Put on your towel, it’s time to go to the park!
The /milo channel on Warpcast is a place for puppy-loving, towel-wearing, scenecoin degenerates.
The channel gives off predominately fun, tongue-in-cheek, based meme vibes.
However, the $MILO token, and its gamified ecosystem, are far more advanced than your typical memecoin.
web2 Milo vs web3 /milo https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/6fd0d381-1e26-4e1c-4548-a9d6e8077600/original https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/a9b6e859-a43f-4242-0dbb-3450b7578d00/original
The $MILO experiment was originally announced by NickySap (@nickysap) in March 2024, with the official launch taking place in August.
But the origin story of $MILO dates back all the way to 2023, when NickySap announced the first iteration of $MILO – $DVDOGE.
Based on Nicky’s real-life dog, Milo, $DVDODGE was launched on the Ethereum network with the intention of exploring the unique dynamics of the memecoin market.
However, as life took over, and interest faded, NickySap put the memes to the side to focus on other projects.
It wasn’t until March, when Nicky discovered Farcaster and the vibrant Scenecoins thriving on Warpcast, that he decided to relaunch his meme experiment.
I’m excited to present our most ambitious Frame yet. /milo is a pet project in the truest sense. Based on my Pomeranian by the same name, this hybrid NFT/DeFi project is a Farcaster native, in-frame gamified minting experience that will unfold over the next two years. The $MILO token will initially be offered solely through an in-frame bonding curve, increasing linearly after each purchase. To adopt a BabyMilo, users must hold and stake at least 200,000 $MILO tokens (0.015E at the bottom of the curve). Up to ten speakers will adopt a brand new BabyMilo every week until 1,000 BabyMilos have been adopted. The 200k $MILO is automatically debited from the minter’s account and added to the Treasury. After adoption, each BabyMilo NFT can be staked to earn more $MILO. This all happens in a single Farcaster Frame. I hope you'll join us for this fun, experimental, in-frame, onchain gaming experience! https://milo-claim-frame.vercel.app/api
Nicky and the Milo team went all-out for the $MILO relaunch.
The /milo channel obtained over 6k followers before the token launched, thanks in large to the Based Puppy initiative and the MiloWifTowel meme culture.
However, the Milo Scene is just as much about the tech and the experimental nature of the token as it is about the memes.
Onchain gaming is fraught with ill-intent. We use programmable money to thwart undue attempts at gaming the system. Read the full towelnomics here https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/7bf61811-8cd6-4966-8034-7bac92f21900/original https://babymilo.notion.site/65708de9168c41edb3d2c9f00c23d49b
The token itself has incorporated advanced first-of-its-kind anti-jeet measures to deter whale activity and prevent ‘poison’ actors from infiltrating the ecosystem.
Its gamified ecosystem centered around the BabyMilo NFT collection (of which 10 are released each week) brings an additional layer of depth to the Milo scene and promotes continued engagement from the community.
The first BabyMilos will be adopted this Thursday! How to play: 1. Use the frame below to acquire a minimum of 200k $MILO 2. Use the frame to stake that $MILO 3. Come back Thursday to see if you’re a lucky dog owner 🐶 If you don’t win, don’t worry, a drawing takes place weekly. https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/b98df8f4-bdac-49ec-e141-9ce3da728d00/original https://milo-claim-frame.vercel.app/api
1000 BabyMilo NFTs are planned to be released at a rate of 10 per week, meaning the core Milo ‘game’ will continue for at least another 2 years for those who continue to engage with the ecosystem.
There are also multiple in-frame Milo mini-games planned that will benefit (or be exclusive to) BabyMilo holders.
And all BabyMilo NFTs themselves can be staked long-term to earn up to 80k $MILO.
You can now stake your BabyMilo NFTs at towel.dog/nfts Frame coming soon! http://towel.dog/nfts
The community in the /milo channel also continues to thrive, with $MILO giveaways through Rounds contests and a near-infinite Milo meme supply posted regularly.
$MILO the most advanced memecoin in existence https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/8ef675c6-efe6-4941-4130-ab8d48a48c00/original
Scenecoin
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