Here’s how you launch a hyped, legit token (sorry @eigenlayer missed this window, but everyone else can learn):
1. The community needs to feel like they’re insiders. Do an aggressive inside sale for the best community members at an aggressive discount to last round. I’m talking 70%+. Choose 500-2000 people for this. Give them meaningful stakes. I’d even do a custom NFT for this group (h/t patron sales).
2. For everyone else, give them a fair pre launch price for the community round. At least last round.
3. Be transparent and don’t engage in shenanigans. Were there secondaries? Can locked vesters stake? Is there a strange MM deal everyone should know about? Did you give Binance 20% of network supply? People should know.
4. Speaking of vesting, I’m conflicted. I don’t believe in 100% unlocks on day 1, as the team should absolutely continue vesting. And the data shows that sale participants / community should vest. But should investors and partners? Likely no. Low float high fdv is broken, go to market with a higher float or your four year chart doesn’t stand a chance.
5. Really there’s so much more to say on this. You can use @CoinList to do all of the above and come chat with us. We don’t know all of the answers, but we’re (@Skeeeeto) learning daily and can figure this out together.
1. The community needs to feel like they’re insiders. Do an aggressive inside sale for the best community members at an aggressive discount to last round. I’m talking 70%+. Choose 500-2000 people for this. Give them meaningful stakes. I’d even do a custom NFT for this group (h/t patron sales).
2. For everyone else, give them a fair pre launch price for the community round. At least last round.
3. Be transparent and don’t engage in shenanigans. Were there secondaries? Can locked vesters stake? Is there a strange MM deal everyone should know about? Did you give Binance 20% of network supply? People should know.
4. Speaking of vesting, I’m conflicted. I don’t believe in 100% unlocks on day 1, as the team should absolutely continue vesting. And the data shows that sale participants / community should vest. But should investors and partners? Likely no. Low float high fdv is broken, go to market with a higher float or your four year chart doesn’t stand a chance.
5. Really there’s so much more to say on this. You can use @CoinList to do all of the above and come chat with us. We don’t know all of the answers, but we’re (@Skeeeeto) learning daily and can figure this out together.
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