Memecoins
Launch a Memecoin on Base with Basecamp
It’s memecoin season, and with the growing interest here, we’ve seen an increase in “memecoin launcher” projects.
The idea? These DIY platforms make it easy to create and deploy your own memecoins in a streamlined and secure way.
I’ve covered a few of these projects so far, like Pompe.fun And To party, and more are launched every week. A new one that caught my attention this month is Base camp.
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Solana’s animated memecoin launcher has been attacked.
Created by Sudoswap builders (one of my favorite protocol teams), Basecamp is a 1-click memecoin deployer with no launch fees except the ETH you need for gas.
Specifically, Basecamp is designed to release memecoins on Uniswap’s base deployment.
Typically, you will need some initial capital to create a liquidity pool (LP) for a new token, but Basecamp allows you to create a pool without any initial liquidity provided. It also locks in liquidity to prevent abuse, and allows creators to keep 5% of a token’s supply and earn 66% of all accumulated LP fees.
Pretty cool, right? Well, if you’re interested in exploring, it’s very easy to dive into. First, go to basecamp.wtf and connect a wallet.
Note that you may notice that wallets like MetaMask, Rainbow, Rabby, etc. send a “warning” message when you log in. This is a common precaution with new sites and is intended to provide a first line of defense against harmful platforms. Sudoswap is legit, so you can ignore it here, but feel free to connect with a burner wallet if you want to go the extra mile!
Once logged in, you can start reviewing new tokens and trends on Basecamp or tap the “Launch Token” button to start setting up yours.
By clicking on an already existing token, you will access an interface where you can view the main liquidity and activity statistics of that coin or log in 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 modal where you can enter the desired name, ticker, supply, and starting market cap of your token . Remember that you are not obligated to supply ETH for this market cap; instead, Basecamp adjusts your LP size to target your choice.
When you’re ready to continue, tap “Launch Token”, complete the deployment transaction with your wallet, and voila: your memecoin will now be live on Uniswap and Base.
At this point, you will be redirected to your coin’s token profile. This interface offers an admin panel where you can claim 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 see lasting success.
The upside of the platform, however, is that it is arguably the easiest, fastest, and cheapest place to deploy memecoins today, and that’s nothing to sneeze at . It took me longer to write the first few sentences of this article than it did to run the MMT token example above!
As a result, Basecamp democratizes access to tokenization and can potentially fuel a new wave of creative and community projects on Base. In the meantime, this is a great resource to bookmark in your on-chain toolbox: don’t sleep on it!