Rstory founder Mark Bailey here. Our official Solana token launch is happening on May 9, 2025 at 15:00 UTC. Here's all the info and what to expect:
Once trading is underway, distribution to Key Contributors will proceed. At this time, there are 7 of 12 of these positions confirmed. Here's who we have so far and who we're still looking for.
These Key Contributors will each be given 1m tokens for their ongoing support for the project. They will also be granted access to a group where project operations can be organized. Any network participant who acquires at least 1m tokens will also be allowed to participate in this operations group. Note that all participation in this group must be constructive and any destructive activities will result in revocation of group access privileges.
Beyond this, my founder's allocation is 3m tokens.
In addition, 10m tokens will be set aside to fund cross-chain AMM bridges for automated swaps between Rstory on Solana, Ethereum, and Vaulta. The use of market mechanisms to determine the relative value of each token is intended to facilitate cross-chain compatibility while allowing each version of Rstory to find its own price on each blockchain.
The remaining 30m tokens are dedicated to establishing the market. Of these, 10m tokens have been placed in the trading pool at launch. The final 20m tokens will be introduced into the market as appropriate to deepen liquidity, meet project obligations, and ensure Rstory's sustainability. These project obligations include covering infrastructure and service costs, fairly compensating me for creating the MVP and managing the project through the end of the year, and paying other individuals and companies as needed to strengthen and grow Rstory. The movement of these funds will be public and transparent.
You can monitor the distribution of these funds yourself by watching our token creation account, which has been named Gaia.
The Raydium trading pool AMMID is HvAbcRysAgYaiFfESyL8ZKt5t4Yk7YX9pZCiehp7d9Ad. The token ratio at opening is 2m RSTORY/SOL. If you want to add liquidity to this pool, the fee tier is 0.25%. The plan is to allow the market to find a price, lock liquidity, and use the fee claim NFT as the project's first perpetual revenue asset.
Rstory is designed to grow organically, beginning on Telegram and on social media. One of this community's first tasks is determining reward levels for creative contributors. 45m tokens may sound like a lot, but this sum is intended to be distributed through 2027. The provisional plan is to distribute 15m tokens to contributors in each of 2025, 2026, and 2027. Once these tokens are distributed, contributors may continue to generate revenue using our advertising model.
Rstory is currently seeking one or more developers to improve mobile app support and create blockchain contracts for our network. These include the previously mentioned cross-chain swap contracts, an ad space auction contract, and a collaboration contract to support automated project collaborations.
Right now, there are 2 ways to participate in the project and become eligible to receive gratitude tokens. The first way is to make something cool and contact us on Telegram to introduce yourself and show us what you have to offer. The second way is to contribute by doing something to publicly support Rstory and then telling us about it on Telegram.
One of Rstory's immediate priorities is developing an easy automated process for submitting digital products and other contributions for consideration. Another is deciding on and ideally automating the indexing, curation, presentation, and valuation of the network's media products. Initial conversations about how to do this are underway. We'd love it if you joined in!
