SEIZING THE MOMENT: THE BIRTH OF BLAST HOGE.
Dear Hoge Family: I come to you today, with a gift to all. We’re all familiar with the antics of crypto market, with “fake” coins popping up each day- with that in mind, we’ve all seen “Hoge” appear on different chains, from BNB, to Solana, and so on.
However, none of these projects were made in solidarity and direct contribution to the greater good of the existing Hoge ecosystem. Which is why, today- I would like to publicly address that after having brought this to the attention of to the keyholders and leadership team, I myself will be taking the lead on behalf of Hoge to do just the opposite (with the help of the community).
As some of you may know, ETH layer 2 BLAST released just under two weeks ago, having the most successful layer 2 launch in history and briefly dwarfing the market caps of both Optimism and Arbitrum alike (however $2.6 billion TVL currently). Please familiarize yourself if interested, here are a few helpful tweets. Blast is a VERY unique layer two- might I even say, similar to Hoge in a way.
Unlike other networks, Blast encourages participation by providing users with an auto rebasing yield for holding, meaning by holding tokens on blast, you can accumulate $ETH and blast points which correlate to airdrop amounts for the up the upcoming Blast token. Also, Blast rewards protocols and assets launched on Blast with Blast points, which can also be passed onto users. Hold, and earn.
But- what does this have to do with Hoge?
At release- Blast had less than 20 tokens on chain, which lead to clone coins such as Blast PEPE surging to over $50m MC in under 3 days, with under 1,500 followers on socials. None of the funds generated benefitted the existing PEPE community. Currently, one of the most popular coins on Blast is Amy Inu, a Shiba clone sitting at $29m market cap after just over a week.
There are so few coins, and such high incentive from the Blast network for people to buy tokens that this leads to inflows of buys to whatever is visible in the ecosystem- which is apparent if you check out it’s top performing projects between NFT’s and tokens alike. There are no TRUE memecoins within the Blast ecosystem, with integrated support with their existing communities.
By having Hoge on Blast, we awaken a multi-billion dollar marketing machine, with the high potential of us dominating the early ecosystem as a result of our existing authority. If it were possible to launch there and provide the community with the vast majority of tokens as a reward — as well as a percentage of the circulation to the DAO wallet while the rest of the tokens are in the market + providing us with gains, then why not? The original community could have it’s bags filled at the expense of hungry farmers on Blast, and HOGE could drive visibility across both chains, and open a new world of partnerships and collaborations with a new store of value in tokens.
So, with this in mind: after discussing this with the leadership chat and as a month one OG holder + a capable “community dev”, I will be launching Blast Hoge and providing 20% of the total supply to the Hoge community via airdrop as well as 10% funded to the DAO wallet, making HOGE a 30% majority holder, and thus a true owner of the token. However, unlike the case with Hoge, I will be allocating a percentage of tokens to both marketing and ecosystem growth as well as for the core team to fuel growth without expense to the community.
While a Hoge ecosystem product, Blast Hoge will be independently governed and unencumbered by the existing Hoge DAO, as it will have it’s own treasury, core team and so on to incentivize participation and continued growth, as well as structure. In the event of a Blast Hoge DAO, as 40% of total tokens will be within Hoge, our community will hold majority say in any future instances further displaying the initiative of interoperability, and longevity between both platforms.
The existing key holders, select leadership and to be “advisors (see snapshot proposal) are welcomed as direct envoys and liaisons of the existing Hoge communities perspective as applicable to the Blast ecosystem, providing a voice. Additionally, any existing community members are welcome to contribute, or apply to join the team or aid in marketing initiatives.
I envision an ecosystem in which these two provide each other continued synergy, exposure and elevation through interoperability of brands, and cross promotion between social channels. I personally, would like Blast Hoge to be a subcategory on the Hoge website, rather than it’s own. Once again, Blast Hoge is Hoge owned, and community-produced.
Blast Hoge is made solely to further add value to existing holders (apparent via allocation) through growth, and hope that by being created with Hoge in mind from start to finish, can gain the support and input of the community. If our community at large starts to bring eyes to Blast and let the world know we’re there, I promise in just a few a month or so when Blast’s token releases and heavy volume returns, we will be positioned for moonbags at the expense of the market.
I will personally be sourcing key partnerships with platforms and communities centric to the Blast ecosystem further bolstering Hoge, and in the process providing increased exposure and access points through listings. I will be deploying/sourcing my own funds to seed liquidity, however any that are interested can simply add to the LP upon release. While still managing potential tokenomics, I look to have this token mirror it’s ETH parent in function by being deflationary.
I haven’t promoted this token, however I have secured social channels and floated the concept to whales, and it was very well received. The socials can be viewed here- I will be posting our first tweet shortly after this post. I ask that the community participate and support me in this endeavor, and all are welcomed to contribute or apply to join the formal team.
Love it? Hate it? Let me know- either way, HOGE will be 30% owner, and I promise this will all make sense in two months. Or, it wont, but I will have spent my money airdropping you all.
WAGMI boys!
I love you all.
