Degen

Introducing $ELLEN: A Celebrity Onboarding Scenecoin of Farcaster

In this thread, I’ll detail the thinking behind $ELLEN, a Degen L3 token that was launched out of a cast in the /degen channel. (🔗 in 🧵)

Disclaimer: None of this is financial advice. 

(1/12)

every time I type '@degen' on X, Ellen Degeneres pops up first

there's a memecoin in that

First - how did $ELLEN come to be? 

2 days ago I put out this cast in the /degen channel about how every time I type ‘@degen’ on X, Ellen Degeneres pops up. 

https://warpcast.com/brykayne/0xc7d8406e

(2/12)

Artist, Director, Degen. AOTM Gallery /glitch /digital-art /video-art /jake

/bry building /onshelf • /degendao grants • Product builder • ex-SuperRare • ex-Peloton • DeadHead 🌹⚡️💀

MintClub

Well, why not…

Introducing $ELLEN Degenerate 
on /DEGEN L3

Max Supply: 1 million ELLEN (lol)
Current price step: 0.24421 $DEGEN
Max price step: 1 $DEGEN

Note: Minting at your own risk. Not financial advice. I have never launched a token before. 

Mint Link: https://mint.club/token/degen/ELLEN

So I did what Degens do, I created a /mintclub token called $ELLEN Degenerate 

The mint sold out in a few hours. 

https://warpcast.com/brykayne/0x165c3a03

(3/12)

proxyswap

proxy studio

The Haberdashery

$ELLEN LP on /proxyswap is Live!

About an hour ago, I locked 183,530 $ELLEN tokens by seeding an LP on ProxySwap. The /mintclub LP will act as a backstop below the 1 $DEGEN / $ELLEN price. 

Follow /ellen for updates. 🔈 

👇🧵(1/2)

Then I seeded a /proxyswap LP and locked up tokens for communities like /openventures and /degendao. 

I left myself very few tokens. Something like 20,000 after 2 lockup periods. Transparency thread with a summary of transactions and lockups will follow.

https://warpcast.com/brykayne/0x798250ed

(4/12)

Ok, now, let’s have a little fun 👏 todaaay 👏

Growing up, I was a big Ellen Degeneres fan. I remember coming home from school and watching Ellen on the couch with my mom. Ellen's clean, observational humor was my inspiration for attempting standup comedy. 🎤

(5/12)

And then I thought- why isn’t Ellen on Farcaster? Why aren’t other celebrities on Farcaster? We’re up to some great things here. The product is gaining traction, UX removes most references to crypto. I think we're ready. 

Why not?

Enter $ELLEN: the celebrity onboarding token of Farcaster 

(6/12)

Last post for the night on $ELLEN

I have locked up 12,658 $ELLEN unlockable on January 26th, 2025: Ellen Degeneres’s 67th birthday. 

More on this tomorrow. 

Mint.club link: https://mint.club/token/degen/ELLEN

Our number 1 priority: 

Onboard Ellen Degeneres to Farcaster by her 67th birthday on January 26th, 2025. 

I have locked up 12,658 $ELLEN in /mintclub which is unlockable by Ellen on her birthday.

https://warpcast.com/brykayne/0x0a455b7e

(7/12)

While (and after) onboarding Ellen to Farcaster, this token and community will be used to onboard a handful of other celebrities to Farcaster. 

How will we achieve this? 👇

(8/12)

Truthfully, I don't yet know. We have to figure this out together.

But I'd imagine it's some combination of: Connection & Six Degrees of Separation, Education / ELI5'ing blockchain tech and the benefits of Farcaster to social influencers, and building incredibly easy products to use. 

(9/12)

Given $ELLEN just launched (out of a meme cast lol) we’re grassroots forming the team and community now. 

If this vision and subject matter is interesting and you have any relatable experience, reply to this specific cast or shoot a dm. 

(10/12)

One more thing... 

My intentions in launching $ELLEN are pure and honest, I believe we need bigger accounts in Farcaster to help the product scale. 

Bigger accounts = more Farcaster DAU.

(11/12)

$ELLEN

Because my intentions are pure, I won’t tolerate slander, negativity, prejudice, hate talk, etc. towards Ellen or any other celebrity. 

We aren’t going to onboard Ellen or any other celebrity to Farcaster through negativity.

Stay tuned for more updates in /ellen - This is the final cast in thread 💙

(12/12)

Worst idea ever.  Ellen should be in jail.


Ps: You can’t even count.