Loud is/was a SocialFi experiment on Solana that transforms social media engagement into tangible rewards through its native token. The $LOUD and the platform incentivizes yappers to generate attention by posting about Loud on X
Each week, trading fees from $LOUD transactions are pooled and distributed in SOL to the top 25 contributors based on their "mindshare" scores, which are calculated using Kaito AI's analytics.
This sounds like a whales game but the $LOUD TGE was something broader that I truly enjoyed. I was whitelisted on the tier 2 thanks to Kaito, and was able to get a decent stash of tokens!
Kaito AI played a crucial role by providing the infrastructure to quantify and rank social engagement. Its "Mindshare Leaderboard" technology ensures transparent and fair distribution of rewards, minimizing the potential for manipulation and bot activity.
The Tier 1 people were able to commit 0.2 $SOL for their allocation, while Tier 2 was more PvP and the allocation was on a first-come first-served. It went well but it went over-subscribed, so everyone's commitment into the second tier was reduced to 0.05 $SOL.
The $LOUD token launched through an Initial Attention Offering on the 31st of May, with 45% of the 1 billion token supply allocated to the IAO. The remaining supply was allocated 45% to initial liquidity, and 10% reserved for community programs and market making.
The presale fundraising went beyond 400 $SOL and the tier 2 people got 0.15 $SOL refunded and they got four times less than the tier 1 users. It was still a good deal when I claimed my $LOUD tokens, and it was decision time!
The 56,250 $LOUD I've received reached it's peak at $690 and I must admit I thought about holding it more in case it moons! However, the brain took over the degen feelings and I decided to sell!
This model created a self-reinforcing cycle, with increased social engagement leading to more trading activity. The system generates higher fees and, consequently, greater rewards for contributors.
It's an ongoing experiment in tokenizing attention and aligning incentives between content creators and traders. Let them experiment without me, as the 84x I've got on $LOUD must be recorded and glorified.
I sold the whole bag for 647 USDC, and decided to be loud no more. I enjoyed the experiment, I enjoyed the gains... and I enjoyed adding more $USDC in my crypto safety net. It's all good until stablecoins will stop being ... stable!
Residual Income:
Claim your Zerion XP!
Mindshare: Kaito / Cookie / Wallchain / Mindo
Play2Earn: Splinterlands & Holozing
Foarte bine!
!BBH
Looking alright
!BBH
Go, go brother!
!BBH
!BBH