Heeshilio Frost (@heesh) on Farcaster

1/ Seeing a lot of discussion about creator coins lately. Great time to talk more about Stickr and what's coming. Different model than most of what's being discussed. Here's how it works and why 🧵

vitalik.eth

@VitalikButerin

How I would do creator coins We've seen about 10 years of people trying to do content incentivization in crypto, from early-stage platforms like Bihu and Steemit, to BitClout in 2021, to Zora, to tipping features inside of decentralized social, and more. So far, I think we have

1/ A lil update on the next product from GlazeCorp: Farplace. A launchpad on Base where tokens are mined, not bought. No bundlers. No presales. No dev dumps. Choose a mining mechanism, set your parameters, launch a coin. Different ways to mine, new mechanisms added over time. Here's how it works 🧵

seeing tokens pump on base again is a great feeling, it brings more users over, people make money (hopefully), and all the projects on the chain benefit from the wealth effect

13d

Noticed state was updating really slow on Franchise miniapp, just pushed a fix should make it update much faster. Meanwhile still working on the launchpad with multiple miners, gonna be starting with the 3 mining mechanisms linked below. Choose the mining mechanism, set the parameters, launch a coin. One miniapp, di...

19d

And what if we called it DonutDAO?

19d

How about a hedge fund DAO where token holders vote to signal which assets the treasury should accumulate with its revenue

Mining memes is the way

sovereignllama

Awesome. Franchise has got to catch on. Mining memes is actually kind fun

Pushed a new design update to Franchise by GlazeCorp Gonna be adding some interesting features down the line like: - multislot mining - random mining rate multipliers - super configurable - bunch of other stuff

Bundled bonding curve launches are figured out the trenches need a new game

21d

The problem with bags is some bundler creates a token for a dev, the dev earns fees but the bundler has all the tokens and can dump em. If it was a mining token then there would be no bundler, the dev would earn their fees. And ppl that want the token mine it, no bundling n dumping.

21d

I still believe mining is the fairest form of token distribution

DONUT

$DONUT will become an index of the best assets on base Curated by $DONUT holders themselves

$DONUT

$342 6h vol

$348K

0.81%

DONUT

What happens when $DONUT price goes up? -> more revenue -> more base-eco coins being bought everyday -> structural bid on base ecosystem The flywheel base eco needs

slowly becoming the index of base. What other coins do we need to get there? $CLANKER? $VIRTUALS?

$DONUT

$342 6h vol

$348K

0.81%

slowly becoming the index of base. What other coins do we need to get there? $CLANKER? $VIRTUALS?

sovereignllama

donut

Connects us with Base core for sure, and if we get enough aero it gives the DonutDAO real power/influence in Base.