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Maretus
@maretus.eth
Back in May, it seemed like everyone was launching memecoins to take advantage of their personal brands. I never really liked this idea because it seemed very 0 sum. Enter Moxie. Now, instead of a shitcoin tied to your personal brand, you can launch a fan token that serves many of the same functions but has the added benefit of being developed by a world class team. On top of this, because of the mechanics of buy/burn, fan tokens always have a reserve of Moxie, making them essentially unruggable. If everyone holding my fan token sold today, there would still be millions of Moxie locked in the contract from previous buy and burns. Tell me how this isn’t a better solution.
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arob.base.eth🍖🎩
@arob1000
Exactly man, FT are so much better than shitcoins. I was hesitant to launch one cause I didn’t want my own coin, FT’s are different
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Maretus
@maretus.eth
Agreed. And I came close to launching a Maretus shitcoin. Glad I didn’t!
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arob.base.eth🍖🎩
@arob1000
😂 yeah that wouldn’t have ended well. /success coin could be cool still though but idk if it’s necessary
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Maretus
@maretus.eth
Yeah I don’t think it is. Fan tokens serve a better purpose and are developed far more thoughtfully than I could.
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arob.base.eth🍖🎩
@arob1000
Yeah, the no-rug aspect and FT floor makes it even better. I feel fine buying a new caster token even if I don’t know if they’re gonna be here for too long. So cool.
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