Goofycrisp is the creator of Snek, a deflationary memecoin launched on Cardano. ^[1]

Overview

Goofycrisp is a Cardano community member, who was later joined by MasterofC from the Chilled Kongs Team and JSHy, a software engineer on the jpg.store team in the development of Snek.

In September 2023, Goofycrisp announced on his X (formerly known as Twitter) account that he had fully left his Web2 job to focus on the memecoin project. ^[2]

"I will be 100% focussing on building @snekcoinada and making sure $SNEK becomes and stays a household name not only on #Cardano but in the broader memecoin space. Been excited about this day for a while, it will be fun" - creator of Snek tweeted. ^[2]

Snek

Snek is a fair launched and decentralized memecoin on Cardano. The project's objective is to align with the popularity of meme-based cryptocurrencies such as Pepe, Bonk, Shiba Inu, and Dogecoin, intending to establish itself among the leading meme-based cryptocurrencies. The SNEK community aims to explore the potential of memecoins within and beyond the Cardano ecosystem, with a vision for SNEK to become a recognized currency for meme creators globally.^[3]

The total $SNEK supply is 76,715,880,000 tokens and the presale took place on April 27, 2023. As a deflationary memecoin, SNEK features multiple burning mechanisms in which some tokens are removed from circulation at regular intervals, increasing buying pressure and sustainably decreasing supply. ^[4]

On February 5, 2024, Goofycrisp introduced an upgrade to the branding upgrade for Snek, its ecosystem, and the $SNEK token. ^[5]

"In order to continue to grow as community, as a token, and as a project, $Snek needed a brand identity suited to its ambitions while maintaining its historical relevance (the $SNEK token) Something that will represent Snek's values : Community, Innovation, Fun, Creativity" - Goofycrisp tweeted.^[5]

The brand upgrade included a new SNEK icon, a change in the website typography, and an overall interface revamp. ^[5]