The world’s most sophisticated meme coin.

"Over the years I have heard many people say the happiest day of their life was their wedding day or the birth of their child; clearly these are people who have never escaped from the Gulag! That was the most thrilling day of my life!"

Note: The Telegram group will not be actively moderated by the developer until open trading starts on July 4, 2024. New information will be posted as it develops on Telegram, Twitter, and this website. This website will be considered the official source of all project information. Posts will be made on Telegram and Twitter when the Website is updated with new information.Initial Developer:
Retired Software Engineer / Data Analytics Engineer

Project Inspiration:• Intelligence operative (Steven G. Jacobson) was captured and imprisoned in the Gulag in 2012 attempting to retrieve Klondike-Gold: stolen in 1974 from a Federal Historic Gold Bunker in Alaska.• During a harrowing rescue/escape Mr. Jacobson was freed from the Gulag in 2017; however, six; including four operatives from the original mission as well as two from the rescue team were left behind.• This project has been conceived to raise funds, plan for, and conduct the rescue of those patriots left behind – abandoned by numerous administrations.• It is time for the community to act.

Mission Phases (Timeline):(May through July 2024)• Theme development: May - June 2024
• Initial website publishing: June 2024
• Startup of social media: June 2024
• Coin minting: June 2024
• Presale: June 20 – July 2, 2024
• Initial liquidity pool initiation: following end of presale.
• Trading Launch: July 4, 2024 (Independence Day) - 3PM UDT / High Noon CDT - Central Daylight Time U.S.
• Creation of governance / participation tokens: July 15, 2024
• Development of community-based games, tasks, adventures, and contests for the giveaway of monetary prizes, airdrops, and governance tokens.
• Creation and deployment of smart contracts to govern project strategies and lottery.
• Start of awarded participation activities.
• Initiation of lottery and drawings.II. (August 2024)• Continued development of social media presence.
• Start of weekly lotteries.
• Merch store comes online.
• On-teaming of experienced crypto-developers.III. (September 2024)• Initiation of the DAO tools for continued project governance.IV: (January 2025)• Development of coin staking opportunities.V: (July 2025)• Development of a professional theme-based video game.
• Initiation of coin as a utility coin for purchasing in game resources.
• Support of community planned airsoft mission activities and other community gatherings.

Tokenomics Blueprint

$GOOLAG (Token) Address: 2sguUPjXpQe1o4ANGnH78qgt6Bu2TR6RWouRipWhcQei

Govanace Token (Token) Address: this token has not yet been created

A unique project using a duel set of tokens utilizing a well-planned set of initiatives to provide value stabilization of the coin; incorporating incentives to reduce coin sell pressure and promote coin accumulation and holding.Memecoin:
• $Goolag (referenced as "Coin".)Governance Token:
• Governance and project participation token. Referenced as "Token".)
• Tokens will be sold to community members for a standard fixed price of $1 USDC per token. Proceeds will be used to fund the six project wallets (not the developer’s creation-bounty wallet.)
• Note this will be a “taxed” token, a 3% tax will be collected by the project on all token transfers for the life of the project for use in the Price Support and Stabilization strategies.Features:
• One billion minted coins.
• Fifty thousand minted governance tokens.
• Mint authority revoked for both coin and token.
• Freeze authority revoked for both coin and token.
• Future utilization: Coin will be used as a utility coin for purchasing in-game resources (Phase V) creating buy pressure.
• Restricted Dev-Team creation bounty coins.
• Seven wallet strategies including: Burn, Governance, Development, Price Support, Airdrops, Awards, and Developer’s Bounty wallets (See Project Wallets discussion.)Dev-Team:
Dev-Team “Creation Bounty” coins will be limited to 4.5%, significantly lower than most other Memecoin projects. See (Dev-Team creation bounty restrictions - Project Wallet Strategies.)

Price Support and Stabilization: A scheme to be developed by the community in order to place buy orders by the project, when the MCap falls below a defined level, to counter downward selling pressure. Funded by community participation including a weekly lottery. Coins purchased through this price support scheme will be burned.

Project Wallets Strategies: (all wallet addresses will be public for monitoring by community.)• Developers’ Creation Bounty Wallet: Stores the 4.5% of total minted coins (See wallet restrictions)• Governance Wallet: Stores the governance / participation tokens for sale.• Continued Development Wallet: Initially supplied with SOL from the pre-sale. Funds will be used to cover the costs of continued development.• Burn Wallet: Where coins are permanently retired (never to be sold again.)• Airdrop Wallet: Initially to contain 4.5% of total minted coins for participation rewards.• Price Support and Stabilization Wallet: A scheme to be developed by the community in order to place buy orders when the MCap falls below a defined level, to counter downward selling pressure. Funded by community participation including a weekly lottery. Coins purchased through this price support scheme will be burned.• Awards Wallet: Initially supplied with SOL from the pre-sale as well as 1% of minted coins to provide rewards for participating in marketing activities, games, community building events.Developer’s Creation Bounty Restrictions:

  • Developers’ creation bounty wallet will be restricted to selling only $500 worth of coins per month for the first six months.

  • $750 per month during the next six months.

  • No selling of coins during the first 48 hours of open trading.

  • No selling when Market Cap. is below 2M.

Airdrops

Project Initiation AirdropAfter day 7 of open trading (July 10, 2024) all wallets that participated in the pre-sale (0.3 SOL minimum) and have not sold or transferred any coins, will share in a Twenty(20) million coin airdrop. This "project initiation" airdrop is restricted to the 250,000 coins per wallet. This "project initiation" airdrop is limited to 250,000 coins per wallet.
This will be a staggered airdrop - 25% of coins each week over the following four(4) weeks.Airdrop Schedule: (based on project milestones)• Day 14 (July 17) wallets which have never sold (or transferred) any coins and purchased a minimum of $250 worth of coins (not including presale coins), based on price at time of buy.• Day 20 (July 23), wallets which have never sold (or transferred) any coins and purchased a minimum of $10 worth of coins each of the first 14 days (not including presale), based on price at time of buy.• Day 50 (August 22), wallets which have never sold any coins and purchased a minimum of $750 worth of coins (not including presale) based on prices of coin at time of buys.• On day the milestone of 5,000 individual wallet holders is reach. Each Wallet holding a minimum of $500 (including presale coins) based on price of coin at moment the snapshot is taken.Airdrop mechanics and restrictions for (project milestone) airdrops:• Any single wallet is limited to 15,000 coins total encompassing the above five airdrops.• Each airdrop will include a preset number of coins, divided evenly between the wallets which qualify for any particular airdrop.• Airdropped coins will be dispersed to qualified wallets over a period of 60 days.

Merch store:
• 1/3 of Profits used to burn coins.
• 1/3 of profits used for coin buys for price support and stabilization.
• 1/3 of profits used for development costs.Merch Store Products:
• Beautiful Poster of the Initial Coin Creation Transaction.
• Stylish T-shirt of the Initial Coin Creation Transaction.
• And others.Available: August, 2024

Lottery / Games / Giveaways / Contests / Adventures / Missions (community involved planning)

Lottery:
• Every week SOL or USDC coins will be awarded to the winner of a lottery.
• Funds raised through the lottery will be used for the price support and stabilization scheme.
• Winner(s) will receive 75% of the entry pot; 25% used for the Price Support & Stabilization, as well as Burn Schemes.Lottery – 1:
Entry coins will be SOL; 75% of pot awarded to winner(s), 25% used to purchase and burn coins (for price support and stabilization.)Lottery – 2:
Entry coins will be USDC; 80% of pot awarded to winner(s), %20 used for continued development and marketing.Lottery – 3:
Entry coins will be $GOOLAG; 80% of pot awarded to winner(s), 20% will be burned.Monthly Drawing:
• Each of the first 6 months of the project 1M coins will be awarded to community members (Coin Holders) through a drawing.
• Drawing awards will be dispersed over time to lessen selling pressure.
• Participation in the drawing will be based on community suggestions and vote.
• Dispersed coins will be provided from the Dev Teams “Creation Bounty” wallet.Games:
Fun, Goolag themed games; $GOOLAG coin used as utility coin for participation and awards – to create buy incentives.

Distribution of Governance TokensHow to earn governance tokens:
• Adding and burning additional liquidity.
• Participation in games / adventures / missions.
• Purchasing directly from developer.Governance tokens can be traded/sold by project participants to others. However, to participate in DAO governance functions wallet must be holders of both governance tokens and coins.Each participant vote in governance functions will be weighted using a standard algorithm based on the percentage of tokens and coins owned. With considerations to limit whale holders.These strategies will be further fleshed out by the community in the weeks following start of trading on July 4, 2024.

Pre-Sale

Starts on: Active
Ends on: July 4, 2024Liquidity pool creation, LP burn, and start of trading on DexScreenerJuly 4, 2024 (3PM UDT / High Noon CDT - Central Daylight Time U.S.)

Pres-Sale (Info)
15,000,000 of the 1B minted coins available.
150,000 coins per 1 Sol
15,000 coins per 0.1 Sol
Auto liquidity add at end of presale.
Auto burn after liquidity added
65% of SOL raised set to liquidity pool
Remaindered for: marketing, participation airdrops, rewards, project development, additional LP adds

Project Initiation Airdrop

  • All wallets that participated in the pre-sale (0.3 SOL minimum.)

  • Have not sold or transferred any coins through the seventh(7) day of open trading.

  • Will share (proportionally) in a Twenty(20) - million coin airdrop (2% of total minted supply.)

  • This "project initiation" airdrop is limited to 250,000 coins per wallet.

  • This will be a staggered airdrop - 25% of coins each week over the following four(4) weeks.

This pre-sale is currently active on PinkSale.