SKYCASTLE pfp
SKYCASTLE
@skycastle
Today we introduce Skycastle, and our network token, $SKY. Skycastle is the tokenized incubator for the Base + Farcaster ecosystems. We help early builders become credible founders and unify our network under one token.
24 replies
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SKYCASTLE pfp
SKYCASTLE
@skycastle
We’re here because the token landscape is fractured. Thousands of micro-tokens launch each day, most underperform ETH, and nearly all fragment liquidity & communities. Too often, builders ship alone, with broken token models & poor distribution, while users burn time & capital rotating across narratives & chains. The result? Speculation without alignment, a liquidity carousel, and a dead end.
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SKYCASTLE pfp
SKYCASTLE
@skycastle
Skycastle unifies this chaos into a single, compounding network. We do this by incubating apps & taking a fixed 5% of supply to our treasury. We then defend that treasury with automated buybacks should our market price fall below our net asset value. By indexing builders under one roof, $SKY shares the network’s upside across every builder, Partner, Council member, and $SKY holder, while mitigating downside standalone risk.
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SKYCASTLE pfp
SKYCASTLE
@skycastle
Our network is anchored by 30 Partners bringing expertise across tokens, product, engineering, marketing, distribution, community & capital. Beyond that, we expand to a Council of 64, invited by Partners & aligned via shared incentives to broaden reach, perspective & support. Including our two founders & four senior advisors, the network extends 100 deep – all working for & committed to the success of your next project.
6 replies
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53 reactions