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tweaking CCM to save on chain trading
a bit about my background: I'm a trencher who turned $2,000 into $1,391,000 in 2 years (2023-2025) but then I lost most of it and ended up with $287,000. I think I've got enough experience to spot what's wrong and how we can fix it.
I like @pumpdotfun. I genuinely believe it's one of the few platforms that has helped people with small portfolios make life changing money and score big wins. but since pumpfun launched, every update seems to make things harder for traders and easier for ruggers and deployers, like:
- removing deploy fees
- insta migrations
- creator fees
I don't want to hand over a % of my money to some anon every time I buy or sell, with no good reason. I want 100% of it hit the chart and pump the price and build momentum
I'm tired of losing my money to serial deployers. I won't trade anymore until alon or someone on the pf team steps up, takes responsibility and finally listens to the community.
so what happened?
when pf announced creator fees, it kicked off CCM meta and trading on solana took a big hit. trading stopped being worth it and everyone just started launching tokens left and right.
traders lost money they'd spent years making, handing it over to scammers, ruggers and serial deployers who barely knew crypto.
now hardly anyone trades. some switched to deploying, others bridged their money off solana and a lot just lost it all and quit for good.
that's a huge mess. crypto's original mission was to onboard new users and achieve mainstream adoption, right? but we've done the opposite, we've pushed out the real believers, builders and traders and let in a bunch of scammers and extractors. they left because they couldn't risk losing more after grinding for so long.
and yeah, I really think creator fees ruined the trenches and killed good memes and communities. It made holding memes risky, while deploying had no risk but big rewards.
It's not the market's fault. If you blame the whole crypto market, you're way off. In slow times before, we'd still get a few good runners in the trenches. but now, even great narratives can't make it.
how to fix it and my suggestions:
rethink launch mechanics
there should be two paths, normal launch and CCM launch. normal launches for memes, projects and nonstop deployers with no creator fees. CCM for streamers, but they have to earn it first.
creator fees
streamers and creators need to stream without a token for at least a week or a month to build their audience. then they apply to launch and pf mods decide if they're legit. even after approval, lock the fees for a month and get the okay from holders, the community and mods.
Vesting: split the fees into 12 parts and pay out one each month. that keeps them streaming and stops them from claiming the fees and ditching. If they bail, let people report it to the mods to block the fees and return the money to holders or traders.
airdrop
airdropping $pump to the community is a solid move, alon should do it. but without real changes, it'll just spike volume for a couple weeks before everything goes quiet again.
another great option: stream without a token
let people stream without ever launching a token.
big names don't want to risk their rep on something that could tank. If the price drops even a bit, people start attacking, scaring off anyone trying to build for real and they just leave crypto. @cobie talked about this and skipped streaming on pumpfun because of it. pf team fumbled a huge opportunity, but they can still turn it around.
there are tons of ways to reward streamers and creators without forcing a token launch and all that risk. like letting people donate with $pump token etc.
It's wild that with some simple rules, alon could revive the trenches and turn pumpfun into a pro crypto and streaming platform that competes with Twitch, while protecting the most important users: the traders. but he refuses because their goal is "increasing the number of unique creators" and he thinks creator fees maximize success odds, even if it means traders lose money. he sees that as good for the space.
@a1lon9 if you don't fix this, pf won't last and forget about taking on twitch. If you ignore the community and the OGs, someone else will build something better and win everyone over. (but I don't see that happening this cycle. most real builders are gone, replaced by greedy types. we'll have to wait for the bear market.)
these are just my thoughts out loud but I'm sure there are big brains in CT with better ideas.
tagging some geniuses:
@0xuberM
@rainsrevenge
@0xIT4I
@0xRiver8
@CookerFlips
@nightcore
@solvenant
@ShockedJS
@Quanterty
@frankdegods
@Credib1eGuy
@gu8ap
@Euris_x
@KayTheDoc
@dethective
@exitliquid1ty
sorry for the ping, guys. It'd be great if you share your thoughts, the ecosystem compounds when we do.
one last thing:
"1 SOL and a dream" is dead. the dream remains dead. and we have killed it. - UberMendes
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AI peeps, you can pivot back to crypto now. In fact, you might have to if you want to work on AGI.
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don't get me wrong, bear markets are ass
however, there's still no better ecosystem on the planet to be a part of if your dream is to escape the permanent underclass
quitting at the depths of a bear market is arguably the worst thing anyone can do.
the bull market froth may have evaporated
but what's left?
a LOT, actually.
countless tech projects, memecoins, bounties & a literal onchain game are still building & succeeding.
it may not be buy-and-logoff season, but opportunity is ABSOLUTELY present on @Pumpfun!
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Kimmel’s hateful and violent rhetoric is intended to divide our country. His monologue about my family isn’t comedy- his words are corrosive and deepens the political sickness within America.
People like Kimmel shouldn’t have the opportunity to enter our homes each evening to spread hate.
A coward, Kimmel hides behind ABC because he knows the network will keep running cover to protect him.
Enough is enough. It is time for ABC to take a stand. How many times will ABC’s leadership enable Kimmel’s atrocious behavior at the expense of our community.
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Aren’t we all sick of seeing our president get shot at? Four times now and he doesn't back down. In fact, it's reported he's may go back to give his speech. How can you not respect this man for his tenacity to never cower among such evil?
Trump is who you want in your corner.
generational fumble by Anthropic
Peter Steinberger is joining OpenAI to drive the next generation of personal agents. He is a genius with a lot of amazing ideas about the future of very smart agents interacting with each other to do very useful things for people. We expect this will quickly become core to our product offerings.
OpenClaw will live in a foundation as an open source project that OpenAI will continue to support. The future is going to be extremely multi-agent and it's important to us to support open source as part of that.
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i cannot wait to gravedance on prediction markets
this is being psyoped as "the next big thing for crypto"
when in reality it is just repackaged gambling on steroids
this is not a wealth building tool, it is purely casino
is there any way to see which country my account was first registered in?
bought this OG handle from this guy (Genshin) about a year ago, 0 followers and never touched by anyone before me. i have zero clue where it was created
the greatest rewards in life go to those who can show up every single day even when the rewards are uncertain. the one who can tolerate the most uncertainty is the one who will eventually win.
round tripped a ton but given the market mess, I haven't done too bad.
$WOJAK 832x | $MONEROCHAN 637x
$NOTHING 254x | $PIGGER 189x
bonus: got any good trading tips for newbies? drop it below my post. one random winner gets 0.5 sol.
gl
That's the type of nonsense from 2017 & 2021
no one cares about decentralization and it doesn't matter at all
ppl are here to make money, including you
just don't keep your assets in coinbase, kraken etc. and you'll be fine
