SushiSwap has announced the launch of Dojo Agent and Tweet Tokens for the tokenization of tweets and the creation of memecoins directly from Twitter.
SushiSwap said in an X post, “Dojo Agent and Tweet Tokens are now live! Our agent allows you to tokenize your favorite tweets or launch a memecoin of your own creation directly from Twitter.”
1/ Dojo Agent and Tweet Tokens are now live! Our agent allows you to tokenize your favorite tweets, or launch a memecoin of your own creation directly from Twitter. pic.twitter.com/aofka3jRhj
— Sushi.com (@SushiSwap) November 28, 2024
How to Tokenize Tweets and Create Memecoins with SushiSwap
SushiSwap added that there are two ways to use these new features. To tokenize a tweet, users simply need to mention the Dojo Agent in their reply “(@dojoagent),” include their wallet address, and provide their name or symbol details. Another way to use the feature is to generate a memecoin by posting a fun idea with their wallet address and any specific details they wish, along with “@dojoagent.”
When writing to Dojo Agent, users must attach their favorite image or allow its AI to automatically generate one for them. It is important to note that Sushi’s smart contracts ensure each post can only be tokenized once. “The creator then earns trading fees from that token forever,” SushiSwap explained.
Users looking to create tokens won’t have to pay any charges but must note that there is a 5-minute interval between each user’s token creation to prevent fraud. If the agent does not respond within a few minutes, users should ensure their wallet address is included and verify if the post has already been tokenized.
Memecoins have interestingly evolved from a fad to an investment among crypto traders. Thanks to social media platforms, virality has now been monetized in the form of memecoins, with Dogecoin and Shiba Inu being classic examples. According to Forbes, the market cap of Dogecoin has increased by 5.13%, and Shiba Inu has risen by 4.90% in the last 24 hours. Overall, the meme market cap today is $115.20B, reflecting a -0.37% daily change.
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