Clankers

so what happened is there was a private sale to raise initial capital for future investments

there's always going to be some sort of early entry in a TGE. it's generally early bidders, but with a presale it's the ones who get an entry into the round

we saw this with clanker presales in v3, they were public and anyone could join, which resulted in lots of the participants exiting shortly after launch since they got in at the best price

I think Luc innovated here by running a private presale, basically allowlisting early entrants

honestly a smart move to stiffen up the bottom of the chart, whereas if it were public maybe those entrants could have wrecked the chart

we'll see how it plays out but I like the creativity!

it's fine to do a presale but you gotta tell people you did that *before* you release the coin into the wild

internet rabbit • comms @ /splits • https://www.sonyasupposedly.com/

Yup or even as a comment cast within minutes.

I personally think the hardest part for me to grasp is the ticker…

Fine with presales, just disclose details - specifically price received etc.

I’ve been pretty intrerested in auto trading through my time in the Dither community on Solana, would definitely be excited to support the experiment, unfortunately for me the drama left a sour taste so I guess I’ll just watch from afar.

he could have disclosed in the launch cast, that would be good enough IMO

i don’t understand this bc wouldn’t a pre announcement cause lots of sniper activity immediately on launch? isn’t that bad?

They should have just released tokenomics and be done with it

yes, this is on us too! should've advised to do so