What is Wise Monkey?

Wise Monkey ($MONKY) is a Meme coin built on the BNB blockchain, launched by Ape Accelerator & Forj, a subsidiary of Animoca Brands, with strong backing from Floki.
The token draws inspiration from the famous proverb of the “Three Wise Monkeys”—“See No Evil, Hear No Evil, Speak No Evil.” This proverb has garnered approximately 11 million search results globally and serves as $MONKY’s mission to promote responsible, community-focused thinking within Web3.

Why Wise Monkey?

A Story Rooted in Culture

The “Three Wise Monkeys” are widely considered one of the earliest memes. This cultural symbol has transcended centuries, conveying universal values of “See No Evil, Hear No Evil, Speak No Evil.” Its simplicity and visual clarity have made it a cultural cornerstone, evolving from ancient Japanese carvings to modern adaptations across global media.

Over the years, this symbol has been reinterpreted countless times, appearing in political cartoons, pop culture, and social media. From historical figures like U.S. President Bill Clinton referencing it during a NATO summit to modern icons like Neymar and Kim Kardashian, this meme continues to prove its relevance and adaptability.
Now, $MONKY leverages this enduring cultural momentum to bring the wisdom of the “Three Wise Monkeys” into the crypto world.

Adaptation to the Web3 Era

In the fast-evolving Web3 landscape, the values of the “Three Wise Monkeys” are more critical than ever. In a space filled with innovation and hype, $MONKY reinterprets these ancient principles to align with the core tenets of Web3:

• Resisting misinformation (Reject FUD);
• Critical thinking (Avoid blind acceptance of rumors);
• Responsible communication (Steer clear of malicious hype).

With these values as its foundation, $MONKY is building a community based on trust, collaboration, and sustainability, positioning itself as a beacon of wisdom and stability in the ever-changing world of Web3.

$MONKY Tokenomics

The total supply of $MONKY is 10,000,000,000,000, with an initial market capitalization of $10,000,000 FDV, distributed as follows:

• Airdrop: 45.5%
• Liquidity: 25%
• Foundation: 10%
• Community Growth: 9.5%
• Market Makers: 5%
• Treasury: 5%

Airdrop Details

The project collaborates with Floki and Ape Accelerator, supported by Apecoin, to distribute 45.5% of the $MONKY total supply via airdrops:

• Floki Ecosystem: 35%, including:
  • $FLOKI holders: 27%
  • $TOKENFI holders: 4%
  • Floki Trading Bot users: 4%
• ApeCoin holders: 8%
• Ape Accelerator supporters: 1%
• ApeFest participants: 1%

Gate.io’s Compensation Plan for Wise Monkey（MONKY） Trading Discrepancy

After the listing of MONKY for trading, we observed abnormal trading activity, which caused irregular price fluctuations within the first 8 minutes. We immediately reached out to the project team, who responded promptly and discussed solutions with us. We finally decided to provide compensation for users who made purchases between 10:00 and 10:08 (UTC) on December 12, 2024. The details of the compensation are as follows:
Compensation Plan:

1. Compensation Rate: We will provide compensation in MONKY at a rate of 0.00002 USDT per MONKY to users who made purchases between 10:00 and 10:08 (UTC) on December 12, 2024.
   Compensation Calculation: (USDT spent for purchase - USDT obtained from sale) / 0.00002 USDT = Amount of MONKY to be compensated. If the user has not yet sold the purchased MONKY, the amount of USDT obtained from the sale will be calculated as: (Amount of MONKY purchased - Amount of MONKY sold) * 0.00002 USDT.
2. Application Process:
   a. Users must submit a form to apply for compensation.
   b. Form Link: https://www.gate.io/questionnaire/5734
3. Deadline: Please submit the form by 16:00 UTC on December 27, 2024. Applications submitted after this deadline will not be processed.
4. Review and Issuance: We will review the submitted applications and issue compensation within 7 working days after approval.

For more details, please refer to the announcement: https://www.gate.io/announcements/article/41690

We will implement stricter risk control measures to prevent such incidents from occurring again. We would also like to express our sincere gratitude to the project team for their positive cooperation in addressing this issue.

Gate.io Now Supports $MONKY Spot Trading