In a captivating episode of the SlateCast, the co-founders of MadFi, Carlos, Nate, and Marcus, joined Senior Editor Liam “Akiba” Wright and CryptoSlate CEO Nate Whitehill, to delve into the world of Bonsai, the first genuine community token on the Lens Protocol. The discussion shed light on the motivations behind Bonsai’s creation, its unique features, and its potential impact on the future of Web3 social platforms.
The Birth of Bonsai
The idea for Bonsai stemmed from realizing something was missing in the Lens ecosystem. As Carlos explained:
“We knew that there was something missing at Lens, and you know, DGEN was kind of like that, aha moment for everyone. It’s like, Oh, look, you can seed an on-chain community with a token and then kind of just like grow it from there.”
What started as an internal project at MadFi quickly gained traction, evolving into a token with multi-dimensional utility. Carlos emphasized:
“It’s not a meme coin. It’s a lot more than that. It ha
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