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Think this is the big problem we've all rly been trying to solve tho - everything essentially boils down to that.
How do we design a TGE that doesn't result in pure rektals when the market is in such an extractive state?
Any launches I work on tend to almost be cloak-and-dagger to cut out mass extraction. BasedPepe for example, basically play dumb and silently blacklist any early snipes, returning them their ETH.
(granted, you don't need to return their ETH. But I figure the good karma might come back to you)
This locked up about 7% of the supply, and it managed to run because it then got too expensive to take a controlling stake in the supply - while also being "yet another base meme" at launch so it didn't attract the usual extractors as they all expected another instant nuke to zero.
Following that, we'd already ensured that a lot of early buyers were from communities which we knew were very much of the "hold it til valhalla" variety.
Problem is, all that stuff can't be automated. Even with all those efforts, it just so happened the market was going to turn super bullish for a few weeks. The downfall still eventually came - granted, community's stronk and the "bottom" is still 8 figures.
Every automated system or launchpad I've seen tends to essentially get solved for extraction. It all feels a bit like a yield farming moment where people suddenly realise they're the yield.
The ones that succeed almost tend to be the ones that launch so silently and with so little hope for them, that even extractors don't bother with them.. so, they wind up climbing. 0 reply
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