there are 25 clankers with a market cap of > $100K

out of 13,000

is that distribution really worth 60% of lifetime fees taken from the creator?

Building Larry, FOSS via @frames, @framesfun /open-frames to help decentralized social win. a16z CSX23. farcasterchannels.com farcaster.id

zora takes a 10% fee on free mints afaik - not sure how they split the fees after the token erc-20s

building @yup

try crossposting to farcaster and twitter at yup.io . join /yup

imo compared to pump and most 60/40 split is elite. zora charges fees on free mints

Developer/Builder.
Snob.
Fren.
Hodler.
Based mmfer.

We do some music enjoying. We play some basketball. We degen with the homies.

yesterday we had something like a total of 12 larrys actually launched, only 1 > 100k MC. We launched a new model yesterday, too early to evaluate that one. I think it's safe to assume the stats will be similarly low with Larry.

My point is that if the token launcher isn't attributable to success, perhaps you shouldn't be willing to give it most of the fees 🤷‍♂️

would be interesting to know of 13000 launches, how many times did the creator put any legitimate effort into marketing the token. how many dex screener banner purchases, telegram groups, follow up casts, etc

how many larrys are over 100k MC? and out of how many? genuine question

Crypto enthusiast, ethics, movies and photography.

Founder of /gentlemanswagers

yep but the token launcher controls 100% of the supply initially, so kinda hard for the creator to put up the LP?

The creator can also put in the LP, if they believe in the token. Then they get 100% of the 1% fee. 

I mean, the 60% is "taken" only from the 1% Uni fees on the initial LP that is put by clanker, right?

Yes creator cut should be more since they’re the one marketing and pushing it

Should probably have a decaying fee. With ease of launch, most of the “work” of the token increasing in value is done by the late community. 

It’s good to question this.

all the tokens are vapor, they're all going to zero eventually

it's a zero-sum money game, actually negative-sum given the fees you mention

i don't see a problem with this as long as participants realise what they're doing

In my opinion getting some money for a meme is better than getting no money

The harsch reality is that no one in crypto gives a fuck about how much fees something takes. 

Why would anyone care about the fee split when they are throwing money into a gambling machine that can 1kx your coin. 

Wanna vampire attack clanker? Offer incentives. This is solely what drove the open sea fees to zero. Nothing else.

@clanker launch Salty Larry with the ticker $salty and the following image

create autonomous memecoins for free, get rewarded for posting bangers

With Clank I dont miss the fun, with Larry I do :(