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MetaMask co-founder goes to the pump to issue coins. Is Ethereum just visiting next door?

MetaMask co-founder goes to the pump to issue coins. Is Ethereum just visiting next door?

OdailyOdaily2024/11/28 00:12
By:Odaily

Original | Odaily Planet Daily ( @OdailyChina )

Author|Nan Zhi ( @Assassin_Malvo )

MetaMask co-founder goes to the pump to issue coins. Is Ethereum just visiting next door? image 0

At 11:08 this afternoon, MetaMask co-founder Dan Finlay deployed the Meme token CONSENT on the Base network through the AI agent clanker. The token rose to a market value of US$4.5 million in 5 minutes, and then fluctuated between US$2 million and US$3 million.

MetaMask co-founder goes to the pump to issue coins. Is Ethereum just visiting next door? image 1

clanker is a meme distribution tool based on AI+social platform. The interactive experience is similar to the previous makenow.meme. Users only need to @clanker and describe the tokens Ticker, content and picture in text, and clanker will automatically deploy the token. The core difference is that the deployment process is completed by AI.

Dan: Oh no, I dont have any chips

But 13 minutes after the token was deployed, Dan forwarded clanker’s deployment reply and said: “Honestly, this is a bad experience: 200 robots robbed my tokens, it’s obvious that this is a scam . Maybe the issuer can deposit the initial funds first? Uniswap’s widget doesn’t even provide MM as a mobile login option.” (Odaily Planet Daily Note: MM=MetaMask.)

MetaMask co-founder goes to the pump to issue coins. Is Ethereum just visiting next door? image 2

A similar situation also happened on makenow.meme . If the token deployer chooses to release the token through a social media platform, the deployer himself does not have the right of first purchase, and even before the official Bot replies, no one knows which token is real.

This seemingly fair launch method has actually become a feast for scientists. Looking back to the earlier friend.tech, all the big Vs were monitored by Bots. Once the early chips were launched, they were snatched away by Bots, leaving no room for ordinary users to participate.

Pump.fun save me

Dan then further stated that he actually lost money because of deploying tokens through clanker, because many people bought before the founder and then sold after the founder. Now he can only make up for the losses by “shilling”.

Four minutes later, Dan came up with a brilliant idea - issuing coins on pump.fun. However, Dan said that this was a test to compare the experience of the two coin issuance platforms.

MetaMask co-founder goes to the pump to issue coins. Is Ethereum just visiting next door? image 3

After Dan released the pump link to confirm the legitimacy of the token, CONSENT on Solana began to soar, reaching a market value of $11 million 11 minutes after the external market was launched. At this time, Dans account had a floating profit of about $200,000.

Dan gave Pump a positive review:

Comparing the Meme Coin experience of WC (Warpcast) and SOL. There are two tokens called CONSENT, and only one will win in the end.

The result so far is that on Clanker, there will be a lot of people rushing and rugging, while on pump.fun, at least the developers are the real founding members. For example, it is impossible to crowdfund an organization using the Clanker model.

Even though I invested a fraction of what I invested on pump.fun, I have made multiples of what I lost on Clanker. Im not sure how much of this is normal site noise and how much is due to this campaign, but for me, thats the reality.

MetaMask co-founder goes to the pump to issue coins. Is Ethereum just visiting next door? image 4

Clanker, lets have a little fight

In response to Dans statement that he lost money on clanker, clanker posted on the X platform : @danfinlay tried clanker and pump.fun. He gave us some good suggestions, which we will use to improve our products. Dans experience was not good, but he made more than $26,000 on ETH alone.

Dan didnt seem to see the post on Platform X, but he received a tip from another Warpcast user: Where can I see these clanker rewards (funds)?

MetaMask co-founder goes to the pump to issue coins. Is Ethereum just visiting next door? image 5

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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