Thanks for the indepth enlightenment.
One other thing, how much of the supply does the team holds?
Ok I will join your telegram now and also try to grab a little of your token, thank you
Great question @manfred_jr, and honestly, one I’ve been thinking about a lot recently. What you’re really asking about is decentralisation.
Right now, I personally hold just under 5% of the total supply (around 48 million tokens). No pre-mine, no team allocation, no private sale—everything was launched fairly on the open market.
That said, the plan is actually to increase this amount overtime. Through the NFT purchases, ad spaces in the Museum of Sun, spots on our X spaces panel, management fees through our media agency or sales from our clothing line— 50% will be used for buybacks of SunGou. While it will be held in a designated treasury wallet, it would be under my control for the time being.
The goal is to acquire 400m tokens through these strategic buybacks - which will be held solely for the purpose of providing liquidity to large CEXs, listing fees and providing high APY % staking rewards to our holders.
SunGou is still fairly centralised in the sense that I’m leading the way for now. I think that’s necessary at this stage—to set the foundation, build out the ecosystem, and make sure it has real staying power. But long term, I want this to evolve into something that’s more community-led.
Decentralised governance is something I’ve been thinking a lot about. Whether that’s governance voting, multisig wallets, treasury allocation, a structured DAO model or a combination of these things, it’s something that’ll come as the project matures. Right now, the focus is on making sure we actually build something with real utility—because without that, governance doesn’t mean much anyway.
By all means— you’re welcome to join, great to have you. Telegram: Contact @sungoutron
This was pretty concise and very clear, thanks for the response.
Thank you for sharing it, I will join now
You’re welcome @manfred_jr - I want there to be full transparency for SunGou, plus I’ve been thinking a lot about the topic of decentralisation recently so wanted to share my thoughts.
Any other questions?
Great, see you there
Oh yes I do have a question, you stated here your goal of buying 400M tokens and I’m only curious about your total supply in circulation, and what percentage of the total supply will 400M tokens represent?
Good question @manfred_jr.
The total supply of $SUNGOU is 1 billion tokens, and all of it is in circulation— there was no team allocation, no locked tokens, no hidden reserves.
If I were to accumulate 400M tokens, that would represent 40% of the total supply.
The idea behind buying more is to allow SunGou better access to centralised exchanges.
I know it’s X so can’t take it as gospel but for example
Binance on its own requires 15% supply in order to be listed, if you believe what this posts says. So I want to be prepared ahead of time rather than be left to try and source $50m from seed investors at a later date.
But at the same time, I’m very aware of balancing decentralisation, so any future moves will be made transparently and in a way that benefits the broader ecosystem.
Don’t pay for listing , take it from someone coming from regulated exchanges , if you have the volume , they will list you.
If you don’t have the volume , they will delist you after a while.
Also there are other ways to negotiate , although binance is a tough one , they know they are the market leader.
Nice @tronpower.xyz - cheers for the heads up. That’s exactly why I’m focusing on building out the product now and creating real utility—so when the time comes, we’re bringing something of actual value, not just hype. But didn’t know that about the listing fee exception - thought it was just a given you had to pay something.
I want $SUNGOU to be in a position where listings are a natural next step, not something we have to chase. Being prepared means having the volume, demand, and ecosystem in place so that when we do get listed, it’s sustainable long-term.
Would definitely be good to keep all options open when it comes to negotiations. Curious though, what kind of deals have you seen go down? Anything unexpected or creative in how projects have secured listings? But yeah—Binance is another level. Always good to hear from someone with experience in that space!
I totally get it, it all makes me wonder, would the community have a say in some major decisions, such as when and how tokens are deployed from the treasury for listings? Just curious to know if decisions are community inclusive.
The other ways are through the different programmes the different CEXes offer like a launchpool program , or if they invest in your project ( giving them allocation) , then they have incentive to list you.
If your community is big , that opens up the doors for marketing co-promotion , so you can use that as leverage.
Been following Sungou since the beginning, love this meme! Cool to see you here!
Ayyy thanks for the kind words @cryptoferus
Us TRON memes got to stick together. Looking forward to reading your submission.
Cheers, @manfred_jr.
For now, there is a pretty strong vision for $SUNGOU outlined in the whitepaper roadmap - see section 7 for details: https://sungoutron.medium.com/sungou-whitepaper-b7d88ffb87c7
This roadmap is set out into multiple phases, with Phases 1 & 2 focused on creating strong foundations and implementing core utility. By building it this way, I’m confident that when we move into Phase 3—where we begin to democratise leadership and decentralise governance—there will already be a thriving ecosystem in place.
This is where the community will have more of an active influence in key decisions, including how treasury funds are deployed for listings and other strategic initiatives or partnerships.
If this was to happen now, it would open the ecosystem up to others to pull it in different directions before the core infrastructure is fully in place. The goal is to hand over something that’s already self-sustaining, where governance decisions are made from a position of strength rather than uncertainty. That way, the community isn’t left figuring out how to build—they’re deciding how to optimise and expand on something that’s already working.
I trust myself to steer this in the right direction now, but the long-term vision is to create a distributed, equitable, and self-sustaining ecosystem that can operate beyond just me or any one individual.
I hope that answers your question - I always try to be as open and transparent as possible
You’ve got a solid point there, @tronpower.xyz; will have to give the Launchpools a research.
The investment allocations also seem like a smart way to make listings mutually beneficial rather than just a one-way transaction.
It’s reassuring to know there are more ways to approach it than just paying a flat fee. Definitely something worth exploring further down the line. Appreciate the insight!
This more than satisfy my curiosity, but when you say you’ll democratise leadership and decentralize governance, would that be like a DAO or same model as a DAO?
Good question @manfred_jr! I haven’t fully mapped it out yet, but I expect it would follow a traditional DAO model with voting governance and community proposals. That said, I’d want to ensure the right systems are in place to prevent manipulation and keep SunGou’s future secure.