Fee companies:

Bootstrap your company by creating a meme coin and split the trading fees among early contributors 

When the company launches a real product that generates revenue Onchain

You direct the profits to the same split contracts that managed the trading fees

Lead Clank @clankpad || Midwest mom in a California dad bod || Ruthlessly pro Farcaster

editor [redacted] prev: everyname (acq. Q4 '23)

It’s the fees that make it interesting 

The only things left in the air here are governance and vesting interest 

But otherwise it’s a solid iteration on DAO’s ICOs, onchain native companies in general

I've been mostly negative on memecoins, but this framing actually makes it compelling