justmonki 🐒 (🔴,💊)
@floating_m0nkey
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Shaping narratives. Activating communities. Helping early-stage Web3 projects grow. Contributor @ Aleo | RedStone | Soon | Sonic
Portfolio -
Joined January 2023
At launch: • 38.98% unlocked • 59.02% locked • 2% burned Most unlocked tokens sit with the Foundation to fund grants, incentives, and ecosystem support - not insiders.
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Burn - 2% (so far) Originally allocated to core contributors. Now incinerated. Forever. Total supply at presale is below genesis levels.
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Airdrop & Launch - 6.6% Fully unlocked. Provides liquidity, supports exchange stability, and rewards early community members who helped bootstrap Fogo.
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Foundation - 30.38% Fully unlocked. Used for grants, incentives, and ecosystem programs. This treasury fuels builders, growth, and long-term network health via the @FogoFoundation.
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Advisors - 7% “If I have seen further, it is by standing on the shoulders of giants.” Tokens are fully locked. 4-year unlock + 12-month cliff. Strategic support rewarded over time.
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Core Contributors - 34% Further. Together. Tokens are fully locked. Unlock over 4 years from Sep 26, 2025 with a 12-month cliff. This ensures sustained funding for technical progress and long-term commitment.
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🏛 Institutional Investors - 8.77% Only two: @DistributedG
@cmsholdings Tokens are fully locked and unlock over 4 years with a 12-month cliff. Long-term alignment > short-term exits.
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Two Echo raises: • $8M at $100M FDV • $1.25M at $200M FDV Across 3,200+ participants. Distributed ownership, not concentrated bets.
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Community ownership comes from Echo + Metaplex. Echo unlocks over 4 years from Sep 26, 2025 (12-month cliff). Metaplex tokens unlock Jan 13, 2026. Together, they ensure the community holds more $FOGO than VCs.
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🧠 Community Ownership - 11.25% “Fogo is interesting because the community owns more % of supply than VCs. That hasn’t happened before in a deal led by me.” - @cobie Community > institutions. By design.
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Introducing $FOGO Tokenomics 🔥 From day one, Fogo aimed to raise little and deliver a lot. Here’s a clear breakdown of what, where, and when for $FOGO 🧵
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If your points look inaccurate or haven’t updated yet, don’t worry — this is a known issue the Portal Bridge team is already investigating.
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Any form of USDC transfers - including Fogo Sessions - currently yields 10xp per USDC.
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gFogoo🔥 The incentive program is managed and maintained by the Wormhole @portalbridge_ team. Points are updated every night.
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The core idea: Pick the chain where your app’s UX is least constrained. For many builders, that answer is Fogo.
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It creates a smooth, web2-like experience on-chain. - Some apps simply don’t work on other chains due to gas limitations. On Fogo, they become natural. If the team is bullish on your idea, they’ll support you through deployment.
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If your game has 50-100 micro-actions, paying gas for each one kills the UX. On Fogo, those flows finally make sense. - With sessions + paymaster, builders can subsidize user actions. Players tap, explore, interact - all without constant signing or fees.
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Here’s a short summary 👇 Rob Sagurton explains why builders might choose Fogo. - Fogo unlocks real usability for high-interaction apps thanks to gasless transactions. https://t.co/BVG2NAFYDG
"Where are you, as a builder and an app, least limited by the layer you're deploying on" The answer is in the top left btw.
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No action required for Leo Wallet users - your funds stay safe and unchanged. For questions, join the Leo Wallet Discord. More details in the FAQ:
provable.com
We’re excited to announce that Provable and Demox Labs have entered into an agreement for Provable to acquire the Leo Wallet, a leading privacy-preserving crypto wallet for the Aleo Network and...
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