Adam

@rhynotic

307 Following

1499 Followers

Adam pfp

i paid for farcaster pro my engagement better go up

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Adam pfp

Tbh unless you're taking this seriously, you're gonna constantly get bad fills and get fucked every launch

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Adam pfp

If you minted a @tokenworks NFT, make sure you join the Discord this weekend https://discord.com/invite/TokenWorks

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Adam pfp

Ridiculous - the issue with these "product tokens" is that they'll try to drum up any attention possible, positive or negative

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Adam pfp

I mean if you're 12 months post-token and you have no revenue, your product does not work and probably time to move on. Also who is going to buy tokens from said team in this scenario? And everyone who has ever bought your token IS THE additional outside capital. The token is not the product in your case

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Adam pfp

Okay now that they rebranded im back to posting regularly on farcaster

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Adam pfp

then they shouldn't have a token

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Adam pfp

⬆️ ⬆️ ⬆️

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Adam pfp

Where does any capital come from? Most of these product coins are counting their transaction fees as revenue. Why should someone get revenue from traders AND mint more tokens to dump on the market?

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Adam pfp

Disagree. If you need to increase supply to dump on the market I feel like the product doesn't work

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Dylan Abruscato pfp

Dylan Abruscato

@dylanabruscato

TokenWorks is probably the closest thing we’ve got to a crypto MSCHF. Every token drop is more fun and experimental than the last. And @rhynotic is a force. They’ve built three of the top ten v4 hooks across all chains, with zero funding. Easiest mint ever to support the studio.

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Adam pfp

More info on TokenWorks can be found at https://token.works

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Adam pfp

If you’re interested in supporting TokenWorks and trying out a new funding model, the TokenWorks NFT is mintable for the next 5 days 1e / 233 remaining Live at https://funding.works

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Adam pfp

Yep so it’s a factory contract, and I made each launch configurable (within reasonable bounds) 0.01e to 1e commitment 30 to 365 days vesting time 10 to 1000 token supply IMO this covers almost all cases

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Adam pfp

- on a contract level easier to have all vests start at the same time - allows the creator to find out if there is interest quickly I think leaving it open makes sense if there’s no rage-quit (ie, let the creator prove themselves first before committing funds) but this made more sense to me

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Adam pfp

I've released ~8 projects via TokenWorks since last summer. If you're interested in reading about each one: https://token.works/archive The latest project is funding.works, with its first campaign live. If you have any questions (ie. how it works, why you should mint, how you can launch your own), ask below!

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Zach pfp

Really like this funding mechanism. much better incentive alignment than meme coins. tldr: soul bound tokens, direct funding to creators, funds unlock over time, rage quit to retrieve pro-rata amt at any time. NFA, DYOR, but @rhynotic has been building really cool things. https://x.com/Rhynotic/status/1922044364575875530

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Adam pfp

I get 0 engagement on farcaster, so whenever I launch a new project I use @qrcoindotfun to spread the word on here

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