Bolt Beat Vol.6
Welcome to the sixth edition of Bolt Beat! In this issue, we’re focusing on the meteoric rise of BoltOS’s first ever memecoin: $GOODLE. The meme exploded onto the scene after the concept was released a little over two weeks ago and has already provided us with a raft of highlights. You can read all about this unprecedented development below. We promise this story has more bite than bark!
The Goodle-verse
In our previous Bolt Beat issue, we mentioned that as part of our integration with Krystal DeFi, we would be launching our own test token: $GOODLE. The idea behind $GOODLE was to showcase the potential benefits behind an Initial Liquidity Pool; a concept that we envision will come to revolutionise how our users create, grow, and ultimately monetize their communities.
The WhiteList: Following our announcement, we revealed plans to create a whitelist for the $GOODLE token. This would allow longtime BoltOS investors, close partners, and key contributors to be the first to purchase the token.
Two weeks later, $GOODLE had evolved from a simple test token into a phenomenon with a life of its own. The community behind the meme exploded almost overnight, with members from other notable memecoins like $WEWE joining the hype. By the time the whitelist closed, it had attracted nearly three thousand applicants. Collectively, these applicants held approximately 33 billion WEWE tokens ($6.1M) and 225 million Bolt Tokens, representing 33% of all WEWE tokens and 21% of all Bolt tokens. These numbers not only surpassed our initial target but also demonstrated the immense appeal of $GOODLE and other coins like it that blend utility with meme culture in the wider market.
Trading Opens: As trading opened for successful whitelist applicants, the initial excitement quickly translated into results. From a starting Fully Diluted Valuation (FDV) of $5,000, we reached a FDV of $100,000 within a day — up 20x from our initial FDV.
Trading was then opened to the general public the following day, which is when excitement truly went into overdrive. Within just 15 minutes of public trading, $GOODLE’s token hit an FDV of $4.5 million. This marked the fastest-growing memecoin ILO (Initial Liquidity Offering) that Krystal DeFi had launched to date, surpassing even $GOODLE’s successful predecessor $WEWE, which currently sits at a market cap of approximately $15 million.
What comes next: As $GOODLE’s popularity continues to rise, our team is rapidly developing infrastructure to support this unexpected success. Among the first developments to get up and running was the official $GOODLE website, gogoodle.com. Here you’ll be able to find all the necessary information you will need to know regarding $GOODLE; from what is Goodle, all the way to how to buy it as well. But this is only the first step in a multi-phase plan for BoltOS.
Following the website reveal, social media expansion and community engagement campaigns, the Goodle team’s next milestone will be to launch GoodleSwap, Goodle’s very own decentralised exchange. This is where Goodle holders will be able to participate in liquidity mining programs and bridge their tokens to other chains as well, thereby increasing Goodle’s interoperability across the rest of the Web3 space. The exposure will likely lead to an increase in the token’s value, but this would only be a small win compared to the grander mission that led to the launch of Goodle in the first place.
The whole aim behind Goodle was to prove that ILO’s can be used effectively to build a community, raise funds from that community, and then use those funds for campaigns which drive value back to the people who invested in the coin at its early stages. Goodle’s success thus far has gone some way to proving the viability of ILO’s. This has huge ramifications for anyone with a decent-sized community looking to fund their next creative project. The groundwork we set now could be responsible for a paradigm shift across multiple sectors of the media industry, changing the way creators are able to fundraise for their passion projects, and build an active community around it.
The immediate future for Goodle, beyond setting a new industry standard, is to integrate into being a more meaningful part of our BoltOS ecosystem. We plan on using the momentum and public attention gained from Goodle to amplify both Bolt+ and the launch of our blockchain: Pivotal, later this year. Once we successfully find incorporate the Goodle token and its holders, into campaigns and initiatives which are meant to increase awareness and usage of both Bolt+ and Pivotal, then we will have found the last piece of the puzzle to interconnect our web of innovative products, thereby completing the BoltOS ecosystem.
Community Corner
Goodle-Fi your profile: The $GOODLE community put their brains together and created a fun new way for everyone to get involved in the $GOODLE hype. Now you can Goodle-fi your profile picture to show you’re flying the $GOODLE flag! https://mauriciocastro7.github.io/
Goodle Discord: We’ve also kickstarted a $GOODLE Discord! Rather than just sharing memes on X, the community now has a place to congregate. Join in the Discord now, so you don’t miss out on the hype and the chance to participate in some fun Goodle-themed community activities! discord.gg/goodle
Google Telegram: For any Telegram aficionados, we’ve also got a Telegram group for you to join! From the latest Buy/Sell actions on Krystal Defi, to keeping up with the latest announcements, it’s a great place to stay up-to-date if you’re on the go! t.me/GoodleChat
Upcoming Events
🎙️ Next AMA: Product Updates & Team Chat! 📅
📍 https://x.com/AvailProject?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
⏰ 15th August, 10pm SGT/9am CST
Don’t miss crucial updates and a chance to connect with the team! Stay tuned! 👀
Thanks for being part of the BoltOS community! Stay tuned for more in our next edition of Bolt Beat.
