A new meme coin ICO mixing politics and crypto launched last week – FreeDum Fighters (DUM).
Having raised over $240,000 so far, FreeDum Fighters’ ICO taps into election season themes with a staking app designed for politically minded investors.
How FreeDum Fighters' staking system turns memes into crypto rewards
FreeDum Fighters puts a spin on PolitiFi cryptos by turning rivalries into potential earning opportunities.
The project pits two satirical characters against each other: MAGATRON, a nod to Trump’s MAGA movement, and Kamacop 9000, a fun take on Kamala Harris.
But there’s more to the project than just these meme characters.
FreeDum Fighters’ staking system lets DUM holders generate rewards by backing their preferred candidate.
However, this system has a twist.
MAGATRON supporters stake their tokens in Kamacop’s pool, potentially earning 1,802% yields, while Kamacop backers can tap into MAGATRON’s pool for a potential 427% yield.
This setup encourages backing both sides of the political spectrum.
Weekly social media debates add another layer of engagement, where community members duke it out over their chosen candidates.
These aren’t just Twitter battles – participants can win extra DUM tokens for making their case.
With 27 billion tokens (10% of the supply) reserved for debate rewards, there’s plenty of incentive for people to take part.
FreeDum Fighters’ multi-stage ICO offers early access to the DUM token
The FreeDum Fighters ICO is already gaining traction.
It allows early investors to buy DUM tokens at a fixed price before they debut on the open market.
The ICO unfolds across four themed stages – starting with “The Primaries” at $0.00005 per token.
After that, there’s “The Caucus” at $0.000075, then “The Convention” at $0.0001, and wrapping up with “The General Election” at $0.000125.
What sets this ICO apart is that buyers don’t have to wait until it ends to start earning.
Token holders can jump straight into the staking setup while it’s still ongoing.
After the ICO ends, the FreeDum Fighters team plans to list DUM on a DEX - although they haven’t yet announced a firm end date.
Getting involved in the ICO is straightforward.
Prospective investors must head to the FreeDum Fighters website, connect a wallet, and swap some ETH, SOL, or BNB for DUM.
Purchased tokens will be airdropped once the ICO concludes.
With FreeDum Fighters’ Telegram channel already seeing strong engagement, momentum appears to be building for this PolitiFi coin.
Dual audits & rising PolitiFi token trend help FreeDum Fighters gain momentum
FreeDum Fighters also takes a different approach than the typical meme coin model.
The project has already secured two independent audits from Coinsult and SolidProof.
Both gave DUM’s code a clean bill of health.
Its new features and political angle have caught attention too – earning it the #7 spot on CoinSniper.net.
FreeDum Fighters has even drawn praise from crypto influencers like Crypto Atlas on Twitter.
The token’s ICO launch coincides with increased interest in the PolitiFi space.
Politics-themed tokens like MAGA and TREMP have posted sizable gains lately, as crypto traders tap into election-season hype.
With voting day now less than two weeks away, and political buzz rising, FreeDum Fighters seems well-positioned to capitalize.
The project’s tokenomics adds another layer of credibility.
According to the whitepaper, there are clear allocations for liquidity, staking rewards, airdrops, and more.
Ultimately, while no investment is without risk, FreeDum Fighters is building a strong foundation for its politically charged crypto ecosystem.