Tribe.run

the first tribe (from @blingblingdev) is now migrated to @MeteoraAG all holders should have received the migrated token in their in-app wallets 4L7mKhWe1BayS4dkJKwaGE31HKQfkWPuJEMwYQ3pTFHq we are reviewing the process to ensure everything goes smoothly, so no plans to migrate additional tokens immediately.

Tribe v2 is here tokenized alpha groups w/ DEX migration + fee sharing 1. token moved to Meteora after hitting liquidity threshold 2. after migration, creator gets 0.5% trading fees & chat members get another 0.5% 3. can create multiple alpha groups (i.e. tribes) of any topic 4. available on iOS & Android first migration coming very soon. download the app now to get alpha

how tribe token migration works - token moved to DEX after hitting liquidity threshold * - creator & chat members both get a share of the trading fee - chat gated by the migrated token pending app store review

tribe is doing a system upgrade right now back online in 60 minutes

ahead of v2 launch, we will focus our energy on improving core features while removing things that don't meaningfully move the needle will be sunsetting both creator AMA and Billboard soon (might bring them back in the future in a new form)

where we are with @tribedotrun - preparing v2 launch where we'll introduce token migration + more chat utilities - new mobile app is live on app store, but still needs iterations - in v2 we'll spotlight active creators & help them succeed on Tribe feedback welcome

accelerate Tribe run

creator tokens -> internet capital markets

Tribe v2 will still focus on same core utilities: bet on creators & get alpha you can already download the mobile app on both iOS and Android (link below) more info to come later

we will be highlighting and supporting more creators like @finalcycle324 in Tribe v2 creator incentives incoming

we've shared TestFlight links with a group of alpha testers and expect to add more people over the next few days

the system upgrade is completed

we will be performing a system upgrade at 3am ET on Tue Feb 18. please expect some downtime on Tribe

a change to how subscription works on Tribe: if a creator hasn't messaged in the past 7 days, the subscription payment stream will automatically pause it will resume once they message again

we just added pinned message in chats!

next steps for @tribedotrun #1 priority is to ship the native mobile app. this is where we spend most of our time today. have to nail mobile UX before we can scale after that, we'll - revisit the liquid creator token idea - design sustainable liquidity & creator incentives

we pushed an update to make the portfolio view significantly faster (in the Account tab) let me know you notice any issue or slowness

two leaderboard improvements - added leaderboard for trending tribes, sorted by 7-day price change (click the icon in the top left corner of the table) - main leaderboard extended to 200 tribes

tldr: we are putting a pause on $billzh token migration. will go back to the drawing board and rethink the approach after observing recent market dynamics, we've realized that migrating my Tribe to Raydium carries significant downside risk and could distract us from achieving PMF our initial goal with migrations was to: 1. expand access to Tribe tokens via existing infra (e.g. wallet apps and tg bots), increasing exposure & upside for creators 2. capitalize on momentum and growth however, since our announcement on Monday, a few developments have led us to reconsider: - a few social tokens were launched and the results were mixed at best. the market dynamics are changing - we've talked extensively with our users and people are right to point out that the first token migration, even just a pilot, would have a significant impact on all tribes - some people perceived this as an equivalent of a project TGE (we were asked multiple times about "exchange listings plans"), which was never our intention token migration is a one-way door, so it makes sense to take a step back. here’s what happens next: 1. my token migration is on pause, and no new token will be launched on Raydium or open market 2. we will continue to explore ways to give creators more upside and distribution. we still believe in fungible tokens and we welcome all suggestions this was a tough decision—we had everything nearly ready—but we have to prioritize the long-term sustainability of the platform we will continue to iterate and learn in public as we tokenize creators of all types

details on my tribe token migration. snapshot soon - a new memecoin with 1B supply: 300M to LP, 700M airdrop - for airdrop, 10% goes to chat members (divided equally among members), 90% pro rata to all holders - bonding curve liquidity will be migrated to raydium (minus transaction fees required). as of now, there's 4000+ SOL in liquidity. - the existing token will have no value post migration