Candle.tv
Culture Coins vs Memecoins
We believe memecoins have much bigger potential if we fixed one key issue: memetic provenance.
Memecoins today don’t create culture, they fast-follow cultural trends and extract from culture.
How do culture coins (Dogecoin, Dogwifhat, Fartcoin) differ from the millions of other memecoins created? They have memetic provenance - crypto culture created these memes.
The millions of other memecoins that don't have memetic provenance tend to go to 0 very quickly. The second order effect is daily runners and extractive devs.
After all, how can we believe in something when we stole the meme?
Our mission for Candle is to flip the script between culture & crypto. Candle introduces crypto’s own content platform to accelerate the creation and adoption of culture coins.
About Candle.tv
Candle.tv is a single channel livestreaming platform coupled with a launchpad. The livestream is a throwback to linear tv, one single invite-only channel that curates the best content creators.
Incentive Alignment
When creators stream on Candle.tv, they earn 50% of the trading fees on the tokens created during their livestream.
For the most part, content creators launching their own tokens has proven to be a lose-lose proposition. Creators aren't great at designing tokenomics nor sustainably promoting their token. And when their tokens eventually fail, creators lose reputation. Plus, most creators don't want to be married to a ticker.
Content creators are really good at creating viral, clippable moments. These are memetic moments, opportunities for the trenches (who are really good at launching and marketing tokens) to create tokens and superchat them to the creators (optionally).
Creators win by creating memetic moments, the trenches win by creating tokens from these memetic moments.
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