SushiSwap announced the launch of Dojo Agent and Tweet Tokens for tokenizing tweets and creating memecoins directly from Twitter.
SushiSwap said in an X post: “Dojo Agent and Tweet Tokens are now live! Our agent allows you to tokenize your favorite tweets or launch a memecoin of your own creation directly from Twitter.
1/ Agent Dojo and Tweet tokens are now online! Our agent allows you to tokenize your favorite tweets or launch a memecoin of your own creation directly from Twitter. pic.twitter.com/aofka3jRhj
– Sushi.com (@SushiSwap) November 28, 2024
How to tokenize tweets and create Memecoins with SushiSwap
SushiSwap added that there are two ways to use these new features. To tokenize a tweet, users simply need to mention Dojo Agent in their reply “ (@dojoagent)”, include their wallet address, and provide their name or ticker details. Another way to use this feature is to generate a memecoin by posting a funny idea with one’s wallet address and any specific details desired, along with “@dojoagent”.
When writing about Dojo Agent, users must attach their favorite image or allow its AI to automatically generate one for them. Importantly, Sushi’s smart contracts ensure that each post can only be tokenized once. “The creator then earns trading fees on that token forever,” SushiSwap explained.
Users looking to create tokens will not have to pay any fees but should note that there is a 5 minute interval between each user’s token creation to avoid fraud. If the agent does not respond within a few minutes, users should make sure their wallet address is included and check if the post has already been tokenized.
Interestingly, Memecoins have gone from a fad to an investment among crypto traders. Thanks to social media platforms, virality is now monetized in the form of memecoins, with Dogecoin and Shiba Inu being classic examples. According to Forbes, the market capitalization of Dogecoin increased by 5.13% and that of Shiba Inu by 4.90% in the last 24 hours. Overall, the meme market cap today is $115.20 billion, reflecting a daily change of -0.37%.
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