jason (w/acc)
@jasonkim.eth
Quick retro on today's first @precoin -> coin launch. This didn't really go amazing and I apologize - we're making a lot of changes to refine the idea: 1. We built precoin because we wanted a tool/way for people to speculate on someone launching a coin before it launches 2. Pre_phil started because we saw on the timeline that phil was gonna launch a clanker (phil has no affiliation precoin is permissionless) 3. People put money (with my cofounder boro having a $45K stake/ the largest on farcaster) into pre_phil to get access to $w (phil's launch) 4. Precoin worked as designed and our system automatically bought $w as soon as it launched (4th block, 7 seconds post launch) 5. However we were the 13th transaction and it got sniped 12 times before we market bought š
11 replies
6 recasts
30 reactions
Ace
@ace
experiments come with risk fs! learned through you guys though I lost some money - but it's nobody's fault but mine. y'all handled the communication really well. learning from many angles. sending love and respect to you and @farcasteradmin.eth
0 reply
1 recast
11 reactions
