CANIFESTO

We know that fun memes make great tokens

Dive into the heart of OnlyCans token $CANS with our Canifesto, the ultimate guide to our memetastic journey! This comprehensive whitepaper lays out our ambitions, canstruction phases and detailing how we plan to revolutionize the memecoin space. Discover our commitment to transparency, and the exciting phases of Canstruction that will take us to the moon and beyond.

Whether you're a seasoned crypto enthusiast or a newcomer to the canmunity, the Canifesto is your go-to resource for all things OnlyCans. Join us as we roll out a can-tastic future together!

What is OnlyCans?

Welcome to the Caniverse! OnlyCans is a Web3-based project created for all the crypto enthusiasts who appreciate a good laugh. It revolves around a new global memecoin with the ticker symbol $CANS, which is on the brink of revolutionizing the crypto space with its quirky and robotic charm.

The Birth of $CANS

Imagine a world where your favorite cans come to life, ready to roll and rule the crypto universe. That’s OnlyCans for you! Born out of the idea that memecoins should be fun, engaging, and a bit eccentric, $CANS is designed to bring a smile to your face and some excitement to your portfolio.

Aims and Ambitions

OnlyCans is not just idly sitting on the shelf. We aim to achieve a top position among memecoins, driven by our hilarious canmunity and future marketing campaigns. By 2024, we’re targeting to become a household name in the world of crypto memes. The goal? To launch $CANS to the moon and beyond with the support of our amazing canmunity.

The Canifesto

Why a Canifesto? Because we believe in transparency, fun, and most importantly, can-struction! Our Canifesto will be your go-to guide for everything $CANS. It outlines our mission, our roadmap, and how we plan to involve our canmunity in every step of our journey.

Why $CANS?

Because we’re not just another memecoin. We’re the quirkiest, most robotic token on the Solana blockchain. With $CANS, you’re not just investing in a token; you’re joining a can-tastic movement that’s all about fun, community, and a bit of cheeky humor.

Our Canmunity

At the heart of OnlyCans is our vibrant canmunity. We’re all about transparency and engagement. All funds in our canmunity wallet are allocated through votes, ensuring that every can-mate has a voice in our collective journey. From development to giveaways, your vote shapes the future of $CANS.

Q2 - 2024
Phase 1: Launchpad

In our inaugural phase, we're laying the foundation for OnlyCans. Here’s what you can expect:

Website: Your go-to hub for all things OnlyCans, packed with info and updates. DONE
Whitepaper (Canifesto): The ultimate guide to our mission, vision, and roadmap. DONE
Canmunity Wallet: A transparent, community-driven wallet for development, giveaways, and more. DONE
Socials: Follow us on social media to stay updated and engage with the canmunity. STARTED
Memes and Art: Dive into our collection of can-tastic memes and art to spread the OnlyCans cheer. DONE
Building the Canmunity: Growing our base of supporters and enthusiasts. STARTED
Launch Token: 2024 May 22
Listings on DEX: Getting $CANS listed on decentralized exchanges for easy trading.

Q3 - 2024

Phase 2: The Expansion

As we build momentum, Phase 2 focuses on expanding our reach and engagement. Here’s what’s coming:

Marketing Blitz: Launching a robust marketing campaign to spread the word about OnlyCans.
Robot Revelry: Win prizes and join fun activities in our can-tastic robot-themed events.
Competitions: Host exciting contests to engage our canmunity and reward creativity.
Can Do Challenges: Fun challenges that bring the canmunity together and offer rewards.
Enhanced Listings: Work on getting $CANS listed on more exchanges to increase accessibility.
Exclusive NFTs: Buy exclusive NFTS only with $CANS tokens. % of the income will go to the canmunity wallet.

Stay tuned as we roll out these exciting phases and build a can-tastic future together. Let’s make OnlyCans the most fun and engaging memecoin on the planet! And don’t forget, every canmunity member will have a vote in our future.

Launch of OnlyCans official token $CANS

Canvolution Begins

When it came time to decide where to launch our beloved $CANS token, we wanted a platform that offered simplicity, security, and accessibility. Pump.Fun stood out as the perfect choice for several compelling reasons.

Pump.fun is a platform designed for effortless memecoin creation and trading. It operates on a bonding curve mechanism, which determines the price of a memecoin based on its supply. As more tokens are purchased, the price typically increases.

Fair Launch Mechanics

Pump.Fun ensures a fair launch for all tokens by using a bonding curve that anyone can buy or sell into. Once the token reaches a market cap of around $70,000, the liquidity is transferred to Raydium and burned, locking in the AMM liquidity. This approach eliminates the risk of initial liquidity being rugged by developers and creates a fair trading environment for all participants.

Instantly Tradeable Coins

One of the standout features of Pump.Fun is the ability to launch a coin that is instantly tradeable without needing to seed liquidity. This means that as soon as $CANS is launched, our canmunity can start trading it right away. The platform’s bonding curve mechanism ensures liquidity is managed efficiently, providing a smooth trading experience from day one.

No-Code Simplicity

Pump.Fun is a no-code platform, making it incredibly easy for non-technical users to create and launch their own memecoins in minutes. For OnlyCans, this meant we could focus more on building our canmunity and less on the technical complexities. This user-friendly approach aligns perfectly with our mission to make $CANS accessible to everyone.

Growing Popularity

Since its launch, Pump.Fun has rapidly grown in popularity, especially within the Solana ecosystem. With daily fees ranging between $200,000 to $500,000, the platform has demonstrated its capability to handle high volumes and provide a robust trading environment.

Successful Track Record

Pump.Fun has already seen notable successes with tokens like $HOBBES and $EPIK, which reached market capitalizations of over $120 million and $25 million respectively. The platform’s ability to support high-growth memecoins gave us confidence that $CANS could thrive here as well.

By choosing Pump.Fun, we’re leveraging a platform that aligns with our values of simplicity, fairness, and community engagement. We’re excited to roll out $CANS and invite you to join us on this can-tastic journey!

Low Fees

Pump.fun prides itself on its low fees.

Tokenomics

When our human developer creates the token on Pump.fun, it is not immediately available for trading on major exchanges like Raydium. Initially, tokens can only be traded on Pump.fun’s market or through some supported bots. The initial market cap for Pump.fun tokens starts around $4,000, providing a fair entry point for early canmunity members.

Token Launch Process

When a coin is launched on Pump.fun, 800 million tokens are put into the bonding curve, out of a total supply of one billion tokens. All coins generated are identical. The objective after the coin launch is to promote and sell 800 million tokens. Once all 800 million tokens are sold, the bonding curve reaches full capacity and automatically transitions to Raydium. The approximate number of SOLs required to transition to Raydium is 86, though this number typically fluctuates between 84 and 86 SOL.

Market Cap Thresholds:

King of the Hill: Approximately 45 SOL is needed to reach the "King of the Hill" status, representing a halfway point in terms of token sales.
Market Cap for Transition: Market cap thresholds trigger transitions in the bonding curve, with $69,000.

Price Dynamics and Exponential Increase

Token prices change exponentially based on a formula linked to the market cap. The price per token increases significantly as the market cap grows, offering substantial returns for early investors.

Filling the Bonding Curve

As the token's market cap reaches approximately $69,000, trading on Pump.fun will automatically close, and the token will migrate to Raydium. This process, known as 'filling the bonding curve', signifies that the token has achieved sufficient market traction to be traded on a larger platform. Reaching Raydium is where the real party starts, attracting a larger audience and potentially driving significant growth.

Liquidity Provision and Burn Mechanism

When a token's market capitalization hits specific thresholds ($69,000 for Solana), Pump.fun deposits liquidity ($12,000 for Solana) to decentralized exchanges (e.g., Raydium, Thruster DEX). This liquidity injection enhances trading activity and stability. A portion of deposited liquidity is burned, reducing token supply and potentially increasing its value.

Provides Alternative Launch Approach

Pump.fun offers an alternative to traditional token launches. It ensures fair and transparent distribution without presales or team allocations. This minimizes rug pull risks and fosters a level playing field for all participants.

Why $CANS is Here to Stay: Commitment from the Dev Team

At OnlyCans, we understand the concerns surrounding memecoins and the prevalence of scams on platforms like Pump.Fun. However, we are committed to ensuring that $CANS is a project built on trust, transparency, and long-term success. Here’s why you can trust that $CANS is not going to be a rug pull.

Dedicated and Transparent Development

The development team behind $CANS is dedicated to the project’s success and transparency. Unlike many anonymous or temporary devs who may dump tokens for quick profits, our team is fully committed to building a sustainable and thriving canmunity.

Visible and Accountable Dev Wallet On Pump.Fun, you can see the dev wallet. We maintain transparency by ensuring that our dev wallet activities are open for all to see. We do not engage in sudden dumps or suspicious transactions. Our focus is on the long-term growth of $CANS.

Gradual and Responsible Token Distribution

The dev team will only hold a small, predefined percentage of tokens, and any selling activity will be conducted responsibly, with full transparency to the community. This approach prevents sudden market impacts and ensures stability.

Active Community Engagement

Our team is actively involved in the canmunity, engaging with members, addressing concerns, and providing regular updates. We believe in building a strong, supportive community that grows together. The dev team will also contribute a portion of the profits into the Canmunity Wallet, which will be used for development, giveaways, prize pools, and other community-driven initiatives. All funds in this wallet will only be allocated based on votes from our canmates, ensuring a democratic and transparent process.

Commitment to Long-Term Success

The primary goal of OnlyCans is to create a fun, engaging, and lasting project. We have laid out clear Canstruction Phases, each with specific milestones aimed at long-term development and community involvement. This roadmap underscores our commitment to the sustained growth and success of $CANS.

CansClusion

Memecoins thrive on community engagement, hype, and market dynamics. OnlyCans is here to lead the charge with its vibrant canmunity and innovative approach. Join us as we roll into a future filled with fun, memes, and can-tastic gains!