Introducing Braincoin. The most interesting experiment in the history of memecoins.
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The Concept
The concept for Braincoin is simple: we create a 'panel' of Mensa-verified high IQ individuals with little prior knowledge of the concepts of trading financial instruments such as crypto and forex, and task them with taking an on-chain crypto wallet with $1000 of starting capital and making it as profitable as possible.
The participants will keep any profits at the end of the experiment. The challenge will take place semi-publicly, with excerpts from the panel's discussions being shared to X, and with the wallet and all actions that take place on it viewable by followers of the project.
Significant actions such as buys, sells and profitable trades will be posted on the project's X account. The trading activities will take place on the Solana blockchain, where the majority of tokens are deployed via the popular memecoin token creation website, Pump.Fun.
Starting Capital
$1,000
60%
Lost Money
4.7%
Made No Money
24%
Made < $100
0.5%
Made > $10,000
A crypto influencer recently shared a pie chart of Pump.fun trader data in an X post based on another post by a user with the handle @Adam_Tehc. According to the chart, 60% traders on Pump.fun have lost money, 4.7% of them made no money at all, while 24% of the traders made less than $100. On the other hand, those who made more than $100 stand at 11.2%, and only 3% made more than $1,000. Even rarer are the traders who made above $10,000 (0.5%).
One thing that has been a constant theme in crypto is that the average joe or 'midwit' does not perform well in crypto. With those at the left or right side of the bell curve supposedly having more success. As such, the theme of IQ is prevalent in crypto. So to put our theory to the test, we want to see if three high IQ individuals in control of one wallet can be profitable.
Our Panel Members' Mensa Certifications
To go through with a trade, 2 out of 3 of the panel's participants must agree that they want to proceed.
Braincoin in itself is crucial to the project's visibility and reason to exist. Buying Braincoin is a bet on the success of the panel and how much future exposure the project gets due to the actions of the panel.
For example, if the panel takes the wallet from $1000 > $10,000, this will give Braincoin a lot of exposure in the crypto community and many people will bet on the panel taking the wallet balance further, to say $100,000 or even $1,000,000, which would further increase momentum for the entire project, and in turn increase the price of Braincoin.
The Concept
The concept for Braincoin is that the higher the panel takes the trading wallet balance, the higher Braincoin itself should be valued. You are betting on a group of 3 verified high IQ individuals outperforming the market consistently.
