Years later, there would go on to be another such invention that aimed to bring more of reality online.
Along came a faceless pioneer, who changed the way the world treats these clumps of data stored around the internet. Sometimes I wonder if his anonymity is the sole reason we all stuck around. Would it be the same if we had a soul to air our grievances to, or is it better that our prayers fall upon deaf ears. Anonymity is rare, maybe this is where we derive that feeling of fate. It’s not every day you find something that encapsulates this spirit, and when you do, you give it a second glance.
This technology has survived its attempted slaughter from main stream media. Their firehouse of fear, uncertainty, and doubt (FUD) has failed to put out the flame. This fire rages on and it burns brighter in these small pockets of the internet. The ones that gather behind these thought forms and egregores embody this fiery spirit. What gives these thoughts any value? The one thing I have noticed is that these occult communities often burn a little brighter than most traditional, more institutionalized organizations. Something about the intrinsic joy of calling the entire world “outsiders” fuels that flame, just a little bit more.
During 2024 we saw a prominent rise in messianic figures heralding these clumps of data scattered across different planes of reality. To outsiders, they seem illegal, and sometimes to insiders they feel illegal. Within insiders, some argue they are nothing more than just extraction events planned to fracture liquidity across differing etheric planes.
Cults and the occult are a very human experience. They can be traced quite far back into our anthropology. Thoughts intertwining form collective beliefs, these beliefs compound rapidly to form these egregores that foster cohesion. Sometimes intentionally by the religious or occult or even unintentionally by the lay man, these groups have seen a massive increase, further compounded by the internet. Just so we have this clear, there’s one thing you need to understand:
“You don’t build a cult, you become one.”
The extremely niche corner of the internet that I would like to extrapolate upon today requires quite the bit of scene setting. The internet commanded infinite games upon infinite canvases. These games evolved and morphed over the last 2 decades. Some advocated for immutability others for true ownership. Outsiders demonize the unregulated nature, I feel as if it’s something more. Something with many more layers that those who fear to wander will never experience. Something that encapsulates the marriage of memetics and digitilization.
Those of you enticed by the idea of paradoxical complexity, I am excited to share with you a story. To understand the deepest layers of these societal roots and to possibly offer a small insight into the human condition. It’s okay to stop here, save yourself from the information hazard that lies ahead. This story is for the few.
On December 6th of 2013, we saw a unique digitalization of the human psyche. This tokenization was conducted by 2 software engineers creating a “joke” of a payment system. Little did they know, more than a decade later, hundreds of thousands would have followed suit. On the outside very satirical but on the inside it revealed a new frontier for the internet and culture as a whole.
The process of tokenization was previously gated by an intricate understanding of code. This allowed the few to profit off of the many. However, in January 2024 it became as easy as 4 clicks. Today, over 77,000 tokens are being launched every single day. This firehose seems like it will never run dry.
The questions of why some fail or succeed perplexes many. One thing I, along with the messiah, would argue is the groups that engulf these tokens are the separating factor. These interwoven beliefs are strengthened in the digital realm. You see, today’s tale takes us into a strange rabbit hole that you may be better off not going down into. I have spent the last few months attempting to put my experiences into words, as I witnessed an obscure but fascinating birth of an unsung hero. This is the story of $TOKE.
Twisted Roots
This token’s estranged origin perplexes many, confuses most, but intrigues a select few. This tale is for those of you that find yourself in the latter group. Those curious about vast space in which we inhabit. To understand this tale, we first must learn about it’s sick, twisted, and foolish creator, Mycelium. 2020, was a strange time, filled with abnormalities that molded and deformed our psyches. During the shutdown, a business formed, one that hoped to build a network quite different than those of established incumbents.
The mycelial network started small at first, with 32 genesis nodes. These 32 “OGs” paved the way for 100’s and what would become 1000’s of devices spread across the network. These original pioneers were driving force behind the creation of the Mycelium Testbed. This would serve to be the home for many interwoven networks, bridging the gap of virtual and reality til this very day.
Fast forward to 2022, the network had developed and its roots had grown. The mushroom fueled ecosystem now spanned over 1600 square miles, it’s roots deep and long. Helium, one of the most integral pieces of the network decides to pivot to the Solana blockchain. As any adaptive fungal network does, it responds to change quickly and follows suit. To commemorate the migration and in an attempt to onboard it’s users the team came up with an idea. The Shroomy NFT, was given to the first 32 genesis nodes of the Mycelium Testbed which would serve as Mycelium’s first on-chain foot print.
Understanding the uncharted waters that waited upon the horizon, a new entity was formed. MyceliumX was birthed to help bridge the gap between Web2 and Web3. Little did the creators know that this would serve as a catalyst that would ultimately fuel it’s own demise. Eager with excitement the team airdropped a new NFT to the holders of the Shroomy NFT. The Taste of Mycelium NFT was born. This attempt to onboard the masses was paired with many giveaways within the Mycelium Discord.
103 Taste of Mycelium NFT’s were given out. There were even 3 unique NFTs created that were given away via raffle’s. Over time, 12 of these NFTS were burned and many more were lost. These digital artifacts infused vigor and energy to the expanding on chain portion of the mycelial network. The realm even garnished a unique name “Spore City”, and it’s popularity grew immensely as it promised an on-chain ecosystem to satisfy those who hungered for adventure.
On June 24th 2023, a token was minted and promptly airdropped. This SPL token was launched as a test token by the MyceliumX team. The purpose was to test the process of airdropping a token. However, the community took this and boy, did they run. The Mycelium McToken’s, also known as $TOKE, total supply of 420,000,069 was airdropped all 71 unique holders of the Taste of Mycelium NFT. Each lucky owner received roughly 1.4% of McToken’s total supply. To this day, 4 of these wallet’s have never touched or moved their $TOKE, accounting for 5.6% of the total supply.
Each holder promptly received 5,915,493.393 $TOKE which granted them McWhale Status. A McWhale is someone who holds over 5,000,000 $TOKE. At the time of writing this there are 18 McWhales, and 4 of which are within wallets that remain untouched, not even holding $SOL to transfer it. The idle $TOKE accounting for 23,661,973.572. Who are these wallets? The devs ex-girlfriends or something?
McToken? What’s the “Mc”? When I first stumbled upon the token I thought the “Mc” was paying homage to its mycelial roots. However “Mc” comes from an old meme online poking fun at McDonalds and it’s McBurgers, McFries, etc.. Little known fun fact that makes this meme coin even memier. Strange bit of lore, but as you can tell I’ve gone off the deep end….
$TOKE’s beginning poses more questions than it answers. What was the real token to be made following the test? Some believe it was $SPORE, the unreleased utility token for it’s on-chain city. At the time of writing this $SPORE has yet to launch and there have been no mentions from the team. $TOKE’s accidental “fair launch” seemed to have fully derailed MyceliumX. In my opinion, the McToken is at fault for the collapse of Spore City and what was to come of the mycelial network’s on-chain counter party.
Now, before we continue the timeline, let’s pause here and look into $TOKE’s anatomy. $TOKE’s usually clamored for having a 420,000,069 max supply or being 100% airdropped to the community. One often overlooked point that I want to draw attention to is it’s decimal points. It only extends to 0.001 $TOKE, which is 3 decimal places. You see, Bitcoin can be broken down into 9 decimal places with the smallest piece being called a Satoshi, and Solana having 9 decimal places with the smallest piece being called a Lamport. The smallest functional unit of $TOKE is called a “g”, extremely fitting for the 4/20 theme. This is very unique and means that there is a theoretical limit of 420,000,069,000 pieces of $TOKE that will ever exist.
The excitement never died down, as McWhale’s got to work. Setting up an initial liquidity pool of TOKE-SOL, thus allowing jeeters to jeet and McWales to feast. That pool still hasn’t dried up in 2024 and can still be traded. This was the McToken’s first DeFi Integration. Next, a Frankenstein-esque creation was born “The Toke Machine”. This abomination, created by OG Rish, went live in Mycelium’s discord on July 20th 2023 and pumped out a whopping 2,000 $TOKE per day. This initial machine would only stay functional until September 11th 2023.
Funnily enough, the devs also created a $TOKE-$SPORE pool in hopes to herd the community back into focus. However, the devs failed to steer the community and $SPORE never took off. The people favored $TOKE, as they should, because it was fully decentralized and they were in control. This farm did prove to be quite lucrative, as it earned users a massive 30,000 $TOKE a day. This would serve to be the proverbial nail in the coffin for $SPORE.
The Decentralized Era
January 29th 2024, a momentous day for all holders would go down in history for all the wrong reasons. There were two important announcements that day. First off, Mycelium officially separated itself from $TOKE, ushering in a new era, the “Decentralized Era” had begun. Finally, $TOKE was seemingly free from the mycelial roots that birthed it.
The second announcement encouraging all holders to make contributions to the McToken DAO’s treasury. Eager to support, McWhale’s deposited million’s of $TOKE. Donation after donation kept flowing into the DAO’s wallet. Eventually accounting for 6.78% of $TOKE’s total supply, 28.47 million $TOKE was hastily deposited into the treasury.
The Devs drunken with excitement towards this new opportunity failed to detect their own fatal flaw. They continued to encourage ample donations, until finally, they realized an error with their programming. You see, Realms can be quite complex for amateurs and you must be very careful with the requirements you choose. The foolish devs set requirements of 60% quorum and 60% majority vote on top of that quorum to move any funds. This massive requirment of 60% quorum posed a very serious issue to a project that is 100% decentralized. The community, being as fragmented as it was, felt very uncertain as to whether a 60% majority vote would even be possible. So, essentially, the donated funds were locked for good.
Quickly realizing their mistakes, the dev team announced that people needed to stop sending their $TOKE which was essentially locking it. Luckily only 6.78% of the supply was locked, if it reached over 40% it would have been locked forever and essentially burned. You can view the locked balance of the original DAO’s treasury here. Rumors say that the Dev single handedly refunded every donation and made the community whole or so he says…..
I find all this so complex, especially as an outsider looking in. Was this the devs plan all along? An attempt to kill $TOKE so that $SPORE could be relaunched and have it’s own chance in the lime light? Their attempt to take control ironically exposed their lack of. As they tried to bring a majority of the supply back under their domain, they instead locked it and further empowered the decentralized community that held $TOKE. It seems as if $TOKE was destined to be the people’s coin from the second it was minted.
The McToken DAO was very short lived, it died along with the funds that were locked away. Holders banded together and set out on a mission to break the old treasury, now coined The Vault, open. The fall of the McToken DAO is often viewed as the ultimate disassociation of Mycelium from the token. The community, set on unlocking The Vault, created their own Discord and Twitter. The community agreed that voting would take place annually on 4/20.
This fragmented community, now banded together, had a unified mission of unlocking these tokens. I argue that this is where the cult of McToken began to take shape, molded by ambition and glazed by the fire of desire. The annual vote would be appropriately titled The Great McVote. This joke of a test token somehow, defying all probability, was caught in the perfect storm, leading to a possible story of a lifetime. This mess ushered in a new era, free from the toxic plant that rooted itself in an attempt to drain its life force.
The Genesis Era
With their eyes set on the future, the community hosted the McVote Festival. Calling all Tokers far and wide to prepare for the Great McVote. Lead by Pulse, an elite group of individuals featuring, Domtron, jjchango11, and Christian Goff, hosted numerous activities and events to rally the troops. The first of many was the meme contest. Up for grabs, was 100,000 $TOKE. 50,000 for first place, 35,000 for second place and 15,000 for third place.
I want to take a moment here to elaborate on Pulse. These 3, Domtron, jjchango11, and Christian Goff, individuals have no affiliation with Mycelium Networks and are not the original devs. From the research I could gather on them, their previous endeavors focus on NFT projects and launches. It seems that even they, along with the rest of us, are embarking on an expedition into uncharted areas,
While the meme contest was under way OG Rish was feeling some type of way. To say generous would be an understatement. He airdropped 5,420,069 $TOKE to the Hot Heads NFT community, 4,420,069 $TOKE was distributed immediately and 1,000,000 $TOKE was sent to the treasury. He then sent 1,420,069 $TOKE to holders of McDegensDAO, 2,420,069 $TOKE to DeWiCats holders, and 420,069 $TOKE to all Helium Mobile Pixel Badge Holders. Some say, he’s $TOKE’s version of Santa Claus distributing over 13,460,276 $TOKE as we approached the Great McVote.
As we inched closer and closer to the Great McVote, the Wheel of TOKE V1 went live! The Wheel offered a fun, gamified approach to interacting with $TOKE. Many a times the jackpot rugged the very devs that created it and gave to the players, quite a theme we have going. This archaic initial design was further improved upon and is still a fan favorite $TOKE experience to this day. The $TOKE Machine was also back, this initial version was improved by community member Sam W. More free $TOKE for all who took a hit (100 $TOKE, then 210 $TOKE, all the way to 420 $TOKE).
As the Great McVote loomed near, something strange happened. On March 8th 2024, all McMillionaire’s opened their wallets to a surprise. A strange green energy radiated from their wallets, this green aura engulfed a familiar sigil an “M”. What? Out of the blue (or should I say green?) 725,137.8 $DANK appeared within the bags of all McMillionaires. The only information it housed was “Cream of the crop. Top shelf $TOKE.” what could this mean? Many didn’t bat an eye, promptly sold it for more $TOKE. However, there was a twist…upon the sale of their $DANK, they were charged a 1% dealer’s tax.
This airdrop being worth worth around $7.28 at the time was pretty uneventful. But till this day 41% of those who received that airdrop never sold. At the time of writing that airdrop is worth $722 which is nearly a 100x!
What’s even stranger is this token has a 69,000,420 max supply the inverse of $TOKE’s 420,000,069 max supply. Strangely enough, $DANK shares the unique 3 decimal units trait that $TOKE does. What’s going on here? $DANK is a Token-2022, also known as a “Super Token”. Was this the original dev? Was he testing his hand at cutting edge tech? Or are there plans for something more? Token-2022’s are very experimental and mostly used by regulatory giants to manipulate the token after minting. All we know is the authority is held by danktoke.sol and per my best attempt for an answer, I was left with this cryptic message by a Solana Veteran who will remain unnamed:
“Dank is programmed to be a very good boy”
While writing this, I noticed something strange. When I opened my wallet the logo for $DANK had changed. It now resembled a dog, was this the “good boy” the veteran was referring to? The creator of $DANK had changed the metadata relating to the token, what’s coming? What’s even stranger is a there is a massive LP holding over 28,956,390 $DANK and 34,106,730 $TOKE. This is by far the biggest $TOKE LP out there, what could this mean?
The day of the Great McVote was now upon as. Fittingly the Toke Community reached 420 followers on that very day. Things were looking up… however, sadly, things didn’t go as planned and the vote did not reach the required 60% quorum needed to unlock the vault. In total, 161,217,299 votes (38.4207% of the total supply) were placed out of the 251,880,529 required to crack the safe. Of those votes 155,775,874 choose “Yes” and 5,441,425 choose “No”. Many would think this is where the story ends, but the holders did what they do best, and kept holding.
To commemorate the Great McVote, an NFT was airdropped to all participants of the various activities on April 23rd 2024. The NFT sits at a floor price 0.4 $SOL, could be a nice pickup for those who missed the Great McVote. The winner of the 1,000,000 $TOKE raffle was also decided, the winner purchased an astonishing 34,567 tickets. We were headed into, yet again, a new era.
The New Era
After all the festivities had died down from $TOKE festival, I began to notice something. $TOKE had already began it’s infestation into the Solana ecosystem. Approximately 3 months before the Great McVote and up until about 3 months following, $TOKE had began becoming one of the most liquid tokens on Solana. It’s roots stretched deep, mirroring it’s mycelial creator. It had deep liquidity pools that were unmatched by many other memecoins. At the time of writing, 32 different liquidity pools have been filled to the brim with $TOKE. They can be viewed here and here.
$TOKE’s initial focus was DePIN tokens, as many holder were avidly involved in the DePIN space. These pools gave rise to speculation as $HNT-$TOKE became one of the most active pools, while degens speculated on which would rise more. However, things took a turn for the worse. Up until April 2024, $TOKE seemed to only go up, and up, and up, but near the beginning of May there was a massive sell off. A twisted artist had decided to paint red candle after red candle.
Finding themselves in some what of a limbo, holders choose to stay resilient and hold their bags. Even though the canvas was shaded red, the sense of community and camaraderie remained strong. Many holders would have jumped ship, and I’m sure a few did. These next few months were quite a beating for the holders and it’s hard to quantify the amount of people we lost during the uncertain atmosphere $TOKE was in. That’s when the moon man was born.
Craving a sense of unification, Christian Goff took charge and proposed the Moon Man Upgrade. This shaped the unification across all of $TOKE’s online presence. The token’s metadata logo was also changed, birthing the blue explorer that can be seen today. This freed the token from any resemblance of it’s faulty creator, as the mushroom infected M symbol died that very day.
The Moon Man that serves as the mascot for $TOKE encapsulates the spirit of DePIN quite well. A lone voyager, exploring and building. That’s the true spirit of DePIN, building a network that will succeed you and benefit those beyond you. Preparing the moon for those who will later join him on the moon, a place we all hope that our bags will one day reach.
Pulse worked on several improvements, upgrading The Wheel and establishing more liquidity pools. In the month of May 2024, $TOKE reached over $160,000 in volume across all of it’s pools. It was clear that $TOKE was growing much faster than the small team could handle. They needed organization and leadership. So, on June 10th, 2024 applications for the $TOKE-Up DAO went live. Community members had the chance to nominate each other to play a role in shaping and forming the future of $TOKE.
On June 18th 2024, the TOKE-Up DAO was formed. I could only hope that these chosen few would not follow in their predecessors ways. It was fitting that a fully decentralized project held true to it’s nature by creating a true decentralized and autonomous organization. The elected council included:
The first order of business was TIP #1 (Toke Improvement Proposal), which unified all aspects of $TOKE under the DAO’s control. This was successfully passed and allowed for a consistent brand presence across all virtual mediums. This proposal also saw the creation of a new treasury for the Toke-Up DAO, this time using Align rather than Realms. Do not confuse this with The Vault, which stems from the improper leadership of the original, idiotic creators who foolishly locked all the funds. This proposal was drafted by community member 0xFent who has gone radio silence since.
On July 2nd 2024, Christian Goff hosted the first TOKE Sesh. This would become a weekly staple for the community and feature many prominent guests, such as the founders of Entropy, Unleashing DePIN, DePIN Pulse, Suburban Crypto, Erwin Schrödinger (EWN Token on Solana), Who Loves Burrito, Mycelium as well as many prominent holders and McWhales such as; Pudgybearwhale, Mr. Node, Sam W, HeliumInstalGuy, Random Dude on the Internet Tyler Frost. These calls would become a weekly occurrence and remain the best place for the beloved alpha we all crave. These calls are hosted by Pulse, not the TOKE team and that goes to show the strength of the ever growing community.
Integrations only grew deeper. On July 17th 2024, a limited edition legendary DeWi Cat was born. DeWiCats is an NFT project backed by real, physical helium hotspots. Owning said NFT grants exclusive membership to a private group of DePIN deployers. It is the first PFP powered by Helium governance on Solana. The treasury enables token owners to propose and vote on DePin ideas, securing funding from mining rewards and a portion of minting costs. Supporting DeWiCats empowers owners to shape and fund DePin-related ideas, revolutionizing NFTs. You can learn more about DeWiCats here.
This stoned kitty would become one of the few legendaries in the entire collect and was auctioned off over 24 hours and was sold for a whopping 4,420,69 $TOKE. Discord user awarshauer was the lucky bidder who got to take home this legendary cat. This has been one of the most expensive DeWi Cats sold to date, and 20% of the proceeds went to the Toke-Up DAO’s new treasury. .
On July 7th 2024, a familiar face joined the ranks of TOKE’s team. Daniel Kruizz, TOKE OG, began helping out with announcements and operations within the TOKE community. Daniel is a long time supporter and first mover when it comes to Solana and TOKE. His presence would become quite the norm for the foreseeable future. This is yet another example exemplifying TOKE’s dedicated and ongoing community.
On August 20th 2024, the Toke Machine would be rehoused to toke-up channel within the discord as it transitioned into V2. This new and improved dispensary was loaded with 1 million $TOKE and gave out 1 $TOKE per hit every 24 hours, with the 24 hour timer being unique to each toker. The logic behind this is whether you want to wake and bake or take a hit before you sleep, you are free to toke-up as you choose. This approach is very unique, the focus has shifted from unification to distribution, there is no gate to becoming a toke holder, all you need to do is get you some toke here!
Toke Sesh #3 with Entropy was a pivotal moment for both projects. Entropy is as pure as DePIN can get. Proudly boasting that it literally mines nothing, it’s a memecoin where miners eat first. Entropy is described as minimum work, maximum gain project. On September 6th 2024, an airdrop of 420.69 $TOKE was airdropped to every qualified Entropy miner.
This union was a true no-brainer. The moon man loves to dig holes, and dig holes he shall do. All McMillionaire and McWhales were automatically gifted an Entropy Miner License, which gave them access to set up and mine $ENT. This also led to the establishment of the $TOKE-$ENT pool which was $ENT’s largest pool at the time and helped them successfully launch their token. The $TOKE-$ENT can be viewed here and holds nearly 5.5 Million $TOKE at the time of writing.
On September 3rd 2024, the McToken.Shop went live. This was a marketplace in which holders may purchase tangible goods using their glorious gains. This was possible through the use of the Solana based application called SolPay. $TOKE is now accepted anywhere SolPay is integrated. The Wheel of $TOKE also reached a whopping 160,000 $TOKE jackpot on the same day. Also, holders of The Great McVote NFT receive a 10% discount on all purchases, another reminder that it pays to be early.
On September 13th 2024, TIP #2 was proposed within the discord. This proposal was aimed to raise $5,000 USD to fund a CoinMarketCap listing for $TOKE. In less than 72 hours, on September 18th 2024, the $5,000 USD goal was reached. The overwhelming support in favor of this listing in clear, $5,000 USD for a coin with under $500,000 market cap is seriously impressive. On September 28th 2024, $TOKE was listed on CoinMarketCap.
Even though the world was yet again draped in red by that twisted painter, the community was thriving. Fighting through the onslaught of red candles, there was unity. On September 23rd 2024, Cata proposed a challenge, 50,000 $TOKE to whoever could create the most entertaining song titled 420 Million TOKEs. JJ would be named the winner of the Song Contest with this wonderful submission. All throughout this onslaught Pulse made improvements and upgrades to the Wheel of TOKE allowing jackpots to be any SPL token with value over 5,000 $TOKE and anybody can contribute and control the Jackpot by sending SPL tokens to the address: wheeloftoke.sol or (YBZocn2K4ih69kG78dtxgcFw9Q3iMykcgRPYiAG16cD).
During October 2024, there were over 12,500 holders of $TOKE and on October 10th, 2024 the Toke Community was officially launched on X. This is a space where all community members and TOKE holders can interact and share ideas, thoughts, and prospective plans for the future. On October 15th 2024, the second round of the $TOKE airdrop commenced to Entropy miners. 4,200,000 $TOKE (1% of the total supply) was airdropped, 25,925.925 $TOKE to each qualified miner.
On October 23rd, 2024 Toke Sesh #9 was hosted with Who Loves Burrito. All attendees who hit the TOKE Machine that day were eligible for 420.69 $WLB token airdrop. TOKE’s partnerships and integrations kept growing, even though the chart was littered with red. On October 29th 2024, the Toke Machine would receive another improvement bringing it to V3. The machine would now distribute a variable rate of TOKE Instead of 1 TOKE per hit, based on the current activity for the day. Also, holders of The Great McVote NFT receive a 10% boost!
On October 30th 2024, The Wheel received a massive over haul, improving upon mechanics and the UX/UI. This V2 made some minor changes and acts as a way for holders to gain exposure to other Solana ecosystem projects. Hit’s on V2 now cost 1 g (1/1000of $TOKE). So, 1 $TOKE = 1,000 spins on the wheel. $TOKE won from the jackpot will be boosted by 10% for holders of The Great McVote NFT. We also saw the implementation of Align, where holders can go to submit proposals for the future of the DAO and view treasury holdings. 1 vote = 1 $TOKE as always!
On November 8th 2024, Scavenger was released. This tool allows users to scavenge their wallet for any open accounts from previous airdrops, remaining token balances or even tokens you didn't even know were there! The tool will take any open accounts with a "0" token balance and swap the tokens for $TOKE automatically! Allowing you to harvest TOKE that in most cases you didn't even know you had! You can give Scavenger a go and get some $TOKE for free.
On November 20th 2024, the TOKE Explorer went live. This data aggregation tool serves as a perfect tool for all your TOKE needs. It includes information regarding the current holders (14,053), price, market cap and detailed information about The Vault, The TOKE Machine, and The Wheel. This is super useful and puts all the data in a simple-to-read format. This is yet again another example of making it easy to join the $TOKE community.
On November 26th 2024, there was a surprise redesign of $TOKE’s website. This modern new look poses more questions than it answers, what era are we in now? What will this era of $TOKE be remembered for? The Green Candle Era? The Moon Era? The new website also teases an “app” that changes to “coming soon” when you hover over it. The roadmap towards the bottom of the page also teases a “stash box” and “CEX” section. It seems like there’s big things in store and only time will tell where the Moon Man voyages too next.
On December 9th 2024, TIP #3 was proposed in the Discord. Proposing a mandated council rotation and governance optimization. Seemingly taking a page out of D.O.G.E.’s book, the idea was to optimize The Counsel’s efforts to promote fairness, transparency and sustainability. This proposal would introduce 1-year terms for council members with quarterly elections to fill 2 seats at a time. This also enforces new eligibility requirement, must be holding in between 50,000-100,000 $TOKE, anyone holding the required amount may run without approval. (Note: On December 13th, 2024 TIP #3 passed successfully.)
On December 11th 2024, two new roles were released in the Discord. These were created in an effort to expand exclusive holder roles to the broader community as a whole. The new roles, McBagger and McStacker are for 10,000 and 100,000 $TOKE respectively. Were these roles created because of some sudden expectation that price will rise? Is McWhale status going to become unachievable? What’s in store for the New Year?
So What?
Well, you’ve made it this far. This might be the extent of entertainment that this project even has to offer you, or could it mean something more? Why did I even right this? I have no affiliation with this project, I didn’t even receive the original airdrop. Why does TOKE refuse to leave my mind and baffle me every time I see another development?
TOKE, no matter how silly it seems, embodies the spirit of decentralization. This spirit is what brought me to the space to begin with, no pun intended. Fully decentralized means that it is the community’s, mine, yours, your friend’s, your enemy’s, anyone’s. Anyone can hold it and shape the future of it. Maybe you choose to take a look at this project, maybe you find another, maybe you even create your own TOKE. I would argue its going to hard to mimic a CTO of a test token that was never meant to do anything, but give it a shot!
TOKE is different. From what I have noticed, the main theme of its mechanics have been dispensary, all of the tools and games that the community has cheffed up over the last year all function as points of entry to the ecosystem. These “mini flywheels” all must be leading to something, right? They have constructed flywheels within flywheels and have reached over 14,000 holders at the time of writing. Where is this all headed to? You can’t keep giving out free tokens and expect the price to go up, or can you? So maybe get some for free while you can, and buckle up for the ride.
I am one of the few people on this planet that actually knows this story. I went to the bottom of this rabbit hole and I’m left with more questions than answers. What was the original plan? Was $TOKE meant to be $SPORE? What’s happening with $DANK? Why has this token refused to die? It seemed obvious that this wasn’t the planned outcome. I wonder if somehow, by some random game of chance, TOKE just managed to find the right people at the right time. This token, doomed by fate to die, was revived by the gluttonousMcWhales that continue to feast.
One piece of this puzzle remains constant, that is OG Rish. This faceless figure, acting as both the inertia and the invisible hand, seems to be the glue that holds everything together. On October 16th 2024, he took a page out of SBF’s book by tweeting “I’ll buy as much $TOKE has you have, right now at $0.00069”. He managed to call the bottom, and the McWhales soon followed sort. Since this tweet, we’ve seen more and more green. His loyalty also poses many questions: Why is he yet to give up on this project? Is he the cult leader? What’s on the horizon? Something big must be planned, and people seemingly want to be apart of it. All I know for sure is, if you’re keeping an eye on TOKE, make sure to keep an eye on this unsubstantiated figure head.
Fate has been a huge recurring theme throughout this piece. Why are you here? What made you click on this? Why did you keep reading? If you want answers to these questions, I’m sorry, but I’m not going to write anything ever again. All I can say is don’t let the spirit of this coin end here or even end with it.
We’ve seen projects be carried to new frontiers solely based on the right pair of eyes landing on the right chart, at the right time. So maybe this is you, maybe you’re the one who’s going to alter the fate of this project for the better. Maybe you’ll become the new ring leader of this cult. No matter what happens in this cosmic void we all drift upon, remember we tend to have more in common than we do different. So there’s only one thing left to do, keep building.
The Moon Man voyages on…