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Building in Public: Strategies from Open AGI Summit for Meme Token Growth

Building in Public: Strategies from Open AGI Summit for Meme Token Growth

In the fast-paced world of blockchain, where meme tokens can skyrocket or crash based on community vibes alone, building in public isn't just a buzzword—it's a survival tactic. The recent panel at the Open AGI Summit, titled "Building in Public: Open Source Growth Strategies," brought together top minds from Ethereum, Oasis Protocol, Chainlink, Consensys, and EigenLayer. Their discussion? How to grow open source projects through transparency, real-time shipping, and community engagement. For meme token creators, these tips could be the difference between a fleeting pump and a lasting cult following.

Panel discussion at Open AGI Summit

The panel kicked off with definitions that hit home for anyone who's launched a meme coin on a whim. Marko Stokić from Oasis Protocol nailed it: building in public is about "trust and transparency and ways to teach and learn." Think about it—in the meme token game, where scams lurk around every corner, showing your work openly builds credibility. No more shady devs hiding behind anonymous profiles; instead, share your roadmap, code snippets, and even your mess-ups to foster genuine trust.

Austin Griffin of the Ethereum Foundation echoed this, emphasizing community inclusion: "Building also tooling for the community to enable the community is something that is key for everyone and key for like the space to grow." Meme tokens thrive on hype, but sustainable ones empower their holders. Imagine creating simple tools—like a meme generator or a staking dashboard—that let your community contribute. It's like turning your token's Discord into a collaborative workshop, where ideas turn into viral content overnight.

Solange Gueiros from Chainlink brought a relatable angle: "My secret power is being a dumbass. If I can figure out how to explain it to myself, then I can figure out how to explain it to other people." This is gold for meme creators. Technical jargon can alienate potential holders, so break it down. Use simple tutorials or funny explainer videos to onboard noobs. Remember, memes are about accessibility—make your token's story as easy to grasp as a Doge pic.

Francesco Andreoli of Consensys highlighted the raw side: showing failures live helps others "get over their own things." In meme land, this translates to turning bugs or dips into meme fodder. Post about that smart contract hiccup with a humorous twist, and watch your community rally. It's authentic marketing without the sleaze.

Nader Dabit from EigenLayer stressed avoiding overt sales pitches: "Developers hate to be marketed to but they love to solve problems." For meme tokens, focus on fun utilities or games that tie into your theme. Build something cool, share the process publicly, and let the community spread the word. Metrics? Track engagement like spikes in holders after a tutorial drop or GitHub stars on your open source repo.

The experts also touched on challenges, like balancing transparency with security—don't open source everything if it risks hacks. And for funding? Pair your tech savvy with distribution pros to attract investors without losing that grassroots feel.

This panel, shared via a clip on X by @openagisummit, links to the full talk on YouTube. It's a must-watch for anyone eyeing the next big meme token launch. By adopting these strategies, you can turn your project from a quick flip to a community powerhouse, all while keeping things open and fun in true blockchain spirit.

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