In the fast-paced world of blockchain and crypto, new trends pop up almost daily. One that's been buzzing lately is "App Coin Season" on the Base network. But what exactly does that mean? Thanks to a insightful thread from Toady Hawk (@toady_hawk), we get a clear breakdown of App Coins—also known as Project Coins—and why they're gaining traction.
Toady Hawk, a key player in onchain experimentation and founder of projects like @betrmint and @basedandyellow, kicked off his thread with a vibrant visual that screams autumn vibes.
According to Hawk, an App Coin is more than just a token; it's a multifaceted asset that ties directly into an application's ecosystem. Here's how he defines it:
Memetic Representation: It embodies the app project in a fun, shareable way, often leaning into meme culture to build hype.
Functional Utility: The token does something meaningful within the app, like enabling features or transactions.
User Rewards: Holders or users get perks, such as airdrops, staking rewards, or revenue shares.
Community Building: It fosters a dedicated group of fans around the app.
Alignment of Interests: Founders, users, and supporters are all incentivized to grow the project together.
Fair Launch: Typically launched equitably on platforms like @clankeronbase via @farcaster_xyz or @baseapp, ensuring everyone buys in at a fair price.
Hawk emphasizes betting on builders, highlighting that these tokens are about supporting real innovation. He even shouts out his own project, $BETR from @betrmint, as a prime example.
Top App Coins to Watch
Diving deeper, Hawk shares his favorite App Coins, each tied to innovative apps on Base. These aren't just memes; they're tokens with real utility in their ecosystems. Let's break them down:
$BETR (@betrmint): Hawk's brainchild, co-founded with @netnose. $BETR integrates into viral loops within the app and shares daily revenue with stakers. It's a model for how tokens can drive user engagement.
$CLANKER (@clankeronbase): One of the originals on Farcaster. With recent acquisitions and programmatic buybacks from fees, it's got strong flywheels for growth.
$BNKR (@bankrbot): A serendipitous meme turned ecosystem token by @0xDeployer and @MLeeJr. Staking features are on the horizon, adding more value.
$VEIL (@Veildotcash): Focused on privacy, this token from @apex_ether lets stakers earn from the best mixer on Base.
$BRACKY (@BrackyHQ): Built by @tldr_x, it's an agentic platform for sports betting and prediction markets, with $BRACKY at its core.
$TIPN (@tipnearn): From @kompreni and @niftytime, this tipping protocol on Farcaster might soon join the Clanker ranks.
$OPSYS (@fffflood): A unique take where users lock tokens for design consultations from a top designer.
Hawk also mentions other gems like $NATIVE (@nativeonbase), $MINTEDMERCH (@MintedMerchShop), $EMERGE (@tryEmerge), $CHECKR (@checkrsocial), and $LIKES (@likesdotfun).
Looking ahead, keep an eye on upcoming launches: $RIPS (@ripsapp) and $DEN (@dendotshow).
Beyond App Coins: Project Coins Like $SKY
Not stopping at apps, Hawk spotlights $SKY from @skycastletokens. This one's a Project Coin with a compounding NAV model, acting as an incubator for Base and Farcaster founders. With a deep advisor network (including Hawk himself), it's bullish for the ecosystem.
Why App Coin Autumn Matters for Meme Tokens
As we head into what Hawk calls "App Coin Autumn," this trend blends meme culture with practical blockchain apps. For meme token enthusiasts, it's a shift toward tokens with staying power—ones that reward participation and build communities. On Base, fair launches level the playing field, making it accessible for anyone to join early.
If you're into crypto, this could be the season to explore these projects. Check out the full thread here for more context, and stay tuned to Meme Insider for updates on emerging trends in the meme token space.