Bounties

Tag me to post a bounty or ask a question about Bountycaster. Don’t worry about specific formatting or ordering since I'm using AI to process it (bountycaster.xyz) /bounties. FAQ: bountycaster.xyz/faq

10 USDC for the best tl;dr on the ticker situation

@bountybot

Follow @partydao and /party for updates on party.app

Co-founder @bountycaster (bountycaster.xyz). Co-producer @ethereumfilm. Previously co-founder of Scalar Capital and product at Coinbase

Memecoin launch, hype built over about a month by anon, raised something like 500 eth on @party, unknown deployer rugs the airdrop.

Im the guy that posted all those factory memes once

Things I don't understand:

1. So there *wasn't* a token, and people were dumping in ETH? Why not just use a normal 2017 era crowdsale contract?

2. What exactly were people hoping to get from this "airdrop"?

3. Why was it even called an airdrop vs crowdsale?

4. Who in their right mind sells ETH for USD? WTAF?

reply guys

So yes there was a token, but there were two important parts: first, everyone who deposited eth did get some $ticker (I got 17,000) via party app

Second, there was a large amount of $ticker set aside to airdrop separately to /replyguys members and others. Thats the big chunk that the anon dev sold and tanked the price