# Why $MILO Stands Out From The Unfiltered Memecoin Mass

*$MILO: a Farcaster-native token experiment*

By [BabyMilo ($MILO)](https://paragraph.com/@babymilo) · 2024-06-06

memecoin, milo, babymilo, farcaster, divi

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The market is pumped full of thousands of new memecoins every day. Some are funny, some are based, most are rugs…

It is estimated that over **99% of all memecoins will fail within their first week**. 

Even legitimate memecoin creators with the best intentions often fail due to the unfiltered mass of memecoins on the market drowning them out.

So, how will $MILO, a relatively stereotypical memecoin of a **dog wearing a towel**, be any different?

[

![](https://storage.googleapis.com/papyrus_images/dff417f31ce6a0f3b6f35a14d576d154.png)

Farcaster

Woo-Nomad on Warpcast
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/milo is based and he’s in a towel what more do you want!!! https://i.imgur.com/X8P8Hn6.jpg





](https://warpcast.com/woo-nomad/0xd74a97dc)

**How MILO Stands Out From The Noise**
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There are **five key attributes** that set MILO apart from the rest of the memecoins currently clogging the market:

**1\. MILO is Farcaster-native**
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Unlike most memecoins, which try to get maximum exposure on all platforms right away (specifically on X), $MILO is a Farcaster-native (and Farcaster-first) memecoin.

Farcaster, and its flagship Social-Fi Warpcast app, has established itself as the **social network of choice for on-chain builders and creators**.

Unlike Crypto Twitter, which is where the unfiltered mass thrives, tokens launching exclusively on Farcaster need to display some sort of legitimacy to gain traction from the **hardcore degens** that regular the platform.

The [**/milo channel**](https://warpcast.com/~/channel/milo) on Warpcast has already gained a **following of over 6k users**. 

MILO plans to merge the gamification models of memecoins with the groundbreaking [Frames technology](https://blog.developerdao.com/farcaster-frames-explained) found on Farcaster. With an ultimate goal of building a **full dApp experience on the platform**.

[

![](https://storage.googleapis.com/papyrus_images/acadfca2fc3d7277a7a3f729b78b4c11.png)

Farcaster

DiviFlyy on Warpcast
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He's Based 🔵 He's in a Towl🧻 He's at 6k followers! 👀 🎉 🐶 https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/76ef0b0f-c31c-4f10-9e59-fb8089600500/original





](https://warpcast.com/diviflyy/0x10c56178)

**2\. S-Tier Smart Contracts**
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The $MILO token launch will look very different from your average memecoin dump. 

The contract for the launch will go far beyond the liquidity-locked, contract-receded trope (which doesn’t necessarily prevent rugs).

The $MILO launch contract will include a **unique “anti-jeet” mechanism**. This will prevent misaligned whales from purchasing large amounts early on and dumping on smaller holders.

A tax on rogue LPs (i.e., pools set up external to the official Treasury) will also be implemented to ensure a fair and equitable launch.

[**In-depth overview of $MILO Tokenomics**](https://paragraph.xyz/@babymilo/milo-puppy-playbook-towelnomics)

Additionally (and more conventionally), $MILO will also utilize a linear price curve to accumulate the initial liquidity, decentralizing the liquidity source.

Beyond the initial token mint, the broader $MILO ecosystem will also employ **“S-tier” smart contract tech** to enable in-frame staking, BabyMilo NFT distribution, and earn $MILO emissions from NFT staking.

**3\. Gamification & BabyMilo NFTs**
------------------------------------

The next thing that sets MILO apart is its gamification model. Each week, you have a chance to **mint 1 of 10 BabyMilo NFTs** by “[Leashing](https://paragraph.xyz/@babymilo/milo-puppy-playbook?referrer=0xFA1b633685B7Eb00636D4DACfEeb516ed827c4F5#h-minting-babymilos)” your $MILO (200k minimum).

You can **increase your chances** of acquiring a BabyMilo by leashing for longer or by leashing a larger amount. And if you hold [$DIVI](https://dividefi.com/swap) in your wallet, you can earn a bonus BabyMilo mint chance.

### **What Is BabyMilo?**

[BabyMilo NFTs](https://warpcast.com/~/channel/milo) are a set of **1000 unique, hand-drawn characters with varying breeds and rarities**. Rarity is determined by breed, color, accessories, and other factors.

The **initial mint will occur on Farcaster**, with the first 100 being made available to whitelisted addresses. The remaining 900 will be **released at a rate of 10 per week** to users who earn the chance to mint through Leashing.

Once you have minted your BabyMilo, you can **stake it to earn more $MILO**… which can be used to earn more BabyMilo NFTs through Leashing, creating a unique “symbiotic” reward model.

![](https://storage.googleapis.com/papyrus_images/b46594889cca7f7e3e4a350ee9d7a486.png)

BabyMilo artwork examples

**4\. Established Ecosystem**
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Another factor that sets MILO apart is its established ecosystem. Unlike most memecoins, which are created out of nowhere by relatively unknown teams, **MILO is being built by a team under the guidance of** [**Nick Saponaro**](https://warpcast.com/nickysap), the founder of [Divi Project](https://www.diviproject.org/).

The Divi ecosystem currently consists of the flagship [**Divi Wallet**](https://diviwallet.com/)**,** [**DiviGo**](https://divigo.tech/)**,** [**DiviDeFi**](https://dividefi.com/)**,** [**DiviSwap**](https://diviswap.com/)**, as well as the native Divi Blockchain itself** — which has been running uninterrupted since its launch in 2018.

Furthermore, the extended Divi universe includes projects like the digital comic book creator [**Lightning Works**](https://lightningworks.io/) and the FPS shooter games [**Siege Worlds**](http://siegeworlds.com/) and [**Downfall**](https://playdownfall.com/).

As **future airdrops or additional NFT mints** within the larger Divi ecosystem occur, BabyMilo NFT holders will almost certainly be whitelisted.

**5\. MILO is Fun-Centric**
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MILO is focused on bringing **real value and fun to $MILO holders**. A trap many meme projects fall into is simply hyping their projects without adding any substance.

**Additional gamification, unique in-frame mini-games, NFT whitelistings, and incentivized quests (e.g.** [**Based Puppies**](https://warpcast.com/diviflyy/0x63f0ec3a)**)** are just a few of the things $MILO holders have access to.

We want to make sure you **hold $MILO for the fun** it brings, as well as its potential to moon.

**How to Get $MILO**
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Details of the $MILO token launch, as well as the BabyMilo mint date, will be posted on the  [/milo](https://warpcast.com/~/channel/milo) channel on Warpcast.

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*Originally published on [BabyMilo ($MILO)](https://paragraph.com/@babymilo/what-is-milo-and-how-is-it-different-from-other-meme-coins)*
