Product update, gonna be pivoting Farplace a bit to a different product: givedotfun. Farplace was a launchpad with multiple mining mechanisms. The idea was a growing library of ways to mine tokens. A cool idea but imo too complicated and difficult to explain. One of the mining mechanisms stood out to me though, the Fund Rig: fund a cause to mine tokens. So I stripped everything else away and built around that one idea. Givedotfun is a fundraising primitive (like an onchain GoFundMe) for anything that needs ongoing funding: creators, charities, public goods, agents, communities, projects, anything. Here’s how it works: Anyone can launch a fundraiser. Each fundraiser has its own Coin with a fixed daily emission. You fund USDC into the pool, and at the end of each epoch (1 day) you claim your proportional share of that day’s Coin emission based on how much you funded relative to everyone else. Early epochs emit the most. Emissions halve monthly, Bitcoin-style, with perpetual tail emissions after that. The interesting part is the incentive loop. Funding is like bidding for a slice of a fixed emission. If the market values the Coin higher than your cost to mine it, you profit. That competition pushes funding up until the discount closes. As demand for the Coin grows, the recipient earns more. Funding scales with the market. Every funding is split immediately onchain: - 50% to the recipient - 45% to treasury (buy and burn Coin-USDC LP) - 4% to the team who launched it - 1% to the protocol Treasury fees are auctioned to LP holders, and the LP tokens get burned. Liquidity can’t be pulled. Contracts are immutable. Same core thesis as Farplace: - No presales - No bundlers/snipers - No dev dumps - Coins are mined, not bought It's where funding meets mining, shipping soon on Base!