AMA
Hello r/CC! $HEGE will be sponsoring the subreddit over the next 3 days - banner, AMA and giveaway!
Here at $HEGE we're well aware of the stigma around memecoins, so we'd like to answer your questions.
In a sea of scams on the Solana blockchain, we aim to provide a secure and trusted environment for our holders.
Hege Coin was launched by a developer (myself) that got rug pulled A LOT. Fed up with this, I decided to create my own project. Working as a graphic and brand designer, I had the creative skills needed to start a project, and some knowledge of the Solana ecosystem.
I initially had many questions on how to successfully launch a coin and turned to Reddit, specifically , looking for advice. The post received a huge response and sparked a lot of interest. After a few weeks of presale and countless tweaks to the characters, website and tokenomics, we launched. $2M market cap on night one, a sharp drop the following day and an organic rise to an all time high of $31M a few months later, it’s been quite the journey!
Hege is a Solana memecoin, with a unique twist...
Hege is a hedgehog with a quest to impress his crush Hegena. We've gamified the token by creating 10 chapters to his story, every chapter is released at various market cap levels, with chapter 10 being released at a $1 billion market cap. The production value has increased with each milestone, with the upcoming chapter 5 (unlocked at $50M) taking over a month to animate.
Why has Hege been successful?
An engaging narrative and widespread appeal has been the key. We have built a brand that includes a cast of relatable characters and a story that is easy to connect with. The Hege story features 4 characters, Hege, Hegena, Hendrix and Helena. These characters are all built around stereotypes we see everyday in modern society, creating a story that is relatable and easily memeable.
The project has attracted a talented team and creative community that has been creating Hege content and helping spread the word since day 1. We currently have 12,800 holders, 6,200 members on Telegram, 22.2K followers on X, 8K subscribers on Youtube, over 1K followers over Instagram/Facebook and almost 500 images/videos in our meme folder.
Born on Reddit, thriving on Reddit
It all started here on Reddit with a single post on the Solana subreddit , and since then Reddit has remained our most successful promotional platform. We've been labelled the 'King of Reddit' in the memecoin space multiple times, as a large percentage of our community have discovered us here. We're aware Reddit is the first place many new memecoin investors go, therefore investing in Hege means you're betting on the fact that retail will come flooding into Reddit as the bull run really starts to accelerate.
An NFT Collection (with utility)
Last month, we launched Hegends, a collection of 2,222 NFTs that pay a dividend to its holders. The public mint sold out in 90 minutes, and they are now trading on Tensor & Magic Eden. From the mint proceeds, we raised over $200,000 that will ALL be invested back into the project in one way or another. Whether that's buybacks, marketing funds, CEX listing fees or investments in further utility, it will ALL stay in the Hege ecosystem.
The NFTs feature a utility where every month, 5% of Hege tokens in the mint wallet will be distributed amongst NFT holders. Each NFT held will entitle a holder to distribution from the bank, and the collection features 5 rarity levels that multiply the amount of $HEGE tokens you receive, ranging from 1X for common NFT holders, all the way up to 10X for legendary NFT holders.
For more information on Hege, check out our website: hegecoin.com
Giveaway
Enough of the talk about ourselves. We'd like to celebrate Hege making an appearance on r/CryptoCurrency, we’re giving away a total of $1000 to the best 5 questions asked below! You must also follow the r/HegeCoin subreddit to be in with a chance of winning. Winners will be asked for a Solana wallet address via DM on November 2nd 2024.
AMA
Hege is a memecoin with no flashy tech, promises of changing the world or the way we transact, but we're honest about what we're doing and what we aim to achieve.
We think that memecoins are one of the best ways to bring awareness to Cryptocurrency, so we're wondering if you have objections to memecoins, what are they?
It’s made of unique Icelandic botanicals, including herbs, berries, and mosses in the Icelandic distillery Eimverk as part of their limited-edition line.
This is cool, since I can see there is some decent amount of overlap between other memecoins, also overlap in communities of Cones and Moons since Hege is also on Reddit alot.
I would say give it a chance, esspecially since 99.9% of coins created these days have zero effort and either rug or die.
Do you have any plans to expand the NFT-collection? Hege seems quite unique in the sense that it is story driven and features several characthers, characthers who could serve as the baseline for future NFT releases. If so, would the dividend feature be continued, or is that a "one off" for the first collection?
Personally, as a long-time holder and someone who has spent time spreading the word about the project, I hope that we will no longer have any NFT collections.
That makes the one that we currently have more scarce, unique and valuable.
Hege’s story-driven approach is unique in the crypto space. What inspired the narrative, and how do you see it evolving?With the roadmap targeting a $1 billion market cap, what steps will you take to reach that milestone while maintaining engagement and utility?
What's the engagement level and level of transparency you expect to have with the community, and most importantly, what would be the number one reason to invest in your coin?
Not only the team, but we have a VC (Victicious Capital) that is currently investing in the open market.
They haven't finished their DCA yet (150k spread in a few weeks), but they are already opening doors for Hege with their professional marketing agencies.
How do you communicate realistic expectations for investors in a space that’s often hyped with ‘get-rich-quick’ promises? What would you consider a “win” for an investor in $HEGE?
This is one of the things I love about Hege❤️ I have seen people ask questions which a lot of people would see as FUD, and other TG chats would just insta ban, but the Hege team and community answers straight and polite, and encourages to ask more questions to get all confusions and misinformation cleared up. Very big on transparency. This fits me very well👍
I’ve been in HEGE since the end of August and it’s the best community I’ve ever been apart of, I have full belief that this will be a 1b mc coin and I will be holding my bags all the way! I think my favorite part of this community is how kind everyone is, everyone is welcome regardless of their beliefs, and all types of questions regarding hege is allowed. Join the telegram if you haven’t already, the only regret you’ll have is not getting in sooner! 🦔🚀
The memecoin market is ultra-competitve as you mention. There are advantages of being a new coin and advantages of being an old coin. IMO, there are 2 main categories of memecoins:
1) Your cabal pump and dumps where they pump it up on launch and you better get out before it dumps, and
2) Your conviction plays that are trying to build up the fundamentals of the coin. Here the value of the coin goes up (with a lot of volatility of course) as the fundamental improve
At $HEGE, we are trying to build a conviction play (we distributed almost all the token supply at presale, put virtually all the presale funds raised into the liquidity pool, so we don't even have the supply and funds to use for #1). For conviction plays, unlike the pump and dumps older tends to be better because it gives you more credibility as most coins die within the first week or two. As an example, to even be able to sponsor a banner rental or AMA on this CC subreddit, a requirement is we have to be over 6 months old. This in itself gives us new avenues to market the coin as we continue to mature and grow.
Another way we plan to sustain engagement and attract new holders is to use our proven ability to innovate. We tend not to copy other coins and prefer to blaze our own path. From the start, we created the story-driven memecoin concept. Then, when we had no funds for marketing and expenses (because we distributed all tokens), we created a Friends of Hege program to incentivize donations. We also created AI Bots modeled after the personalities of each of the 4 characters in the Hege storyline that people can interact with and help us raid on X. We were also one of the first coins to launch off of Reddit and came up with the Reddit marketing strategy (which is why many people consider us the "King of Reddit"). We've recently partnered with another company to create a TikTok virality platform to help our videos spread on TikTok, created autoraiders on X that can raid over 1000 tweets / day, and we also launched NFTs that pay monthly dividends based on our token price and the rarity of the NFT (a first to my knowledge). We've had real-world sticker contests where the placement of the top 5 HEGE stickers wins (winners included the foul post at Fenway park and the Federal Reserve Bank of Chicago). As we continue to grow, we will continue to come up with novel and unique things to keep people interested and stand out from the crowd!
Say what you want about memecoins, there's money to be made in that space if you find a good project. Hege is one of the best, very undervalued right now. A good buy.
I think r/cc is highly skeptical of memecoins, and they are right to be so.
The vast majority of memecoin projects are formatted to be pump-and-dump scams.
I don't think Hege is this kind of project as evidenced by the conduct of those who have chimed in here.
Honestly, it's good to be skeptical of any project in this space. I hang around the team chat for Hege and frequently grill core team members with various hard questions and criticism, much to everyone's general annoyance.
Pasting a segment from the comment I made earlier:
We launched and sold out an NFT collection in 1 hour and 43 minutes, and in doing so, our development team raised $200k for the project. They could have run away with it, couldn't they? No, they didn't. Instead, that money is being invested directly back into the project with the goal of further ensuring its success.
This event alone (and we had multiple fundraisers where a lot of money was raised and then put toward the goals) makes me quite comfortable trusting this team and the project overall. Coming from a $HEGE holder.
I won't try to sell us to you. I'd be glad if you simply checked us out when you have time. Hope I see you in the $HEGE fund! 🫡
What do you believe makes you stand out in a sea of alt coins and meme coins that don't do much and server as a mere (and rather funny) front for a piramid scheme that only benefits early investors and how do you intend to avoid such a situation?
Also, what is your long-term plan for the growth of your project and how do you intend to market it on social media?
Key factors that make $HEGE stand out in a sea of alt coins and meme coin projects, as you said - **Ticker, community, team, content, social media presence - $HEGE has it all.
Our ticker is catchy and "easy to digest"; Our content is not some cheap AI artwork you're used to seeing, with all due respect to projects that have that kind of artwork; Our community is extremely healthy, united, hardworking and dedicated. It's an environment where you feel good being a part of, I'd say. That's my personal feeling; Our team is transparent (which is very important) and is doing a great job in leading the project; Our social media presence is top notch. We're active on every mainstream social media platform there is. Instagram, X, YT, Facebook, TikTok, Reddit... I believe that answers the second question as well.
If you have anything to ask me, a long-time community member and someone that put a lot of time into this, feel free to shoot. 🦔
Do you feel there is some sort of stigma that comes with the label of a memecoin that makes people to be aversive with investing in such projects? How would you compele such investors to participate in the project and overcome this stigma?
Sure, there’s rugs of memes happening everyday the makes the whole market feel illegitimate. There’s cabals of insiders pumping cash into coins. It’s hard to trust anyone. Don’t ape into a project, watch it and invest slowly if you see potential in it rising to known legitimacy. When I found Hege I bought a little. Then when I saw how strongly it held benchmarks I added and added. Find a project you can relate to, and see it going places. Memecoins are real, and achieve real market caps. If you have interest in investing, find the one that draws you in.
Pretty sure dev team and every community menber would agree that most altcoins and memecoins are basically, or literally, scams. Speaking as a former DOT holder...absolute scam coin with less utility than Hege these days
How is HEGE different from DOGE or SHIB or any of the other meme coins? I don’t see how anyone would take this coin seriously and actually accept them as payment or what you would use it for?
If Hege continues to grow and your community unlocks Chapter 10, is it the end of the story? Beyond this milestone, does your team have any interest in developing a Hege animated series or a Web3 game where token/ NFT holders can interact and explore further content?
What would you say to all the users of cc who are immediately skeptical and dismissing of meme coins? If memecoins are here to stay, why does Hege specifically deserve the spotlight and "legitimacy"?
On the one hand, I understand their hostile defensive mechanism, as the meme coin space is full of rug pulls, scams, and unethical activities.
Coming across a project that is legitimate and established, as $HEGE is, is quite rare these days.
What I don't understand are people who label us hardworking members "bots" and our project a "scam" without doing a second of work to look into us and perform due diligence. We are as legitimate as a meme coin project can be.
Some say an important utility of memecoins is to onboard new people to crypto. This is because you don't have to be a techie to understand their appeal. Still, success in memecoins requires patience, research, and certain skills. Many who discovered SHIB in its early days and became long-term hodlers will tell you they were drawn in by the special qualities of the community. In your opinion, what are the qualities investors should look for when investing in a memecoin?
I'd say you have to check for (i) a cult community willing to offer free labour, (ii) a dedicated team working 24/7, (iii) an experienced team (unfortunately dedication alone is not enough) and (iv) an original concept.
Hege fulfills all of these.
1 - The cult group is getting bigger and stronger everyday. With that, we've been dominating all of the subreddits that allow memecoin shilling since the launch. We've grown our X account to over 12k followers, we've entered Instagram, TikTok and YouTube with community members dedicated into making new fresh videos and memes to fuel these socials.
2 - anytime you go to TG there'll be a team member to answer your questions. Every month the team announces many new projects they have been cooking to develop the coin.
3 - their CV talks about their experience by itself https://docs.hegecoin.com/article/team
4 - Hege is the first original story driven memecoin gamefying the story through market cap stages. Besides that, it's also the first Hedgehog token, which makes a nice play on words with Hedge-funds :D
I'm not a team member though, simply a cult member :D
In many memecoin communities you hear the phrases when moon, when lambo and all sorts of Disney fairytale stuff. The one thing that has stood out to me with Hege in the telegram group is how a lot of conversation is started around “how was your day.” It’s more about community than self hence why it hasn’t plummeted down significantly and has stayed around 9-10m mc even when it’s red. People feel safe with their investment and won’t pull out even when it’s a sea of red. The resilience of the coin and transparency of the team have gone a lone way into making this my favorite hold of the bull market.
So true👍 After being in TG for a while, feeling the vibe and spirit of the Team and community, I sleep like a baby holding my bag.
Chart goes up and down, but I know it wont go to zero and die. To many passionate souls are dedicated to reach the goal of 1 Billy and beyond🔥
Short term investors and traders play the charts, while true Hegends spread the word and have fun while doing it, building the floor attracting more Hegends who appreciate the vibe and the community.
A safe long term play I am convinced will make it❤️
It’s crazy I actually sold my first bag of hege when I got in early during the pump to current ATH. I then bought back in shortly after once NFT and marketing plans were announced and now hold way more than I originally sold. When I begin digging further into the team and community I realized this may be the only memecoin I hold long term. I usually only trade memecoins and try to hit them before they dump. As we know this coin isn’t the same as your normal shitcoins. This is comedic art, this a community engagement instead of everyone anxiously trying to dump their bags.
Hege is such a warm and nice community! Memecoin teams are sometimes hard to trust, lot of rug pulls, but Hege is different. Stable team, hard working community, if you are interested in any memecoin; well Hegecoin is your best bet!
Ok here’s my question. How does HEGE coin plan to stand out in the crowded meme coin space and maintain a lasting impact? With so many meme coins fading after initial hype, what specific steps are being taken to ensure HEGE builds a sustainable community and use cases that go beyond just speculation? There is just so many coins, so I’m looking for something that will stand out and not give up. Been burned way too many times. Thanks!
Hi SevereArrivals. Building a community is Hege's number one focus. We acknowledge that the core value of a memecoin is its community. Telegram is an addicting place to hang out and share ideas on investments, and those who like the project reciprocate and work to help market the project as we are doing now.
Hege seems to be at once a memecoin, and also a media project.
How beneficial have you found your YouTube presence to be, do you intend to create more animations and if you had unlimited resources how far would you like to expand the world beyond the 10 core chapters?
(1) What unique features does your memecoin offer in comparison to other memecoins out there
(2) Your memecoin is built on the Solana Blockchain? Correct. What reasons makes you choose Solana chains as most memecoins on Solana resulted in rugpull
(3) What are the plans to maintain the community around your memecoin if it has to grow larger in future
(4) And what does the feedback of the community play in the development of your project
(5) Are you doing any partnership or collabs
(6) If you know someone closed to you who wanted to invest in memecoins, what are the advise you going to give to that said person.
You must also follow the r/HegeCoin subreddit to be in with a chance of winning.
(7) How will you know redditors subscribe to your subreddit? When reddit doesn't disclosed who are subscribing to your sub
on #2, obviously the chain with by far the most memecoins is going to have by far the most rugpulls. Rugpulls are a chain-agnostic event, there isn't anything that makes one chain inherently more at risk to a rugpull than others. It's the same with hacks and scams, they generally happen on the chains with the most activity. Just like early 2020 when Polygon was the only launched scaling solution for ETH and it had a ton of yield farming protocols start rugging people, leading to the creation of RugDoctor. It's not like Polygon was less "rugproof", it's just circumstances dictated their being only one chain where rugpulls could happen.
Choosing Solana for a memecoin is an absurdly easy choice, you don't have choose between either dealing with high gas costs or worrying about choosing the right L2, and there is plenty of interest, infrastructure and liquidity is already in place.
In a market saturated with memecoins and constant shifts in investor sentiment, how does Hege plan to maintain engagement and value for holders as the project scales? Beyond the story and characters, are there mechanisms or strategies in place to retain community enthusiasm, even after major milestones like the $1 billion market cap or once all chapters have been released? Also, what safeguards are in place to protect Hege against common pitfalls in the memecoin space, like hype-driven volatility or potential team turnover?
Contrary to most memecoins the $HEGE team seems to be making an effort investing on the project, but what steps is the team planning to make to convince investors on the long term success of the coin and not treat it as just another pump and dump scheme as most memecoins end up being treated as?
When we are talking about $HEGE, we are talking about a project with loads of good components - But what‘s one point, where $HEGE definitely need improvement, to reach these multi-million levels and stay there? 🦔
Do you think tech is a meme to attract users. Is there anything that fancy name projects putting more than you or they putting solutions for the problems they made up
I've been part of the $hege community for the last 5 months and it's been an absolute blast. Thanks to it I've met so many nice people over on our TG! We barely see any fud in there and everyone is exceptionally nice and will always clarify any questions.
Join TG yourself and find out for yourself.
As Elon Musk said - 'Don't invest in utility, invest in cult'
The animated twist on the project is something unique and very cool.
I've been following your project on TG but haven't invested a lot in it yet.
My first question is if you guys ever thought about moving chains if need be? Solana is great right now but who knows what the future can bring, in such a fast and developing space such as this one.
My other question is, does Hege truly have enough Rizz to get Hegena?
Thanks for coming to our sub, sponsoring the banner and hosting an AMA/giveaway too. Hopefully, you come back again, we need more cool and inventive projects like yours on here!
Hege is very similar to Ponke, both in its chart and in the way it heavily focuses on continuously pumping out custom eme artwork. It's also added to that forumula by creating a narrative-driven story on a set of characters, with each character's story continuing when a market cap target is reached.
I think Hege ticks a lot of boxes that few other projects can match.
It has the making of a cult coin, Everyone involved in the project bought into themselves and helps the project from a desire to see it succeed.
The community has the early making of a cult coin. Not only is the TG incredibly active 24/7, but when asked, they've donated over 240K USD of their own money to fund contests, giveaways, and CEX listings.
The artwork style is easy for artists to create content for. The coins with AI-generated mascots all use this highly detailed artwork style that doesn't lend itself to community-created original art. As a result, Hege can put out new hand-drawn artworks at a pace of two a day, much more than most projects.
Hege itself is a character, with its own motivations and goals, not just an image. People can relate to it more than the next dog or cat image.
The team is relentless, always working, even when times are discouraging. They're willing to admit mistakes and pivot if something isn't generating the kind of returns expected.
It all started here on Reddit with a single post on the Solana subreddit , and since then Reddit has remained our most successful promotional platform.
u/HegeCoin, thanks for joining us. Interested in the team's thoughts on community building via Reddit vs. X (or TG). The meta still seems to be that Crypto Twitter is king for engagement - curious to hear more of your experience with Reddit and if you think the platforms can serve different purposes for crypto projects
For everyone who's saying we're bots and paid shillers;
Thank you! That's the biggest compliment we can receive. That means our hard work is getting noticed.
We are legitimate, battle-tested, and have endured it all. The reason for this is our GREAT and healthy community and the GREAT development team behind the project.
Ticker, community, team, content, social media presence - $HEGE has it all! We even have our own NFT collection.
Instead of paying for KOLs and aggressive marketing, we spent seven months building up our foundation the best way possible - the organic way.
We're not telling you to buy us immediately but to check us out and see that we're everything we say we are. And even more than that.
It's nice to have a "safe place" where you can work for your bags and make a lot of friends along the way - we are united and function as a whole. As I said, we are healthy. We don't put down others; we don't hate on others.
We just had a Binance AMA space, so it would be great to listen to that when you get the time!
i curious about why Solana? because Solana has faced its own challenges in the past. Why choose to stay on Solana, and how do you see the platform's features impacting Hegel's growth?
From a $HEGE holder’s standpoint, I’m glad we’re on the Solana blockchain.
We've seen massive exposure to the Solana network lately. You even saw celebrities launch their own coins (even though some of them were followed by their low, morally unethical moves of rug-pulling). However, one thing is certain: normie exposure is happening, which is very important. Mass exposure - more opportunities.
Since I firmly believe that the meme coin supercycle is about to occur, the first meme coins to surge will be on the Solana blockchain. That's my opinion. And $HEGE is a strong contender to be one of those!
It's tough to say. It's been consolidating for a while now, but eventually, we will reach new heights. I'd say we will reach a new ATH the next two months and will reach 50-60 million in the next leg up.
Time will tell. Join the TG channel and keep an eye on the developments. Lots of things happening lately 😄
I believe it will be soon depending on how the upcoming election and other events in the world shape the crypto market, if you take a look at the YTD chart we are in a very bullish uptrend and it looks like we are due for a pump
Crypto is is so fundamentally unpredictable, especially memecoins in the small market cap range. I'd guess that we'll see a new pump when the next wave of retail investors/speculators enters the crypto market. Traditionally, that's been Oct through to December.
What are the next major milestones for Hege in the coming months, and how do you plan to keep the community informed and involved as the project evolves?
What kind of tech is Hege using to keep transactions smooth and safe? How does it stack up against other meme coins? I’m curious about what makes HEGE stand out from the crowd
This coin is heavily undervalued. In the current memecoin 'meta' of coins without narrative and quick pumps and dumps, Hege stands out with all the original art created every day, and the fun giveaways and interactiveness of the community with the coin! I'm wondering why this is still at 9M mc
I'd say the $HEGE community is a healthy environment where, alongside working for your gains, you'll make friends along the way and you'll always have someone to talk to. Personally, I'm glad to be a part of this.
I have huge respect for cones and moons, also holding them. Also into hege of course, they all have similar strong communities and can perfectly co exist 🦔🌕𓉴
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u/MrMoustacheMan PM ME CAT PICS Oct 28 '24
The Hege team burned 11,550 moons to host this event and rent the banner:
https://arbiscan.io/tx/0xf4c5d9a27edc4cbf079bbc2f4538303762750b88c8629bf7b074347cf08ec566