About 4 months ago, myself, CVN & GMax were brought together by a twitter user starting his own coin and inviting us into a private pre-sale.
After varying amounts of time in the space, the project we were invited into looked a good one. It stemmed from safemoon’s success and everyone invited to participate was part of the ‘safemoonarmy’.
The project looked strong and approximately 40 of us all bought in. Once presale was filled, it did incredibly well on public launch, quickly achieving 30/40X.
Within 24 hours however the owner decided to announce his exit, due to mental health challenges, and the project changed hands/direction. Within days/weeks the project had all but died and everyone left was trying to pick up the pieces.
Since this, approximately 14 of this original group all formed a community and took the time to share gems, risks and opportunities. We, now a crypto-family, called ourselves RideorDie.
Over the months we saw everything. Incredible successes. Awful rugs. Sickening scams. Shameful shillers. Incredible utility ideas with no support and no utility meme’s with ridiculous support.
Nearly everything however had a large element of risk.
The three of us decided that we should create something with no risk. No risk of a scam/rug at least. No-one can guarantee everyone makes money but we wanted to lay the foundations for a project that presented no developer/owner risk.
We also felt that a token had to give back and deciding an appropriate cause was relatively instantaneous. G himself is a frontline worker working as a Physician in Texas so we decided to start a charitable token, locking all dev wallets for a lengthy period, designed to give back to individual frontline workers / first responders around the world.
Within a month of concept, we launched our project on independence day, July 4th.