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100,000 NFTs sold out, Solana Blink ecosystem's first community token $SEND was launched

BlockBeats2024/07/11 10:10
By:BlockBeats
Original title: "Can $SEND around Solana Blink replicate the glory of $DEGEN?"
Original source: TechFlow



Two weeks ago, Solana's Blink became popular.


We have introduced in detail in "Interpreting Solana Blink: One-click embedding of on-chain operations into social media, and the end of going out of the circle is socialization?"


Blink allows on-chain functions to be embedded directly on Twitter, and various actions such as Swap, Mint and Donate on the chain can be completed by clicking on a tweet with one click.


But at that time, Blink only demonstrated the ability of "what I can do", and the matter of "how to do it specifically" was left open to the community and developers to explore.


Therefore, it is even more necessary for us to pay attention to new projects that work around Blink.


Speed is of the essence. Just a few days after Blink was released, an account named SEND (@thesendcoin) seemed to be fully prepared, and directly demonstrated 50+ use cases that can be done with Blink with detailed, vivid and real descriptions.



How come you have come up with all the use cases before I even started researching?


What is even more coincidental is that Blink was officially released on the 25th; the official account of SEND began to hint on the 24th that "Solana will make a big move this week, don't blink, send it"


It's almost as if I knew about Blink for a long time.


Another point that people have to pay attention to is that Solana founder Toly’s current top tweet is another 100 use cases of Blinks proposed by the SEND team, which is clearly promoting the project; combined with SEND’s prophetic posts, it is hard not to think of official support.



Do you think this is all about technology? There must be a taste of degen worth paying attention to.


What you may not know is that SEND directly launched a function to mint NFTs through a Twitter button a week ago, and NFT holders have the right to subsequent $SEND token airdrops.


And the introduction of the SEND project clearly states: SEND will be a community token to support Solana's Blink ecosystem.


Remember that Warpcast itself has no tokens, but it hatched community MEME coins such as DEGEN?


Farcaster --- CAST function --- $DEGEN, will the same path happen to Blink function --- $SEND?


100,000 NFTs, FOMO swept away


SEND wants to support the Blink ecosystem, and it has set a precedent by itself, and at the same time created a speculative FOMO.


On July 3, SEND posted directly on X, launching 100,000 Send It series NFTs, and combined with Blink's function, you can click the Collect button on the X page to mint.



With the "Allow ACTION on X.com" (support Blink's technical framework) function of the Phantom wallet, you can easily mint this NFT directly.


At the same time, SEND officially stipulates that every player holding NFT will have the opportunity to win a lottery with a bonus of 6.9 SOL; and will also receive more undisclosed airdrop rewards.


Considering that the SEND project also has its own "community coin $SEND", this undisclosed airdrop is likely to point to the $SEND token itself.



The combination of several gold shovel elements naturally led to a high level of FOMO, and the send it NFT was quickly sold out; as of press time, the floor price of this series on Tensor is around 0.42 SOL.


And it is obvious that the SEND official is also very good at making trouble. After the NFT was minted, it posted a link with the Blink function, indicating that you can no longer mint it, but you can still trade it (trade it), and you can directly buy this NFT with one click.



Send it at this time is more speculative, and the translated connotation is probably not to send the NFT floor price to the sky.


With technology, use cases, and fun, SEND around Blink really reminds people of the period when Warpcaster was popular, and MEME coins such as DEGEN ran out of the application.


From the community, to the community


The SEND official website is currently very simple, and no more token details and information about the institutions behind it are disclosed.


But from the purpose of the project creation and the use cases shown, it is more about serving the ecosystem that Blink can build in the future and the developers in it.


In the long tweet at the beginning of the article mentioning the 100+ Blinks use cases, SEND has clearly written that it welcomes other developers to implement similar use cases and actively contact them.



This is equivalent to saying that I have the ability to make samples myself, and I welcome more developers to build the Blink ecosystem.


Those who have been in the crypto circle for a long time know that it is difficult for you to stand out from the limited and disloyal attention with just courage and excellent technology; no matter what you do, you should leave room for imagination related to tokens.


SEND clearly embodies this feature, that is, I am not only doing technical development and ecological support in a Lei Feng style, I also have my own token $SEND, so this token itself is actually rooted in the community.


Although the official has not announced the specific cooperation model, we can actually boldly imagine whether those projects that cooperate with SEND to develop Blink use cases will be rewarded with SEND tokens?


And will users who use these use cases be rewarded with SEND tokens?


This is actually similar to the DEGEN/CAST/MEME tokens born in Farcaster or Warpcaster, that is:


All tokens are the best reward for early ecosystem construction and participation.


It’s just that DEGEN and other MEME coins grow and develop in a user-driven form, and users can get it if they are active; while SEND looks like both ends are working hard --- developers who build Blink use cases and users who use Blink have the possibility of obtaining SEND tokens.


Come from the community and go to the community.


People don’t hate the creation of a token out of thin air, but they hate that they can’t get the benefits of this creation.


Using this mentality, the SEND model can certainly continue, and as more people use Blink and share their airdrop experiences, a network effect will be generated.


However, with Farcaster’s daily active users reaching ATH and TON’s black and white dog instantly attracting 1 million fans, it is difficult to predict who will be a flash in the pan and who will have the last laugh.


But there is one thing we know.


Whoever pleases the community will have liquidity and attention.


Original link


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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