@dwr on Farcaster: "The Clanker Presale sold out i..."

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The Clanker Presale sold out in less than 30 seconds. Congrats to the @farhouse team! - The primary goal: the team gets all the presale ETH - The token is now liquid, but anyone participating in the presale are locked up for the next 7 days. - We are planning to do an allowlist for the next presale. And we have future changes planned to the onchain presale mechanism. - Disappointing that more people couldn't participate, but optimistic we will improve for the next one. Step by step!

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LMFAO bro dan you know one guy sniped 16E right??? nobody could get in

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And they are locked up for the next 7 days.

1. You can't refund a presale. Token has to be deployed. It's encoded in the smart contract. 2. Anyone buying in the presale has to wait 7 days before access to the token. 3. Team got 100% of the presale ETH (the purpose of the presale) 4. We've already said the next one will have an allowlist and we have future ite

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can't wait to see the chart in 7 days when the 16E guy dumps it

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it’s AMAZING free fees for the owner of the coin, if it was your coin you were getting fees on you’d be happy about it

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lmao what the fuck you’re doubling down on this

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No doubling down. Just explaining what happened and what we plan to do next.

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Can we still apply for our project to be linked with Clanker

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“First presale on clanker”

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Presale with the built-in mechanism*

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POST CA

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???

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What's the question?

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You know someone sniped the supply right? You know that after 7 days, the project might be heavily affected by the snipping? Instead of refunding and rerunning the presale, why continue to launch it? 🤔

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1. You can't refund a presale. Token has to be deployed. It's encoded in the smart contract. 2. Anyone buying in the presale has to wait 7 days before access to the token. 3. Team got 100% of the presale ETH (the purpose of the presale) 4. We've already said the next one will have an allowlist and we have future iterations planned.

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Very excited to see how this evolves. Allowlists could be super powerful both for team getting aligned investors, and for attracting people to Farcaster for big wins.

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How about: - FID + Neynar score allowlist. - Dynamic per-wallet cap that tightens as more people get in. - Realtime bubble maps on the allowlist graph to detect obvious clusters. Maybe limit 1 buy x cluster.

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> anyone participating in the presale are locked up for the next 7 days areyousureaboutthat.gif

Address: 0xc39ad2ee...6f491316c | BaseScan

basescan.org

Address: 0xc39ad2ee...6f491316c | BaseScan

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that was a market buy

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curious about this structure: presale raise 20e ($3k) = $60K sold for 10% implied mcap is $600k; but tge happens at $100k, shouldn't this be $600k as well? (i am most probably missing something)

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not missing anything. TGE should happen at minimum in the implied mcap of the presale.

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this totally defeats the point of presale by basically handing out supply to just one guy, making even buying the token on the liquid market far less attractive it's more than 'disappointing' this was a total failure

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yeah, skill issue, gg to the sniper

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Yeah disappointed miss this, maybe have it over several days to allow people to bid, use on-chain analytics to allow 1 per person account

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whoever advising you on these token stuffs, FIRE THEM ASAP

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must be the gummy bear zinger

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lol

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what a shit show, no real users got in.

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