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IMPORTANT DISCUSSION:
This guy approached us with a proposal to launch a Solana token around the 1B Tree Day initiative & direct 100% of the fees towards our cause: https://x.com/CryptoErick9
They claim to have done this for a variety of groups including St. Jude's Children's Hospital twice (once unofficially and again officially)
These are apparently their past projects:
https://dexscreener.com/solana/5wnu5qhdprgrl37ffcd6tmmqzugqgxwafgz477rshthy
https://dexscreener.com/solana/2vh4287isy87ozxdt9lps8vnrzzawej47wir71a9tx4p
St. Jude's: E8syR4zsgQG2zo9YyiyfX4ujubByR4z6qj9stjASpump
Pros:
- They will have a lot of influencers & Alpha Callers promote the token at no cost to us. This could also support Treegens other assets.
- They are projecting the fees could amount to $20,000+ depending on volume & this can be verified offically on PumpFun.
- We would not have to divert focus from promoting $TGN, just 1 RT or 1 post to confirm & that's it's official
Cons:
- Some of their previous projects look like an Eifel Tower, he said he'd buy up like 8% of the supply at launch & sell it over time
- They offered to vest these tokens but for weeks not years, so high likelihood of sell pressure after those weeks are up
- Potential reputational damage if the early buyers dump hard (though they said they can sell into big buys to avoid red candles automatically)
Reality:
There area already a bunch of fake Treegens tokens on PumpFun. This would be the first PumpFun token endorsed by us which could actually make an impact.
If you think we SHOULD do this collab, please explain why
If you think we SHOULD NOT do this collab, please explain why