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MILO, The Farcaster-native memecoin experiment, is set to launch on Warpcast in the coming weeks.
MILO’s goal is to merge the unique tokenomics and gamification models of memecoins with the groundbreaking Frames technology found on Farcaster.
So far, Farcaster Frames have primarily been utilized for NFT mints, mini-stories, mini-games, interactive artwork generation, and token swaps.
MILO aims to combine all these use cases (and invent a few more) to enable a fully decentralized memecoin ecosystem “in-frame” on Warpcast.
MILO will utilize Frames to create a complete dApp experience within Warpcast.
You will be able to interact with all features of the MILO ecosystem through a combination of different Farcaster Frames in-app.
Such features include:
The first feature will be the launch of the MILO ecosystem token, $MILO.
$MILO will have a fair community launch on Base (the network Warpcast runs on). Tokens will be distributed openly through Farcaster Frames, and a $MILO liquidity pool will be added to Uniswap.
This will allow all MILO enthusiasts to have access to $MILO tokens upon launch.
Thanks to MILO’s unique gamification model, $MILO will be one of the first tokens to allow for in-frame staking.
$MILO holders will be able to stake (‘leash’) their $MILO tokens to gain a chance at minting 1 of 1000 unique, hand-drawn BabyMilo NFTs.
Each week, 10 lucky addresses will be added to the “mint list” and be allowed to mint one BabyMilo NFT each.
10 BabyMilo NFTs will be released every week until the total supply is exhausted.
The more $MILO you stake, and the longer you stake, the better your chances are to mint.
BabyMilo NFTs are a set of 1000 unique, hand-drawn characters with varying breeds and rarities. Rarity is determined by breed, color, accessories, and other factors.
MILO will utilize the established NFT-minting Frame technology for the initial mint — a one-time mint of 100 BabyMilo NFTs will be made available to whitelisted addresses.
A new type of Frame will then be created to release the remaining 900 at a rate of 10 per week to users who earn the chance through $MILO Staking.
The next unique feature MILO will introduce to Frames is NFT Staking.
BabyMilo NFT holders will be able to stake their BabyMilo NFTs in-frame in order to earn more $MILO tokens.
These $MILO tokens can then be used to earn more BabyMilo NFTs through staking, creating a unique “symbiotic” reward model.
MILO will also be creating a “Token Migration” Frame.
MILO’s origins stem from the Divi ecosystem and its memecoin, $DVDOGE. The $MILO token migration Frame will allow all $DVDOGE holders to claim an equivalent amount of $MILO through Warpcast.
Additional Frames within the MILO ecosystem will include a $MILO balance checker and a BabyMilo NFT mint eligibility checker.
These features will help create an intuitive user experience when navigating the MILO ecosystem.
To keep up to date with the $MILO TGE, as well as the BabyMilo mint date, join the /milo channel on Warpcast.
BabyMilo
Experimental memecoin /milo gained a bit of traction over the last week. New article just dropped on their paragraph with some cool features they're planning to introduce. https://paragraph.xyz/@babymilo/milo-memecoin-decentralized-ecosystem-frames?referrer=0xb066587666CD3D3f49Bf8c68c66b56a9bcA45478
Experimental memecoin /milo gained a bit of traction over the last week. New article just dropped with some cool features they're planning to introduce. https://paragraph.xyz/@babymilo/milo-memecoin-decentralized-ecosystem-frames
if you want me to look at a token, project, tool, or cover a specific narrative in proxy's pre-vacation newsletter - drop it below if its a token make sure to include the contract address its a banger so far. the working title? "number does go down, apparently"
Vibehut - exclusive and visible video call communities Room for https://vibehut.io/farcaster .. they can be NFT token gated, paid to access or host approved. Example event Frame.. had 543 marked Attending, 168 Maybe, overloaded our servers, fortifying.. https://vibehut.io/farcaster/events/66173f2be348aa0015cea06d
thank you for sharing, I'll take a look
cool, around for the next hour if you'd like to jump on a call sent a dm 500 $degen
Experimental memecoin /milo gained a bit of traction over the last week. New article just dropped on their paragraph with some cool features they're planning to introduce. https://paragraph.xyz/@babymilo/milo-memecoin-decentralized-ecosystem-frames
people write a daily 8 minute stream of consciousness on anky.lat earning $newen https://basescan.org/address/0xffe3cdc92f24988be4f6f8c926758dce490fe77e#code#F1#L1 and each day all the writings are transformed by our custom ai model into a chapter of the book yesterday’s: paragraph.xyz/@ankytheape/chapter-11
🚨 self-dealing alert 🚨 I’d be happy to cover /anky for the newsletter 💜🫡
Thought this was a very well executed game in frame that launched today. Creator recently made a post incentivizing the community to create lore/fanfiction. Figured I’d share 🤝 https://warpcast.com/corbin.eth/0xed19a7b0
You do Solana? /degen-islands
why not, sounds good
It is. This project is not the millions of glorified whitepaper p2e projects out there collecting wallets making users wait on dreams. Degen Islands, the game servers are up and running, you can play NOW. Definitely, under the radar.
Thats great here is you go-to solana guide https://warpcast.com/awaken/0x0d795959 once you get into solana dont forget to tag me, will drop you an playable island which you can explore, build, mine and do lot more stuff we are available at /degen-islands
50 $DEGEN LFG OG!!
CENEZ
already in there talk about the /cenezuela dept of economic development and plans for bringing growth & development to the people of our struggling nation
with culture and memetics the nation will always survive any struggle 🎩
I think we should add some paperhands logo in your passport mate, come to my humble dweling for the update. will only expedite cinizenship vía mint or with locked up chads to avoid virgin p&d.
Experimental memecoin /milo gained a bit of traction over the last week. New article just dropped on their paragraph with some cool features they're planning to introduce.
New /milo article: The Memecoin Building a Decentralized Ecosystem on Farcaster He's based and he's in a towel, what more do you want!
Do we need to download the coinbase wallet?
You should be able to use any web3 wallet for interacting with $MILO and the ecosystem. But I think coinbase wallet is the easiest for FC and Base in general.
Hmm, it only gives me the option to use coinbase. Maybe I’ll mess around with it some more.