Rorschach Price

About the coin

Rorschach is a token launched as a test of the WAGMI deployer that quickly became an experimental community token on the Base network. It was bootstrapped on Farcaster with the goal of helping to give a voice to builders, artists, and creators. In the first 24 hours, the community gained 150 members who are all looking to make a difference for 'the nobodies', an affectionate term for people with smaller voices on social media who have something to offer to the world of crypto and just need an amplifier to get their ideas out to the world.

Main features

Through a series of experiments on social media, the Rorschach community is finding ways to help elevate each other and the broader community. The first experiment involves artists submitting a Rorschach or Base themed piece, which is then listed to mint on the project's Zora collection. Artists choose the mint price, with 90% of the proceeds going to the artist and 10% going to buy back ROR tokens using a Splits distributor contract. The community and developers help share the artist's work and the rest of their portfolio, with the goal of getting their work seen by the world.

How it works

Rorschach was fair launched on WAGMI with 100% of the tokens put into liquidity and no allocations for team members or other people. Everyone who bought Rorschach on the ground floor did so because they wanted a sense of community and believed in the project. At the time of writing, 11.06% of the supply was burned by community members who purchased the tokens themselves in the first 24 hours of trading. Further burns may be done if they are determined to be in line with community goals.