I first came across $BUILD through a project called BOSS on Farcaster. BOSS 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.
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:
It's a Web3 credential system similar to GALXE, but it focuses more on developers, a niche with few competitors.
The project started in 2021 and received $1.5 million in funding.
$TAL is set for TGE soon and is listed as a seed project on COINLIST, indicating potential future fundraising on CL.
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.
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.
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.
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.
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!
I first came across $BUILD through a project called BOSS on Farcaster. BOSS 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.
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:
It's a Web3 credential system similar to GALXE, but it focuses more on developers, a niche with few competitors.
The project started in 2021 and received $1.5 million in funding.
$TAL is set for TGE soon and is listed as a seed project on COINLIST, indicating potential future fundraising on CL.
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.
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.
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.
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.
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!
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