I had to pay to launch this coin (100 tokens @ 0.001 wETH to start off), I don’t have any hidden or ‘premined’ ICO stash 😂 I have to buy it at market value like anyone else now. This is all viewable on chain. It’s a show of faith in Farcaster more than anything else, so don’t go thinking/saying I’m a scam-artist.

I’m an artist and I think I could use it is as a way for people to unlock exclusive editions, get discounts etc. Incentivise collectors to pay me in RACH to grow the currency. Probably less fees/middlemen for me. 

I’m still working it out really! I feel like Farcaster is going to break out, the miniapps seem revolutionary to me. It’s a little bet on both myself and Farcaster I guess.

Oh I’ll have to look into that! I know about burning NFTs but I never knew what people meant by ‘you’ll need to burn X to get Y’

You can also implement burn-to-claim mechanics: introduce scarcity by allowing collectors to burn RACH in for exclusive pieces