# 17 November: Launch of Groups ## What’s New * **Launch a Group**: Creators and communities can now launch their own *Groups*, forming coin economies around cultural memes, creator tokens, or even third-party assets. * **Group Coin**: Each Group is centered around a **Group Coin**—a base token used to denominate and capture value from all trading and derivatives activity inside that Group. * **Earn on Trading**: Group owners can enable a **10% creator revenue fee**—paid out automatically from trading activity within the Group. * **Modular Permissions**: Set Group permissions to **open** (anyone can add coins) or **closed** (only the owner can), with full modularity for future permission models. * **Group as Cultural Registry**: Groups serve as repositories of cultural and derivative assets tied to the Group Coin IP. Think memecoins, forks, extensions—fees from their trades go to the Group economy. * **Withdrawals and Ownership**: Group owners can withdraw assets directly. Future support for **sub-Groups** allows fractional asset control without parent Group ownership transfer. ## Why it matters * Groups shift coins from single tokens to structured economies. By aligning creator and community incentives around a Group Coin, cultural memes and onchain assets can compound value over time. * Whether you’re launching your own token or building around another, Groups give you the rails to coordinate, monetize, and grow your coin’s ecosystem. #### Links * Launching a Group :