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Underdog Protocol
Ideas
.TY Token
there’s currently two ways that tokens can be launched:
we’re currently finding a couple problems existent in the way creators current launch tokens
with that in our mind, we want to then test three different tactics to rewards our creators supports and create and organic lever to acquire new customers .... let’s dive in
#2 TY Token Whitelist is listed in @doodles in this document. one piece that must noted is that we will need to be able to mint these for our creators and instruct both creators and supporters on how to airdrop and claim tokens.
#1 TY Token v Underdog Token is interesting, we spoke about this during the Solana Event at Atlas Cafe. Here’s how we went about it:
Create Explainer on How to Create Token → Send Explainer to Talent → Drop SOL for Talent to Mint Token → Token Created → ‘Share with Supporter’ → Airdropped to Supporter ( can we do text, get a phantom wallet?)
Community Platform
today
economy ▶️ social
the main problem that we’re seeing in the current age is the speculative nature of social tokens. this turns off investors ,creators, and markets to allow tokens to grow. An example of this is Bitclout (built on DeSo) which found popularity by flinestoning tokens of celebs for them to acquire and then promote on twitter for purchase.
the value of creator tokens in this case is focused on the underlying value of the token - $TONY....vs. the community of the $TONY.
social ▶️ economy
this is where we should be, starting with the social piece of social tokens, community. figuring out what is needed for talent to run and grow communities by helping them identify their top supports, create digital assets (exclusive chats, brainstorms, virtual events, etc...?), and analytics. once we’re able to build on-top of existing infrastructure.. we can tokenize. a ‘tokenized-community’ out of a box.
If we wanted to start with social ie: the community you can imagine creating/or partnering with a tool per the funnel of creating,running, a tokenized community.
ex: rewards + airdrop tool ... ‘mailchimp for web3’
Doodles
How to Organize Experiments
Organizing Tasks
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