BOOKMARK IT: Clutch Markets X ChainMancer Is Launching Books, An All New Tokenized Trader Platform That Rewards Performance Over Hype, On October 27th!

The memecoin trenches are looking more like a slaughterhouse than a land of opportunity these days!

Between the recent Kimchi controversy, allegations of undisclosed side wallet selling, and questions surrounding PumpFun's payouts to key opinion leaders, social trading is starting to look a lot more like farming, with some influencers accused of extracting value from their followers rather than shepherding them toward greener charts and pastures!

But fear not!

Clutch Markets founder 0xSimpleFarmer is looking to turn the tables on these supposed trading gurus with an all new financial primitive designed to better align traders with their supporters, reward actual performance, and put every self proclaimed memecoin pro on notice when it launches next week!

 

“Books” Social Capital Markets by StonkBrokers goes live on Robinhood Chain on Tuesday, October 27, in collaboration with  @MancerXYZ.”

 

“We are currently propping up the best salespeople and actors and selling them as the best ‘traders,’” 0xSimpleFarmer tweeted today .”Imagine if NBA basketball were played by the best actors pretending to be good at basketball instead of the most talented athletes. What would the value and popularity of that product be? It would be considered a scam of a product. Not dissimilar to how the general population views the current state of the trenches. Hence, I have created another suite of onchain contracts to attack this problem head-on. That solution is “Books,” an ERC-6551-powered tokenized trader launchpad and trading engine where creators can monetize not through what they say, but through the quality of their trading execution over a selected epoch.”

 

As the Gazette previously reported, Books is a new piece of StonkBrokers technology being developed by 0xSimpleFarmer in collaboration with ChainMancer's Michael Hirsch on Robinhood Chain.

With Books, anyone from a popular crypto caller to an everyday trencher can launch a token tied to their own trading vault, allowing supporters to gain exposure to their trading performance over a predetermined period.

So, instead of blindly following a KOL's calls on the timeline, supporters can back a trader while that trader does what they claim to do best, buy, sell, and rotate between assets!

 

“I expect this deployment to spark a new meta and bring serious new traders and volume to Robinhood Chain,” 0xSimpleFarmer wrote. “I cannot wait to see which traders open the first ones.”

 

For more information on Books and how it works, check out 0xSimpleFarmer’s X Article below:

The Gazette will continue to follow Books as it prepares for Tuesday's launch and will let you know who opens the first trading vaults and how they perform. Stay tuned for updates!