An interesting variation on a builder-oriented token launcher:

1. Launch token

2. Anyone can buy

3. No one can sell until X date years in the future

4. Founding team allocation has an additional X date + Y months after the unlock

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

This setup basically forces a community to think like long term investors, not traders. Wonder how it would affect initial pricing and liquidity, would bonding curves or auctions still make sense here?