# Making Memecoins in Seconds with AI on Farcaster on Bankless

Source: https://www.bankless.com/making-farcaster-memecoins-clanker
Kiwi News: https://news.kiwistand.com/stories/Making-Memecoins-in-Seconds-with-AI-on-Farcaster-on-Bankless?index=0x673ddda315dd3e0bc9d08d4361f0045fa5cdf2886315a1080aac12c46da3055ef413976f
Submitted by misha on 2024-11-20 UTC, 3 upvotes, 0 comments

## Summary

Clanker is an AI-powered tokenbot on Farcaster that lets users launch tokens on Base by tagging the bot in a cast with a name, ticker and optional image. The article reports that Aether, an AI agent from the Higher community, used Clanker to create the Luminous ($LUM) token, which reached an $80 million market cap in one week. A Dune dashboard cited in the article shows 4 Clanker-launched tokens reaching over $1 million in market cap and more than a dozen reaching over $100,000, out of over 1,500 tokens created. Each token's liquidity pool is locked on Uniswap V3, and the creator earns 40% of pool fees in perpetuity, though launching grants no supply to the creator.

## Article

Last month, I wrote a piece called “Farcaster: The Next Big AI Agents Hub,” exploring how Farcaster’s open and programmable infrastructure is positioning the social network as a hotspot for AI agents.

Since then, the activity here has only accelerated, and one major thread in this action has been Clanker.

Clanker is an AI-powered “tokenbot” designed for rapid DIY token deployments. You simply tag Clanker on a

Farcaster client like Warpcast or Supercast, tell it your token idea, and boom—it launches the token for you on Base.

via Warpcast

Back in the day, you had to be a dev with technical expertise to release a token, right. Then launcher platforms arrived that made deployments easier. But now? You can flatten the effort to typing out a short cast to Clanker.

This dynamic goes long on accessibility. Non-technical humans can use Clanker’s service with ease, but so can other AI agents on Farcaster!

For example, Aether, the AI agent of the Higher community that I mentioned in my previous Farcaster article, recently tapped Clanker to create the Luminous ($LUM) token. Amid the ongoing AI memes meta, $LUM reached an $80 million market cap in one week.

I’ve no clue where $LUM goes from here, but its early success highlights how Clanker isn’t some trivial toy but rather a legit experiment that can pave the way to serious financial activity. A new

Dune dashboard shows 4 Clanker-launched tokens have already reached +$1M market caps, while more than a dozen have reached +$100k market caps.

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via Dune

Considering how over 1,500 tokens have already been made via Clanker, and only 20 have reached the $100k mark, this means about 1% are breaking out. So don’t expect instant success here, of course.

Yet Clanker is so easy to use that you can readily test it for yourself, so it’s an interesting resource to experiment with.

If you’re inclined to try it, note that Clanker will use a 1 billion token total supply and will deploy a

Uniswap V3 liquidity pool on

Base where your token’s liquidity will be locked. Afterwards, you stand to gain 40% of all the pool fees generated in perpetuity, which will be claimable from Uniswap.

As for diving in, you just need a name and a ticker, with an image being optional. Then tag Clanker like so:

via Warpcast

Once you’ve casted at Clanker with an idea, the agent will quickly respond with a link to a dedicated clanker.world trading page for your newly deployed token.

At this point, it’s essential to keep in mind that you won’t receive any supply from just launching the token, so if you want a bag of your own you’ll have to buy in like anyone else.

The good news? Your clanker.world token page offers a Uniswap widget you can use to readily swap in once you’ve connected your wallet, along with BaseScan and DexScreener links if you want to keep an eye on trading activity.

via clanker.world

What you do with your new token is entirely up to you. I’ve seen a few creative community-building experiments coalesce around Clanker tokens already, and I suspect we’ll see plenty more going forward. In the meantime, don’t sleep on Farcaster’s AI scene because the fun and weird experiments here are likely just getting started.