Option #1
Option #1 Bridge TRAX to Solana
One potential direction for the future of the project is to bridge the TRAX token from Ethereum to Solana, shifting the focus entirely to the growth of the TRAX token.
Current Status:
Over 150 holders
250M+ tokens in the developer wallet
Ownership Breakdown: I personally own zero TRAX tokens; Sean holds less than 2800, and I am uncertain about Amulay's holdings.
Available Funds: $2,500 (with $1,755 in the wallet and $750 from NFTs to sell).
With these resources, we could pivot the project and prioritize the growth of the TRAX token.
Key Changes & Focus:
The primary focus would shift from the NFT project to the growth of the TRAX token.
The Discord and Twitter accounts would be revamped to emphasize community building for the TRAX token.
There would be no further emphasis on the NFT aspect; the project would solely focus on the TRAX token.
The community would be built organically through genuine engagement, primarily on X (formerly Twitter). There would be no aggressive marketing or "shilling" tactics.
Action Plan:
Snapshot of Wallets: A snapshot will be taken of current TRAX token holders.
Community Form: A form will be provided for the community to submit their Ethereum wallet address (where they hold TRAX tokens) and their Solana wallet address to receive the airdropped tokens.
Snapshot Completion: Ensure that the entire community or those interested have had the chance to fill out the form.
Bridge TRAX to Solana: The TRAX token will be bridged from Ethereum to Solana.
Airdrop TRAX Tokens: Airdrop the equivalent TRAX tokens to the Solana wallet addresses provided by the community, plus an additional 100,000 tokens to compensate for the time away and the inability to claim tokens during this period.
Revamp Social Media: The Discord server and Twitter account will be updated to focus exclusively on the TRAX token and foster engagement.
Community Engagement Strategy: Organic growth will be prioritized through posts on X, with a strategy to engage the community and grow the project in a sustainable, non-paid manner.
Liquidity: Available funds will be used to add liquidity to the TRAX token on Solana, making it tradeable.
Important Note: This option will heavily rely on the community's support and engagement. The success of this plan depends on how the community embraces this shift and actively participates in the growth of the TRAX token. While this approach offers a clear direction, its success will depend on organic growth and community involvement.
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