Exclusive Interview with Brother Duck M: In the Post-Meme Era, How to Reclaim Social Value Beyond Hype?

CN
12 hours ago

“What is the main issue with most Meme coins?

Early hype drives up prices, retail investors FOMO in, project teams cash out and leave, and the community is left in disarray.

We have seen enough of this script.

$FDUCK aims to: allocate 20% of transaction taxes as airdrop rewards based on the weight of long-term holders.

This allows those who truly accompany Fang Duck and believe in Fang Duck to

gain their own rewards while contributing love.

We hope to establish a mechanism where long-termists can achieve excess returns.”

This text appears in the introduction of the “Orange Airdrop Plan” on the official X account of “Fang Duck Caring for Autistic Children” and stands out as particularly “different” in my information feed.

Since last year, Meme has gone through 4 to 5 waves of popularity and countless short-lived trends, and now operations are becoming increasingly abstract, clearly defined, and one-off, continuously attracting newcomers while constantly washing away the hearts of the old. Meme has produced a group of brave individuals who can quickly identify (and even revise) gameplay rules, but it has also washed away many heroes and nameless individuals like waves.

On this day, as the Meme market enters another winter, what is FDUCK that allows users to “gain rewards while contributing love”? Is it just a gimmick, hype, or something else? Can the concept be effectively implemented? With curiosity, I engaged in a video conversation with M, a representative from the Fang Duck (FDUCK) community, and summarized the highlights of our interview as follows:

Could you please briefly introduce yourself, M? What experiences did you have before Fang Duck?

Hello, I am M on X, known as M_420.69X in the community.

In 2021, I transitioned from Web2 to Web3, helping artists participate in the NFT space.

At the end of last year, through my involvement with artists' NFTs, I began to truly understand the “crypto world,” especially the KOL ecosystem.

When did the Fang Duck community start? What were its initial intentions and development process?

Fang Duck was born in mid-September this year.

The Fang Duck community started on Solana, but looking back, it clearly missed the golden moment of Solana Meme. After the CTO, we shifted to BSC, joining “Big Brother” (CZ), where the popular Giggle provides English education opportunities for African children. We prioritize focusing on autistic children in China.

_(Note: On November 6, CZ posted on X stating, _Giggle Academy currently provides free education to 70,000 children.)

During the ecological migration, the old contract was mapped to the new contract, distributing new tokens to the original holding addresses in equal amounts. At the same time, we changed the name from Fangya to FDUCK (abbreviation for Finn Duck), making it more international and easier for more people to understand.

As a community, Fang Duck's main platforms are the TG group (1000+ members) and Chinese and English X (500+ and 400+ followers).

There are many kind-hearted individuals in the community, and some members gradually contribute their strengths to build together, forming a stronger cohesion.

Why choose to start public welfare donations for autistic children?

My partner teaches autistic children, and the fees in this field are high, but she voluntarily proposed free education, which is very precious.

I personally donated 16,000 yuan to a charity in May 2021, noting that I hoped to help autistic children.

However, perhaps at that time I couldn't find a more specialized foundation and felt unable to understand the implementation of the donation, which led to the idea of creating a more transparent donation platform using Web3 technology, governance, and spirit.

What is the specific donation process? How does the experience of donors differ between Fang Duck and traditional public welfare platforms?

In summary, FDUCK relies on taxes to raise funds and make donations. The specifics can be referenced in its "Warm Economics" model:

  • Income side: 3% transaction tax is automatically collected;
  • Expenditure side: 60% of tax funds for public welfare donations + 20% for token buyback and destruction and airdrop incentives + 20% for community operations and volunteer salaries;
  • Governance side: community co-governance, regular meetings for voting, all fund usage details are recorded, transparent and public, and can be viewed directly.

To ensure compliance, the Fang Duck Autism Children Foundation ultimately delivers the donations to the recipients through a partnered special fund.

In terms of starting point and philosophy, Fang Duck is no different from other public welfare platforms; donors have the freedom to choose. However, in terms of transparency, we have made our backend panel public, which includes donation timelines, anonymized recipient information, donor nicknames, community donation and expenditure details, community wallet addresses, and a series of other information.

On this webpage, anyone can clearly understand the progress and the flow of funds. Donors can also leave messages for specific recipients, enhancing the sense of feedback.

Another aspect of transparency can be seen in Fang Duck's YouTube channel, which includes videos of community visits to families with autistic children.

What is Fang Duck's actual income currently? When was the most recent donation made? How can transaction tax revenue be maintained in the long term?

At the beginning of October, FDUCK's market cap rose from $30,000 to $50,000, and it recently exceeded $400,000, with total revenue around 37 BNB.

The most recent donation was made on November 6, when Fang Duck visited a family with autistic children in Chongqing; the next donation is planned for over ten autistic children in Shanxi.

On the webpage publicly disclosed by the Fang Duck community, it can also be seen that a kind-hearted individual with the nickname “Squirrel Knight” donated 1,000 yuan to Family No. 6 in Chongqing, which is very transparent.

This is something Fang Duck hopes to start immediately and continue for a long time.

How is the donation plan formulated? What is the governance process of the community?

Fang Duck is still in its early stages, currently holding weekly governance meetings to discuss compliance paths, donation rhythms, reward mechanisms, supervision mechanisms, and various other topics, gradually improving and standardizing.

Technically, we use a multi-signature wallet to avoid single-point risks.

This week, Fang Duck will release a white paper containing more details about governance and implementation.

How do donors learn about Fang Duck? What methods can be used to create a broader social appeal from a “single-point effort”?

To be honest, it’s about slowly gathering and building trust—initially, Fang Duck was suspected of being a gimmick or a scam, but as the number of donors gradually increased, and the project continued to take action, more people felt the sincerity and kindness.

Additionally, kind-hearted KOLs in the community have been sharing our content for free, supporting and spreading the word, allowing more people to see and join; I sincerely appreciate this and it has ignited hope in the community.

Here, I want to thank all the members of the Fang Duck community for their efforts in promoting, publicizing, and showing love; I also want to thank KOLs like Sister Yang, Street Fighter, Mo Jin, Emperor, and Hong Kong Wang Fugui for their strong support.

How do you view the current market environment and themes for Meme?

Meme is receding, which is reflected in the prices of most coins falling. I believe Meme often detaches from reality, but I am optimistic about the future landing and real use cases and value of Meme.

The Fang Duck community aims at real use case scenarios, not just pure speculation; being open and transparent represents the good in crypto; from an economic perspective, taxes + airdrops + buybacks and destruction will ensure the long-term development of the project.

I hope to help more autistic children through Meme and the community.

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