MyBroadband memecoin launched [April Fools]

MyBroadband is proud to announce the launch of its own memecoin that honours the great South African memes born on its discussion forums.

Dubbed MyBroadbandCoin, the token promises a fair launch on a rugpull-proof technical foundation that guarantees no presale, insider trading, wash trading, or other pump-and-dump chicanery.

The token runs on the BNB Chain, taking advantage of the affordable transaction fees and excellent ecosystem the platform offers. There are plans to expand MyBroadbandCoin to other EVM-compatible blockchains in future.

“Our launch on Sonic and Polygon is imminent,” said MyBroadbandCoin founder and chief community officer Jan Vermeulen.

In addition to a world-class South African memecoin, MyBroadband has also announced an algorithmic NFT collection.

MyBroadband’s NFTs are encoded directly on the blockchain, avoiding the potential pitfalls of NFTs pointing to image files that must be hosted on a regular Internet server.

To participate in the MyBroadbandCoin community, users will have to download a Web3 wallet like Metamask, enable BNB Chain functionality, and buy some BNB tokens — R60 should be enough to mint some coins and an NFT.

MyBroadbandCoiners must then visit the MyBroadbandCoin.com website, where they can mint tokens.

Note that the tokens are not for sale. Users are only required to pay for the transaction fees necessary to mint their own MyBroadbandCoins — up to 10,000 per transaction. Each person is allowed up to 1,337 mints.

Once you have MyBroadbandCoins, you can visit the NFT area of the website to generate your very own MyBroadband NFTs.

Creating an NFT costs 100 MyBroadbandCoins and the fee required by the blockchain to process your transaction. Users can mint up to 42 NFTs each.

(Update: The MyBroadbandCoin smart contract will stop working at midnight on 2 April 2025, effectively self-destructing. Your NFTs will survive, but it will not be possible to mint new NFTs after the expiry date.)

“While our tokens are not only for people who read the news and mutter ‘TANSTAAFL’ and ‘IBIWISI’, they were certainly crafted with those readers in mind,” says Vermeulen.

The one and only Tim Bankman from the award-winning investing show Up Only recently featured MyBroadbandCoin in a segment, which is embedded below.

Bankman jumped the gun a little with a beta version of MyBroadbandCoin. Note that the number of coin mints has been increased from 3 to 1,337.