Hello everyone, today I will bring you Werich's beginner's tutorial on how to start a community meme fairly at 0 cost without adding pools.
What is Werich?
According to rootdata and chaincatcher, werich announced a financing amount of $2M yesterday, led by Animoca and Folius ventures, which provided strong endorsement and resource support for werich.
Animoca is a venture capital company founded in 2014. Its investment portfolio includes many top projects such as Ton, opensea, polygon, YGG, kreken exchange, Yuga labs, etc. It has frequent investments, strong strength, comprehensive layout, and is frequently active in the primary market. They can be seen behind most projects.
Folius ventures focuses on investing, spreading and helping to build Web3 startups. It can be observed from its investment portfolio that it prefers infrastructure, games, social networking and defi. The four together account for 75% of the investment portfolio. Their investment portfolio also includes top projects such as NEAR, STEPN, Galxe, nansen, debank, etc.
The labels of Werich on RootData are not only meme, but also DeFi and social. Judging from the introduction released yesterday, Werich also has AI attributes.
Rootdata information at a glance:
https://www.rootdata.com/zh/Projects/detail/We.Rich?k=MTI2MDM%3D
Chaincatcher financing news:
https://www.chaincatcher.com/article/2136282
For a detailed analysis of Werich, please refer to this article published on Techflow.
https://www.techflowpost.com/article/detail_19415.html
There is not much information about the team on rootdata, but according to the introduction, we can see
We.Rich's team includes professionals from technology giants such as Tinder and Microsoft, and has participated in the development of Tinder's recommendation system.
At the same time, the introduction also mentioned the Werich token, $RICH, for the first time.
In terms of token distribution, We.Rich will directly link the future distribution of $RICH to the user's contribution on the platform. The distribution weight will be measured by multiple dimensions such as the number, quality and transaction volume of assets created, ensuring that community users who participate in the interaction early will receive a certain proportion of $RICH token airdrops, ensuring that early participants and active contributors to the community can obtain fair returns.
In the future $RICH the use cases of tokens will cover multiple aspects, including but not limited to transaction fee repurchase, staking rewards and other diverse ecological value capture.
Just today, Coinbase announced the list of winning projects for the Onchain Summer Marathon, and Werich was on the list.
https://base.mirror.xyz/p_A3ZxaBUEcpWwTf9_Yg-jnlOro8m8Ypc8LEDnA_ZRk
Another thing to note here is the official Twitter of Werich, which has many top project team members following it, such as the founder of Memeland, the chief revenue officer of STEPN, the co-founder and CMO of DODO, the partner of Dragonfly Capital, the co-founder of Ankr, the founder of dejob, the co-founder of IZUMI, etc.
This lineup is very powerful. With the support and resource help of multiple top projects, werich's future will definitely not be simple. I recommend that friends must follow and add the little bell.
After the project introduction, we will go back to werich's website to teach you step by step how to publish a meme token on werich's website, and it does not require any fees, not even GAS fees.
First we need to open werich's official website:
Click on the picture to view the specific functions and introduction.
After having a general understanding of the overall layout and various functions, let's take a deeper look. First, we need to link the wallet. Here I choose Coinbase's smart wallet because of the strong support of the base network. Currently, using Coinbase's smart wallet to interact on Werich can be done without gas.
Of course, you can also choose other wallets, including metamask and other mainstream wallets that support linking to the werich website and using it.
https://x.com/werich_/status/1815720903755649280?s=46&t=nu38YEMeX0fBm6hul8OOsA
First create a wallet
Because Coinbase's smart wallet is bound to an account, you need to log in to the Windows account on the computer and set a password before creating it, or use other devices for verification, such as a USB flash drive, etc.
After logging in successfully, a link to fill in the invitation code will pop up. If you don’t have an invitation code yet, you can fill in ($_$)LM9GHR
In earn, you can see the rewards we received, including the transaction fee income for creating tokens and invitation rewards.
Transaction fee income means that when you create a token, as long as there are users buying and selling your token, you can get 20% of their transaction fees as a return.
The invitation reward is that when a friend you invite participates in a transaction, you can get 20% of his transaction fee as a reward.
There is another item from founder. When the token you launched is successfully listed, you will receive an additional 0.1ETH as a reward.
In ME, you can see your current holding value, holding types, and activated memes.
Next, let's publish a complete meme.
First click launch.
After filling in all the information, click Start below
Then a box will pop up. As a launcher, you can first purchase a certain amount of tokens to be issued. If you want fairness, you can also choose not to purchase and launch it fairly without any chips at all.
After startup, the wallet signature box will pop up to confirm the transaction to pay gas. Using Coinbase's smart wallet, you can pay for free, sponsored by we.rich.
After the startup is complete, you can see the complete meme interface, including the name, picture, introduction and other information we just set, as well as the generated contract address, K-line chart, price increase list, buy and sell links, and the listing on uniswap when it reaches the maximum of 3.3 ETH.
Scroll down on this page and you can see the transaction information below, including when it was released and who bought it after it was released. It is very transparent and concise, leaving no room for insider trading to escape. If the issuer buys it, it will be displayed here immediately and you can track and monitor it.
From now on, a complete meme is released, which does not require any technical support or code foundation. You only need a picture, a name, a profile, Twitter, TG, and a website. If you have the ability, you can choose to add them. If you don’t have them, you don’t need them.
There is no need to pay any fees. Traditionally, creating tokens requires adding LP. DEV needs to pay ETH and tokens to form a liquidity pool on Uniswap before other people can trade. However, this is not necessary in Werich. You can directly choose to buy or sell.
Then comes the operation phase. How to make this meme known to the public and bring you profits is the key to making money in the future.
You can share it on social media and in your circle of friends so that more friends can know about it.
Well, that’s the end of today’s tutorial. Go ahead and try to publish a MEME of your own.
