jason (w/acc)
@jasonkim.eth
Introducing precoin.fun — a premarket for creator memecoins. Excited to launch our latest Farcaster mini app on Base! @precoin lets anyone mint a "precoin" — a tradable ERC-20 memecoin representing early belief in a creator's potential to launch a real coin. A permissionless speculation market on social clout. Each precoin has its own liquidity pool and trades freely. If the creator later launches (e.g. on clanker), the ETH from the precoin pool buys the official coin onchain — and users can burn their precoin to claim the real coin. Anyone can scout and launch a precoin for any caster. Scouting = being the first $1000+ ETH into the LP. Scouts earn 10% of all trading fees on that precoin which can be burned to claim real coin if creator launches one. We’re testing 5 casters today: @ace @horsefacts.eth, @proxystudio.eth @igoryuzo.eth and will be expanding to every Farcaster user soon.
35 replies
93 recasts
150 reactions
Peter Kim
@peter
congrats on the launch!
0 reply
0 recast
1 reaction