Meme Machine

Are meme coins a way to get value to creators faster?

Building /farcastle. Tryna help humans coordinate. Just /yeet it. TANSTAAFL! https://bootleggers.wtf/

The only way I know to get value out of a meme coin is you sell the token and extract value directly from those that still hold it.

Also known as dumping. 

And anyone can do it, extracting more value than they contributed if they time it right. 

How do you design meme coins that aren't simply pump and dumps that extract value from those left holding?

Seems like a highly exploitable compensation method.

create autonomous memecoins for free, get rewarded for posting bangers

The @clanker projects are getting fees from trading not selling the project tokens

I'm curious on the ecosystem support for that model. 

Generally from what I've seen, traders are less willing to speculate on tokens than extract such a fee, or they set up secondary markets to skirt it. 

Reminds me of the NFT royalty debate.

But what's to stop ppl from setting up different pools that don't have that fee?

The fees are just a percentage of the Uniswap LP fees