what's Bags?

Bags is a Solana-native platform designed for creators to launch projects, enabling community funding through tradable shares akin to memecoin venture capital. Users can easily create projects without coding, set sharing fees with collaborators, and earn perpetual 1% royalties from all trading volume. The platform supports founder modes for admin control and pre-launch share purchases. It features mobile apps on iOS and Android for seamless trading, discovery of trending tokens, and social sharing. Additional tools include hackathons, funds like @BagsFund, analytics via Bags API, and low-fee launches (~0% or 10% options), fostering a vibrant creator economy on Solana.

Bags is a new game's ecosystem token; players stake and earn PHETTA tokens.