BitCones (CONE) are 608,000,000,000 tokens distributed to Cone Head NFT hodlers.
Bitcone (CONE)
Contract:
0xbA777aE3a3C91fCD83EF85bfe65410592Bdd0f7c
Trust Wallet (for royalties):
0x5af0b2d05e82676BDe59BB95C861fd4688B9D805
About Us
About Bitcones
BitCones (CONE) are 608,000,000,000 (608 billion) fractionalized tokens for Cone Head NFT coners on the Polygon network.
No mint function exists in the token, and as there will only ever be 608 Cone Head NFTs, so shall there only ever be 608,000,000,000 (CONE) in existence.
The token contract can be viewed on polygonscan here. (contract address: 0xbA777aE3a3C91fCD83EF85bfe65410592Bdd0f7c)
During the 1 Month initial distribution phase, each of the most loyal advocates to the Cone Head are entitled to receive a free allocation of 1,000,000,000 (1 billion) CONE tokens for each Cone Head NFT they own.
Frequently Asked Questions
Please contact us if you cannot find an answer to your question.
On 7th of Jul. 2022 the first ever Reddit Avatar Shop launched!
Introducing the Reddit world to the Gen 1 Avatars, including our beloved Cone Head, of the Imagination Station Collection by u/chipperdoodlescomic
The community of Avatar NFT enthusiasts was small but powerful, and growing rapidly each day.
On Sep. 10th the FOMO for Cone Heads began, as Cone Head #37 was minted, and the Cone Meme was born.
On the 11th of Sep. the first mention of “BitCone” was unleashed onto the world, as u/crypto_grandma became the first BitCone Maxi
This was also the day of the Rise of the Knoo Vikings, as they attempted to unite to take on the Cones!
On the 12th of Sep. u/Hoppy_Doodle declared via a Comic that the Viking vs. Cone war officially began.
On the 14th of Sep. as a response, u/Chipperdoodlescomic released the first Cone Head Comic!
On the 17th of Sep. 2022 a monumental moment occurred, and the Cone Head NFT sold out from the Reddit Avatar Shop - with a final mint count of 608 Cone Heads.
On the 19th of Sep. BitCone (CONE) was announced as an Airdrop for all owners of Cone Head who claimed the tokens through Reddit. -
608 billion Max supply minted. Which meant 1,000,000,000 BitCone were claimable for each Cone Head Mint # who claimed them before the 1 Month Anniversary of Cone Head selling out from the Reddit Avatar Shop. (17th of Oct.)
With the fate of the remaining unclaimed BitCone, to be determined via a Poll featuring community suggestions, turning r/ConeHeads in a "Cone DAO". ( Original Announcement )
Also coincidently on the 19th, u/002timmy release their Cone Head parody NFT, giving them away for free for 24 hours.
On the 20th of Sep. the first post about BitCone was made, calling it the gold standard of Avatar related Currencies by u/No_Yesterday8193
On the 4th of Oct. Avatar enthusiasts began to become "woken up" by the Cone.
On the 7th of Oct. over 50% of the BitCones supply had already been claimed by Cone Heads!
On the 11th of Oct. u/dick_slap found themselves in possession of the Fabled Lost BitCone, when they received double the amount of BitCone distributions to their wallet, and asked the Cone Council for guidance.
On the 15th of Oct. the first ever trade of BitCone (CONE) occured!
Trading 1,000,000,000 BitCone (CONE) for a Frustrated NFT Avatar!
Marking the 15th of Oct. as the official BitCone Avatar (/Pizza) Day :D
On the 16th of Oct. just 1 day later, we witnessed the first ever auction of an NFT Avatar for BitCones (CONE)!
These trades led to many more BitCone trades to follow.
On the 17th of Oct. the Initial BitCone (CONE) Distribution Period [ENDED] on the 1 Month anniversary of Cone Head selling out from the Reddit Avatar Shop.
On the 18th of Oct. we began the 1st Official [Conemunity Poll] to determine the fate of the Remaining Undistributed Bitcone (CONE).
On the 20th of Oct. the Spooky Season Collection (Gen 2) was launched in the Reddit Shop, and the GlowCone was born!
On the 21st of Oct. the Conemunity conducted a [Mini Poll] to decide if Glowstickmen should be included in the distribution of the remaining BitCones.
This Poll Passed! Officially welconing GlowCones into the CONE family!
On the 23rd of Oct. after many Cone Head owners reported missing the Distribution, we conducted the [Conemunity Poll #1.5] to extend the BitCone Airdrop for Cone Heads on a 1 time basis, which Passed!
On the 25th of Oct. the Cone Head Airdrop Extension Period began until the 31st of Oct.
This day was also the Birth of the CONE = 2663 Meme! This meme lead to over 100+ Cone Head NFT being listed at 2663 ETH on OpenSea, within the next few days!
On the 27th of Oct. a Spreadsheet of the already claimed Cone Head mints was released publicly.
On the 29th of Oct. we started the BitCone (CONE) trading Megathread to catalog all the reported BitCone (CONE) trades for Avatars, and later on (wETH) trades as well.
On the 1st of Nov. the Extended BitCone Claim Period for Cone Heads ended, and the GlowCone claim began!
Allowing Glowstickmen owners to begin claiming their Mint # in the Designated Post until the 17th of Nov.
On this date the [Conemunity Poll #2] also began - to determine the Distribution Tokenomics of the Remaining Unclaimed BitCones.
On the 2nd of Nov. a [Guide] was published to easily add BitCone (CONE) tokens to MetaMask (with the Token Icon)!
Also on this date u/jespow the founder and former CEO of Kraken Exchange, publicly became a Cone Head, as well as Coneillionaire!
On the 4th of Nov. after many Coners showed interest in having a safe way to Trade their BitCones, we began the [Conemunity Poll #3] - to determine the Initial starting Liquidity Price of Bitcones on a Decentralized Exchange (DEX).
On the 6th of Nov. u/dick_slap returned the fabled lost BitCones by overcoming the darkness within, with the help of the bright Orange Power of the Cone!
Earning himself the title of the 1st Cone Lore: Legend, commemorated by an NFT!
On the 7th of Nov. Announced Launch of DEX Liquidity (CONE/wETH) LP & BitCone Swapping on Quickswap.exchange on Polygon.
As well as [Guide] on how to Swap BitCone (CONE) & Provide Liquidity
On the 9th of Nov. those who Provided Liquidity during the First 24 hours, along with other significant contributors to the Cone Head & BitCone (CONE) Conemunity, also became recipients of the Cone Lore: Legends NFT!
4 Legends NFT are still undistributed, and will serve to commemorate those who conetribute great things to the CONE conemunity!
On the 16th. of Nov. as a Special Gift to the initial Hodlers, Purchasers and Believers in BitCone a Snapshot was taken of all Addresses hodling BitCone (CONE) and they received the Golden Cone NFT!
On the 18th. of Nov. the GlowCone Claim Period officially [CLOSED] and the Gen 1 Avatar Snapshot Date for the BitCone (CONE) Airdrop was announced!
On the 19th. of Nov. the (15%) of the remaining BitCone allocated by the [Conemunity Poll #2] to GlowCones, were distributed via an Airdrop to all eligible Glowstickman Mints who have claimed.
Upcoming Events:
We will soon announce a Snapshot Date for all Gen 1 Avatar Hodlers - (excluding the 4 Free Collections).
Following this will be the Snapshot Announcement and Distributions for Gen 2 Avatar Hodlers (excluding World Cup Collections).
As well as r/cc (MOON) token hodlers later on.
Once the Airdrop Distributions have commenced, we will be releasing a Dapp for Staking your (CONE/ETH) Quickswap LP Token in order to earn additional Reward Incentives in BitCone (CONE)!
We will also begin (CONE) Token Staking, to earn additional Reward Incentives in BitCone (CONE) for Hodling and Staking your (CONE).
The distribution of BitCone (CONE) have been exclusively to Cone Head Avatar owners only, up until the 18th of Nov. at which point GlowCones (Glowstickman owners) will receive their allocation of BitCone(CONE).
As there were 608 Cone Heads minted, so were minted 608,000,000,000 BitCone (CONE), with no Mint Function in the token's Smart Contract.
This means there can never be more than 608 billion (CONE), just like there can never be any more than 608 Cone Head NFT Avatars.
1,000,000,000 BitCone (CONE) were claimable for each Cone Head mint during the Initial Distribution Period. This claim period lasted until the 1 Month Anniversary, to the day Cone Head sold out from the Reddit Avatar Shop (October 17th).
Following this Initial Claim, and several Cone Heads discovering the sub too late, the Conemunity voted to extend the Distribution Period, and give the full 1,000,000,000 BitCones to any unclaimed Cone Heads Mint #'s, who claimed them during the Extended Period.
A Spreadsheet was then released publicly, listing off all the Already Claimed Cone Head Mint #'s.
This led to an additional 89 Cone Head Mints claiming their 1,000,000,000 BitCones (CONE).
In total 486 Cone Head mints have been claimed during both Claim Periods.
The Conemunity then Voted to include GlowCones in the future Distributions, and as such, the Claim period for Glowstickmen is currently ongoing, until the 17th of November.
The [Conemunity Poll #2], results have determined the exact Percentage allocations of the remaining 122,000,000,000 Unclaimed BitCone (CONE). All the variants in the charts are Conemunity member suggestions, taken from the Initial AirDrop Announcement.
There were no initially allocated "/treasury/founders/etc," funds.
The prevailing Option 4. on the [Conemunity Poll #2] passed, which lead to the following allocation results:
The Remaining BitCone (CONE) Tokenomics:
122,000,000,000 BitCone (CONE) Remain to be distributed in the following manner:
- Staking Rewards - (30%) 36,600,000,000 (CONE)
- Gen 1 Hodlers - (30%) 36,600,000,000 (CONE)
- GlowCones - (15%) 18,300,000,000 (CONE) - GlowCones
- Gen 2 (Spooky Season) Hodlers - (10%) 12,200,000,000 (CONE)
- Future Conemunity Events - (10%) 12,200,000,000 (CONE)
- r/cc (MOON) Hodlers - (5%) 6,100,000,000 (CONE)
486 Billion BitCones have already been distributed to Cone Heads who claimed them.
There are no "founder's BitCone", the only (CONE) I ( u/ecobuddies ) or any of the Mods received, are for our own Cone Head Avatars.
1,000,000,000 of which I have sent to u/jespow, (the founder and former CEO of Kraken) since he joined the Cone Club too.
Since its inception, BitCone (CONE) has depended on the Conemunity to choose to Embrace it, as well as give it Utility and Value.
(The Initial Utility chosen by the Conemunity was Trading BitCone for Avatars, as was seen by the many trades between Coners in the r/ConeHeads & r/avatartrading subReddits)
With this in mind, we see many potential paths to Develop Utility for BitCone (CONE) and grow the Conemunity.
But as everything with Cones, it always comes down to the decision of the Conemunity, and a Poll!
As such, I’m proposing that once the Airdrop Distributions have commenced, we will hold a Poll to decide on the Path forward that the Conemunity DAO want for BitCone. Including the Development Efforts to focus on, following the release of the (CONE) Staking Dapp (to distribute Staking Reward allocations.
The Current Development Options Are:
- NFT Marketplace - Utilizing (CONE) for Trades, Bids, & Auctions
- CONE (AMM) DEX - on the Polygon Network
- Collateralized Lending Market - Focused on Reddit Avatar NFT Collectibles
- Additional Conemunity Suggestions!
All of these options, and more can be developed for BitCone (CONE), we just need to vote on what should be the Priority to focus our efforts on first, and to see what additional Developments the Conemunity are interested in!
All options of Development, WILL include various benefits to Cone Head, Glowstickman & Cone Lore: NFT hodlers, as well as BitCone (CONE) owners!
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