@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
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