Unveiling BagSwap: A Playful Mark for Zenon’s Upcoming DEX on Supernova

We’re excited to introduce the new BagSwap brand mark—a design that’s more than just a visual symbol; it’s the emblem of an upcoming AZ proposal to build a quality decentralized exchange (DEX) on Zenon’s Supernova. This brand mark symbolizes the playful, rebellious, and unpredictable nature of the crypto world. It’s crafted to be a memorable symbol, perfectly positioned to fuel the creation of memes and creative content that resonate deeply within the crypto community.

A Brand Mark Born from the Degen Spirit

This brand mark features an upside-down paper bag, a playful and symbolic design that we believe will quickly become a recognizable meme. The design embodies the chaotic and rebellious spirit of the degen community—those who thrive on taking risks, chasing big wins, and navigating the ups and downs of the crypto world with a sense of humor.

The Paper Bag: A Symbol Rooted in Crypto Culture

In the crypto space, the concept of a bag carries significant meaning. Sometimes, holding a bag can signify an attachment to a project, even when it’s underperforming, while other times, it represents holding onto valuable assets that you believe in. The paper bag also ties into familiar crypto memes, like the idea of going back to work at McDonald’s during market downturns. Here, the iconic paper bag can even be imagined as a McDonald’s bag, symbolizing humility and resilience during tough times.

Whether it’s paper hands, diamond hands, or simply holding onto a bag, this brand mark speaks to the full spectrum of experiences within the crypto space. And for the degens—the risk-takers who dive into meme coins like Pepe and Doge, knowing full well they might lose everything—the upside-down paper bag is the perfect emblem of their bold and daring approach.

Unleashing the Creativity: Memes and Brand Guidelines

With such a rich cultural backdrop, it’s easy to see how the BagSwap brand mark could inspire a flood of memes and creative content. Whether it’s about “bagging” profits, flipping the market, or even poking fun at the ups and downs of crypto trading, the possibilities are endless. We encourage everyone in the community to let their imaginations run wild and use this brand mark to create engaging, funny, and impactful content that resonates with the crypto crowd.

To ensure that the brand mark and other visual elements are used consistently, our designer is currently working on a clear brand guideline. This guideline will cover everything from usage and color schemes to typography and more, providing a clear framework for how BagSwap’s branding should be applied across all platforms. This brand mark will also be part of a larger scope AZ proposal that we’re developing to further expand the BagSwap initiative within the Zenon ecosystem.

We will be releasing the brand mark for memes shortly!

Acquisition of BagSwap.com, .org, and .lol Domains

In line with our commitment to decentralization, we’ve acquired the BagSwap.com, .org, and .lol domains. These, along with the venture itself, will be transferred to a community member who will run the venture and manage the BagSwap interface, ensuring that control remains within the community and fostering a sense of ownership and involvement. At Zenon.Org, we see ourselves as nothing more than a spec of a particle in the Accelerator-Z program, where we guide products, brands, and MVPs through the funding lifecycle. But it’s the founders—once fueled by Accelerator-Z—who will truly unleash the potential of these ventures and shape the future of our ecosystem.

Developing a DEX on Supernova EVM

As we continue to develop BagSwap, we’re working on an AZ proposal for community funding to support the creation of a decentralized exchange (DEX) on Zenon Network’s Supernova EVM. This DEX will empower Zenon users to trade and provide liquidity in a secure and efficient manner while enhancing the overall utility of Zenon’s native assets.With the support of the community and a commitment to decentralization, BagSwap is poised to become a cornerstone of the Zenon ecosystem, offering users a seamless and secure platform for decentralized trading.

We’re excited to see how this upside-down bag will fuel creativity and innovation within the Zenon community. Let’s take this journey together and make BagSwap a defining part of our ecosystem!

P.S. As of the writing of this article, Zenon's wrapped token $wZNN is up 126%.