Memecoins
Launch a Memecoin on Base with Basecamp
It’s memecoin season and with the growing interest we’ve seen an increase in “memecoin launcher” projects.
The idea? These DIY platforms make it easy to create and distribute your memecoins in a simplified and secure way.
So far I’ve covered a couple of these projects, like Pump.fun AND Partyand more will launch every week. A new one that caught my attention this month is Base camp.
Pump.fun got $2 million in a flash loan on Bankless
Solana’s lively memecoin launcher strikes with attack.
Created by the builders of Sudoswap (one of my favorite protocol teams), Basecamp is a 1-click memecoin distributor with no launch costs except the ETH needed for gas.
Specifically, Basecamp is custom designed to release memecoins on Uniswap’s Base distribution.
Typically, you will need some initial capital to create a liquidity pool (LP) for a new token, but Basecamp allows you to set up a pool without any initial liquidity provided. It also locks in liquidity to avoid hurdles and allows creators to retain 5% of a token’s supply and earn 66% of all accrued LP fees.
Pretty cool, right? Well, if you’re interested in exploring, it’s easy to dive in. First, go to basecamp.wtf and connect a wallet.
Note, you may notice wallets like MetaMask, Rainbow, Rabby, etc. which throw a “warning” message when you connect. This is a common precaution with new sites and is intended to be a first line of defense against malicious platforms. Sudoswap is legit, so you can ignore it here, but feel free to log in with a mastered wallet if you want to go the extra mile!
Once you’re logged in, you can start reviewing new and trending tokens on Basecamp or hit the “Launch Token” button to start setting up your own.
Clicking on an existing token will take you to an interface where you can review the coin’s main liquidity and activity statistics or connect to trade on the associated Uniswap pool, like this:
As for creating your own memecoin, the “Launch Token” button on the home page will take you to a mode where you can enter the name, ticker, offering, and initial market cap of your desired token. Remember, you don’t have to supply ETH for this market cap; instead Basecamp adjusts the size of your LPs based on your choice.
When you’re ready to proceed, hit “Start Token,” complete the deployment transaction with your wallet, and voila: your memecoin will now be active on Uniswap and Base.
You will now be taken to your coin’s token profile. This interface offers an admin panel where you can request LP fees in the future if your token gains traction.
Of course, keep in mind that Basecamp is brand new and there is no guarantee that the tokens you create here will have lasting success.
What the platform does have going for it, though, is that it’s probably the easiest, fastest, and cheapest place to distribute memecoins today, and there’s nothing to complain about. It took me longer to write the first few sentences of this post than it did to launch the example MMT token above!
As a result, Basecamp democratizes access to token creation and has the potential to fuel a new wave of creative, community-driven projects on Base. In the meantime, it’s a great resource to bookmark for your onchain toolbox – don’t sleep on it!