alex on Warpcast

alex pfp

@proxystudio.eth

Today I found out that some of our ecosystem devs are really slow at buying the bullish new /bolide clanker Had to execute txn for them May need to send some founders to trading school so they can learn how to make it all easier for users

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BrixBountyFarm 🎩 pfp

BrixBountyFarm 🎩

Im in an out tbh… not swimming in that pool at the moment. too salty. https://warpcast.com/brixbounty/0xcd195c32

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Nounish Prof ⌐◧-◧🎩 pfp

Nounish Prof ⌐◧-◧🎩

Question for @oxb or @proxystudio.eth — was it snipers or was there some preallocation too? Figured @bolide may want some for rewards.

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BrixBountyFarm 🎩 pfp

BrixBountyFarm 🎩

Thought so too, with such a heavy snipe, yet that top wallet sold 1B of the 20B they sniped A new wallet created yesterday, funded with 10K usd 2 hours ago. So I decided it’s not likely the team. too bad.

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alex pfp

@proxystudio.eth

They sold a few times, but nothing insane? I’ll look into it when out of this uber We can ask bolide about it too, but don’t see this as an inherently bad thing? Bracket had lots of supporters buying early. Before people complained about snipers and now other people are worried about a team maybe buying- when it’s a launch at a low market cap (the broad preferred style of launch users and teams prefer) we should always presume people will buy early, no? Buying early means buying supply more easily My personal preference is early buyers distribute large holdings a bit, self vest or just not sell much more than their entry right away. but that’s a vibe I like not a rule - free markets have their downsides (or their features people will perceive of negatively). Veil is another recent launch with “insider” snipe/exit I think was sort of fine (not a clanker) . That said happy to look into it ask around

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BrixBountyFarm 🎩 pfp

BrixBountyFarm 🎩

yeah - just not my style to support such a launch tbh - even the follow, set notifs ontweet/cast and then waiting 6-8 minutes to tweet/cast from actual account - I'll sit it out and root for the next project, just feels too much like "insider" universal basic income from my perspective. that's all right plenty of other teams to root for at the moment.

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alex pfp

@proxystudio.eth

Meh I don’t really interpret any of this the way you do - bolide launched a coin at 30k! Even assuming a snipe they launched it at 100k. This is an awesome way to launch, so easy for a team like this to do it the typical low float high fdv way we’ve seen before over and over Based that they did it differently

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alex pfp

@proxystudio.eth

One thing I’ve learned from watching 40k coins launch: literally none of this stuff matters at all

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𝑶𝒕𝒕𝒊🎩🌊 pfp

𝑶𝒕𝒕𝒊🎩🌊

One question though why didn’t they just launch from the actual bolide acct? Made it look weird another acct launching their token before the real account quoted minutes after. 8 minutes is a long time for snipers

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alex pfp

@proxystudio.eth

They were concerned about snipers. Launches are always trade offs, I don’t think people should be so concerned about this stuff, but clearly both teams and users think it’s super important! the biggest note from all this to me is: write a short, clear, specific guide on dos and do nots for teams (fwiw I said “you can use an alt and then announce from main right away”) Idk why the gap happened! Out of curiosity why does this cause concern for you? I’ll look at a bunch of these “bolide” coin launches but I’d guess some also got a lil volume

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BrixBountyFarm 🎩 pfp

BrixBountyFarm 🎩

I'm probably too naive carrying forth energy from IRL Yet if I'm a team that wants folks to try and use my trading app, then the magnify glass is going to be on anything they do launch wise. y'all have set it up so that prompter can set aside supply with a prebuy I thought, so I initially thought that was a team buy on the big wallet. If it is than SOP should be clear communication at launch - as in we control this wallet. the delay matters when you've told folks to turn on notifications. When the supply gets so heavily sniped it doesn't make me or others (judging from the reaction on X) keen to support. tbh I haven't tried bolide before today - the announcement earlier gave me a reason to check the app out, I spent a half hour to an hour while listening to a space this morning on it checking it out and cast my general thoughts on UX feedback. would have been keen to give it a proper shake. anyway I'll move on, don't need to spend more energy on this. appreciate your willingness to hear feedback.

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𝑶𝒕𝒕𝒊🎩🌊 pfp

𝑶𝒕𝒕𝒊🎩🌊

Causes concern because most people like me I’m really mindful of stuff I enter these days so not launching from the original account was a little skeptical for entry till they quoted.

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