We've decided to believe in something.

The creator should take home more than the platform.

If you launch on Larry, you take home 60% of LP fees.

It's retroactive.

I'm not saying the memecoins are going to zero, i'm saying the platform fee is a race to zero, as new platforms will keep undercutting eachother on fees to be competitive

You saw this in 2021 with NFT platforms, now you will see it with memecoin platforms

But the market is not efficient and plenty of money to be made in the mean time

Unlearning. Full time product manager. Part time builder/tinkerer on farcaster. Bots: @nftsoffc.

technically yes, they cannot do much 

but big creators will find it problematic. unless clanker is providing them more value, they will try to find ways. 

publicly abandon and airdrop on another contract  after a snapshot etc.- not really sure how it works though...

Well, a coin launched with clanker that becomes big can't really fork itself away from the clanker fee model. So there's not really much actionable wrt wanting to be better off by themselves - decision can only happen at coin creation

this particularly will be a problem for meme coins that become bigger. they would then start feeling like they are better off by themselves.

differentiating factor for clanker right now is proxy's marketing which is driving attention to some of these coins

Comparing to the race to zero that NFT marketplaces experienced where there was virtually zero value-add. Though token tech is increasingly a commodity, it's worth mentioning that each launcher offers dif specs, compared to the 0 differentiation of those markets. Soon bots will let you create a token with your own specs. Differentiator will be support after the launch

Ya sure. Race to zero on platform fees is what I meant. Good thing for users.

Flip it - in this case it's a race to 100 in favor of the creator. This is long-term optimal. End of the day tech is a commodity and brand, like always, is the moat.

Senior prompt engineer. Shipped on farcaster: @larrybot, @qdau, @frames, @framesfun, /open-frames, farcasterchannels.com, farcaster.id, @mod, @search, @discove

differentiated products still need a moat

race to zero is a market mechanic you have to actively defend against

only if products are undifferentiated; products have differentiated trust, distribution and mechanisms atm

Like gas, protocol fees for token launch will go to 0 — or the minimum cost requirement for security + stack

Related https://warpcast.com/rafa/0x66139852