Last week, I came across a very interesting story in the cryptocurrency space and decided to dig deeper. This time the story is about another meme coin, but one with an unusual background. This is a story about collaboration and co-creation between artificial intelligence, an artist (Rhett Mankind), and a community. Let’s explore the amazing journey of this experiment together.
Who is Human Red?
In this story, ChatGPT plays a crucial role. To learn more, I looked up Red's background. He is an award-winning digital artist with over 20 years of experience in commercial art and design, exhibiting at top galleries including Sotheby's and SuperRare. Red is not only an artist, but also an NFT collector and even has a loyal following on YouTube.
Red has been involved in the crypto industry since 2013, but decided to take a break from creating art a few years ago and focus on learning about markets and technical analysis. The accumulation during this period has enabled him to deal with the challenges of current encryption art more calmly.
Starting point for this experiment
Today’s crypto art market is not optimistic. The bear market and crypto winter have left many artists facing difficulties, and Red is no exception. He admitted frankly: "The digital space of selling art is dead, and it will definitely be dead this year." Nonetheless, Red realized that now is the best time to try new things. So, he decided to conduct a fun experiment with his audience.
Reed's experiment isn't just about attracting attention, it's about putting his artistic ego aside and creating with the power of artificial intelligence. ChatGPT provided him with a framework for creation, and Red recorded every suggestion and fed it back to artificial intelligence. Finally, after a community vote, the token name was determined to be TurboToad.
The birth of tokens
As the experiment progressed, ChatGPT also provided Red with the concept of a mascot image, and used Midjourney to generate multiple versions for the community to choose from. Eventually, the most popular version was selected. In addition to the mascot, artificial intelligence helped Red develop the token economics, white paper, and smart contract code, which were reviewed and fine-tuned by community volunteers.
Red then built a website, with all content written by ChatGPT, and launched a Twitter account. Just as he was about to deploy his tokens and create a liquidity pool, something unexpected happened: a bot bought the entire liquidity pool with a budget of just $69.
the power of community
When faced with the dilemma of the liquidity pool being sold out, Reid did not give up. He decided to solve the funding problem through community crowdfunding. Ultimately, the total supply of tokens was 69 billion, 9 billion of which were held by Red as founder, with 50 crowdfunding participants collectively raising $6,669.
After the experiment was completed, the tokens were successfully launched and participants’ tokens were distributed. Reid's efforts were not in vain. Someone opened a liquidity pool on the first day, marking the successful launch of this experiment.
Traction and Exposure
While the experiment itself is impressive, without traction and growth it might end up being just a fun experiment. Red’s tweet didn’t go viral, which makes me wonder how $TURBO gained exposure.
Reed mentioned that the raw, unedited video he posted attracted a lot of attention. This video truly records his experimental process and mental journey, especially his experience of struggling in this market, which resonates with many people. Many viewers began sharing the video, gradually bringing more exposure to $TURBO.
community autonomy
As the plan continued to develop, token holders began to ask Red to initiate more activities, such as opening a Discord or Telegram group. However, Red decided from the beginning to let artificial intelligence lead the experiment and give power to the community. He believes that the market should determine what happens next.
As Reed says, "For me, the project was structured differently. I haven't had direct control over TURBO since it launched. I've watched the ups and downs along with everyone else." This open attitude appeals to With more attention, the project has thrived.
Impressive Achievements: As I write this, $TURBO has achieved impressive results: 16,000 holders, over 100 million market cap, and 84 million trading volume. This all proves the power of community and the success of Red’s experiment.
Conclusion
The story of using ChatGPT to create the $Turbo Meme token not only demonstrates the potential of artificial intelligence in creation, but also reflects the importance of community in the cryptocurrency world. Through collaboration and co-creation, Red and his audience succeeded in turning a simple experiment into a compelling project. In the future, as technology continues to advance and the community continues to grow, we can look forward to more similar innovations and breakthroughs.