“if you hold a meme coin, you just get stock tokens airdropped to you”
@vladtenev said this on a podcast that dropped 3 hours ago.
he was describing what builders are already doing on robinhood chain:
• creating unique pools robinhood “didn’t even think would exist”
• connecting meme coins, core crypto assets and stock tokens
• turning tokenized stocks into a new reward layer
• building products robinhood “probably wouldn’t have thought of” themselves
that’s the part people are missing imo.
@RobinhoodCrypto isn’t just about putting stocks onchain. it’s becoming a developer playground where memes, crypto and tokenized equities can get composed into completely new products.
which coins do you know that actually fit this description?
gLONG
1. will start sharing a bit more today and tmr on the expansion plan for @ArtificiallyInu
2. we've started working on a whitepaper for a new primitive we intend to ship near term(yeah it's so good that I'm willing to have proper docs for this one)
there are some exciting partnerships, teams etc coming along so hope we can share more on that this week.
Keep pushing. Keep it net LONG.
We will win.
now that cashcat is listed, the most likely contenders to be listed in no particular order are:
- @TheIndexFi
- @PonsEcosystem
- @realstonkbroker
vlad follow foreshadows things to come
we've gotten our first robinhood meme coin listed, next should be a utility coin
now that cashcat is listed, the most likely contenders to be listed in no particular order are:
- @TheIndexFi
- @PonsEcosystem
- @realstonkbroker
vlad follow foreshadows things to come
we've gotten our first robinhood meme coin listed, next should be a utility coin
now that cashcat is listed, the most likely contenders to be listed in no particular order are:
- @TheIndexFi
- @PonsEcosystem
- @realstonkbroker
vlad follow foreshadows things to come
we've gotten our first robinhood meme coin listed, next should be a utility coin
the chains have more or less chosen their stock paired launchpad winners
robinhood: pons, long
bsc: flap
where is sol at? is this not a perfect opportunity to embrace $STONK? @solana@toly
with sol native tech @PreStocks and @Backpack, @LaunchOnSF is able to push the boundaries further by introducing pre-ipo and meme pairs
seems like an easy win that rallies the sol community while taking a slice of the pie
cc @blknoiz06 - you got a whole manlet coin paired with ANSEM
> followed account at 10M mcap
> repeatedly publicly said supported memes
> leak ticker search live on the public earnings call at the bottom when its down -80%
> list on the main app one week later
absolute masterclass in soft shilling & supporting degens onchain im impressed
uniswap just launched a token launchpad and it’s actually the biggest change to “launchpad wars”
every launchpad before this had the same problem: mandatory fees that extract value from the coin. 1% on every trade, going to the protocol, going to the deployer, going somewhere that isn’t the coin itself. the token generates millions in volume and most of that fee revenue leaves the token that generated it
people tried zero-fee launchpads before. they failed. because a business with no revenue has no incentive to push, promote, or maintain the platform. the launchpad dies because nobody’s motivated to keep it alive. fees are the business model and the business model is what funds the growth
but uniswap doesn’t need launchpad fees to survive. they’re the largest DEX in crypto. they’ve been the infrastructure layer for 8 years. they don’t need to extract 1% from your memecoin to keep the lights on
so for the first time, someone with real distribution and real staying power built a launchpad with zero extractive fees
- here’s how https://t.co/fSwuhllIAg works:
the only fee is the standard 0.25% uniswap v4 protocol fee that exists on every v4 pool anyway. no additional launchpad tax on top. that alone makes the spread for traders significantly better than every other launchpad
then 80% of that fee autocompounds back into the liquidity pool. permanently locked. the coin’s own trading activity makes its own liquidity deeper over time. automatically. the pool grows with every trade without anyone adding more capital
and 20% goes to the creator, enough incentive to deploy and maintain the project, but small enough that the coin itself is the primary beneficiary of its own volume
think about what this means. on any other launchpad, the platform takes 1% of every trade. on a coin doing $10M in volume that’s $100K extracted from the token
the volume that used to enrich the launchpads now enriches the coins. the deeper the pool gets, the harder it is to dump, the more stable the chart, the more confidence traders have entering with size.
it’s a flywheel that feeds itself
and the distribution is uniswap-tier from day one
but the foundation is right. zero extraction, autocompounding liquidity, and uniswap’s entire infrastructure behind it
the launchpad wars just changed
🐸
“i may not even be aware if there is a coin or project attached to the content i’m posting”
brian there was a token called $BRIAN on YOUR chain, doing $100M+ in volume, with 10,000+ people trading it, thousands of them tagging you, replying to you, asking you to acknowledge the situation. how can you not know? that’s not an excuse, that’s an admission that you don’t pay attention to what’s happening on your own chain
and if you genuinely didn’t know, that’s worse. because it means the CEO of coinbase with 100M users is so detached from his own ecosystem that a $100M volume token named after him on his own L2 didn’t reach his radar. while thousands of people were in his replies
you put cobie in charge of the base app. you replied to ansem about why base is dead. you engaged with jesse about memecoins publicly. you changed your pfp to a memecoin. you clearly know what effect these actions have on a market that watches your every move. you’re not new to this
so either you knew and you’re pretending you didn’t, or you didn’t know and you need someone around you who does. because right now 10,000+ people are down 99% on a coin named after you, on your chain, that pumped because you changed your pfp, and you’re telling them it’s their fault for paying attention to you
that’s not a disclaimer. that’s abandonment
Regarding the recent buzz around my profile picture changes and some feelings that the Base community isn’t being supported enough: I appreciate the feedback (even if tough to hear) and I realize you wouldn't take the time to respond unless you cared.
It seems I wasn't clear enough setting expectations for all of you, so let me try and do that now: please don’t follow my personal X account for investment advice or signals around individual coins. I’m simply posting things I find interesting or funny on the internet. I may not even be aware if there is a coin or project attached to the content I'm posting (you should assume I'm not, to be safe). My posts and profile pics are also not endorsements or commitments to anything.
Base is our shot at building foundational infrastructure for financial services where we can all innovate together. That includes tokenized stocks, borrow/lend protocols, stablecoin payments, etc and yes even meme coin trading. I believe in economic freedom, and support you trading whatever you want. Just realize that if you're treating my X account as alpha, you are doing so at your own risk, against my wishes. I would never recommend this.
On the topic of “support” from the Base team or Coinbase, there seems to be confusion around this too. There are many tokens we would like to list on our centralized exchange, but can't for compliance and regulatory reasons. If you want Jesse or me to pump your bags or shill certain coins, we're also not going to do that.
Here is what we are committed to on support: we run in-person Base Batches and issue grants to high potential builders, Coinbase Ventures and the Base Ecosystem Fund also invest in the most promising companies building on Base, and we periodically integrate promising Base defi protocols into our products at Coinbase which enhances distribution. I might even mention something on X if I think it's interesting, but again, this is not investment advice. In general, we bias toward supporting projects that we believe will create long term customer value.
You may like this approach or you may not, but either way hopefully it creates clarity going forward, so you can decide what you want to do. I respect your choice, either way.
P.S. I still might post memes if I think they are funny! It's still not investment advice.
whenever you think of trusting base, remember this thread
jesse pollak’s coins
the head of base used the official coinbase X account to promote “base is for everyone” on zora. it spiked to $17M mcap in an hour. crashed 90% to $1.9M within 20 minutes. people thought it was an official base token. jesse said it was “an experiment” and that he “personally approved the post”
months later he launched his own JESSE token through the base app. called it a “creator coin, not a memecoin.” two snipers extracted $1.3M from it within seconds of launch. the token peaked at $25M and dumped. $50M in volume flowed through it and the regular users who trusted the head of base got sniped by bots while he collected LP fees
he then used those LP fees to buy other creator coins on zora. so the fees generated from his community getting sniped went to propping up more creator coins that also dumped
him and brian promoted tokens linked to balaji srinivasan and other figures. all crashed. one critic pointed out “the same users kept eating the downside on team-promoted tokens.” nobody at base adjusted
he endorsed a soulja boy token, a person zachxbt publicly documented running 73+ token promotions, 16 NFT collections, most of them rugs or abandoned, earning $730K+ from paid crypto scams. jesse invested $1,500 and promoted it publicly. zachxbt’s report was from 2023. it was public. the head of base either didn’t bother to check or didn’t care
he shared a GIF playing on “base is for everyone” that rotated through the phrases “base is for pimping” and “base is for squirting.” had to publicly apologize. the guy running a coinbase-backed chain, a publicly traded company, posting this to hundreds of thousands of followers
after all of this he said base won’t “pump tokens” or “support the chart behind the scenes.” the same person who launched multiple coins that dumped on his community won’t help yours. his charts get LP fees. yours get abandoned
the $BRIAN disaster
brian armstrong, CEO of coinbase, $50B+ publicly traded company, changed his pfp to a $BRIAN memecoin. 10,000 people bought in. the CEO of the chain is backing it: what could go wrong? he removed the pfp 23 hours later. coin went to zero. 10,000+ people down 99% after trusting the literal CEO
1/3