Doing a PPP memecoin experiment that might or might not involve airdrops.
To be part of it, QT this w your address (or just RT & reply)
To kick it off, here’s mine:
AS3yMXa5yPRFeLgsdQkFR1KxBowExSY1JUzRGZj8iAMu
If we get enough real participants, the experiment will proceed 🐱
the new @fantasy_top_ leagues are live! whether you're a shrimp or a whale, only guts and skills will get you to the top of the leaderboard.
i'm competing and ready to go for the 600K GOLD prize starting this Monday 💥
good luck anon https://t.co/pNoQG7mLcn
The Story and Reasons Behind Favoring $BUILD
Initial Discovery
I first came across $BUILD through a project called BOSS on Farcaster. It is a 100% community-driven token with no allocations for the team or VCs, and it was set to presale on @prtyDAO. At that time, there was little to no discussion about the project, and its purpose was unclear.
Digging Deeper
Driven by curiosity about potential opportunities, I investigated further and found that the project had strong ties with the founders of @TalentProtocol and the official Talent Protocol team. It was confirmed that the Talent team was behind this project. Here's a brief overview of Talent Protocol:
1. It's a Web3 credential system similar to GALXE, but it focuses more on developers, a niche with few competitors.
2. The project started in 2021 and received $1.5 million in funding.
3. $TAL is set for TGE soon and is listed as a seed project on COINLIST, indicating potential future fundraising on CL.
Learning About $BUILD
Upon discovering that a reputable Web3 team was behind $BUILD, I started to follow the project closely. They promoted $BUILD at FARCON in early May and garnered some support.
Public Sale and Market Reaction
During the PARTYDAO public sale, I initially participated minimally on the first day due to a 7-day countdown, opting to observe more. I found out that $BUILD aimed to incentivize developers, as reflected in my initial tweet about $BUILD (then $BOSS).
Unexpectedly, the presale exceeded 70 ETH, surpassing previous $HIGHER presale figures, and the sentiment in PARTYDAO’s chat was bullish.
Post-Presale Developments
On the launch day, the team added all raised ETH into the LP and started ‘cooking.’ Due to the small presale amount, I increased my position.
On May 8th, the team launched the nomination event on their website, now a daily activity. Here’s why I’m bullish on $BUILD:
Developer and User Incentives: $BUILD is a dual-incentive project for developers and users. For platforms like @base and Farcaster, achieving 40K daily users and hundreds of thousands of registered users with $DEGEN’s success, the next growth phase requires more developer and user engagement. $BUILD is a major step in this direction, echoing the sentiment that developers are key to success.
Community and Influencer Support: Influential figures like @jessepollak and other well-known KOLs and developers are heavily involved and supportive. They aim to move away from traditional blockchain and application models, creating a new model to attract users. $BUILD’s approach is innovative, similar to #DESCI incentivizing scientists through tokenization. Many developers are not wealthy, so $BUILD’s model offers a significant opportunity for community recognition and influence.
Community-Driven Initiatives: Teams within the community are adopting $BUILD’s airdrop and tipping models to attract votes, providing additional incentives for users. This dual-reward system is appealing to the community.
Timely Events: In June, BASE and @farcaster_xyz will host #onchainsummer events. $BUILD’s launch is timely, benefiting new teams and projects with increased visibility.
Upcoming $TAL Launch: The Talent team’s $TAL token is about to launch. If $BUILD succeeds, it could significantly benefit $TAL, although we should cautiously speculate on the exact impact.
Support from Key Figures: Jesse, who tested the new CB smart wallet by first depositing $ETH and then buying small amounts of $BUILD, has shown significant support. He invested 1 ETH in low-priced $BUILD and transferred 1 billion tokens to a foundation wallet he largely funds, intended to reward ecosystem contributors. His involvement suggests a strong belief in the project’s potential.
Brand Alignment: The name BUILD fits well with BASE’s initial concept and Farcaster’s ethos of building. It is a qualified meme token with only 30% actual circulation. Currently, the FDV is 30M, but the circulating supply is less than 10M. With more than a month before the initial airdrop unlocks, the market supply is limited.
Conclusion
In summary, I remain optimistic about $BUILD. The phrase “NEXT $DEGEN” signifies an essential step in FC’s new phase, and this token concept is advancing the Web3 industry rather than being a mere meme. Their roadmap, potentially filled with surprises, is worth exploring.
Years from now, we might look back and realize 2024 was the year Web3 social interactions began to flourish, and indeed, we are early!
ALWAYS DYOR & NFA
Rewards for the First Tournament Are Live! 💡
All 13,346 participants get something to claim.
🟡 +80,000 @Blast_L2 GOLD
🟡 Top 6.15% – ranked 1 to 800 – received up to 333 GOLD, distributed exponentially.
🟡 Top 33.8% – ranked 800 to 4,400 – received 5 GOLD each.
🃏 Cards
🃏 Top 0.5% – ranked 67 – received 10 cards each.
🃏 Top 0.5% to 2% – ranked 67 to 265 – received 5 cards each.
✨ FAN Points
✨ All players have been granted FAN points.
✨ FAN points distribution ranged from 15,000 to 250, on an exponential scale.
💫 Stars
��� Every participant received Stars.
💫 Stars distribution is exponential, from 5,000 to 5 Stars.
Get Ready 🏅
Enhance your deck before the Main Competition begins next week, where you can earn a portion of the 222,222 BLAST GOLD, cards, ETH, Stars, and FAN points rewards.