The Product
RIPS is built in 2 components, each making the other more useful with every RIP:
Component 1 —> Consumer App
RIPS is live as a Farcaster mini-app and is expanding to a standalone web app.
Daily Free Rip: Start with a free pack of two tokens curated from active, credible onchain projects and creators.
Paid Packs: Buy Mystery, Community or Themed Packs in USDC. Every card represents real ERC-20 tokens, which can be claimed and auto-deposited to your wallet.
Swap: Built-in swapping (including batch swap) lets you consolidate to USDC or rebalance your pulls.
Profile & Progression: Track total rips, streaks, and top pulls. A global leaderboard highlights the most active collectors. Each rip earns Rips Points, which will determine a user’s $RIPS allocation at launch (see Tokenomics).
For builders, inclusion in RIPS packs reaches a concentrated base of active onchain users; people who interact daily, share pulls, and explore new ecosystems. Each inclusion sparks genuine interest and repeat touchpoints.
RIPS connects discovery, liquidity, and culture, creating a living, breathing marketplace for the next generation of onchain assets.
Component 2 —> Coin Acquisition & Intelligence (“The RIPS Monitor”)
RIPS Monitor powers the app behind the scenes:
Treasury & Inventory: Real-time portfolio value, revenue, active users; inventory (committed vs available), restock needs, wallet USDC.
Pack Ops: Pre-generate Mystery/Community/Themed packs, schedule Legendaries, and measure value efficiency & unit profitability to tune composition, cadence, and pricing.
Trader-Grade Tooling: The Swap Cost Analyzer runs standardized test buys and flags assets with poor execution (slippage, routing, LP depth).
Progressive disclosure to users: Over time we aim to surface execution/liquidity grades per token, transparent pack value metrics, restock/trending indicators, and simple risk profiles, paired with plain-English explainers (slippage, LP depth, routing). The goal: make every user more effective while learning what’s under the hood.
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