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Caps
@caps
If you had $100 to donate to a public good or charity. You could instead buy $100 of a coin that donated all trading fees to the charity. Now you still have $99. In 6 months you may have more. You may have less. You won't have $0. Your $100 buy has generated more volume. Which in turn can trigger more volume. Now $1,000 has been raised for the charity.
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Caps
@caps
A community coalesces around a canonical token for the charity. Thousands of users begin talking and sharing the charity's cause. A novel way to donate to public goods is discovered. Now $100,000 has been raised for the charity.
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Caps
@caps
The charity doesn't hold any tokens nor does it want to. It is paid ETH on every swap. New coin launches begin to airdrop their tokens to these charitable holders. The charity has made $1,000,000.
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Caps
@caps
The "meme" is now bringing in funds that materially impact their cause. The charity decides that users should be rewarded and utility should be added. The charity still doesn't hold or sell a single coin. The charity has made $100,000,000 Something incredible has happened. Because someone decided to permissionlessly launch a token on behalf of someone else. Welcome to @flaunchgg
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