The story of Turbo Coin is full of innovation and the power of community. The news posted on Twitter by founder Rhett Mankind records the entire process of developing Turbo Coin starting on April 23. This article will delve into the origins, naming, white paper writing, community participation, and Musk’s influence of Turbo Coin.
1. The origin of Turbo’s name and icon
In the creation process of Turbo coin, naming is a key step. Rhett Mankind first sought advice from ChatGPT to come up with a name for the meme coin that would resonate with the crypto community. ChatGPT provides multiple options that include many words related to hype and pumping, such as Fomo, Moon, and Rocket, and suggests combining them with animal names. After a public vote on Twitter, the Turbo coin was finally named TurboToad.
Next, Rhett used AI graphics software MidJourney to design the logo. After soliciting input from the community, TurboToad was renamed Quantum Leap and combined elements of the mascot, futuristic style and TurboToad to create a unique graphic. In the end, option B was elected with a high vote and became the TurboToad trademark.
2. TurboToad White Paper
After the initial work on TurboToad was completed, Rhett began working on building the token economics and white paper. Using meme coins such as PEPE and WOJAK as models, ChatGPT quickly completed the design of TurboToad's token economy. The writing of the white paper is easily completed by ChatGPT in one page under Rhett's simple instructions.
However, the subsequent writing and deployment of smart contracts has become the biggest challenge. With a limited budget, Rhett couldn't hire an engineer, so he asked ChatGPT for assistance and got recommendations from some self-study sites. After a period of self-study and community support, Rhett finally successfully completed the deployment and audit of the contract. At this point, Rhett has not spent any money except for the gas fee for contract deployment.
After three days of hard work, TurboToad, the meme coin created by AI, is finally online.
3. Turbo coin reborn with the help of the community
However, shortly after Turbo coin went online, as the liquidity pool only had $69, it was attacked by front-running bots, causing liquidity to be quickly exhausted and the project faced failure. Faced with this dilemma, Rhett asked ChatGPT for advice on how to restart the project without losing budget. After getting advice, Rhett decided to rely on the power of the community and launch a crowdfunding campaign.
During the one-day fundraising, Rhett launched a vote on the TurboToad token abbreviation to the community and established the token’s official website and Twitter account. After a day of hard work, TurboToad’s token abbreviation was named TURBO and received 4 ETH in funding from 50 investors.
The second issuance was much smoother than the first. This meme coin created by AI gradually spread among the crypto community, causing the price of TURBO to rise with momentum as its name suggests.
4. Musk’s fueling
A few days after TURBO was released, renowned digital artist Beeple created an image of TURBO and posted it on Twitter. The tweet attracted the attention of Tesla founder Musk, who left a message below, instantly triggering a wave of price increases. This incident not only increased the popularity of TURBO, but also attracted more people to pay attention to this emerging meme currency.
Conclusion
The birth process of Turbo Coin fully demonstrates the combination of the power of the community and AI technology. From naming and design to white paper writing and smart contract deployment, Rhett’s persistence and innovative spirit laid the foundation for Turbo Coin’s success. The support of the community and the help of well-known figures make this meme coin stand out in the crypto market.
The story of Turbo Coin reminds us that in the rapidly evolving crypto world, innovation and cooperation are always key factors in driving project success. As more people join the project, the future of Turbo Coin is undoubtedly full of endless possibilities.