“Hi, my name is $ALEX” An Open Community by AlexMasmej

$ALEX airdrop to the a16z contract address on Ethereum

$ALEX, social money created by Alex Masmej is now listed on the Social Money Exchange powered by Uniswap

In the past few months, Alex has emerged as one of the major voices in the Undercollateralized DeFi movement.

Throughout this time, he’s been casually incentivizing his open community with $ALEX, his own social money he’s created through the Roll protocol.

It’s only been a little over a month but we’ve seen Alex use $ALEX is some pretty interesting ways so far.

From signaling his future startup to venture firms…

Holding experimental contests with his twitter followers…

Incentivizing additional grants to the Uncollateralized DeFi group on Gitcoin…

Layering the $ALEX community on top of other platforms like Discord and Pepo…

And soon starting a fashion brand.

$ALEX can be used to purchase social actions like tweets or shoutouts, Alex’s upcoming Merch, his time as a contractor, or simply holding it to join the open community he’s building on the Ethereum blockchain.

Some stats on the $ALEX economy:

  • Over 200,000 $ALEX have been distributed on over 150 wallets across Roll, MetaMask, Trust Wallet, and Discord.
  • There is a fixed supply of 10MM $ALEX
  • There are 3.4MM ALEX currently in circulation

The remaining 6.6MM $ALEX will be vested in about 200,000 $ALEX increments monthly over the next 33 months.

You can buy $ALEX here and view all contributions to the $ALEX Uniswap pool here.

If you’d like to be a liquidity provider (LP) for $ALEX on Uniswap, follow these steps (video as well) and contribute your $ALEX and ETH by clicking here.

If you have $ALEX and don’t know the contract address, you can find it here on Etherscan.

Alex is building an exciting new community in the DeFi space, it will be interesting to see where and how he utilizes his social money $ALEX across the web over the next few years.

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