Evan Van Ness 🧉
Evan Van Ness 🧉|May 21, 2025 19:55
IDEA: Community rollup PROBLEM: The Ethereum community believes in rollups, but no individual rollup has gotten the buy-in of the Ethereum community. It's not obvious where to deploy if you're a founder and no specific rollup effectively promotes you even if you deploy there. The rollup tokens are all *down only* as VCs relentlessly dump their tokens. (You can literally look at one major rollup and see the large red candle on the first day of every month 👀) SOLUTION: 1. Give out the community rollup's token in the genesis block to everyone who holds ETH. If you hold 100 ETH, you get 100 community rollup tokens. Exact same supply as ETH to start with. No tax liability means no intrinsic sell pressure. If you hold ETH, you have the same stake in this community rollup as you have in ETH. 2. Direct sequencer fees to buy the community token onchain. Native and constant buy pressure with every block. 3. Find influencers who will promote apps on the community rollup. Revocable Sablier streams assure that they promote apps. If you deploy on community rollup, not only does the entire ETH community have a direct stake in your success, but you are guaranteed a level of marketing that no other chain has. HOW DO I MAKE MONEY, EVAN? Two ways 1. Take the allocation of all ETH that has been hacked (don't give any tokens to North Korea, that's yours). Also take frozen ETH (eg, the Polkadot ICO), etc. 2. Sequencer fees. Assume 50% of sequencer fees go to buy the token in an AMM onchain, in a successful rollup, this will still be millions of dollars a month that can go into ensuring that community rollup is THE place to deploy. Strong focus on devrel and BD. Become the Ethereum BD team that we so desperately need. WHY WOULDN'T THIS WORK? 1. No airdrop hunters. Lots of the users on Base are hunting an airdrop (which may never come). There won't be an airdrop here. You just care because you got the tokens based on your ETH. 2. No liquidity incentives. Giving out the token in the genesis block means there's no incentives to bring liquidity. 3. XKCD cartoon about standards. Community doesn't care about having a token. Team isn't legit enough and/or community rollup isn't seen as a long-term project. You need to recruit the right team to show that you'll be a leading tech in the long-term. (personally I think it's guaranteed to work if you execute well) WHAT TECH STACK WOULD YOU USE? tbh I don't really think it matters. There are multiple stacks that are adequate. Blockspace is a commodity. What matters is execution and getting the ETH community to care. ISN'T HAVING NO TOKEN BETTER? Lol, no. If anything should intrinsically have a token, it's a chain. A direct financial incentive via token is fundamental. I have more ideas around this, DM if you're interested.
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