MetaMask Co-Founder Dan Finlay Launches CONSENT Token Amid Platform Rivalry
MetaMask co-founder Dan Finlay has introduced a new token named CONSENT, focusing on user consent and autonomy. Built on Clanker within the Farcaster ecosystem, it aims to address user rights amidst artificial intelligence developments. Unlike typical meme coins, CONSENT combines humor with cultural commentary and deeper significance.
Platform Rivalry: Clanker vs. Pump.fun
Finlay noted that two tokens named CONSENT exist, available on both Base and Solana. He indicated that only one will prevail, currently favoring the Clanker version. However, he warned of potential scams on Clanker, contrasting this with the credibility of Pump.fun developers. He stated that crowdfunding is unfeasible under Clanker's model, sharing:
“There are two tokens called CONSENT, and only one will win in the end. So far, the obvious result is: on Clanker, there will be a lot of people rushing and Rugging; on Pump.fun, at least the developers are the real founding members. For example, it is impossible to crowdfund an organization using Clanker’s model. So far, even though the amount I invested in Pump.fun is only a small part of Clanker, the income has been several times what I lost on Clanker.”
In response, Clanker acknowledged Finlay's feedback, stating they tested both platforms simultaneously and promised improvements based on his suggestions. Despite criticisms, Clanker noted Finlay earned over $26,000 in ETH.
tonight @danfinlay tried clanker and https://t.co/KFBFaMMcm0 at the same time
he gave us some good notes and we'll use them to improve our product
dan didn't have a good experience, but he did earn over $26k in ETH alone.
gn, clanker is off, shipping new factory tomorrow pic.twitter.com/zRB3JhznYW
— clanker ~ autonomous memes ~ (@_proxystudio) November 27, 2024
Solana's Dominance: CONSENT's Rapid Rise
The Solana platform has experienced more trading activity for CONSENT tokens compared to Base, achieving a market value exceeding $85 million shortly after launch. According to Gecko Terminal, the token's price on Solana increased by over 99% in the past 24 hours.
A CONSENT liquidity pool has been established on Raydium Liquidity, enhancing the token's usability within the Solana ecosystem. Finlay continues to engage actively with his audience on Warpcast, comparing its experience to Solana's and emphasizing ongoing competition.