11amPrice

(11AM)

The $11AM token functions as a 'strategy token' within a unique 'Show-as-a-Protocol' framework. The project hosts a daily live show featuring notable Web3 founders and traders. A portion of the protocol's trading fees is strategically used to purchase the tokens of guests who appear on the program. When these guest tokens reach specific performance milestones, the profits are captured and fed back into the 11AM ecosystem, allowing token holders to benefit from the discovery and success of featured projects.

The project is spearheaded by founders Jess Sloss and Josh Cornelius. It is a flagship initiative of the Seed Club Network, which is one of the most reputable accelerators for 'internet-native' projects in the industry. The network has a strong track record of backing successful social token projects, providing 11AM with significant institutional knowledge and community trust.

The protocol utilizes a conviction-based model to align the community with the show’s content. When a guest is featured on the daily broadcast, the protocol uses accumulated fees to buy that guest’s native token. This allows $11AM holders to effectively 'own the strategy' discussed on air. If the hosts identify a high-potential project, the treasury’s acquisition allows the community to participate in the project's growth alongside the show’s discovery process.

The $11AM token is natively built on the Base network, a prominent Layer 2 solution known for its efficiency. It is primarily accessible through decentralized exchanges (DEXs) within the ecosystem. This network choice ensures that participants can interact with the token and its associated strategy with low transaction costs and high speed.

11AM sits at the intersection of both categories. While it leverages the community-driven and viral elements typically found in meme coins, it is structured as a sophisticated social and utility token. Its 'financialized media model' uses content reach and viewership to drive protocol treasury actions, creating a utility-driven ecosystem where the media produced directly influences the underlying financial strategy.

Engagement goes beyond simple token ownership. Community members can influence the ecosystem by participating in live daily broadcasts on various social and streaming platforms. Viewers are encouraged to interact with the hosts in real-time, helping to build conviction and identify which guests or projects should be featured. This interactive model allows the community to help shape the direction of the protocol’s treasury moves.