Briefly
- Grownup movie model Pretend Taxi is behind one of many prime creator cash on Zora.
- The model guarantees unique perks for prime holders and a long-term imaginative and prescient for the token.
- Zora has clawed its method into the token launchpad wars, launching hundreds every day alongside Pump.enjoyable and LetsBonk.
The taxi rides could also be faux, however the coin is actual. Actuality porn firm Pretend Taxi has launched a “creator coin,” a brand new spin on social tokens and meme cash, by way of Zora on Base. And it’s rushing up the charts.
Since rebranding to turn into the house of creator cash on Coinbase’s Ethereum layer-2 community Base, Zora has launched hundreds of various creators to its platform, which “cash” or creates a token for every publish and profile created.
None have been as profitable because the Pretend Taxi Coin, which trades as FAKETAXI, the token launched by the U.Okay.-based grownup movie firm Pretend Taxi. The corporate has been round since 2013, and makes roughly $8 million in yearly income from its content material, in response to knowledge from RocketReach and Zoominfo.
Buying and selling at a $10 million market cap as of Thursday afternoon, Pretend Taxi’s token tops the Zora’s creator charts, greater than doubling the market cap of tokens for well-liked creator and artist Jack Butcher and the Zora co-founder Jacob Horne.
“FAKETAXI is the official token of FakeTaxi.com. Absolutely backed and supported by the unique founders and house owners,” an X account related to the official Pretend Taxi account posted in its “Backseat Manifesto,” the official declaration of its token targets. “As lovers of crypto and all issues on-chain, we’ve been within the trenches alongside you, and now it’s time to carve out our personal path on the blockchain.”
In response to the manifesto, proudly owning the token will present holder perks like content material leaks and storyboard discussions, with behind the scenes content material and video chats with performers. The content material might be made obtainable to these within the “Backset Billionaires Membership,” a set of holders that keep not less than 1,000,000 FAKETAXI tokens, or round $10,500 price at present costs.
The token has shortly gained in recognition, attracting greater than 1,000 particular person holders in response to on-chain analytics software DEXScreener since launching a pair weeks in the past.
The eye comes at a vital time within the token launchpad wars, as Zora goals to realize launchpad market share from main platforms like Pump.enjoyable and LetsBonk, which have been dueling for supremacy on the speedy Solana community for the previous couple of months.
Although beforehand dominated by Pump.enjoyable, LetsBonk surged to a number one market share in every day tokens created in early July, and has prolonged its lead since then. However that share has diminished, in the end being flipped emphatically by Pump.enjoyable on Wednesday when the platform launched 24,081 tokens, or six occasions extra tokens than LetsBonk, in response to knowledge from the Memecoin Wars Dune dashboard.
Zora has ceaselessly surpassed that quantity since its pivot to creator cash, however not all tokens are created equal.
Main tokens from Pump.enjoyable and LetsBonk, like FARTCOIN and USELESS, maintain $995 million and $205 million market caps, respectively–far surpassing the $10 million market cap that FAKETAXI boasts for Zora.
That’s unlikely to discourage FAKETAXI group members although, who’ve adopted the slogan, “Do not ask the place we’re going, simply get in.”
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