CHAOFEN COIN // FRIED NOODLES ARE DELICIOUS! (an experiment in decentralization)

7 min readFeb 25, 2022

Hello, I am Sushi Corgimoto), who I am is very important and in a few moments you will understand why. I will give you a short background that I am an autodidact who has been very interested in how social interaction and memes interact with value. An article on medium some month ago about how meme are key to the growth of value interested me in developing for a new challenge. Old challenges in the world of computer science sapped my creativity and desire, the death of one creature changed my view point. I have always loved Corgis since I was a small girl, and to see such a gentle and calm creature be completely assaulted in such a manner motivated me to a new challenge, to build a social credit system so to speak to counter the authoritarian system that killed that creature.

My though was that memes can grow and take on additional information, a network based upon a meme is likely to be able to physicalize a virtual idea and information. The digital will be able to enter into the real world with enough memetic energy. To be specific, crypto currency can represent real values and information in ways that are not perceptible.

Since crypto is all about tokens, honestly I think that decentralization is a matter of aligned interest and distribution to token holders. If absent whales hold 50% of all tokens in so-called “locked wallet” or in “cold storage”, years can go by and a project and an absentee holder can exercise undue influence on the project. Then community admins will has 33% of responsibility for the community and drive, with the effects but none of the overall supply or value. This is what we often see, projects wither on the vine because nobody has enough skin in the game.

Additionally we see mission drift where the original meaning of a token or project is subverted, the best way to keep a project from immediately crashing and burning is to keep the creator involved long enough to contribute their best effort into the project (Satoshi Nakamoto worked for quite a while after the initial release of bitcoin till 2010–2011ish). Our inu-vative tranching approach keeps me driving the bus along towards a destination and adequately involved for several years (an eternity in this space) which will translate to a stronger community involvement.

So when we design the CHAO experimen, our goal was to give a fair distribution with a long period of distribution. This means even if I SUSHI and my frens setup CHAO, we have no more influence in the long term on either side of the value chain. We can only share value for a like value if the entire community continues to provide value. We launch in a decentralized world and hoep to bring it to a fully decentralized future. We will continue more about the ethos and vision, but first how it was done.

Rule #1 — I Sushi spend many many on the project. Why, It is because I am not poorboi, I sell all my Shib for $8 whole dolla to pleb and have fun crypto money to play, it is because I want to know if skin in the game will create more value and social activity.

Rule #2 — Since I spend many on the project, any $CHAO token I own has to be sold into the free market where holders can see the value . So these are my token, not “team token” or “admin token” it is just “sushi token” and will be same when you bought it.

Rule #3 — Since “team” has no tokens and it is only mine, any exchanges are going to be from my initial stake until all of my tokens have been removed and I am no longer part of the distribution.

Rule #4 — As the contracts are time locked Sushi is engaged with the project, this gets us to the future state where Sushi may no longer be involved with our projects.

Thank you for your interest in $CHAO. We are an experiment in decentralized spontaneous community building. If you wish to help the project you certainly can and work with us to find a way to make your efforts the most valuable. We believe through the power of collective decentralization we can build something stronger than a centralized team ever could create. Chaofens memory will never die!

First thing is I had to learn about developing a contract and designing the release of the tokens so that no holder will receive the majority of tokens. STEP ONE complete, we have a $CHAO token made and we have a schedule for the release of tokens. We don’t have a timeline or schedule for an audit, but I have noticed that in this space that audits do not necessarily uncover everything about a project or intentions. We don’t trust, we verify. How can you verify the contents of someones mind?

Next we need to tell frens so we release our creation to the world

Yay! this will happen. Because of power of the CHAO, a very strong trading environment will happens where some make big moneys, pleb get rekys, like any trading floor.

So this is where we are, price goes up people HAIL THE CHAO, price goes down people cry “ADMIN WHY DUMP”

It goes both ways, the point is that it is fun asset to trade and build community.

So People ask me the “roadmap” an plan for CHAO and give suggestions.

I can say the one thing is to donate a large chunk of my tokens so that we can spread the vision of a world free of authoritarian dictators who only transact in evil. Chaofen was brutally murdered by visageless thugs who cruelly, wontonly extingusihed his life. I want to provide a way for groups dedicated to the protection of animals, free speech and a free internet a wauy to transact and spread memtically.

So what can you do to help the CHAO?

1- If you are influencer, you can speak about CHAO on your platform and show the world about the small and innocent animal we venerate as CHAO fen.

2- If you are listing person from exchange, you can list CHAO or invite us to participate in community listing contest. I can promise you that CHAO army will always win over pleb coin

3 — If you want to help setup core growth of the project, some development thing like yield farming or be more involved in marketing plan, run new channels then we can talk and see where is good fit. You are the future and eventual end of the project.

4- Ideas to increase trust and transparency for the project

5- If you are darkweb shillboi, you can make chan and reddit and our SHIBA Army will support. A network is only as good as the value that enters and exits it.

However I need to say a few things clearly

1 — We don’t take investment — who would take the investment? Its locked up and going to be given away to charities and causes of social interst. If you want to contribute we can help you direct your resources (maybe some exchange wants fee, you are welcome to pay) or just go Market Buy CHAO to show support.

2 — We don’t have Admin tokens for anything and i will not give you my bag for no efforts.

3- Our volunteer team is small, usually when people give suggestions, we ask them if they can do it, we will support, but usually best way to do things is to do yourself.

Is this a fair challenge? To see if we can build a 100% decentralized and autonomous perpetual community with no leader. I am not important, and one day I will be gone with little notice. Take the CHAO and journey upwards frens.

-SC