jason (w/acc) pfp
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.
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Ace pfp
Ace
@ace
got some @proxystudio.eth precoin!
3 replies
0 recast
15 reactions

max ↑ pfp
max ↑
@baseddesigner.eth
there's $proxy and $clanker already lol
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1 reaction

Ace pfp
Ace
@ace
I think it only applies to new launches from now on right? @jasonkim.eth
2 replies
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Brad Rumbl pfp
Brad Rumbl
@rumbl.eth
Ima grab me some ace https://media.tenor.com/JfAJQ8Pr4vEAAAAC/ride-the-croc
0 reply
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0 reaction