💥 Just shipped a huge new experiment to the way Larry works, would appreciate a recast so that we can inform users 💥

1. No more 3 ETH min, *Every Larry launches an ERC-20*, provided at least one round participant
2. No more 3 ETH max
3. Neynar scores > 0.7 can now participate. That's 26K users
4. We have improved the LP position setup, tokens should be less volatile early

Shibli Inu

Here's why we did this.

1. No more 3 Eth min. 

We spoke to users and many with smaller followings couldn't raise rounds. They will go to another tool without this requirement and get sniped. We thought the 3 Eth min would filter for only quality tokens, and it does to some degree, but it mostly filters based on creator's distribution

IMHO, it (3 ETH min) could be a great motivation for users with smaller followings to spend a few days creating a presentation or packaging their idea in a way that makes it more appealing from an investor's perspective.

that sounds like a security and we can’t be launching those

The token launch process should fund project development, in my view.
✅ Have an idea -> Build something valuable -> Attract early believers -> Sell some tokens for development -> keep building.
❌ Have an idea -> Launch token with one buyer -> Buyer dumps it -> Another useless token on the blockchain.

they can do that after the token launches as well!