Dan Finlay’s new $CONSENT Token Launches on Solana and Base

Metamask co-founder Dan Finlay has launched a new token called Consent on Solana and Base, focusing on user consent and autonomy.

The consent ($CONSENT) token was conceptualized by Finlay at Clanker at Farcaster to encourage user consent in the age of Artificial Intelligence. The token falls under memecoins and addresses intellectual property and “consent to share and train AI.” Finlay describes the token as a “fuzzy consent” framework in the blockchain and Web 3 ecosystem.

Although the confirmation token is available on both Solana and Base, users trade the token more on Solana than on Base. Solana is also witnessing a higher market cap for Consent than Base, with a volume of $50.01K in the last 5 hours since the token’s launch. Looking at the binding curve, it is quite clear that there is a steady increase in adoption of the token on the Solana chain.

CONSENT Token Trading Activity: Initial market volatility displayed on Raydium | Source: crypto.news

Additionally, the token’s liquidity pool has been built on the Raydium Liquidity Pool, which will increase the token’s visibility and usability in the Solana ecosystem.

Not content with just the token launch, Finlay is actively engaging with his audience on Warpcast by drawing comparisons between Warpcast and Solana memecoin experiences, hinting at a competitive narrative.

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The co-founders’ launch of Consent also led to discussions about the many challenges and opportunities associated with different platforms. He voiced his support for Pump.fun while expressing concerns about Clanker, a meme distribution platform in the Base ecosystem.

In a recent post on Farcaster, Finlay noted that the blockchain community is at risk of becoming “pioneering and resilient” on the Clanker platform. It touches on how some individuals can manipulate the system to their own advantage, posing a threat to new projects and losses to early supporters.

Dan Finlay criticizes Clanker’s token model, highlights the risks of running ahead and falling behind, and praises Pump.fun for encouraging trust in developer-led initiatives. | Source: crypto.news

On the other hand, he talked about how Pump.fun offers a more reliable model since the developer is a founding member. He also observed that crowdfunding through Clanker is nearly impossible due to security vulnerabilities.