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Tool Tip: Building a Coin Ecosystem with Flaunch Groups

Flaunch now supports token imports and Groups. Let's break down why these resources are compelling.
Tool Tip: Building a Coin Ecosystem with Flaunch Groups
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I’ve said before in Metaversal that Flaunch is my favorite token launcher.

Beyond the slick UX, the platform does several things well: creator revenues paid in ETH, automated buybacks via a Uniswap Uniswap v4 hook, and a royalty NFT that tokenizes your fee stream.

Now, the team's back on my radar with their two latest rollouts: token imports and Flaunch Groups.

Bring your own coin

Let's say you've released a token through Clanker or Zora, but you want it to also benefit from Flaunch's features, e.g. a Progressive Bid Wall hook for continuous price support.

Now with Flaunch's new import functionality, you can migrate Base Base ERC-20 tokens created outside of Flaunch into the protocol's stack. You can do this without minting a new coin, changing your ticker, etc.

When you import, Flaunch mints a royalty NFT to you. That NFT becomes the conduit for your project's swap fees, which stream to you in ETH rather than in your own token—i.e. you don't have to dump your token on your holders to earn.

Alongside the royalty stream, your market can tap the aforementioned Progressive Bid Walls. These are the automated buybacks, which place bids just below spot as fees accrue to reflexively support your token's price.

Turn a coin into an economy

Flaunch Groups is more expansive than, but also synergistic with, token imports.

With Groups, you can take Flaunch’s core pillars (like ETH revenues, auto buybacks, etc.) and scale it across a network of related tokens. It lets you set a center of gravity, the Group Coin, and then plug other coins in and share value back to that center.

These subordinate coins, or subcoins, can be new Flaunch launches or imported tokens, and they all send a slice of their own ETH revenues to the Group.

As a Group's creator, you can choose to stream ETH earnings to the stakers of your Group Coin, run buybacks of the Group Coin, or run a mix. You customize the percentages of your distributions, including an owner's fee if you want one.

As the creator, you can also toggle your Group's permissions. "Closed" lets you manage the curation of subcoins on your own, while "Open" lets community members contribute their own subcoins. The former is good for personal projects, the latter for collective efforts.

Keep in mind that each subcoin can still have its own Progressive Bid Walls, and so on. The Group just sits on top of that, all the while aggregating ETH from its member tokens into one flywheel for the Group Coin.

A quick hypothetical

The Flaunch imports + Flaunch Groups combo offers some interesting consolidation and collaboration possibilities to onchain creatives, community managers, DAOs, etc.

I can think of a personal hypothetical example that wouldn't be far-fetched:

I've been publishing my Midjourney Midjourney art on Zora tied to my $peaster creator coin. Let's say I find a peer doing similar stuff, and we vibe together and decide to form an onchain AI art collective, Unlimited Dream Company.

Toward that end, we could launch our collective's coin on Flaunch, then launch a Group and make that coin our Group Coin for our supporters.

At that point, I'd import my creator coin + tokenized Zora posts into the Unlimited Dream Company Group, and my partner could do the same, on and on, thus consolidating our creations while pointing them toward our Group Coin.

Then, fees from all these coins could be continuously distributed to both buybacks and stakers of our main coin, rewarding our biggest fans. Plus, if we toggled on an owner's fee, we could route that revenue to our collective's multisig or a payment splitting address. Win-win.

Anyways, you get the idea. The Unlimited Dream Company riff is just a hypothetical scenario, but if I ever really was to take up an effort like that, the process would be simple thanks to Flaunch imports and Flaunch Groups. That's pretty awesome to me.

If you can picture yourself doing anything in the general ballpark of that scenario, these tools are worth a spin. For instance, keep Zora for reach, then layer on Flaunch for economics. Lots of experimenting is possible here, so keep these resources in mind.


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William M. Peaster

Written by William M. Peaster

883 Articles View all      

William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he writes the Metaversal newsletter on the onchain frontier, covering everything from AI projects to crypto games, as the team’s lead NFT analyst. With a background in creative writing, he writes fiction and publishes art on Ethereum in his free time.

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