Read this first
Risks
Meme coins can go to zero with no warning. There is no insurance, no compensation scheme, and no recourse. Read this page in full before participating, and never spend more than you are willing to lose entirely.
We're publishing this page so you can read it cold and decide for yourself. Here's what to know.
What this page is
A plain-English summary of the things that can go wrong when participating in any meme-coin community on Solana. It is not a complete legal document. It is not regulated financial advice. If you need advice, speak to a regulated financial adviser in your jurisdiction.
You can lose everything
- Meme-coin prices can move tens of percent in minutes, in either direction.
- The token may go to zero, permanently, with no warning.
- There is no guarantee of liquidity. You may not be able to sell when you want.
- There is no insurance, no compensation scheme, and no recourse.
Platform & technology risk
- The token is launched on a third-party platform (pump.fun) that we do not control.
- Pump.fun's rules, fee schedule, graduation behaviour, and post-graduation venue (PumpSwap) can change at any time and have changed in the past. Decisions made by Pump.fun are entirely out of our control.
- Solana itself can experience downtime, congestion, or transaction failures.
- Wallets can be drained by user error, by phishing sites, by malicious browser extensions, or by signing a transaction you didn't read.
Scams that target meme-coin communities
We will never:
- DM you first on any platform.
- Ask you to "verify your wallet" on any external site.
- Give out a "presale", "private allocation", or "early access" link.
- Run a giveaway that requires you to send tokens or sign a transaction first.
- Operate any account on X other than @DROPGOATnow. Anything else is an impersonator.
Founder bag & voluntary lock
The dropgoatfather will buy approximately 7.5 % of supply (~75 million tokens) at launch — from the public pump.fun bonding curve, with personal funds, at the same on-chain price as the first public buyers in that block. There is no pre-mint, no private allocation, no off-platform deal, and no hidden snipe.
That bag is voluntarily held with no public sales for 90 days after the token graduates from the bonding curve. Voluntary means voluntary: there is no on-chain time-lock contract enforcing it. The lock is honoured by the dropgoatfather as a credibility commitment, and any breach would be visible on-chain to anyone watching the wallet. The treasury page lists the wallet so you can audit it directly.
Total supply is fixed at 1,000,000,000 tokens (forced by pump.fun). Mint authority and freeze authority are renounced at deploy — no future inflation is possible and no holder can ever be blacklisted or frozen.
Regulation
- DROPGOAT is not authorised by any financial regulator
- Nothing on this site is a financial promotion or investment advice.
- If you are in a jurisdiction where buying meme coins is restricted or illegal, do not participate.
If anything in this page is unclear
Don't participate. Walk away. The joke is funnier from the side-lines anyway.