Announcing Our Lead Investment in Trendies

Ash Egan

Behind every successful idea is the community that brought it to life.

But creating a community to begin with is a huge undertaking. Attracting the right people, aligning incentives, and organizing around a common goal are all hurdles that every community must overcome to get off the ground. And once a community does gain momentum, capturing value around their products and ideas presents an entirely new set of challenges.

While crypto may have given us the tools to more easily capture the value of ideas in the form of tokens, directing that value back to its community is still an area ripe for improvement. It’s all too common for a dedicated group to build up a strong narrative from scratch, only to see a large portion of the value they’ve created fall into the hands of opportunistic or misaligned actors once their creation has reached scale. This friction in jumpstarting a community, as well as the disconnect between the value captured by a token and the value that makes its way back to its truest supporters, are the exact problems that Trendies is creating solutions to.

Trendies is the first launchpad built for holders. With a unique focus on creating community coins with more sustainable tokenomics, Trendies has built features for attracting and rewarding long-term holders, content producers, meme creators, community stewards, and other high-value members directly into the app’s core UX.

Launching a community coin on Trendies is simple, requiring about $0.10 of Base ETH and a few clicks. This creates a homepage that serves as the community hub, showcasing the coin’s top holders, content, and creators, in addition to the usual charts. Anyone can contribute by creating memes, writeups, and other marketing content, or by importing posts from X or Warpcast. Holders can then like content within their communities, earning rewards for the content creator and themselves. Holders even receive reward bonuses by staking their coins, effectively signaling their long-term alignment.

Trendies’ emphasis on rewarding holders and creators shifts the focus from short-term speculation to sustainable community coordination. Even after a community’s token reaches scale and graduates to Uniswap (after 4 ETH of tokens have been bought on the initial bonding curve), 75% of coin supply is allocated to a rewards treasury and distributed to holders and active community members over time.

For every Trendies launch, long-term holders always end up with the majority of supply.

Perhaps most importantly, Trendies puts these community contributions front and center. Like the News Feed that enticed Facebook users to return to the app every day, a Trendies coin homepage acts as the community’s go-to meeting place that feels live and engaging. Aggregating community conversation and content in this way makes for streamlined, crypto-native discovery that isn’t possible on similar dapps.

With Trendies serving as the homebase, any community can launch a coin and treat their holders as first class citizens.

We’re thrilled to lead the $1.75M Pre-seed round for Trendies and work alongside Everett, Lucas, and the rest of the Trendies team as they create the fairest community launchpad and reimagine the power of community coins.

Want to join the team? Trendies is hiring a Founding Engineer and Growth Lead. You can find more info here: http://trendies-careers.notion.site 

Trendies Website | Trendies Telegram | Trendies on X | Trendies Docs

accelerating the decentralized future

Announcing Our Lead Investment in Trendies

October 10, 2024
 | 
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Behind every successful idea is the community that brought it to life.

But creating a community to begin with is a huge undertaking. Attracting the right people, aligning incentives, and organizing around a common goal are all hurdles that every community must overcome to get off the ground. And once a community does gain momentum, capturing value around their products and ideas presents an entirely new set of challenges.

While crypto may have given us the tools to more easily capture the value of ideas in the form of tokens, directing that value back to its community is still an area ripe for improvement. It’s all too common for a dedicated group to build up a strong narrative from scratch, only to see a large portion of the value they’ve created fall into the hands of opportunistic or misaligned actors once their creation has reached scale. This friction in jumpstarting a community, as well as the disconnect between the value captured by a token and the value that makes its way back to its truest supporters, are the exact problems that Trendies is creating solutions to.

Trendies is the first launchpad built for holders. With a unique focus on creating community coins with more sustainable tokenomics, Trendies has built features for attracting and rewarding long-term holders, content producers, meme creators, community stewards, and other high-value members directly into the app’s core UX.

Launching a community coin on Trendies is simple, requiring about $0.10 of Base ETH and a few clicks. This creates a homepage that serves as the community hub, showcasing the coin’s top holders, content, and creators, in addition to the usual charts. Anyone can contribute by creating memes, writeups, and other marketing content, or by importing posts from X or Warpcast. Holders can then like content within their communities, earning rewards for the content creator and themselves. Holders even receive reward bonuses by staking their coins, effectively signaling their long-term alignment.

Trendies’ emphasis on rewarding holders and creators shifts the focus from short-term speculation to sustainable community coordination. Even after a community’s token reaches scale and graduates to Uniswap (after 4 ETH of tokens have been bought on the initial bonding curve), 75% of coin supply is allocated to a rewards treasury and distributed to holders and active community members over time.

For every Trendies launch, long-term holders always end up with the majority of supply.

Perhaps most importantly, Trendies puts these community contributions front and center. Like the News Feed that enticed Facebook users to return to the app every day, a Trendies coin homepage acts as the community’s go-to meeting place that feels live and engaging. Aggregating community conversation and content in this way makes for streamlined, crypto-native discovery that isn’t possible on similar dapps.

With Trendies serving as the homebase, any community can launch a coin and treat their holders as first class citizens.

We’re thrilled to lead the $1.75M Pre-seed round for Trendies and work alongside Everett, Lucas, and the rest of the Trendies team as they create the fairest community launchpad and reimagine the power of community coins.

Want to join the team? Trendies is hiring a Founding Engineer and Growth Lead. You can find more info here: http://trendies-careers.notion.site 

Trendies Website | Trendies Telegram | Trendies on X | Trendies Docs

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accelerating the decentralized future
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