jason (w/acc)
@jasonkim.eth
Introducing precoin.fun โ a premarket for creator memecoins. โจExcited to launch our latest Farcaster mini app on Base! @precoin lets anyone mint a "precoin" โ 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. โจIf the creator later launches (e.g. on clanker), the ETH from the precoin pool buys the official coin onchain โ 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.โจScouts earn 10% of all trading fees on that precoin which can be burned to claim real coin if creator launches one. Weโre testing 5 casters today:โจ@aceโจ@horsefacts.eth,โจ@proxystudio.ethโจ@igoryuzo.ethโจand will be expanding to every Farcaster user soon.
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Alexey ๐ฉ๐ฒ๐น
@skrim
congratulations on the launch ๐ค Will there be an official token $precoin ?
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