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timdaub pfp
timdaub
@timdaub.eth
Launching $KIWI, the original Farcaster meme coin - contracts by Zora (safe) - Treasury is 100% usable by Kiwi community - Might ship features frequently. No promise. Enjoy! https://news.kiwistand.com/memecoin
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noddytheboy pfp
noddytheboy
@noddytheboy
lol why 1 token supply seems too big
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timdaub pfp
timdaub
@timdaub.eth
1 $kiwi = 1 vote
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@nonefungible
agree price vs supply seems too large, so if it mints out you would have $40B?
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timdaub pfp
timdaub
@timdaub.eth
yes we‘re not going to sell out but it was because of 8B humans
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@nonefungible
could be wrong but the high price for just one $kiwi was a design flaw
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timdaub pfp
timdaub
@timdaub.eth
how much would be better price?
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@nonefungible
ideally, you want minters to have a large number of tokens in the beginning, there is no set formula, it could be 1M or 1B for the same amount you set for 1 $kiwi. You need to balance fully minting out, the amount you want to raise & how decentralized you want the holder base to be
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