Introduction

AMC Meme Coin (AMC) is an Ethereum-based cryptocurrency designed with a unique economic model to ensure sustainable price appreciation. Unlike many speculative assets, AMC employs a dynamic minting mechanism that naturally regulates supply expansion. Our goal is to create a token that rewards long-term holders while preventing excessive dilution through choking supply in times when market forces showcase low demand.

This whitepaper outlines the key components of AMC's economic model, detailing its minting mechanics, liquidity structure, and game-theoretic underpinnings. Through this document, we aim to provide transparency about AMC's functionality and the underlying principles that drive its pricing dynamics.

Tokenomics

AMC Meme Coin operates with a minting system designed to ensure continuous price appreciation. While the token supply is theoretically infinite, the systems integrated mechanisms create a supply choke whenever market demand weakens.

Each token is minted at a rate determined by a dynamic pricing model. The initial price of AMC starts at 0.01 USDC per token. After each mint, the mint price increases by 10%, ensuring that pricing forever appreciates as more coins are minted.

Unlike traditional inflationary models where supply expansion dilutes value, AMC's model ensures that the increasing mint price acts as a natural throttle, restricting supply growth when demand slows and allowing supply growth while demand is high. This prevents runaway inflation and aligns incentives between early and late adopters.

Minting Mechanism

contract AMCMint {
    uint256 public mintPrice = 1000000; // 0.01 USDC (6 decimals)
    function mint(address recipient) public payable {
        require(msg.value >= mintPrice, "Insufficient funds");
        mintPrice = mintPrice * 110 / 100; // Price increases by 10%
        _mint(recipient, 1);
    }
}
            

Solidity code is subject to change.

Each transaction contributes to price appreciation, ensuring that as demand increases, the cost to mint new tokens scales proportionally. If the market perceives the token as undervalued and this is reflected in low liquidity pool pricing, users will purchase existing supply from liquidity pools rather than minting, automatically restricting and choking new supply while simultaneously increasing market price in the liquidity pool.

Liquidity & Pricing

AMC's liquidity model is designed to provide a stable yet appreciating value proposition. The interaction between liquidity pools and minting mechanics creates an automated price regulation system.

When demand increases, users will prefer minting due to its lower cost. As a result, each mint transaction increases the price to mint, ensuring ever increasing and higher prices. However, when liquidity pools offer a lower price than the minting contract, the market naturally gravitates toward purchasing from the pool instead, restricting new supply creation as any would-be dilution is totally halted while liquidity pool pricing is increased.

Game Theory & Strategic Incentives

Game theory plays a crucial role in AMC's economic model, ensuring rational actors act in ways that reinforce price appreciation.

• Early Buy Advantage: Users who mint earlier secure lower prices. This encourages initial adoption and sustained participation.
• Supply Restriction: When the market price drops below mint price, minting halts, forcing new entrants to buy existing supply instead.
• Infinite Supply: When the market price raises higher than the price to mint, minting resumes, allowing new entrants to mint new supply at a discount creating revenue for the DAO.
• Behavioral Economics: As the token price appreciates predictably, an ever increasing price drives continued participation and a repeated cycle of ever increasing price.

Roadmap

• Phase 1: Smart Contract Deployment
• Phase 2: Initial Liquidity & Community Building
• Phase 3: Exchange Listings & Expanding Utility

Frequently Asked Questions

How to Buy with MetaMask

Follow these steps to purchase AMC Meme Coin using MetaMask:

1. Install and Set Up MetaMask: Download MetaMask from the official website or browser extension store. Follow the instructions to create a wallet and securely store your recovery phrase.
2. Connect MetaMask to Ethereum Mainnet: Open MetaMask, click on the network dropdown, and ensure that you are connected to the Ethereum Mainnet.
3. Add AMC Meme Coin to MetaMask: Copy the contract address below, open MetaMask, navigate to "Assets," click "Import Tokens," and paste the contract address. Confirm the addition.
4. Buy Ethereum (ETH): You need ETH to trade on Uniswap. Purchase ETH from an exchange like Coinbase, Binance, or directly through MetaMask.
5. Swap ETH for AMC on Uniswap: Go to Uniswap, connect your MetaMask wallet, paste the contract address into the swap field, and exchange ETH for AMC
6. Confirm the Transaction: Adjust the slippage if necessary and approve the transaction in MetaMask.

Contract Address: PLACEHOLDER

Disclaimer

AMC Meme Coin is not an investment, security, or financial instrument. It is designed for entertainment purposes and experimentation. Always conduct your research before participating.