Sigil Grid 2 is part of a daily drawing regime where moods and intentions are sealed in a stream of improvised symbols. It’s a spell cast slowly over an entire season - a dollar cost averaging of psycho emotional gunk.

There are 1156 editions of Sigil Grid 2 (Dark), one for each element in the grid. Its 1/1 sibling, Sigil Grid 2 (Light) , will be given to a randomly selected holder of Sigil Grid 2 (Dark).

🖤 @presstube

Sigil Grid 2 (Dark)

SonOfLasG

A wrapped Cryptopunk from the original exploited V1 contract. Buyer beware - if you don't understand the preceding sentence, this is not the Cryptopunk you're looking for.

V1 PUNK #4723

Proof_DerekEdwardSchloss4

$PLEDGE 𝑨 𝑪𝒖𝒓𝒊𝒐𝒖𝒔 𝑬𝒙𝒑𝒆𝒓𝒊𝒎𝒆𝒏𝒕 𝒊𝒏 𝑬𝒄𝒐𝒏𝒐𝒎𝒊𝒄 𝒂𝒏𝒅 𝑺𝒐𝒄𝒊𝒂𝒍 𝑪𝒂𝒑𝒊𝒕𝒂𝒍

$PLEDGE is more than just another #memecoin. It’s a bold social experiment blending 𝑒𝑐𝑜𝑛𝑜𝑚𝑖𝑐 𝑐𝑎𝑝𝑖𝑡𝑎𝑙 with the idea of 𝑠𝑜𝑐𝑖𝑎𝑙 𝑐𝑎𝑝𝑖𝑡𝑎𝑙. Launched with an unconventional distribution model, $PLEDGE challenges traditional notions of how fungible tokens operate, positioning itself as a symbol of trust, integrity, and long-term commitment within its community.

What Is $PLEDGE?

At its core, $PLEDGE is a memecoin with a twist:
🤝Distribution: Tokens were airdropped to 900 participants after a six-week period of community-building and ETH donations, emphasising collective ownership over speculation.
🤝The Pledge: Holders commit not to sell more than 1% of their tokens per month, locking them into an 8.5 year commitment. This voluntary restraint turns $PLEDGE into a test of community trust and shared values.

𝑬𝒄𝒐𝒏𝒐𝒎𝒊𝒄 𝑪𝒂𝒑𝒊𝒕𝒂𝒍 𝒂𝒔 𝒂 𝑺𝒊𝒈𝒏𝒂𝒍 𝒇𝒐𝒓 𝑺𝒐𝒄𝒊𝒂𝒍 𝑪𝒂𝒑𝒊𝒕𝒂𝒍

What makes $PLEDGE unique is its use of economic capital (a token with monetary value) as a signal for social capital, the intangible currency of trust, reputation, and belonging. By committing to the pledge, holders demonstrate loyalty to the community and its values, transforming what would typically be a speculative instrument into a marker of 𝐬𝐨𝐜𝐢𝐚𝐥 𝐢𝐧𝐭𝐞𝐠𝐫𝐢𝐭𝐲.

𝑨 𝑩𝒐𝒍𝒅 𝑬𝒙𝒑𝒆𝒓𝒊𝒎𝒆𝒏𝒕

$PLEDGE’s design is both innovative and controversial:
🤝Innovation: It reimagines memecoins as vehicles for fostering community-driven trust and accountability.
🤝Controversy: The enforcement mechanisms, including public shaming of “pledge-breakers,” raise some concerns.

While its long-term sustainability remains uncertain, $PLEDGE stands as a provocative example of how cryptocurrency can challenge traditional ideas about value, blending economic incentives with deeper cultural and social significance.

In a world often dominated by short-term gains, $PLEDGE asks a bigger question: 𝐜𝐚𝐧 𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐢𝐧𝐬𝐭𝐫𝐮𝐦𝐞𝐧𝐭𝐬 𝐛𝐞 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐞𝐝 𝐢𝐧𝐭𝐨 𝐭𝐨𝐨𝐥𝐬 𝐟𝐨𝐫 𝐛𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐭𝐫𝐮𝐬𝐭 𝐚𝐧𝐝 𝐦𝐞𝐚𝐧𝐢𝐧𝐠𝐟𝐮𝐥 𝐫𝐞𝐥𝐚𝐭𝐢𝐨𝐧𝐬𝐡𝐢𝐩𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐚𝐠𝐞?

As a primer here's an article I wrote a few months back about memecoins and NFTs as vehicles for economic and social capital and how the two can (and likely will) coexist.

https://x.com/Sonoflasg/status/1849302757163081843

Full disclosure. I took the pledge and I stand by it wholeheartedly 🤝

SonOfLasG

SonOfLasG

Featured (0)

All Works (0)