First TGC on @feyprotocol filled in a minute!
Lidfid used TGCs to whitelist their community for this raise, and their token will deploy on Clanker tomorrow, before any sniper can touch their token
This is the power of TGCs - ground floor access to your token for your community
The time has come! - LiqFID TGC on @feyprotocol 🗝️
We’re choosing the fairest possible approach for launching our token and platform: putting the supply directly in the hands of the community.
Users who helped form the initial community can claim guaranteed waitlist spots for our upcoming TGC on Fey Protocol.
CLAIM IT NOW: https://t.co/QDhL3YFGjD
Public - Phase 2 opens only if spots remain. Users who didn’t participate in the pre-launch campaign may join then.
allowing tokens launching on Clanker, Virtuals, Zora to use Fey's Token Generation Ceremony's (TGCs) is using @cdixon's "come for the tool, stay for the network" strategy
bootstrapping an early network requires a lot of energy, and many people would prefer to wait for critical mass before joining (as is true for most things, which is why early adopters are usually the smallest slice of the population)
to combat this, we are giving people the tools that @feyprotocol is pioneering and making them easy to use it on whichever launchpad they want - clanker, virtuals zora)
we think it's obvious that launching your token with a tool that allows your community to get in early before snipers, and ensures that all liquidity ends up in the LP (where it belongs), is the best for a new token (aka TGCs)
and so, we are opening up that tool for everyone. As more people launch their clankers, virtuals, and zora tokens with it, the awareness and usage of Fey will increase
and overtime, people will come for the tool, and stay for the network
a network where it's easy to find a group of diehard believers that would great candidates to whitelist (fey stakers), and a network where you have real ownership of the rails itself
that's the fey strategy
✳️
fey is one of the 10 hooks approved on uniswap 😎
we’re small but mighty, agree this approach should change but shoutout to the @Uniswap for the approval of our hook
fey mode ✳️
optimize for giving real community members the best possible price at a fair valuation. 90% of tokens should probably be between 1-5m mkt cap once hitting the open market
Why projects should launch with a TGC
Fair-launching tokens on a bonding curve were great for bootstrapping token communities from 0-1. The game was that because early buyers are taking more risk, and so they should get more tokens than expected to pay them for their risk capital.
But with launches today, especially hyped ones like $jesse, this no longer makes sense
Most tokens shouldn’t launch on a fair launch curve
A fair launch bonding curve assumes the earliest participants are the ones taking on the highest risk, but this is not true when there is sufficient hype for a token. With there is excitement and hype, everything that justified a fair launch bonding curve disappears.
Hyped launches usually have:
• strong founders
• real social backing
• a proven concept or track record
• narratives that already have conviction before the token exists
When you have all that, the risk for early buyers collapses and what replaces it is a sniper war. The curve ends up allocating most of the supply to whoever has the fastest bots.
Put another way, the risk of putting up capital early for a token goes down and the premium goes up the more hype there is, and the game stops being about belief. The game instead turns into a sprint between snipers.
And the outcome is obvious. A hyped launch on a bonding curve excludes almost everyone who would actually build the culture and hold the token with intention. It front-loads the supply into the hands of people who disappear the moment the chart stops printing.
This is the opposite of what a real community launch needs.
The Case for TGCs
TGCs do the one thing fair launch bonding curves were never designed to do. They work when snipers are most likely to act.
A TGC gives real participants a fair shot to get in. That can be manual allowlists. It can be automated filters like Farcaster follower checks, or It can be any method that boosts real human participants over extraction bots.
A TGC allows for real users to get into a hyper token launch with a fixed allocations, that are big enough to feel real, but small enough to avoid whales dominating. Every project can choose their own numbers. Our recommendation is to pick something meaningful. If a participant takes real risk, they should have the potential to feel the upside.
For example, FEY’s TGC set allocation at 0.1 ETH. That turned into 2.5 ETH (~$15K) for some participants, depending on when they sold. If we had cut that allocation to 0.01 ETH to include everyone, the return would still be the same multiple, but the impact of 25xing 0.01 ETH is nowhere near doing that to .1 eth. One amount creates believers. The other amount creates passive observers.
The Presale Debate
People love to say that a TGC is just another presale. Yes and no.
It is a presale in the sense that tokens are sold before launch. The similarities end there.
A traditional presale requires trust in a team. You send funds to a person. They promise to use those funds in a certain way. You have no guarantee what they will do with liquidity or how much they will seed the pool with.
A TGC removes that entire surface area of trust.
Here is what it guarantees:
• liquidity injection becomes unruggable. Every dollar from the TGC goes directly into the liquidity pool
• user funds become unruggable. They sit inside a smart contract the entire time
• participants can withdraw anytime during the window
• the team cannot mismanage or misroute funds even if they wanted to
A TGC takes the good part of a presale, which is early alignment with believers, and removes the bad part, which is trusting humans with your money.
Why This Matters
The biggest challenge for any new ecosystem is simple. You need a group of early believers who feel real emotional upside. Without that, nothing gets built.
Bonding curves no longer deliver that. Presales deliver it but introduce trust risk.
TGCs deliver it cleanly, transparently and at scale.
feydrop!
a figma file with all high quality brand assets
make a copy or export anything you want, remix it, use it, have fun
✳️
https://t.co/3FXaJfm1NA