jason (w/acc)
@jasonkim.eth
Introducing precoin.fun β a premarket for creator memecoins. β¨Excited to launch our latest Farcaster mini app on Base! @precoin lets anyone mint a "precoin" β a tradable ERC-20 memecoin representing early belief in a creator's potential to launch a real coin. A permissionless speculation market on social clout. Each precoin has its own liquidity pool and trades freely. β¨If the creator later launches (e.g. on clanker), the ETH from the precoin pool buys the official coin onchain β and users can burn their precoin to claim the real coin. Anyone can scout and launch a precoin for any caster. Scouting = being the first $1000+ ETH into the LP.β¨Scouts earn 10% of all trading fees on that precoin which can be burned to claim real coin if creator launches one. Weβre testing 5 casters today:β¨@aceβ¨@horsefacts.eth,β¨@proxystudio.ethβ¨@igoryuzo.ethβ¨and will be expanding to every Farcaster user soon.
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artlu π©
@artlu
π§ π + smart contract π€ incentives alignment π π π this is marginal innovation, expanding the users' possibilities. not just copy-pasting a playbook and thinking it's different because it's different. Excited to see if this takes
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