Jupiter Founder Meow to Critics of JUP Airdrop: Give Me a Break - Ep. 602

Published: Feb. 2, 2024, noon

While Solana DeFi protocol Jupiter staged what was by most measures a very successful airdrop launch on Wednesday, achieving a market cap of close to $800 million, the company\u2019s critics pointed out numerous ways the company seemed to unfairly enrich itself in the process. While Jupiter\u2019s founder, who goes by the pseudonym Meow, acknowledges he might have done some things differently, he finds the criticisms of the launch mostly based on \u201cbad faith\u201d and misinformation.\xa0\xa0\n\nMeow joined Unchained to discuss the thinking behind the launch mechanics of JUP, how the prior launch of memecoin WEN served as a dry run for JUP, whether the aggressive pricing strategy of JUP was a mistake, and what he hopes to achieve with Jupiter next, including the possibility of enabling companies of all kinds to list themselves publicly on chain.\xa0\n\nListen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.\nShow highlights:\n\nWhat Jupiter is and how it extends its functionality beyond mere token swapping\n\nWhat users are primarily utilizing the dollar-cost-average feature of Jupiter for\n\nMeow\u2019s background in crypto and how he ended up in the Solana ecosystem\n\nWhy a launchpad seemed the ideal choice for Jupiter's token launch\n\nWhat prompted the decision to release WEN, a memecoin, before launching JUP\n\nMeow's response to criticisms regarding the launchpad's mechanics\n\nWhether the aggressive pricing strategy for Jupiter was a misstep\n\nHow Meow feels about being targeted for criticism\n\nWhat's on the horizon for Jupiter as a platform following the airdrop\n\n\nThank you to our sponsors!\n\nPopcorn Network\n\niTrustCapital\n\nGuest:\n\nMeow, cofounder of Jupiter\nLinks\n\nUnchained:\xa0\n\nJupiter Traders Claim Whopping 545 Million JUP Tokens in First 8 Hours of Airdrop\n\nJupiter\u2019s Airdropped Token JUP Debuts at a $878 Million Market Cap\n\nPro-Ethereum Crowd Slams Solana-based Jupiter Airdrop as \u2018Absolute Trash\u2019 \n\nBreakpoint 2023 Meow conference\n\nThe Block: Solana DEX aggregator Jupiter confirms token release date\n\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices