Tofu will live another day 🥰 Over the past two months, a new meta of memecoins has emerged. Typical memecoins…
Tofu will live another day 🥰 Over the past two months, a new meta of memecoins has emerged. Typical memecoins are ephemeral ($BONSAI/$DEGEN is different) and last weeks or months, yet we still love to play these financial games in hopes of going to the moon. Unlonely's 30-minute token takes ephemerality to another level. Each time a new token goes live, it has 30 minutes to reach a certain price threshold; otherwise, all funds are sent to the streamer, and the token dies. That's actually analogous to most meme coins when the dev rugs, but here livestream participants have an actual impact on the outcome and are incentivised to buy to keep the token alive and their funds somewhat safe for the next 24 hours. Enjoying this new iteration of Unlonely and would love to see more people spinning up their 30 min tokens. Imagine projects reaching design decisions based on how long a token lives. Even better would be to have DAOs launch their 30 minute tokens to engage their members. If a token dies all money could be distributed as grants to promote their ecosystem- win win https://twitter.com/jakub_rusiecki/status/1778101355195863519