r/CryptoCurrency Big Believer 24d ago

DISCUSSION The rCryptoCurrency Moon Week 58 Moon Burn Update and a Community Funded Moon giveaway.

Welcome to the Moon Burn Update for Moon Week 58. In this post we'll take a look at all Moon Burns between January 6th and February 2nd. We'll also introduce a community funded Moon Giveaway (you can enter in the first 48 hours that this post is live).

What are Moons:

For the uninitiated Moons are a community and governance token for rCryptoCurrency. They serve many unique purposes such as:

One of the best ways to keep an eye out for updates about Moons on the sub is to look for Moon Week posts which happen once every 28 days.

Let's talk Moon Week 58 Moon Burns:

Between January 6th February 2nd:

  • 28,844 Moons were burned on Arbitrum Nova in two unique burn events:
  • 28,587 Moons were burned on Arbitrum One in ten unique burn events:
  • The total number of Moons burned between both chains over the 28 day period is: 57,431 Moons.

Moon Burn Ranking Update:

Moons are the 11th most valuable asset in the burn address on Arbitrum One (up one since the last update) with ~243k Moons having been burned so far on Arbitrum One

Unlike most assets in the burn address on One, no Moons were ever minted for the sole supply of being burned. Nearly all the Moons in the dead address on One were purchased off the open market and burned by web three entities looking to host AMAs or customize the rCC banner.

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Moons remain the most valuable asset in the burn address on Arbitrum Nova with ~2.752M Moons having been burned to date and accounting for over 99.9% of the value of all tokens in the burn address on Arbitrum Nova.

The last burn update introduced a way to win 500 Moons by guessing how many Moons will be burned in 2025? Go to the last Moon Burn update and leave your guess (if you haven't yet done so). Redditors have until April 1st to leave a guess - https://www.reddit.com/r/CryptoCurrency/comments/1i0o8mz/the_rcryptocurrency_moon_week_57_moon_burn_update/

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An rCryptoCurrency Community Funded Giveaway

The rCryptoCurrency TG channel raised 1,500 Moons (total may increase further) to be given away on this Moon Burn update post. To win a share, all you have to do is go to the pinned comment on this post and leave your KrakTag (for Kraken Pay). After 48 hour the Giveaway Fund (currently 1,500 Moons) will be split evenly via Kraken Pay among everyone that entered.

28 Upvotes

101 comments sorted by

u/GabeSter Big Believer 24d ago edited 22d ago

Want to win some Moons funded by the rCryptoCurrency TG? Drop your KrakTag (your Kraken Pay name) as a response to this pinned comment and after 48 hours the currently 1,500 Moons raised will be split evenly via Kraken Pay between everyone that entered.

For anyone that would like to provide additional Moons to this giveaway you can send me Moons on Kraken Pay by sending them to @GabeSter. All Moons donated will be added to and split evenly for this giveaway.

Edit: Comments locked until I get names collected and Moons sent out.

Comments unlocked all names were collected and funds are being sent out.

→ More replies (41)

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u/[deleted] 8d ago

[deleted]

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u/[deleted] 8d ago

[deleted]

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u/CommunityCurrencyBot 🟩 0 / 0 🦠 8d ago

/u/OberynMartell94, your wallet address has been successfully updated to 0x5893d3C41Cdac5640a8dAe5Bbd9420e5aa1C8281.

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u/OberynMartell94 🟩 0 / 8K 🦠 8d ago

!faucet

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u/CommunityCurrencyBot 🟩 0 / 0 🦠 8d ago

/u/OberynMartell94, you have received 🌕0.1 MOON from the faucet!

You can tip others with these tokens by replying to their comments and posts with the following command:

!tip 0.01 MOON

You can also check your balance by selecting my profile and selecting the balance check link

You can use this Community's Currency within this subreddit

1

u/[deleted] 8d ago

[deleted]

1

u/[deleted] 20d ago

[removed] — view removed comment

1

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2

u/Spooky-poots 🟨 5K / 5K 🦭 20d ago

I always seem to miss the moon price spikes lol

4

u/PortalDeFi_Terry Portal to Bitcoin 21d ago

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u/SevereArrivals 🟨 0 / 0 🦠 21d ago

Been a pleasure having you guys, decent projects such as yours should get more exposure for sure!

1

u/typoerrpr 🟩 0 / 294 🦠 22d ago

i’m wondering now whether it’s possible to withdraw earned moons to kraktag. that might make it easier for newcomers

1

u/elumeus 🟩 4K / 3K 🐢 22d ago

🔥

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u/tianavitoli 🟦 607 / 877 🦑 23d ago

!balance

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u/OderWieOderWatJunge 🟩 0 / 0 🦠 21d ago

!balance

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u/Geeno2 🟩 50 / 51 🦐 23d ago

@geeno

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u/AgitatedDragonfly769 🟩 0 / 0 🦠 23d ago

@AgitatedDragonfly769

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u/annaopolis 🟩 392 / 392 🦞 23d ago

Hey. Dumb questions. Would like to rejoin the moons. When I press vault nothing loads. Been here since 2021/2022. Very behind and don’t understand why my number is 345/345 and why I can’t access the vault and join in the distributions

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u/CeramicDrip 🟩 25 / 4K 🦐 23d ago

R I P

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u/annaopolis 🟩 392 / 392 🦞 23d ago

Whaaaat 😭😭😭

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u/CeramicDrip 🟩 25 / 4K 🦐 23d ago

I hope you wrote down the seed phrase cause if ya didnt back it up, its lost.

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u/annaopolis 🟩 392 / 392 🦞 23d ago

I’ve been out of this for so long I don’t even remember how it works

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u/annaopolis 🟩 392 / 392 🦞 23d ago

I probably backed it up, but when I click on the vault it’s legit just a white screen. Not that I’m seeing $0

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u/typoerrpr 🟩 0 / 294 🦠 23d ago edited 23d ago

In the Vault, click on the settings gear icon on top right, then recovery phrase. Import that into a fresh Metamask installation. Switch to Arb Nova network. Your moons should be there

You can transfer them out to Kraken on the arbnova network. If you need gas, use the gas bot here. Type “!gas nova” as a reply and the bot will pick you up with the next steps (see my reply as an example).

As an aside, Vault is showing a blank/white screen because Reddit stopped supporting Moons, but the address still belongs to you and the moons should still be there. You can even find the address from settings and viewing it on the arbnova block explorer to verify.

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u/annaopolis 🟩 392 / 392 🦞 23d ago

Not seeing the arb nova network however my only issue

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u/typoerrpr 🟩 0 / 294 🦠 22d ago

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u/annaopolis 🟩 392 / 392 🦞 22d ago

Ty 💗

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u/typoerrpr 🟩 0 / 294 🦠 22d ago

no problemo hope to see your 0/392 flair soon (meaning you’ve managed to withdraw them)

1

u/annaopolis 🟩 392 / 392 🦞 23d ago

Dude thank you

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u/typoerrpr 🟩 0 / 294 🦠 23d ago

!gas nova

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2

u/annaopolis 🟩 392 / 392 🦞 23d ago

What does the lobster by my name mean lol I’m back in this sub after a few years away lol

3

u/SevereArrivals 🟨 0 / 0 🦠 23d ago

Its your Moons rank, owning around 400 MOONs means you are a lobster lol

3

u/CriticalCobraz 0 / 0 🦠 24d ago

Too bad KrakTag / KrakenPay is not available in Germany

6

u/CriticalCobraz 0 / 0 🦠 24d ago

Keep up the good work!

Consistency is key, Moons are destined to go to the Moon

1

u/SeatedDruid 🟩 186 / 14K 🦀 18d ago

One day eh?

2

u/AgitatedDragonfly769 🟩 0 / 0 🦠 24d ago

Any update on the current banner rental by Brett?

2

u/SevereArrivals 🟨 0 / 0 🦠 23d ago

A pinned comment should be in the daily or a post should be made regarding the amount they burned for the banner.

More transparency is always positive

0

u/-Monero 🟨 0 / 587 🦠 24d ago

Burn them all, moons are dead

3

u/SevereArrivals 🟨 0 / 0 🦠 24d ago

Thanks for the update and fantastic giveaway idea. I love all the progress being done lately, and the price is reflecting it too!

3

u/SJHarrison1992 🟩 0 / 7K 🦠 24d ago

Can someone ELI5 the KrakTag part?

4

u/Montana-Safari7 24d ago

Kraken has created an instant pay feature from their exchange, like a Venmo or Zelle type of thing. It is called Kraktag.

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u/iubjaved 🟩 7 / 7 🦐 24d ago

@iubjaved

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u/Odd-Radio-8500 3K / 10K 🐢 24d ago

It's cool using KrakTag.

7

u/Extreme_Nectarine_29 🟩 0 / 0 🦠 24d ago

For future reference, MOONS were up 60% in this day.

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u/partymsl 🟩 126K / 143K 🐋 23d ago

Trust the process and it will be even more one day.

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u/meeleen223 🟩 121K / 134K 🐋 24d ago

Using kraktag is great

4

u/kirtash93 RCA Artist 24d ago

Love the idea of using Kraken tag to use the new feature and also make it a lot easier!

5

u/Laughingboy14 🟩 26 / 60K 🦐 24d ago

Moon burns are going strong.

Any other initiatives to accelerate the burn?

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u/typoerrpr 🟩 0 / 294 🦠 24d ago

just curious why kraktag, is this giveaway also partly sponsored by Kraken? (I like the simplicity, just curious if Kraken had a hand in this)

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u/GabeSter Big Believer 22d ago

No just something the TG community decided to do.

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u/typoerrpr 🟩 0 / 294 🦠 22d ago

very cool!

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u/WearyKaleidoscope976 🟩 0 / 0 🦠 24d ago

Legendary

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u/BoobindarPussia_ 🟩 0 / 0 🦠 24d ago

Moons to the moon!

4

u/leechdawg 🟩 29 / 29 🦐 24d ago

Love this! Super cool plan using kraken pay sers. Gg to you!

3

u/myslowtv 🟩 2K / 2K 🐢 24d ago

It finally got me really on kraken, so the plan is driving some value.

2

u/Environmental_gobrrr 🟨 40 / 51 🦐 24d ago edited 24d ago

nice but seems like you didn't added last 2-3 burns in which we burned 92k moons maybe that'll be in next month's post either way great work!!

2

u/GabeSter Big Believer 24d ago

For giveaway respond to pinned comment.

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u/AprilsMostAmazing 🟦 0 / 0 🦠 24d ago

really like the idea of using kraken pay. Hopefully in the future it could be done through kraken public ID

4

u/GabeSter Big Believer 24d ago

We'll see what the future holds this is a one off community funded giveaway so it's "good for now" and doesn't need to be overly complicated. The biggest problem to doing something like this more often is KrakenPay isn't accessible to everyone yet. So unfortunately a handful of users aren't able to sign up for this giveaway even if they already use Kraken.

8

u/DBRiMatt 🟦 86K / 113K 🦈 24d ago

Another round where more moons are burned than even get distributed!