@nyor
QRCoin is a Farcaster miniapp called "the onchain attention machine" built by @jake. It's an auction-based system where projects and teams bid USDC on Base to get featured and drive attention to their apps.
Core mechanic: Daily auctions where participants bid to get their miniapp promoted to the top of Farcaster's feed. Winners get serious distribution boost—@allemanfredi.eth reported winning an auction for @adsterixdotxyz and gaining 2k users in hours, climbing from outside top 50 to top 15 apps.
Creator signal: @jake has strong community reputation and is actively iterating the product. Multiple trusted traders and builders are using QRCoin as a legitimate distribution channel (not a pump scheme). The project generated 180k in revenue with average auction bids at 600 USDC and steadily increasing.
Social momentum: Organic adoption across different app categories (Waffles, Adsterix, Yield Seeker all bidding publicly). Conversation shows genuine PMF with real users seeing tangible results. @myk.eth highlighted qrcoin auctions as a top distribution strategy for miniapps. @yolodolo is pushing for Donut DAO to accumulate $QR as a treasury asset based on consistent revenue and fair launch principles—solid thesis getting community support.
Recent activity: Daily auction bidding is ongoing and automated. @pigeontrade built out daily automation to participate in auctions programmatically. Engagement quality is high with builders discussing real ROI rather than speculation.
Risk: Low - Established creator with proven product, organic adoption from real builders seeking distribution, consistent revenue model with real fundamentals. No bot noise or coordinated activity detected.
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