
BitCone (CONE)
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About BitCone
BitCone (CONE) is a Decentralized Community Utility Token by Cones for Cones. 608 Billion tokens were created on the Polygon Network (with no mint function) to parallel the 608 Cone Head – Reddit Collectible Avatar NFT, which inspired a meme Conemunity. BitCone is governed democratically, so every decision is voted on via Conemunity Polls. BitCones can be earned through Airdrops and “BitCone Mining”, a revolutionary automated content monetization platform, that incentivizes user engagement on partnered Subreddits. Read the Cone Lore for more information!
Bitcone has been audited by 0xMacro – see the official audit report dated July 6th, 2023 here: https://0xmacro.com/library/audits/bitcone-1
BitCone ($CONE) can be used for various purposes, including Post 2 Earn – BitCone Mining, rewarding engagement with CONE Tokens, Tipping on Reddit.com/r/ConeHeads and other Subreddits, Trading Reddit NFT Avatars on the AvatarMate.xyz Avatar Marketplace, earning liquidity rewards, mining NFT with CONE Tokens, bidding on auctions with CONE Tokens, and more utilities are currently in development. The total supply of CONE tokens is 608 billion, with no mint function in the CONE Smart Contract to ensure there can never be more than that. CONE tokens were distributed for free, primarily to Cone Head Reddit Collectible Avatar NFT owners. The remaining CONE Tokens were distributed to Glowstickman (GlowCone) Avatar Owners, Gen 1 and Gen 2 Reddit Collectible Avatar Owners, Bucket Head (Gen 3) Avatar Owners, Staking Rewards, and the Conemunity Treasury Fund.
The founders of BitCone ($CONE) are cones themselves. While Reddit user u/ecobuddies initially deployed the Token, it has since evolved into a Democratic Community Project developed by Conemunity Volunteers worldwide and the dedicated Moderation Team of r/ConeHeads.
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