MemoToken White Paper
7. MemoToken Launch Plan
Pre-Launch Phase
1. Smart Contract Development & Security
- Complete final audits of the three phase contracts (Phase 1, 2, and 3)
- Deploy test versions on testnet and conduct thorough testing
- Implement emergency pause mechanisms and verify multi-sig controls
- Establish the Treasury and Reserve wallets
2. Platform Development
- Complete the MemoTrader platform development
- Implement the MemoCredit conversion system
- Set up the off-chain ledger system
- Create and test the integration between MemoToken and MemoTrader
3. Legal & Compliance
- Obtain necessary legal opinions confirming MemoToken's utility token status
- Finalize terms of service and user agreements
- Set up KYC/AML procedures if required
- Document all compliance measures
2. Monitor Price Steps
- Track progression through 9 price steps (from $0.02 to $0.10)
- Ensure minimum 24-hour periods between steps
- Monitor USDC thresholds at each level:
- $0.02: 10,500 USDC
- $0.03: 21,000 USDC
- Progress through remaining steps
- $0.10: 91,000 USDC
3. Phase 1 Exit Requirements
- Verify 60 successful iterations
- Confirm USDC pool balance exceeds 100,275 USDC
- Validate 7-day volume requirements
- Check for no circuit breaker activations in 14 days
1. Treasury Operations
- Deploy Phase 2 contract
- Allocate 1,000,000 MMT to Treasury
- Begin controlled Treasury sales
- Monitor USDC accumulation
2. Price Progression
- Track 7 price steps from $0.13 to $0.25
- Monitor Treasury sales milestones:
- $0.13: 50,000 MMT sold
- $0.15: 125,000 MMT sold
- Continue through complete Treasury allocation
3. Phase 2 Exit Requirements
- Complete distribution of 1,000,000 MMT Treasury allocation
- Verify USDC pool balance above 350,275 USDC
- Confirm 52 successful iterations
- Validate volume requirements
1. MSI Implementation
- Deploy Phase 3 contract
- Implement MemoTrader oracle integration
- Begin tracking credit conversion metrics
- Monitor MSI calculations
2. Market Stabilization
- Maintain MSI between 0.7 and 1.3
- Monitor circuit breaker conditions
- Track volume and liquidity metrics
- Begin gradual transition to community governance
1. Community Building
- Launch community governance initiatives
- Implement multi-sig wallet controls
- Begin transition toward DAO structure
- Establish regular community reporting
2. Platform Growth
- Monitor MemoTrader adoption metrics
- Track MemoCredit conversion rates
- Analyze user engagement statistics
- Adjust pricing mechanisms based on usage
3. Long-term Sustainability
- Maintain transparent reporting
- Regular security audits
- Community feedback integration
- Continuous platform improvements