【clanker】AI agent that can issue meme coins for posts on Warpcast / Over 7,000 tokens issued in 3 weeks of release, market cap over $100M / Vitalik also purchased / @_proxystudio
This is a very exciting use case for AI agents.
Good morning.
Mitsui from web3 researcher.
Today I researched "CLANKER".
🔵What is clanker?
💥Reasons for its birth and explosion of popularity
💬Innovation is born out of isolation.span>
🔵What is clanker?
clanker" is an AI-agent-based meme-coin issuing platform on Warpcast, Base's decentralized social networking site, created by Jack Dishman, a full-stack engineer at Farcaster, and Farcaster-based venture studio Proxy.The "clanker" was created by Jack Dishman, a full-stack engineer at Farcaster, and Farcaster-based venture studio Proxy.
The "clanker" is a post on Warpcast that simply states "@clanker the name, description, and photo of the token you wish to issue" and the token will be automatically issued.
For example, here is what you would post.
Then a token is created.
This token has just been launched at the time of research, but BaseScan shows that the total supply is 100 billion.The same is true for the other tokens, so it appears that the specification is for 100 billion tokens to be issued at a fixed rate (although the supply of tokens issued in the past may be as high as 1 million).(However, the supply of tokens issued in the past was sometimes 1 million, so this may have been changed along the way.)
Looking at the holder, it appears that a dedicated token contract is created, tokens are minted to it, and sales begin.
HPis like this, and you can see the new tokens.
💥The birth of and the explosion of its popularity
This "clanker" is now taking Base by storm.It was released on November 8 and has generated 7,128 tokens to date.
It has already earned $8,994,652 in about 3 weeks so far.
This ranks 29th among all protocols, including blockchain; Pump fun ranks 8th, but is second only to it on the meme coin platform.
In addition, the market cap for the top 100 Clanker-issued issues exceeds $100 million.
Let me explain the background behind the popularity of this product.Three main tokens have driven this popularity.The top three market caps are CLANKER, ANON, and LUM.
CLANKER, as the service is named, was the first token issued by clanker.Although not a token specifically related to the economics of the service, it became popular because it was the first token to bear the name of the service.
The next token, "ANON," bears the name of a product that uses the ZK privacy feature for anonymous posting called anoncast.It was originally deployed by anonymous users posting to Supercast's anonymous posting account Superanon, a third-party client of Farcaster.Many users then airdropped $ANON to Supercast founder woj, who airdropped $ANON, and the community grew.
Joining the wave was Ethereum founder Vitalik Buterin, who mentioned anoncast four times on last week's Warpcast and discussed ways to improve the product with engineers. On November 21, Vitalik personally purchased ANON tokens, and since Vitalik rarely purchases meme tokens personally, that added to the phenomenon and made ANON even more exciting.
The community continues to thrive, and on November 27, anoncast released anonfun, which allows users to issue tokens anonymously.Information posted here will reach the clanker via anocast and be issued.
The last one, "LUM", is a token issued by AIs talking to each other. naaate, a Farcaster user, asked the AI agent aethernet to issue a token, and aethernet asked another AI, clanker, to issue a token.The two AIs talked to each other and successfully issued the token LUM.
The event was quite exciting, with the narrative of token issuance through AI to AI conversations.
After all of this excitement, clanker implemented the ability to return 40% of transaction fees to the token issuer.
In addition, a protocol called OpenRank has created a score site to evaluate Clanker tokens, and the surrounding ecosystem is gaining momentum.
And I personally found this AI agent trading bot called "bankr" to be a pretty advanced initiative: in a Warpcast post, you put in "@bankr Name of token you want to trade Amount" and it will go buy tokens issued by the clanker on its own!The swap fee is 0.25% of the total amount of tokens.Swap commission is 0.8%.(Credit is not known as it was just launched a day ago)
Perhaps as a future development, it will be possible to set conditions such as the number of holders reaching 30 or more after being issued by a clanker, and to automatically go buy tokens that are muttered 30 or more times on the social feed.This seems to embody the trading mechanism of AI agents, where tokens are issued in the social feed and tokens are traded in the social feed.
The clanker itself, but also the mechanism around it, is interesting.
💬Innovation comes from isolation
The last one is a consideration.
CLANKER very interesting.To be honest, I haven't touched Warpcast that much recently, but I feel that Warpcast will continue to be at the center of the crypto scene.
X is still more convenient in terms of number of users, but Warpcast has a completely different ecosystem open to it.In an ecosystem where everyone is crypto-native and on-chain, new experiences are implemented one after another.I got the sense that what is implemented here will be the default when web3 becomes the norm in a few months or years.
As much as the transition to social networking is a hurdle, Warpcast is kind of closed off.Therefore, people who like crypto are quietly continuing to create new experiences and technologies without getting too excited.
I have heard a lot about the rise of AI agents in Base and Virtual Protocol, but not so much about clankers.However, my research revealed that it is already quite active and has spread to the surrounding ecosystem.
I think it is important to get involved in the community while touching this area myself, so I will touch Warpcast again, as well as clanker and its surroundings.I will post more information if there are any developments!
This is the research for "CLANKER"!
🔗Reference/image credit: HP / X
Disclaimer：I carefully examine and write the information that I research, but since it is personally operated and there are many parts with English sources, there may be some paraphrasing or incorrect information. Please understand. Also, there may be introductions of Dapps, NFTs, and tokens in the articles, but there is absolutely no solicitation purpose. Please purchase and use them at your own risk.
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mitsui
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