Consumer Crypto

token launchpads have rapidly evolved over the past year.

the first generation of these launchpads (eg pump) focused primarily on memes and demonstrated the massive market demand, generating ~$600M in revenue and creating 8.6B tokens created on Solana.

the second wave included protocols and platforms like @clanker (social-first token launchers), @virtuals (AI-agent tokens), and @flaunchgg (novel mechanics on uni v4), which collectively have expanded the design space for issuing tokens with more sophisticated mechanism designs. 

recent entrants like @yapster have introduced gamified social elements, while devfun and @ohara-ai are pioneering text-prompted mini-app creation with native tokens.

wrote more about the evolution of token launchpads and our investments here

wrote more about the evolution of token launchpads and our investments here

https://blog.strobe.fund/investing-in-dripster?referrer=0x3BD4c721C1b547Ea42F728B5a19eB6233803963E

investing + exploring things onchain @strobefund; prev @blocktower; big /snackcaster nf.td/winnie

dang you just taught me what a great investment thesis looks like