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

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

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

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

DJ / Producer from London. Dad Joker. Sorare player. Manager name: Stish

didn't realize THE Plastician is on farcaster - very cool! lol, thanks for the tunes

that's a bummer about getting sniped. that was on a clanker launch? what's the token?

I did one, spent out on dexscreener and then went on to buy my token as i couldn't buy during mint (to my knowledge) I got dumped on by sniper bots. Lost 3k very quickly!! Hard but important lesson learnt.

if you could prove the token launcher has no correlation to the early and/or eventual success of the token, then it seems logical to use a launcher that gives you a bigger cut of the fees, all else being equal.

so it appears:
1) the aforementioned lack of correlation has not been proven, convincingly
2) not all else is equal, or seen as equal
3) people are not acting logically

probably a combo of all three to a certain extent

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 🤷‍♂️