The actual creator of the artist is endorsing and receiving fees, hello?
Check here: https://t.co/sIu6tB4myO
Look on the right of his bio, there is his wallet.
For now you can only send fees to wallets, not Twitter accounts,
but if the trenches like the tech I can implement all the functionality that BAGS has via https://t.co/BixfqdPcw8.
To test the tek:
https://t.co/3twxb12lPB
Tick "Deploy w/o Phantom", set a fee receiver wallet (one of your wallets), preferably one
that isn't receiving fees from another coin at the moment.
Deploy the coin, log in on Pump with the receiver wallet,
buy some of the token you deployed, and see your unclaimed fees going up on Pump.
Not many people know this, but it’s possible to redirect fees to any wallet on https://t.co/H8y1tWx7O9.
I decided to create the tek for this, as there are plenty of coins that rely on the narrative of sending fees to a specific wallet. Until now, people have redirected fees through Pump’s CTO form, which kind of works but isn’t reliable or easily verifiable.
The tech behind https://t.co/toGBptfI0U relies on how off-chain tokens work. When a token is created off-chain and is still only listed on the https://t.co/H8y1tWx7O9 site, the first buyer becomes the actual dev of the coin.
However, CTO fees still go to the original creator who created the coin on https://t.co/H8y1tWx7O9 without a dev buy.
How?
https://t.co/H8y1tWx7O9 doesn’t have access to the OG dev’s private key, so they use a creator parameter instead, which can be set arbitrarily. Fees are sent to whatever address the creator parameter is set to.
Redirector uses this quirk in https://t.co/H8y1tWx7O9’s create function to send fees to any wallet you wish.
This is the utility of BAGS, combined with the volume on https://t.co/H8y1tWx7O9.